In a new report M/PF pegs that area's March 2002 occupancy rateat 94.4%, Atlanta's tightest and 3.3 points above the metro-Atlantanorm.
The area gained eight new apartment communities totaling 1,460units during this year's first quarter, giving it the third highestnumber of completions in the Atlanta area for the quarter, justbehind the perennial leaders, West and East Gwinnett County, whichadded 1,700 and 1,800, respectively.
Occupancy in communities built during the 1990s or later in theSouth Atlanta submarket reached 95.9%, more than two points higherthan the occupancy recorded in newer product, M/PF reports.
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