The Future of Office – “What’s the Vibe?”
While touring with a client recently, many times the “vibe check” question came up in conversation. From the east side to downtown, the question remained, “What type of vibe are you looking for?” You may wonder what a vibe check is. In this instance, vibe check references the kind of energy occupiers want their employees […]
US GDP Growth Rate – 2022 Data and 2023
The US economy grew an annualized 2.6% on quarter in Q3 2022, beating forecasts of a 2.4% rise and rebounding from a contraction in the first half of the year. With a dip in GDP growth in Q2 and a huge jump in Q3 partnered with aggressive policy tightening, is it feasible to avoid a […]
Atlanta 2022 Construction Outlook
According to the Wall Street Journal demand for industrial commercial property is cooling. The Atlanta market industrial construction study by Cushman & Wakefield shows rapid leasing (and pre-leasing) activity and indicates a total market drop in industrial vacancy from 7.1% to 3.2% despite delivery delays and supply chain constraints. https://buff.ly/3haE0nu
Employers and Employees Agree on Post-Pandemic Return to Office
Office is not dead…it’s just different. A new report shows that 72% of respondents say they would renew their lease if it were up today, up from 38% in 2021. Even if you are not a collaborative worker, feeling the energy and perspectives of others is vital to production and performance. The workforce is reimagining […]
Healey Building Sublease – Downtown ATL
I am pleased to present a 2,665 sf sublease opportunity right in the heart of Downtown in the historic and beautiful Healey Building. With nearby parking available and excellent walkability to the Atlanta sports district, Centennial Park, Broad Street dining options and more, this sublease is perfect for you. The suite offers 2 offices, 2 […]
Fed Approves 0.75-point Hike to Take Rates to Highest Since 2008
What an interesting time we are in. The unanticipated and unprecedented pandemic has created quite the slippery slope starting with the “Great Resignation” which slid into the “War for Talent.” With two job opportunities available for every candidate, healthy salaries are abundant which leads to increased spending and a hot economy. The Fed has approved […]
Top Challenges and Priorities CFOs Face in 2022
A new survey of the top challenges CFOs face suggests that almost half of the respondents believe the “recession” will only last 2 years. While CFOs are concerned with developing strategies to mitigate rising costs, talent acquisition and retention, cash flow, supply chain issues, and technology upgrades, the dominant takeaway is CFOs are overall optimistic […]
The CFO Conundrum – Can Companies Afford their Workforce?
“The Great Resignation” and “The War for Talent” have elevated the unemployment rate in the U.S. to 3.5%. CFOs are being challenged by expensive talent and their demands for flexibility. The need for talent is great, but how are companies planning to sustain this new normal? What are your thoughts? https://www.cfo.com/strategy/2022/08/labor-shortage-finance-skills-demand-annual-survey/
CRE Magic Minute – Episode #2
We are still feeling the impact of the recession although it began in March of 2020, triggered by COVID-19. After economic activity had collapsed at a record pace in Q2, it rebounded almost as sharply in Q3. By the fourth quarter, the pace of recovery had slowed some and performance was still not at pre-recession […]
CRE Magic Minute – Episode #1
The commercial real estate market continues to recover, but sales, leasing, and construction activity remain below year-ago levels. The recovery also remains uneven. There is stronger investor interest for land, multifamily, and industrial properties than for hotels, retail, and office properties. On a year-over-year basis, sales declined by 1% in the fourth quarter of 2020 […]