Atlanta Office Leasing Picks Up Speed, But Sublease Availability Is Growing Faster
Marketed sublease space hit 7.7M SF in Metro Atlanta last quarter.
Marketed sublease space hit 7.7M SF in Metro Atlanta last quarter.
A partnership led by Terra Group agreed to purchase the former Miami Herald headquarters site from Malaysian casino giant Genting.
The 46-story building looks to have sold at a huge loss.
Leasing slowdown comes as developers are still building more than 30M SF of industrial space in Atlanta.
Planning departments applying climate policy in different ways is causing fewer houses to be built.
DFW has a reputation for outperforming the nation during periods of economic distress. But the office sector's existential crisis is challenging that belief.
Some marijuana wholesalers have decided to pack up and leave Denver’s industrial market behind in search of better opportunities elsewhere.
Private sellers who needed to refinance or relinquish assets made up the majority of sales, with other owners sitting tight in hopes of better pricing in 2024.
While both leasing activity and deal volume have declined since 2021, Denver’s triple-net rent rate has steadily increased.
Green leases offer flexibility that can help share costs for sustainable building upgrades.
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