Commercial Real Estate, Capital, Insurance, Leasing & Management

Restaurants, other food-related concepts are taking off in Atlanta

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While food is leading the pack of tenant-driven retail deals, retail leasing activity remains robust in Atlanta.

Excerpted from “Satisfying a Growing Appetite” in Southeast Real Estate Business October 2017 issue.

 

Food concepts aren’t just targeting the massive projects like Avalon and Atlantic Station. Monetha Cobb, who currently serves as the president of the Atlanta chapter of Commercial Real Estate Women (CREW Atlanta), says that more than 50 percent of all retail lease transactions finalized are restaurants, especially in Atlanta’s core submarkets. 

Franklin Street represents multiple concepts, and the competition is insane across all levels – full-service, QSR and fast casual – there’s just so much activity,” says Cobb.

 
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