The Challenges of Rezoning and Zoning Entitlements: Part 1
By Bill Adams, MBA, CCIM, ALC, CRB, Founder, Adams Realtors Many of our commercial real estate transactions involve urban properties in areas where the land use is in transition, meaning rezoning is often inevitable. A good example is a property that Adams Realtors’ Michael Reeves, CCIM sold in 2020 at Boulevard and the Atlanta Beltline […]
Adams CRE Attends the 2022 CCIM Institute Mid-Year Governance Meetings
Three Adams Commercial Real Estate brokers – Michael Reeves, CCIM, Marion Williams, CCIM and Bill Adams, CCIM – attended the CCIM mid-year governance meetings in Charlotte, North Carolina on April 8 – 12. Over 300 Institute members from around the world attended the meeting, the largest number of attendees since the beginning of the Covid-19 […]
How a 1031 Exchange Helped Decatur Gain a New School
By Bill Adams, MBA, CCIM, ALC, CRB, Founder, Adams Realtors In early 2015, Adams Realtors received an assignment from the City Schools of Decatur, Georgia to find a site for a new upper elementary school. Decatur, Georgia is a mature suburb of Atlanta with a population of about 21,000. The City of Decatur is in […]
Hindsight Is 20/20: A Review of the 2021 Atlanta Commercial Real Estate Market
As we approach the second anniversary of the COVID-19 pandemic in the United States, I would like to look at how the top five commercial real estate product types performed in the Atlanta market last year. 2021 was the first full calendar year of coping with the pandemic and its variants. Overall, at the end […]
2022 Atlanta Commercial Real Estate Forecast
By Bill Adams, MBA, CCIM, CRB, ALC I have often said that my crystal ball is much clearer looking backward than forward. As we begin a new calendar year, I do feel like that 2022 will be another strong year for commercial real estate like 2021. Here are my predictions based on 40+ years of […]
Adams Realtors Celebrates 43 Years: A Look Back at Our Start in 1979
I am thrilled to be able to say Adams Realtors will celebrate its 43rd anniversary in March 2022. The company was incorporated in the State of Georgia in March 1979. Over the years, Adams Realtors has weathered four recessions, five City of Atlanta Mayors, seven U.S. Presidents and countless bank mergers. I’d like to take […]
Adams Commercial Real Estate Sells The Seville for $2,525,000
The Seville briefly came to market last year and received a flurry of offers, eventually selling in November for $2,525,000. The 7,000-square-foot property, which was marketed as being “historic,” is fully leased. Tenants include Japanese restaurant Ok Yaki in a modernized corner space with a side patio, Boho Gal Jewelry, and Medly Pharmacy. Read more […]
The Atlanta Braves: One Move Created Two Real Estate Home Runs
When a city or a community loses a major generator of economic activity, the void in the economy may take years, if ever, to fill. Closing a military base, an automotive plant or even the anchor tenant of a regional mall may have a devastating impact on the local economy. The Atlanta Braves were a […]
Atlanta Commercial Real Estate Market Update Nov. 22, 2021
At the eleven-month mark of 2021, a couple of property types in the Atlanta commercial real estate market, Office and Hospitality, are continuing to underperform as a result of the Covid-19 pandemic. On the other hand, demand for well-located land continues to be extremely strong. The following will address each segment and their outlook. Office […]
Atlanta Commercial Real Estate Recap for Q3 2021
We’re already past the three-quarter mark of 2021 and heading into the end of the year. Despite an unpredictable past couple of years, the Atlanta commercial real estate market continues to be on solid footing. Read on for my thoughts and the status of Atlanta’s industrial, retail and multifamily residential CRE sectors following the close […]