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Old Posted Oct 5, 2014, 3:35 AM
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gttx gttx is offline
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Join Date: Nov 2005
Location: New York, New York
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Quote:
Originally Posted by Pemgin View Post
Atlanta's largest office towers are showing very strong occupancy numbers lately, most ranging from 80-90+ percent occupied. Bank of America is only 50% occupied, though. Even though Atlanta is breaking ground on new office projects, I doubt the city will get another supertall when it's only one is half full. But, like atlantaguy said, Atlanta is getting a lot of great infill projects that are changing the city nicely.
It's not really a fair comparison. BoA is not in a highly desirable part of town - while Midtown and Buckhead are basically on fire, the stretch of properties between Midtown proper and downtown aren't really moving at all, with the exception of one new building (The Reynolds) in the last boom. If I was looking at office space in the city, this would not be my first (or second or third) choice.
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