Demand for Atlanta Commercial Real Estate Could Increase in 2014
2013 saw a renaissance of sorts for Atlanta commercial real estate, with higher demand and more spaces available for a wide variety of tenants.
Now that we are almost a quarter into 2014, we can safely say that this year could be just as good – or even better.
If you are looking for Atlanta commercial real estate, you may soon face stiffening competition. More demand is anticipated, and lenders are starting to prepare. Nationwide, lenders anticipate lending “record amounts” of capital for commercial real estate ventures, a testament to rising demand brought about by brighter prospects for the economy as a whole.
What factors make Atlanta space so desirable? In short, Atlanta is clearly a city committed to improving. The city has announced multiple big-dollar initiatives and projects designed to impact anything from public transportation to sports arenas, attractions, infrastructure, and more.
With a booming Midtown and an up-and-coming Downtown district, Atlanta also has several high-visibility areas that are well suited to a variety of companies looking for affordable yet visible space. The new Atlanta Falcons stadium and new stadium for the Atlanta Braves are two incredible opportunities for businesses looking for office space in the thick of things, and more are coming.
Plus, we’ve written previously on how consumer confidence is growing each month. More investors are starting to flock to Atlanta because of its growing status as a key world city.
If you’re looking for Atlanta commercial real estate, 2014 could be the best year to obtain the office space you need. Browse through our website, or contact us for more information on leasing office space and getting started with the next phase of your company’s plan.