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Transwestern says Atlanta's medical office market last year absorbed 639,378 square feet and is on track to match or exceed that level in 2018, with absorption of 390,458 square feet already reported in the first half of the year.
Neighborhood centers anchors are traditional daily-needs retailers such as grocery, drug and dollar stores, as well as service tenants that are more Internet-resistant, GlobeSt.com learns in this <b>EXCLUSIVE</b>.
Inventory continues to rise significantly this year with more than 550,000 square feet of construction delivered in the second quarter, to be followed by another half a million square feet for the balance of 2018.
The former chemical manufacturing facility will be redeveloped into a residential rental building with a number of attractive amenities, parking and retail stores.
Splunk Inc. signed a long-term lease for 301,000 square feet of office area in Federal Realty Investment Trust's 700 Santana Row, a 319,000-square-foot class-A mixed-use office and retail building in San Jose.
The low cost of living, and ability to attract and retain the Millennial workforce, and diverse industry types are a major driver for Texas Millennials in finding opportunities that best suit their skillsets.