ft., respectively. WebAtlanta office market reports Q4 2022 01:08 The Atlanta office market continues to remain strong, ending with over 194,742 sf of positive absorption in the fourth quarter of 2022. CBRE expects to grow its investment in office in at least one way: Industrious, in which itpurchased a 35% equity stake in 2021. CORRECTION, MARCH 1, 10:15 A.M. CBRE Summary and analysis of Atlanta's current economic and industrial real estate market conditions. A seismic shift is underway for the largest commercial real estate services company in the world. ft. or larger accounting for 91.2% of the new industrial inventory. With more than 100,000 professionals in over 100 countries, CBRE is the global leader in commercial real estate services and investment. CBRE Research prepares Canadian MarketViews on office, industrial, retail, investment and multi-housing sectors and other specialty reports. WebThis report is a one-page summary of our expectations for the Atlanta Industrial market looking forward from the end of 2018. A record amount of new supply was delivered in Canada this quarter, with a total of 12.7 million sq. By Russell Wills & Bella Hahn. Copyright document.write(new Date().getFullYear()) CBRE. The reduction in construction starts will lead to ft. in Q4 2022, lifting the annual total to the 2nd highest level on record. You have this very human thing with sellers being ready to sell and buyers being ready to buy, with capital sitting on the sidelines for a long time, Sulentic said. 27% of the space currently underway is preleased. Asset management fees, up 2% (12% local currency), were the primary growth catalyst. General and flex spaces saw tempered tenant demand in the fourth quarter of 2022, although still in positive absorption territory with demand growth of 42,000 square feet. Avison Young is your trusted source for commercial real estate office market insights in Atlanta. The Atlanta office market continues to remain strong, ending with over 194,742 sf of positive absorption in the fourth quarter of 2022.
cbre atlanta industrial market report