WHEN "COULD BE WORSE" IS GREAT NEWS

Office building rents have dropped and are bouncing along the bottom, according to the latest data from Reis concerning the North Fulton and Sandy Springs office market. At the same time,concessions are easing slightly. Ackerman & Co's Frank Farrell has also seen that trend. ?The market has certainly stopped getting worse.? He says some big users out looking for space, which may have helped to reduce concessions. ?But again, we're talking about degrees here,? he says, adding the market has not shown dramatic improvements.
 

Continue reading this story with a free account

Log in or register
Related Topics: Frank Farrell , North Fulton
Sign up for more articles like this
Subscribe to Bisnow's Atlanta Newsletters
Related Stories

The Geo Group To Reopen 2,329-Bed Immigration Facility In Texas

What's At Stake For CRE In Tuesday's U.S. Midterm

Dan Wagner To Head Lee & Associates In Atlanta: The Atlanta Deal Sheet

From Pandemic Darling To Cautionary Tale: Pickleball Clubs Face A Reckoning After Betting Big On Retail Space

Gwinnett Mall Project Stands To Benefit From Georgia's Opportunity Zone Picks

Georgia's Utility Board Race Could Reshape Nearly 20 GW Pipeline Of Data Centers

Foundry Robotics Leaves San Francisco For New East Bay HQ

Tenant Rep Firm Expands To Philly, Hires Industry Veteran

Data Centers Lose The Top Spot, San Francisco Jumps 40 Places: 9 Takeaways From ULI's 2027 Outlook

Cushman & Wakefield, NYC Added To Suit Alleging $250K Agency Lease Shakedown

Auto Retailer Completes Hennessy Acquisition: The Atlanta Deal Sheet

Denver Public Schools' $11M Centennial Hall Purchase Marks Rare Land Sale For ULC