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March 15, 2023

Atlanta Winning Data Center Business Fleeing Power Problems In Northern Virginia

Join Representatives From Metro Atlanta Chamber And HKS Who Talk All Things Atlanta Life Sciences On March 28
Atlanta's available data center capacity was cut in half last year, shrinking to a new record low as digital infrastructure providers descended on the region because of its cheap, available power — an issue that has bedeviled Northern Virginia, long the dominant hub for data centers.

Atlanta Winning Data Center Business Fleeing Power Problems In Northern Virginia

The vacancy rate for Metro Atlanta data centers fell from 8.3% at the end of 2021 to 3.6% at the end of last year, according to a recent CBRE report.It was the third-largest vacancy drop among major markets, behind Dallas and Chicago, which each still have vacancy over 6%. Atlanta was the…

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Town Center At Cobb Has A New Owner Post-Foreclosure

Town Center At Cobb Has A New Owner Post-Foreclosure

A national investor in distressed malls that has upset some municipalities by failing to pay its bills has purchased the ailing Town Center at Cobb.Kohan Retail Investment Group paid $71M in January for the main retail core of the 1.3M SF regional mall off Ernest W. Barrett Parkway in Kennesaw that fell…

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What Is Pushing CRE Toward Creating More Sustainable Built Environments? Two Industry Experts Weigh In

PRESENTED BY:   RPS, A Tetra Tech Company
 
What Is Pushing CRE Toward Creating More Sustainable Built Environments? Two Industry Experts Weigh In

With the built world causing 40% of total global carbon emissions, its impact on the environment has become something that commercial real estate owners, developers, investors and stakeholders are paying closer attention to for the sake of their workers, tenants and operational longevity.As more CRE professionals implement sustainability measures into their…

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In Case You Missed It...

This Week's Atlanta Deal Sheet This Week's Atlanta Deal Sheet
Apollo Moves To Foreclose On Huge Downtown Atlanta Hotel After Default Apollo Moves To Foreclose On Huge Downtown Atlanta Hotel After Default
Kemp's New Rural Workforce Fund Doesn't Address The Heart Of Georgia's Housing Crisis Kemp's New Rural Workforce Fund Doesn't Address The Heart Of Georgia's Housing Crisis
American Express To Open 40K SF Office At Midtown Union American Express To Open 40K SF Office At Midtown Union
 
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Amid U.S. Banking Crisis, CRE Has Interest Rate Hikes Top Of Mind

Amid U.S. Banking Crisis, CRE Has Interest Rate Hikes Top Of Mind   The dust hasn't yet settled from the implosions of Silicon Valley Bank and Signature Bank, but that hasn't obscured the next big question for real estate borrowers and lenders: What is the Federal Reserve Board going to do with its target interest rate going forward?For a moment, the turmoil seemed to take an interest rate hike off the table. On Monday, Goldman Sachs said it didn't expect any increase in the federal funds rate at the next meeting of the Federal Open Market Committee on March 21 and 22. But no other major Wall…

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