教皇和土地

2023年7月10日,

亚特兰大办公室房东在入住率正面临一个巨大的洞。亚特兰大市区的173.5科幻写字楼市场空28.2%,经纪公司第一太平戴维斯表示,最多有跟踪自2005年开始研究该地区。图,只跟踪直接空置,比去年此时高出26.5%。直接空置率没有考虑地铁面积转租供应,这也是在旧金山的历史高位8.7,比上年同期增长了40%以上,据第一太平戴维斯。结合,直接和转租空间寻找租户在亚特兰大科幻在第二季度超过50米。相比之下,所有的纳什维尔不到48 m科幻的办公空间,根据仲量联行。亚特兰大办公室基本面现在六个月前形成了鲜明对比。2022年,公司吸收1.1科幻小说,从2021年的126 k科幻,甲级租金上涨了超过4%,尽管上升的担忧企业裁员和混合工作安排将如何影响企业的空间需求。租赁活动放缓至1.6米当季科幻小说,从第一季度科幻一年前,但低于2.2 /第一太平戴维斯。“这是一个艰难的市场现在办公空间,”t·达拉斯Smith & Co .)副总裁塞德里克Matheny说。 “We have a lot of companies right now we’re talking to that are just trying to figure out how much space they need.” Deloitte signed the largest lease in the second quarter, taking 72K SF at Promenade II . Even though it was the biggest lease in the period, Deloitte’s move from 191 Peachtree Tower saw it scale back its office footprint by half . Other big leases executed in the past three months include OneDigital Financial Services securing 71K SF at Galleria 300 , Ernst & Young renewing 45K SF at 1105 Lakewood Parkway in Alpharetta and the Transportation Security Administration taking 44K SF at 1500 Centre Parkway in Camp Creek . Despite the deteriorating office market, landlords haven’t budged on asking rents, which increased half a basis point year-over-year to $30.85 per SF in the second quarter, according to Savills. Pope & Land Enterprises Managing Director Jennifer Koontz said landlords are offering more generous tenant improvement allowance packages and free rent instead of reducing their face rent. "The rental rates need to stay where they are," Koontz said. "Construction pricing is still high so it takes more money to get tenants in." Tenants remain mired in a cauldron of uncertainty. While no official recession has been declared, banks have pulled back from commercial real estate lending after a series of interest rate hikes. And companies are still struggling to determine just how much space they will need with most corporate employees working from home at least part of the week. “The biggest issue we’re seeing is tenants' inability to make timely decisions. Everything is moving so slowly,” Koontz said. “I don’t think lowering the rental rate or increasing free rent is going to make a difference. They either need the space or they don’t.” The slowness is leading to painful decisions by office owners. Manulife US REIT is looking to sell off Phipps Tower in Buckhead as it tries to pay down mounting debts, a move an analyst called a "bitter pill to swallow." Blackstone is marketing the Three Ravinia Drive office tower and reportedly could fetch $175M after it last sold in 2016 for more than $210M. Contact Jarred Schenke at jarred@bisnow.com