Author: cre101_93oscz

Blackstone is selling the building during a slowing period for office transactions in Atlanta.

When the new training facility was proposed, former Atlanta Mayor Keisha Lance Bottoms said the police department was overdue for newer buildings, and called the current facilities a “buzzkill.”

McKinsey is adding another slate of sublease space to a market already overrun with it.

Local officials are working with the developers to grow City Springs with more residential units, shops, restaurants and other uses.

The zoning update comes on the heels of a controversial plan from the Atlanta Botanical Garden to build a new Public Storage facility on Monroe Drive, close to an entrance for the Eastside Trail.

The move is a signal of enduring interest in the office sector, even as some real estate investment firms begin to peel back their exposure as demand remains uncertain.

The Alpharetta-based development firm will soon start building its own homes, an effort to streamline operations as it breaks ground on about 1,000 lots this year.

New research indicates that the Covid-19 pandemic and the rush of remote work that followed has erased more than $500 billion in commercial real estate value nationwide.

America’s build-to-rent business, which boomed during the Covid-19 pandemic, continues to have momentum, although demand and production of new units have tapered off since peaks of recent years.

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