Atlanta Office Space

Termination options for tenants
Many tenants want early termination rights, to end their lease (or shrink their space) prior to the end of their natural lease term. There is always some cost associated with this; some payment is due from tenant to landlord, if the earlier termination...

New commercial real estate reports say office rental rates are at 2004 levels, after ticking up in the first quarter. That shows some stabilization, said Scott Amoson, director of research for Colliers, as the rate had been steadily declining.
But he and other experts believe landlords still have years to wait for major improvements in rates -- and demand to drive them -- because job growth remains lackluster in the region....

The Atlanta Office market ended the third quarter 2010 with a vacancy rate of 21.5%. The vacancy rate was up over the previous quarter, with net negative absorption over 200,000 SF.
Though economists have indicated that the recession is over, the Atlanta market is expected to lag behind the rest of the U.S. in recovery. At 10.3%, unemployment in Georgia is higher than the national unemployment rate of 9.6%. Unemployment is expected...

Historically, occupancy costs have always had a big effect on a company’s bottom line. Depending on how a company is structured, they are usually the second or third highest cost of operating a company, along with the workforce/personnel and IT. With...