As the state capital, and the most populated MSA in Georgia, there is a high demand for rental properties in Atlanta. This demand is further fueled by the wide variety of industries, ranging from automotive to IT, that are constantly creating new jobs. This strong job market ensures investors who purchase Atlanta rental properties will continue to reap the market’s benefits.
In fact, employment growth in Atlanta is actually higher than the national average. Here are some of the market highlights for Q4 2015:
- Construction began in 2014 at State Farm’s Dunwoody hub, which is expected to house 8,000 employees over the next ten years in a sprawling 18 acre campus that includes office, retail, and hotel space.
- Development of the SunTrust Park stadium in Cobb County will be completed in time to host the Atlanta Br
aves in 2017, and is expected to generate 5,000 jobs.
- Mercedes-Benz USA will relocate its headquarters from New Jersey to a 12-acre portion of the Glenridge Hall property in Sandy Springs, bringing 800 high-paying jobs to Atlanta.
- Kaiser Permanente’s “Big Project Chill” expansion of its IT campus to a 157,000-sqare foot office in the Midtown Atlanta’s Pershing Plaza is expected to add 900 jobs.
Learn more about the job growth and the investment opportunity they fuel in the Atlanta metro by downloading our most recent Market Report.