Bruce Ford, Southeastern regional president, Transwestern
ATLANTA, GA—Since the close of 2017, Atlanta's economy and commercial real estate market has outperformed the nation. In the second quarter of 2018, large amounts of construction have hit the pipeline with 1.7 million-square-feet of office space and 14.4 million square feet of industrial space expected to be delivered by 2019. Rental rates have also continued to rise in nearly every submarket due to strong demand caused by this limited supply. But what indicators are causing Atlanta's surge in demand and what can we expect for the rest of 2018 and into 2019?
Transwestern's Southeast president, Bruce Ford, says five key indicators can predict what Atlanta's metro can expect for the second half of the year. His decades of experience provide first-hand insight on each sector impacted by this rapid growth.
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Steve Lubetkin
Steve Lubetkin is the New Jersey and Philadelphia editor for GlobeSt.com. He is currently filling in covering Chicago and Midwest markets until a new permanent editor is named. He previously filled in covering Atlanta. Steve’s journalism background includes print and broadcast reporting for NJ news organizations. His audio and video work for GlobeSt.com has been honored by the Garden State Journalists Association, and he has also been recognized for video by the New Jersey Chapter of the Society of Professional Journalists. He has produced audio podcasts on CRE topics for the NAR Commercial Division and the CCIM Institute. Steve has also served (from August 2017 to March 2018) as national broadcast news correspondent for CEOReport.com, a news website focused on practical advice for senior executives in small- and medium-sized companies. Steve also reports on-camera and covers conferences for NJSpotlight.com, a public policy news coverage website focused on New Jersey government and industry; and for clients of StateBroadcastNews.com, a division of The Lubetkin Media Companies LLC. Steve has been the computer columnist for the Jewish Community Voice of Southern New Jersey, since 1996. Steve is co-author, with Toronto-based podcasting pioneer Donna Papacosta, of the book, The Business of Podcasting: How to Take Your Podcasting Passion from the Personal to the Professional. You can email Steve at [email protected].
