ATLANTA - BY THE NUMBERS

CITY POPULATION

5.7 million (20-county area)

Source: Atlanta Regional Commission

UNEMPLOYMENT RATE:

9.3%

Source: U.S. Bureau of Labor Statistics

LARGEST PRIVATE EMPLOYERS

1. Delta Air Lines
   25,000 employees

2. Wal-Mart Stores
   24,243 employees

3. Gwinnett County Public Schools
   20,822 employees

Source: Atlanta Business Chronicle

METRO AREA VITAL SIGNS

Office:

17.1% vacancy, 1Q 2009
15.1% vacancy, 1Q 2008
$17.57 rent per sq. ft., 1Q 2009
$17.92 rent per sq. ft., 1Q 2008

Source: Reis

Multifamily:

10.3% vacancy, 1Q 2009
8.7% vacancy, 1Q 2008
$761 monthly rent 1Q 2009
$762 monthly rent 1Q 2008

Source: Reis

Retail:

11.6% vacancy, 1Q 2009
9.3% vacancy, 1Q 2008
$17.36 rent per sq. ft., 1Q 2009
$18.16 rent per sq. ft., 1Q 2008

Source: Reis

Industrial:

16% vacancy, 1Q 2009
14.1% vacancy, 1Q 2008
$3.53 rent per sq. ft., 1Q 2009
$3.63 rent per sq. ft., 1Q 2008

Source: Marcus & Millichap

Hotel:

55.6% occupancy, 1Q 2009
64.7% occupancy, 1Q 2008
$48.57 average daily rate, 1Q 2009
$57.93 average daily rate, 1Q 2008

Source: Smith Travel Research

MAJOR PROJECTS

Town Brookhaven: This urban infill project is a mixed-use development in Atlanta's Brookhaven community, situated on Peachtree Road, north of Lenox Square Mall and Phipps Plaza and adjacent to Oglethorpe University. The project will ultimately consist of approximately 600,000 sq. ft. of big-box retail, junior anchors, restaurants and boutiques, as well as more than 1,500 residential units. This project is a heavily landscaped, pedestrian-friendly urban village built for convenience and accessibility.

Developer: Sembler Co.

Completion: 2010

Cost: $400 million

SouthPoint: The 600,000 sq. ft. mixed-use development is located approximately 30 miles from downtown Atlanta at I-75 and Highway 20 in McDonough, Ga. While the project is still under construction, two anchor tenants — Kohl's and JC Penney — are already open for business.

Developer: SouthPoint Retail Partners

Completion: 2011

Cost: $45 million

ATLANTA RETAIL DISTRESS GATHERS STEAM

Of the $1.7 billion in troubled Atlanta commercial real estate assets, retail makes up more than half of the properties in default, foreclosure, bankruptcy or under lien.

	$ in million	No. of properties	Size
Office	134	9	1.4 million sq. ft.
Industrial	133	9	1 million sq. ft.
Retail	877	58	8.6 million sq. ft.
Apartment	467	43	9,176 units
Hotel	72	9	1,904 units
Development	3	1	309,320 sq. ft.
Other	13	1
Source: Real Capital Analytics