New economic realities and treatment advances are shifting the medical landscape. Having a healthcare-specific real estate strategy is critical to finding the best space in that landscape.
Atlanta’s Oldest Submarket Rebrands Itself With 3 Exciting Projects
In normal times, the role of a project manager is an important one. During a pandemic, it is even more vital to a project’s success.
Cresa was honored to be part of the project team for the new headquarters space for the National Council of Architectural Registration Boards (NCARB). The Mid-Atlantic Chapter of the International Interior Design Association (IIDA) recently recognized OTJ Architects’ design of the headquarters at its 25th Annual Premiere awards gala (held virtually).
Cresa Managing Principal Mindy Saffer joined Humentum on June 30th to discuss considerations around returning to the office and remote work strategies.
Stephanie has nearly 10 years of experience in the real estate industry. She is responsible for revenue generation, account P&L management, profitability and overall financial performance for nearly 100 client accounts and oversight of a team of 40 people.
Suburban office vacancy has dropped to 17.96% for the second quarter of 2022 and rental rates are holding steady or increases are being offset by inducement packages offered by the landlord. With increased construction costs, tenants are looking for move-in ready space to circumvent the expenditures and long lead times.
Overall downtown vacancy has dropped slightly to 29.28% for Q2 and market activity has been slow and steady through the summer. We saw a modest amount of positive absorption of 140,372 sf due to companies solidifying their hybrid work policies. Going forward for the remainder of the year and into 2023, tenants looking to refresh their space or relocate, construction costs will be a pain point as long as inflation stays high.