CoStar Group periodically has webinars called State of the Markets where analysts discuss what is going on in certain submarkets of the commercial real estate industry. I attended one this past week on the Atlanta retail industry. Below are some of the main points brought up by the analysts, David Kahn and Trenton Turner. The […]
Dekalb County retail vacancies have been increasing for most of the past 20 years. The only exception is between 2011-2017 where we see a decrease of about 8%. Because the vacancies have been steadily increasing since the trough in 2017, we cannot say for certain that COVID-19 has resulted in the 2020 increase. The increases […]
The vacancy rate and total vacant office square feet in Dekalb County have been steadily increasing for the majority of the century. There was a decrease of about 12% over a 5 year period between 2010 and 2015, but other than that the vacancy rate has increased. Though the rate has increased since the end […]
I posted about this in the beginning of June, but I felt this data needed its own post, especially since the original post was lumped together with commercial real estate and was written so long ago. The following graphs were created using data from the Georgia Realtors Monthly Indicators Reports. The graph above shows the […]
Office Vacancies in Cobb County have been increasing for most of the past 20 years. The times when rates were not increasing were more in line with stagnation than a decrease. The decrease that did occur between 2011-2016 was relatively small, at about a 6% change over a 5 year period. The office vacancies in […]
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 […]
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 […]
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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