Investment activity in Atlanta remains sluggish through the first half of 2024

– Investment sales activity remains tempered in Atlanta for all asset types through the first half of 2024 due to economic constraints such as rising interest rates and inflation.

– Due to changing demand and the rise of vacancy rates, the office sector has experienced the most significant cool down, with a more than 45% decline in sales volume compared to the first half of 2023. Lenders and investors continue to show concerns when considering the risks of loans.

– Retail is the only sector that has witnessed an increase in activity this year with a 9.4% rise in sales transactions, totaling over $400 million during the first 2 quarters of 2024.