Athens, Georgia, may be best known as the home to the University of Georgia, one of the country’s top-ranked higher learning institutions. While the Bulldogs receive recognition for their powerhouse football program, the town has more than just pigskin going for it. A higher-than-average unemployment rate has started to lower with recent job creation, thanks to a big local push for economic development.
The city is actively wooing new businesses to come to town, hoping to attract both industry and bioscience-focused companies. Long-term efforts to overhaul local infrastructure to make the town more digitally advanced will also help with this effort. Yet, while Athens has actively courted larger companies for their business, the city has also emphasized its continued interest in bringing more small businesses to the area.
Manufacturing, health care and social services have all seen job gains in recent years. Retail and food services remain two of the biggest employers in the area, which draws crowds for SEC football games and academic conferences.
Georgia has a thriving economy. In fact, WalletHub just named it the nation’s ninth-best economy, thanks largely to the aforementioned job creation seen statewide. While statewide education levels are low, the steady flow of University of Georgia graduates in Athens makes it a fantastic location to recruit fresh talent straight out of school. Thriving businesses can take advantage of this young and eager brain trust.
Athens also has a relatively low cost of living, which means companies can pay reasonable salaries without worrying their workers cannot afford basic amenities or housing. The city also boasts a great culture, with museums dedicated to art and natural history. Families thrive in this area because it’s so full of both educational and athletic opportunities. And the unique downtown space is both attractive and desirable for businesses.
The Coldwell Banker Commercial professionals live and work in Athens, GA. They know the town and the surrounding area. They understand where the most desirable locations are for different types of businesses and they can guide you through the process of finding the right place for your company.
That in-depth knowledge of the market is especially valuable if your business does not already have a presence in Athens. You need people with experience in area real estate who will listen to the needs and desires you list for your business. Whether you have to find warehouse or retail space for lease or you need to buy an office building, the Coldwell Banker Commercial agents can assist you every step of the way.
Learn more about Athens before you undertake a search for commercial property. You can look through our data and statistics on the Athens commercial real estate market or contact us to ask any questions you may have about the area. You can use this information to help make decisions. Get in touch to find an Athens, GA, professional today.