Excerpted from Bisnow Atlanta’s State Of The Market 2017 coverage.
CBRE Senior Vice President Anne Cone, who moderated Bisnow’s development panel, asked whether North American Properties made a “calculated risk” with the development of Avalon in the affluent Atlanta suburb of Alpharetta.
“North American came in, and they put together a vision and they executed it to a T,” Franklin Street Director Reid Mason said, citing how rental rates in the Avalon retail trade area are exceeding $40/SF.
Read more at: https://www.bisnow.com/atlanta/news/commercial-real-estate/more-from-atlantas-state-of-the-market-2017-82462
