Ask the Expert: What Atlanta submarket is seeing new retail growth?
“With the rapid growth the Atlanta market has seen in the last decade, neighboring submarkets are reaping the benefits of the population overflow from ‘intown’ Atlanta. Suburban life has become more desirable due to the lower cost of living, and for that reason, almost all these areas are seeing exponential growth.
Atlanta’s affluent population still has a strong desire to expand up the Ga. Highway 400 corridor, and this development is pushing population growth in markets like Cumming and Dawsonville – areas that are 40+ miles outside of the city. All these signs indicate that Atlanta will continue to be one of the fastest growing real estate markets in the nation, and this trend will be mirrored by retail expansion in the surrounding submarkets.”
Senior Associate, Retail Agency Services