REAL ESTATE

strong, and that’s particularly true in northwest Atlanta, where we just don’t have enough industrial inventory,” Buyers said. “I would say that industrial buildings and industrial land remain at an all-time high in Cobb, right now.”

That hot streak is cooling a bit nationally, Buyers said, due in part to the slowing of e-commerce sales that boomed during COVID, but in metro Atlanta “the industrial market remains exceptionally healthy.”

Buyers said the medical office market is still hot, and the continued growth of health systems in Cobb, such as a new 60,000-square-foot medical office building from Northside Hospital in Cumberland, reaffirms this trend.

Finally, Buyers said retail is also in a good position in Cobb, with less than 4% of retail spaces vacant in the metro Atlanta area.

“We are seeing examples, across the country and across Atlanta, including Cobb County, (of) repositionings of suburban malls, and it’s going to be very interesting to see what happens over the next couple of years at Town Center mall, a very well-located asset,” said Buyers, who is vice chair of the Town Center Community Improvement District. “Just great real estate, has great infrastructure around it and population and office market, so I think Town Center mall is going to be an interesting story over the next couple of years.”