Atlanta Developer Takes on Mixed-Use Development Next to Braves’ New Baseball Stadium, By Brian Croce, Multifamily Executive

 “Total price tag for recently opened projects tops $700 million; includes ballpark, three luxury apartment buildings, retail, offices, and entertainment venues. The Braves didn’t want to build just a ballpark, however; the team had big plans to build a destination: one that included a mixed-use development next door to the stadium featuring residential and commercial development, offices, and entertainment venues.”

 

Economy Watch: Retail Sales Enjoys Strong September, By D.C. Stribling, Commercial Property Executive

“U.S. retail and food services sales increased 1.6 percent compared with August, according to the U.S. Census Bureau, with the auto and gas station categories faring best for the month.”

 

CRE Trends: Tech, Demographics, Policy Will Converge, By Paul Bubny, GlobeSt.com

“An MIT Center for Real Estate report commissioned by Capital One identifies trends that ‘defy conventional wisdom’ along with ‘evolving market conditions that were hiding in plain sight,’ says Rick Lyon, the bank’s head of commercial real estate.”

 

Office Vacancy Rates Dip to 12.9 Percent in the U.S., By Michael Gerrity, World Property Journal

 “According to CBRE, vacant office space in the U.S. declined by 10 basis points (bps) during the third quarter of 2017 (Q3 2017) dropping to 12.9 percent. Continuing a recent pattern, suburban office markets continued to set the pace for declines.”

 

Winning Amazon’s HQ2 Will Require Prime Tech Talent, By Lara O’Keefe, Bisnow

 “As the deadline for Amazon’s HQ2 request for proposals draws near, cities continue to pull out all the stops in an attempt to win the bid for the tech giant’s second headquarters.”