Atlanta is a world-class city with 13 Fortune 500 and 24 Fortune 1000 companies headquartered in Atlanta commercial real estate. Atlanta industrial/warehouse space is still an eye-catching market for many companies looking to open or expand their operations. After nearly three years of a down commercial real estate market, the 12-county metro Atlanta industrial market is starting to show signs of life.
The Atlanta metro area has the 11th largest concentration of Fortune 500 company headquarters. Metro Atlanta employs over 2.4 million people. The top three employment sectors are trade, transportation and utilities, professional and business services and government. Delta Air Lines is the city’s largest employer and the metro area’s third largest. Delta operates one of the world’s largest airline hubs at Hartsfield-Jackson Atlanta International Airport. Hartsfield-Jackson Atlanta International Airport, which is located seven miles south of downtown Atlanta, is the world’s busiest airport and the only major airport to serve the city.
The business environment and quality of life in the city consistently rank Atlanta at the top of major U.S. metropolitan areas for working, living and playing. The area is known for its job creation, investment advantages, pro-active business environment and various quality-of-life barometers. Fortune 1000 companies understand the value that a metro Atlanta address provides, as more than 70% have established operations in Atlanta commercial real estate at some level.
Metro Atlanta businesses can access broadband through cable or telephone systems. According to the FCC, more than 81 companies provide high-speed access over more than 2.7 million lines to customers in all of the state’s zip code areas. Access to seven or more providers is available to nearly all metro Atlanta residents.
Atlanta is high-value location for corporate headquarters operations: second lowest in cost among 30 major U.S. markets. Commercial real estate in Atlanta is in hot demand, in the last decade, businesses in Atlanta have absorbed, on average, more than three million square feet of office space, 11 million square feet of industrial and four million square feet of retail space every year.