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| Jeff Keppen |
ATLANTA, GA – Sixty-two percent of all metro Atlanta
professional services firms are now located in Downtown, Buckhead and Midtown —
with the majority in Midtown — according to new research commissioned by CBRE
Global Investors.
These three
neighborhoods, serving collectively as Atlanta’s central business district,
grew their headcount of professional service workers by nearly 17 percent over
the past decade.
This is an increase of 3,557 jobs. Of the three
neighborhoods, Midtown was the clear winner, capturing 66 percent of the new
professional services firms, or 2,365 jobs.
Professionals
services firms nationwide are wrestling with a generational shift that is
changing the way they work and use office space.
Research shows a trend in
office site selection as employers aim to attract young Gen Y professionals by
locating in trendy urban centers that offer a mix of residential options,
shopping and entertainment in a walkable setting.
“This new research
indicates that professional services firms are flocking to Midtown,” says Jeff
Keppen, Senior Vice President at CBRE. “When firms are looking to attract
young talent, they need to be in a vibrant walkable neighborhood, and in
Atlanta that’s neighborhoods like Midtown and Atlantic Station.”
An in-depth whitepaper with new findings and analysis can be
downloaded at http://www.27117thstreet.com/cbre_prosvcfirms.pdf.
For a complete
copy of the news release, please, contact:
Elizabeth Hagin
The Wilbert Group
+1 404 748 1367
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