Perimeter CRE Market Report

Perimeter Market Report from the Atlanta Business Chronicle is out. Outlook is showing the Central Perimeter Market to be primed for growth. The area, known for it’s heavy medical presence, is gearing up to make a push towards bringing more businesses in the technology sector to the area. Being located along the GA400 corridor and I-285 intersection, Perimeter creates easy capabilities of getting around Atlanta efficiently. The problem: major traffic congestion (as almost every Atlantan knows) around this intersection. This problem has caused the business and government leaders in the area to really focus on the improvement of transportion in the area. As stated by Yvonne Williams, “Good business requires good transportation solutions.”

On the positive note, there is potential for multiple new building high rise projects around the area. As seen in other markets such as Buckhead, these potential projects are doubtful to be “spec office buildings” and instead may very well be multi-family and mixed used developments. All in all, Central Perimeter is still a good area to see growth, but if the transportation issues are not addressed, it may cause trouble for the Perimeter Market.

To learn more about the market and whether or not it works for your business, contact us today.

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