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July 13, 2022

Atlanta Office Sublease Supply Hits Record High

Armada Hoffler VP Of Development Jennifer Harris Discusses Southern Post: A Defining Roswell Project Aug. 30

There is a 6.2M SF shadow looming over Metro Atlanta's office market, feeding into an air of uncertainty even as leasing activity rises 2M SF more than in the first half of 2021.

Atlanta Office Sublease Supply Hits Record High

Atlanta office tenants are offering 6.2M SF for sublease — leased office space that companies are not using and are actively attempting to offer to other companies, known colloquially in the industry as shadow space — up more than 22% from the second quarter of 2021, according to data from…

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Developer Doing Affordable Apartments In 'Atlanta's Funkiest Entertainment District'

Developer Doing Affordable Apartments In 'Atlanta's Funkiest Entertainment District'

The driving force behind East Atlanta's The Marbut apartment redevelopment is working on a second in the same neighborhood.Pellerin Real Estate applied Tuesday with the city of Atlanta to build a four-story apartment project with ground-floor retail space at 456 Flat Shoals Road, an empty lot…

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Piece By Piece, Modular Construction Inching Closer To Mainstream

Last year, modular construction startup Assembly OSM completed its first one-bedroom apartment development using a digital manufacturing method it calls "post-modular" construction. 

This week, the 3-year-old company announced a $38M funding round that will grow its business, making modular construction parts that it compares to Ikea furniture components.

"What we're doing is we're looking at the best pieces of advanced manufacturing, the way that Boeing builds airplanes or Toyota builds cars," Assembly OSM CEO Andrew Staniforth said.

The modular construction industry has thrived for decades overseas and is often touted as a way to cut time, cost and waste from projects, three factors that have increased significantly in importance in the last few years, but it is not without its challenges or its downsides.

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