Joel & Granot Real Estate

05/11/2023

"A recent analysis by CoStar Group Inc. found, as more companies scale back office footprints and attendance requirements, travel to those markets has been impacted, too."

To Read More:

Among major U.S. cities, all but a handful followed the same correlation of slumping office leasing activity and weaker occupancy rates in the upper-upscale tier of the hotel market.

04/27/2023

Atlanta Office leasing picking up speed, but Sublease availability is growing faster.

7.7M SF of Office space was available in Atlanta's Sublease market at the end of the first quarter. 34% higher than last year and a new all-time high for the region according to Avison Young's quarterly report.

To Read More:
https://www.bisnow.com/atlanta/news/office/atlanta-office-activity-grows-as-supply-hits-record-levels-118652

04/26/2023

"Forsyth County officials will move forward on a $2 billion proposal for an entertainment complex off McFarland Parkway despite unanswered questions about whether the project will need public financing."

This new South Forsyth project could potentially lead to an NHL team making its way back to Georgia!

To Read More: https://www.bizjournals.com/atlanta/news/2023/04/26/the-gathering-presentation-forsyth-county.html

04/25/2023

Portman Holdings' Midtown apartments are making significant progress!

"The 370-unit, 30-story Sora at Spring Quarter apartment tower will reach its full height this week."

"The project is nearing completion as apartment rents begin to soften in Atlanta. After several quarters of skyrocketing growth, rents declined by 2.3% between March 2022 and 2023, according to a report from Redfin Corp."

To Read More: https://www.bizjournals.com/atlanta/news/2023/04/24/portman-sora-spring-quarter-tops-out.html

04/24/2023

"Deloitte Slashing Atlanta Downtown Office Space by over 50% in a move to Midtown."

Deloitte will move its main office from 191 Peachtree Tower to the 775K SF, Promenade Tower.

To Read More: https://www.bisnow.com/atlanta/news/office/deloitte-vacating-191-peachtree-in-move-to-midtown-118450

04/20/2023

Pickleball continues to gain momentum in Atlanta!

”Different levels can play together and still have fun and still enjoy it. I can play with someone who is a beginner and both of us will get something out of it and have a great time together,” said professional pickleball player, Dan Granot.

To Read More: https://www.atlantanewsfirst.com/2023/04/18/pickleball-continues-gain-popularity-atlanta/

04/17/2023

Industrial Market seeing a rise in sublease space here in the U.S.

"Sublease inventory in the national industrial market grew more than 50% in the first quarter of 2023 from Q1 2022."

To Read More:
https://www.bizjournals.com/atlanta/news/2023/04/17/us-industrial-market-seeing-rise-in-sublease-space.html

04/12/2023

JP Morgan Chase to expand Atlanta footprint!

The bank will add 40,000 square feet at its offices in the Buckhead neighborhood while also adding 500 employees by 2025.

To Read More: https://www.commercialsearch.com/news/jpmorgan-chase-to-add-office-space-employees-in-atlanta/

03/29/2023

🚨New plans at the Piedmont Center🚨

"The Ardent Cos. plans to replace ground-level offices at Piedmont Center with an entertainment district. It will add food and beverage options to Buckhead's largest office park."

To Read More: https://www.bizjournals.com/atlanta/news/2023/03/13/ardent-buckhead-piedmont-center-retail-vision.html

03/28/2023

Atlanta ranks in the top 10 U.S. markets for office deliveries!

"Despite economic headwinds such as high inflation and rising interest rates, Atlanta’s office market has held steady during 2022."- CommercialEdge Data

To Read More: https://www.commercialsearch.com/news/steady-progress-for-atlantas-office-market/

03/27/2023

Ponce City Market's 'next phase' has officially taken off with construction now vertical🔊

Jamestown Properties has revealed specifics for a four-story building with 85,000 SF of office space and 25,000 SF of retail space.

To Read More:
https://www.commercialsearch.com/news/construction-goes-vertical-at-jamestowns-mass-timber-office-project-in-atlanta/

03/23/2023

Congrats CHEMISTRY. The first Atlanta ad agency to ever be named as a top 10 agency by AD AGE’S A-LIST!!🎉

JGRE’s client Chemistry, an Independent, full-service advertising agency, announced that it has been recognized on Ad Age's 2023 A-List. Placing number six on the list with the best agencies in the country. Clients include Five Guys, IHG, Children’s Healthcare of Atlanta, Netflix, Message Envy, H&R Block, NFL, as well as Atlanta Untied and the Falcons.

To Read More: https://adage.com/Reprint-AA23042Chemistry