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January 7, 2020

6 Highly Anticipated Atlanta Office Projects Delivering In 2020

Think your new roof bond is good for 20 years? Think again | Hear more about this stunning court decision at Atlanta Construction and Development: Welcome to 2020 event Jan. 9

From healthcare technology to insurance to coworking, high-profile tenants are set to take their seats inside sparkling new offices around Metro Atlanta this year in brand-new developments.

6 Highly Anticipated Atlanta Office Projects Delivering In 2020

The projects set to deliver in 2020 are part of the 9.7M SF of new office that was developed or launched since the start of the last decade, but demand is still in developers' favor. Between 2010 and 2019, Atlanta companies absorbed more than 11M SF, according to Newmark Knight…

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Developers Wanted: ATL Airport Seeks Mixed-Use Proposals For 200 Acres

Developers Wanted: ATL Airport Seeks Mixed-Use Proposals For 200 Acres

Atlanta is home to the busiest airport in the world, and it is accepting bids to build on 200 acres of prime land nearby.Hartsfield-Jackson Atlanta International Airport, owned by the city of Atlanta and operated by its Department of Aviation, is seeking private developers and investors to transform four tracts of land around…

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Retiring Baby Boomers Could Reshape Real Estate

As the heart of the baby boomer generation begins to hit retirement age, what boomers will do instead of work has the potential to transform multiple sectors of the real estate industry.

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  Retiring Baby Boomers Could Reshape Real Estate
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As Garage Usage Dwindles, Operators Are Starting To Charge More To Park Luxury Vehicles

As Garage Usage Dwindles, Operators Are Starting To Charge More To Park Luxury Vehicles  

When Lisa Nickerson, the owner of a Boston-based marketing firm, traded in her Audi for a Tesla last year, a representative with Icon Parking Systems — which owns the garage where Nickerson had a monthly parking membership for more than five years — reached out with bad news for her wallet. 

The garage operator told Nickerson her monthly rate was going up by $200 each month. She initially figured it was because the garage was going to charge the electric car while it was parked, but Nickerson said she found out the hike from $325 per month to $525 — according to documents Bisnow verified — was simply because she was now driving "an exotic car."

Higher monthly parking rates are common in New York City, where land prices and construction costs are higher than anywhere else in the country. But the practice is beginning to spread to Boston, portending future proliferation in other high-cost cities.

“When I drove in with the Tesla, they told me there’s an upcharge because they have to be more careful with exotic cars,” Nickerson said. “Were they not being careful with my Audi? And are they not just as careful with a Ford?” Manhattan Parking Group, the owner of more…

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Beyond The Bio: 16 Questions With Breather Chief Real Estate Officer Dan Suozzi

Beyond The Bio: 16 Questions With Breather Chief Real Estate Officer Dan Suozzi  

This series profiles men and women in commercial real estate who have profoundly transformed our neighborhoods and reshaped our cities, businesses and lifestyles.

In his new position as chief real estate officer, Dan Suozzi leads real estate for a company that has been catapulted into quite the transition by its customers.

Though flexible-office company Breather began in 2012 by renting out conference space by the hour or day, customers kept wanting the option to stay longer. In response, Breather started 2019 by offering monthly leases, and by year's end it had seen over 50% of its growth from the new product. Now, Breather and Suozzi, the company's most recent big hire, aren't looking back.

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