The Atlanta real estate market has been on the rise in the last few years as evidenced by the newest announcement by French Automaker Group PSA choosing its North American headquarters joining with Mercedes–Benz USA and Porsche North America which have North American headquarters in Atlanta. NCR recently opened its global headquarters in Mid-town Atlanta. The market continues to be a hot. Commercial warehousing and ecommerce centers have also become a commodity with Amazon, Walmart and ASOS quietly acquiring sites to expand. UPS is in the process of developing a 400 Million Dollar logistics center. In addition, Facebook has announced a 400 acre data center to be established east of Atlanta.
Atlanta is known for its airport which is a major draw for larger companies. In addition, the location is central to actual shipping and logistics with the deepening and expansion of the Savannah River Port. What is more attractive is a lower cost of living, mild weather, a highly educate talent pool from major Universities and a multi-cultural City. These developments have caused future planning that includes numerous products that also involve a 6 Billion Dollar expansion to Hartsfield Jackson International Airport, redevelopment of Peachtree Center and a Hard Rock Hotel by Atlanta’s new Mercedes-Benz stadium.
Atlanta is not just an attraction to larger companies but smaller businesses as well since it offers medium housing prices and multi locations to set up businesses where new “Live, Work and Play” communities have blossomed. One such model is the finalization of construction in Alpharetta, Georgia on the North side of Atlanta called Avalon with a state of the art multi-use facility including retail, office, residential and hospitality. Many other smaller scale facilities are being constructed throughout the area at various locations including refurbishing properties within the City. Recreation opportunities are immense which makes location to Atlanta an attractive move.
Numerous investment opportunities exist for the savvy real estate investor as most companies prefer lease backs on their properties with long term attractive leases. There is also ample opportunity to locate Regional, North American or even Global Headquarters for any size company in the current market.
Our Atlanta office is led by Stephen Fuller and Donnie Sloan who have a combined 70 years’ experience in representing major developers and end users of property in a turnkey process that includes acquisition, land use and planning, zoning, development and final construction as well as lease-back. We work with many commercial realtors in the state when assembling a team for a project. Our combined experience reaches into all areas of the state and various locations throughout the country. We have handled transactions from our Atlanta office which have included several billion dollars in the transactional phases. For anyone needing a point of contact to make inquiries, we are available.