The retail vacancies in Gwinnett County have been increasing for most of the century, with an exception of 2013-2017. If you look at the chart, it’s easy to see a strange sharp increase of 10% in early 2001. The vacancy rate then stays around 17-18% for 2001 and 2002, but then has another sharp decrease […]
The Cobb County retail vacancies have been on the rise since the beginning of the century with the only main decrease being between the years of 2012-2017. As with the other counties surrounding Atlanta, it does not appear that the pandemic has had a massive impact on this metric just yet. Vacancies were already starting […]
Below are graphs depicting the vacant square feet and vacancy rates for Gwinnett County office space since 2000. As with most metrics that I’ve studied relating to commercial real estate in and around Atlanta, these vacancies have been steadily increasing since the beginning of the century. They are actually at an all time high right […]
Let’s look at the office vacancies in Fulton County. The vacant square footage, and therefore the vacancy rates, for Fulton County office space are more stable than those of retail space. Office space has had less of an increase in vacancies than retail has since 2000. It will be interesting to see how these numbers […]
Hotel Industry: 6/28-7/04 Hotel Weekly Update Nationally, hotel occupancy was down 30.2% compared to 2019 this week. Atlanta was 4th out of the 25 biggest lodging markets in the US for the least occupancy rate declines (-22.9%), up from last weeks rankings of 5th out of 25. Instead of going to large cities, many tourists […]
Below are two graphs showing the vacancy rates and vacant square feet for retail spaces in Fulton County. Fulton County encompasses a wide area, including downtown Atlanta. I have included a graph with vacant square feet as well as vacancy rates because I think it gives a more holistic view of what is really happening […]
Hotel Industry Overview: 6/21-6/27 Hotel Weekly Update Nationally, hotel occupancy was down 38.7% compared to 2019 this week. Atlanta was 5th out of the 25 biggest lodging markets in the US for the least occupancy rate declines (-35.3%). Small Metro/Town (50.64%), Interstate (50.63%), and Resort (47.9%) hotels continue to be the best performing hotels in […]
Recap of last week’s numbers In the July 10th edition of the Paycheck Protection Program report, the Small Business Administration released updated loan approval data. Cumulative loans increased by 1,514 up to a total of 158,328. Meanwhile, the cumulative dollar amount of loans decreased by $170,766,592, down to a total of $14,332,157,048. While the month […]
Restaurant Reservations Restaurants have continued to stagnate, averaging approximately 59% for the last three weeks. While I initially postulated in last week’s article that restaurant reservations could be on the rise again, it appears that they haven’t increased at all. Reservation numbers do, however, operate on a cycle throughout a typical week, with a gradual […]
TSA Checkpoint TSA checkpoint numbers have remained stagnant over the past two weeks. Historically, every week has increased the 4-month high by ~100k, however since July 2nd, daily traffic has not exceeded 760k. The plateauing of checkpoint numbers coincides with the rising number of new cases of COVID-19 in the United States. Though the TSA […]
Photo of an undetermined Georgia Tech home game during the 1918 college football season. That's when the sport was hit by the Spanish flu and the end of World War I.
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