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 what’s going on in the market?

 now, having an excellent commercial real estate broker in Atlanta is imperative. Especially if that one stays on top of news as well as happenings within the industry. Therefore, many had chosen to work with The Office Advisors. We are a team of professionals that is constantly learning and paying attention to what is happening. Our industry is affected by macro and microeconomics factors frequently. Whether you realize it or not any type of business enterprise is impacted by commercial real estate. Large firms employ a commercial real estate broker in Atlanta to negotiate and locate space for them. If you want to learn more about how we can help check out our website today. www.theofficeadvisors.com 

 

 Furthermore, it is said that most people don’t even read a book after they graduate from college. Each commercial real estate broker in Atlanta that we hire is encouraged to read. Not only in books but as well as news articles and Industry topics. With so much information at our fingertips, it is important to sit through the BS. Having someone on your side who understands what the effects on real estate are is always good. Don’t have just anybody giving you advice. Especially if your neighbor is a realtor that sells homes. They typically don’t know what they’re doing and do not understand economic intricacies.

 

 The big stories from not only Atlanta but around the US as well

 it doesn’t matter if you’re a small company leasing retail space or a large investment fund. News about what is happening in business as well as commercial real estate can affect you and your business. When inflation heads and prices increase people typically don’t buy too much. The cost of living that is driven up constantly creates a larger Gap in rent rates and what is actually brought in for the business. Are some examples of what is happening around from office to Industrial.

 

Is inflation curbing demand for retail?

 According to a co-star article. United States inflation has actually reached a 40-year high. This is an increased amount of 9.1 percent in the month of June 2022. Accordingly, consumers have cut back on access to goods. Words that mean you like to call it essential spending. They have dealt with the persistently increased cost of food living as well as fuel. This is making experts predict the decrease in retail spending in demand.

 

 Since there has been increasing inflation over a longer time span the general public Cuts back. They do this by cutting back on your general retail sales. So if you are a retailer looking for commercial space. You might want to check out at The Office Advisors now. We are a commercial real estate broker in Atlanta that can help you prepare for the future. Not only focusing on your needs now but the economic factors to come.

 

The hourly wage earnings for employees have declined

 now, you might be saying what does this have to do with me? Well if you are a retail owner and they already a tight labor market think might be difficult. These hourly earnings adjusted for inflation declined 1% in June. The labor department reported that its latest indicator of employee wages has not been able to keep up with the increased consumer prices. Even though in the prior month the department said household earnings increased 5.3%. But consumer prices rose by 1.3%. This means that the real hourly pay has declined by 3.6% from June due to inflation.

 

The ever looming question since the pandemic

 since 2019 and the rise of the pandemic things have been Rocky for office. With many experts saying offices dad things have changed. With large companies such as Salesforce going to hybrid. According to a recent article from co-star Salesforce commits to a permanent hybrid work policy. This is going to create a major downsize in the amount of office space this company needs. If you are looking for Prime Class A office space contact us. The Office Advisors is the right commercial real estate broker in Atlanta to assist you.

 

 However, with other construction happening in the Atlanta area during office hours. What office tower is nearing the end and the developers are on there so they would not have changed a thing? The construction originally started mere months before the pandemic set in. However, with things returning to normal and industries deciding on the amount of office space needed. One thing stands. The office remains a place for people to gather and come together. Not all Industries are able to work solely from home.

 

 The Office Advisors has been assisting companies to dispose of excess lease space as well as locate new office space. Therefore, it only makes good business sense to work with industry experts. The commercial real estate broker in Atlanta is known for what we do best. That is The Office Advisors and leasing office space. Whether you’re trying to purchase it or find a new home to rent we are the right one for your company.

 

 Contact us

 We try to make it as simple as possible for you to reach us. That is why our website is so easy. I’m like her competition we have a clean user-friendly interface to work with. Therefore, we don’t want any downtime between your needs and communication. Reach out to us today on our website to learn more about how we can help you and your company. It doesn’t matter if you’re a large firm or an investment. The Office Advisors is the right commercial real estate broker in Atlanta to help you.

 

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