Office

The Office Submarket outperforms historical averages.

  • The Atlanta office submarket is strong as rent growth and vacancy continue to outperform historical averages. These fundamental markers are due to strong job growth in office-using employment and a relative lack of supply. Even as 2019 has been the biggest year of deliveries during the current cycle, the net amount of new supply will still fall short of Atlanta's historical average.

  • These conditions have created a lucrative environment for deals, and the average number of sales transactions recorded during the recovery have well outpaced the annual average last expansionary cycle. Based on these factors, Atlanta’s office fundamentals are expected to remain strong.

VACANCY RATE

AVAILABILITY RATE

GROSS ASKING RENT PER SQ FT

Transformative Vision

Redevelopment and renovation deliver higher ROI