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Major Employers Hiring Thousands in Atlanta; Renter Demand Soaring Across Metro

Atlanta’s rental market is improving as significant job additions generate demand. In particular, the construction, professional and business services, and leisure and hospitality sectors are rapidly increasing payrolls. Development of State Farm’s Dunwoody office and the SunTrust Park, for example, will generate 13,000 jobs. Additionally, the expansion of high-income STEM jobs will boost tenant demand and support higher rents. Projects such as Kaiser Permanente’s IT hub will require hundreds of new high-skilled workers. Mercedes Benz USA’s decision to relocate its headquarters to Atlanta is also a major economic boon for the market. Looking ahead, speculative interest from MGM and others to build casinos hints at thousands of new jobs and tourism revenue in the future. As Atlanta attracts businesses and visitors, the economic boost will generate thousands of new households[…]


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