ATLANTA—Strong job growth, industry expansion and conservativedevelopment levels are paving the way for continued positive growthamong Atlanta's office,industrial, retail, andmultifamily sectors. So says CBREResearch's 2016 Southeast US Real Estate Market Outlook.

"This current trajectory suggests in-migration and workforceexpansion will provide a foundation for further economic growth,and ultimately, broad demand for commercial real estate,"Dan Wagner, a regional research manager at CBRE,tells GlobeSt.com. "Office users, for example,benefit from a larger pool of educated workers for recruiting toptalent, population increases encourage household formation,underpinning the demand for housing, increased consumption of goodsrequires adequate industrial product for storage and distribution,and an expanding base of residents and consumers bodes well forretail product."

Zeroing in on the class A office market,Atlanta is posting consistent gains in occupancy. As vacancydeclines and new development remains thin, it's now a landlord'smarket. With class A office space accounting fortwo-thirds of office inventory, tenants are payinghigher rents today than a year ago. Given the lack of newdevelopment and continued demand, rents are poised to rise furtherthis year.

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