Brad Raber, Market Economist with CoStar Group, shared what is going on in Atlanta’s retail market. Following the national trend of slowing construction starts, Atlanta has seen an average of slightly less than 2 million square feet of new retail space deliver annually from 2009-2019, compared with an average of 8 million square feet annually from 2000-2007. The reduction in supply relates not only to lower demand for big boxes, but also in the demolition and/or repositioning of former retail spaces into alternates uses including warehouse/distribution, and notably in Atlanta, movie studio and production space. Brad also noted that CoStar reports that 60% of multi-family developments have a retail component to them.