This Is It?

Pssst! Have we told you about our Atlanta 2014 Forecast next week? We have? (Have you gotten your quickly dwindling tickets here?) Okay. Well, then we have another of our panelists, North American Properties' Mark Toro, to give us a forecast of his forecast: “We will see a continued thawing in virtually every sector,” Mark says. And the good news even spreads to multifamily where--with actual job growth in 2014--“we haven't seen the end of the rainbow.” Still, Mark is cautious of apartments beyond 2014.

Even with new retail development--namely Mark's own Avalon project in Alpharetta--it will be spotty at best in metro Atlanta this year. “As it relates to retail, we're all going to have to pick our spots.” Mark was quoted as saying “this may be it” at an April Bisnow event when reflecting on the economic recovery. Does he still hold to that view? Mark concedes the macroeconomic environment seems to be heading in the right direction. “Well, we're as busy as we've ever been. What happens next is anybody's guess.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Atlanta Newsletters
Related Stories

Philly's Busy Summer Created Momentum. Can The City Turn It Into Long-Term Growth?

1375 Peachtree: A Bespoke Design Redefining The Midtown Atlanta Workspace

Furniture Outlet The Dump Is Getting Dumped In Atlanta

Downtown Atlanta Improvement Group Picks Food Bank Chief As Next Leader

Trump's DEI Crackdown Is Creating New Risks For Landlords That Lease To The Government

Brandon Johnson Seeks Second Term Amid Strained CRE Relationship

Thor Equities Plans $1B Data Center In North Georgia: The Atlanta Deal Sheet

Former CBRE Exec Suing Brokerage Giant Over Age Discrimination, Whistleblower Complaint

D.C. Investor Behind The Stacks Swaps CEO For First Time In 25 Years

Solar Projects In Georgia Meet Local Backlash As Data Centers Drive Demand For Power

CBRE IM Buys Net Lease REIT For $1.6B, Plans More Investment

The Difference Between Service And Hospitality That Makes A Flexible Workspace A Success