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Thursday, July 29, 2010

At the Bottom for Atlanta Office Space?

The Office Market in Atlanta has been down nearing three years now and is there any end in sight? We are at a high with office vacancies since 2004 and buildings just delivered to the market. In my opinion, we'll be at the bottom until jobs start to come back. When we have a few consecutive quarters of job growth, that will be the time that we'll start seeing positive absorbtion.

A good article written by Jim Jordan with Sutherland, Asbill & Brennan LLP, in the Atlanta Business Chronicles addresses the situation and provides some good insight on "When will Atlanta's Office Market Hit Bottom?"

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