Office values dip in suburbs
The Atlanta Journal-Constitution reports: Atlanta’s suburban office market is not as strong as the intown market, according to the third-quarter sales report from LoopNet and REAL Capital Analytics.
The capitalization rate in the suburbs has climbed to 7.7 percent compared to 7 percent last year. Rising cap rates indicate sinking real estate values.
In dollar volume, both suburban and central business district deals are down sharply —- 51.5 percent and 68.5 percent respectively, the report says. But the central business district cap rate has remained unchanged at 6.5 percent.
View the full article on The Atlanta Journal-Constitution: Office values dip in suburbs
Posted by: Nina Turner