Business

Atlanta real estate firms look beyond metro area

Nov 4, 2012

Atlanta’s biggest real estate companies are doing an increasing amount of work elsewhere as the metro area struggles to rebound from the economic slowdown, a reflection of a sluggish market that lags behind other cities.

Atlanta-based commercial real estate heavyweight Cousins recently bought a skyscraper in Dallas and is exploring more projects outside Georgia’s borders. Carter is tackling major projects in Ohio, Mississippi and elsewhere. And Atlanta-based apartment developers are ramping up work across the country.

The companies say they’re not abandoning their hometown, but instead going where the work takes them.

Check out Sunday’s Atlanta Journal-Constitution or tablet edition for more details on this growing trend.

About the Author

Greg Bluestein is the Atlanta Journal Constitution's chief political reporter. He is also an author, TV analyst and co-host of the Politically Georgia podcast.

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