Avison Young Releases 2020 Commercial Real Estate Global Trends Report

Avison Young Releases 2020 Commercial
Real Estate Global Trends Report January 15, 2020

Atlanta Outlook Strong, But Slowing Rental Rate Growth Is Forecasted

Atlanta remains one of the most active Southeast markets and should remain stable for 2020, despite increased vacancy of new industrial construction, slowing rental rate growth in retail and industrial and co-working expansion in suburban markets

ATLANTA – January 15, 2020 – Avison Young released its global 2020 Commercial Real Estate Forecast Report yesterday, which highlighted 10 trends that will impact commercial real estate in 2020. The report included both national and local outlooks, including Atlanta. The annual report series helps to understand economic, geopolitical and business drivers and provides perspective on how global events, trends and indicators impact commercial real estate in a variety of sectors, including capital markets, office, retail, industrial, multi-family and hospitality, among others. The goal is to create resilient real estate strategies.

Some of the trends impacting real estate strategies and business identified by Avison Young, include:

  • Lower for longer: How investors are dealing with a low inflation, low interest rate world.
  • Power to the people: Landlords, developers and occupiers need to pay increasing attention to local political activism, as today’s street protests increasingly signal tomorrow’s policy initiatives.
  • (De)globalization: The pace of globalization is slowing, and in some areas is starting to reverse as nearshoring and the localization of supply chains gathers momentum.
  • Building resilience: Cities across the world are leading the charge in responding to climate change, to ensure economic, social and environmental sustainability.
  • Placemaking is becoming the focus of socially responsible investors looking for impact investment opportunities.

"For the seventh year straight, Georgia was once again named the No. 1 state in which to do business. Atlanta continues to see unprecedented rental rates in the upper $50s for new construction projects and currently has 20 million square feet of industrial construction underway," said Steve Dils, Managing Director - Avison Young Atlanta. "However, factors like sustainability, co-working and changing legislation are beginning to impact tenants, developers and owners. Avison Young's research is critical in providing our clients with current and forecasted trends and more importantly, allows us to advise our clients on how those trends may impact their current and future real estate transactions," he added.

The report also indicated that while there is uncertainty from a global standpoint, opportunities remain across all sectors driven by an increased focus on responsible investing, climate change, the implications of continued low interest rates, and other factors.

Avison Young's Global Trends Report was prepared based on the market knowledge and experience of Avison Young professionals around the world, along with additional sources. To access global, national and local forecasts from across the Avison Young network, please visit: www.avisonyoung.com/2020-forecast. For Atlanta's outlook, visit avisonyoung.com/2020-forecast#Atlanta, or click here to see a short video.

About Avison Young
Avison Young is the world's fastest-growing commercial real estate services firm. Headquartered in Toronto, Canada, Avison Young is a collaborative, global firm owned and operated by its Principals. Founded in 1978, with legacies dating back more than 200 years, the company comprises approximately 5,000 real estate professionals in 120 offices in 20 countries. The firm's experts provide value-added, client-centric investment sales, leasing, advisory, management and financing services to clients across the office, retail, industrial, multi-family and hospitality sectors. For more information, please visit Avison Young Atlanta or follow them on Twitter.

Media Contacts:
Jessica Dove, Marketing Manager
Avison Young
[email protected]
770.916.6115 - direct


Sharon Goldmacher, communications 21®
[email protected]