Atlanta CRE investment sales remain tempered

– Office and Retail investment sales have seen a significant decrease in 2023 when compared with the pace of activity during the same period in 2022, down 78% and 73% respectively.

– Multifamily, which historically has been one of the strongest sectors regarding investment sales in Atlanta, witnessed a historical decline in activity of approximately $10 billion year-over-year.

– Although activity is lower in 2023 than 2022, Industrial remains the one bright spot in Atlanta’s investment market as the sector’s vacancy rate remains low, and rental rates continue to increase.