How Will Rising Rates Impact Tenants?
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“The broader class A Atlanta market average rate increase since 2010 is closer to 10%.”
ATLANTA—In the last five years, Atlanta has added more than 157,000 new residents and well over 200,000 new jobs, thanks to a combination of organic growth and company relocations. That’s according to CBRE’s latest research.
“Commercial real estate has benefited—office buildings have less vacant space, rents are rising and investors see opportunity in Atlanta,” Dan Wagner, CBRE southeast research manager, tells GlobeSt.com. “The growth feels real—and is quantifiable.”
Wagner points to occupancies and pricing across most product types rising. Even single-family home prices, which languished post-recession, are up 11% in Atlanta over the last year alone…
