Hartman Simons attorneys have been in the media spotlight, penning byliners for real estate publications and getting interviewed by the press. In today’s Four on Friday, we spotlight four recent media appearances by our lawyers:
• “Retail Development Shows Signs of Life” – In this blog he wrote for the Atlanta Business Chronicle, Hartman Simons partner Jeremy Cohen says ground-up retail development is returning.
Key excerpt:
[The] process of buying, improving and flipping existing centers worked quite well for a few years, but as the saying goes, all good things must eventually come to an end. More and more folks began to chase the same deals, and the prices of existing centers inevitably rose — to the point that the deals that could lead to nice profits became fewer and farther between.
Given all that, lo and behold, good old-fashioned ground-up development is back on the radar.
• “Gradually Recovering” (article begins on page 28 of the link) – In this article he wrote for the November/December issue of Georgia Realtor magazine, Hartman Simons managing partner Summey Orr shows that Atlanta’s commercial real estate markets are finally in recovery mode.
Key excerpt:
For the most part, metro Atlanta’s commercial real estate sectors have taken a while to get up off the canvas, but as 2013 draws to a close, there are finally real reasons to be optimistic about their future. Fueled by a steadily improving economy, metro Atlanta’s office, industrial and retail markets are gaining traction, and its multifamily sector continues to shine. In short, commercial brokers can expect 2014 to be a productive year when it comes to executing leases and selling commercial assets.
• “Kilberg Helps Women Succeed in Commercial Real Estate” – This profile of Hartman Simons partner Lori Kilberg in the Nov. 22 edition of the Atlanta Business Chronicle focuses in particular on Kilberg’s upcoming tenure as president of the CREW Network, the industry’s leading advocate for the advancement of women in commercial real estate.
Kilberg will serve as president-elect of the organization in 2014 and as its president the following year.
Key excerpt:
“Kilberg is the second Atlantan named president of the organization. And, the metro region reflects the broader problems Kilberg wants to fix.
‘Look at Atlanta,’ she said. ‘Do you see women at the top of any of the big real estate companies?’
…
‘I think we still have a lot of work to do,’ Kilberg said.”
Note: a subscription to the Business Chronicle is required to access the full article.
• “Isaac Mizrahi Store Coming to Atlanta” – This Nov. 29 article about an Isaac Mizrahi New York store opening at The Outlet Shoppes at Atlanta in 2014 quotes Kilberg on the ongoing success of outlet malls.
Key Excerpt:
“Plus, outlet malls are becoming some of the most viable retail developments in the country, said Lori Kilberg, a partner with the law firm Hartman Simons & Wood LLP in Atlanta.
‘We are seeing more and more traditional retailers going to the outlet venues,’ Kilberg said, adding the retail outlet practice at her firm has soared in recent years.
‘Their sales grow exponentially there. It is a great platform for them. They get exposed to a tremendous amount of customers. It brings in people they’ve never had access to before.’”
Note: a subscription to the Business Chronicle is required to access the full article.