ATLANTA—Atlanta has officially crossed the line from hard-hit to hard-hitting. In other words, the southern city that struggled to rebound after the Great Recession is now hitting on all cylinders.

Vacancy is declining across all commercial real estate sectors. Rent growth is holding its own. Atlanta is officially one of the hottest markets in the nation. Multifamily, office, hotel, and industrial developers are rushing into the market, even building on spec in some areas of the metro.

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