26 Jul 2016

MARTA stations becoming magnets for CRE investors, developers

New data from commercial real estate services company Cushman & Wakefield suggests apartment projects closest to existing MARTA stations are showing stronger rent growth and lower vacancies than the overall market in both in town and suburban areas. The average rent premium of apartment units near the transit stations is 9.8 percent. Office properties are also benefiting, though seeing less dramatic rent premiums of nearly 1 percent. Vacancy rates were also generally falling at properties closest to the MARTA stations, according to Cushman & Wakefield…

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Source: Curbed: Atlanta >>