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Atlanta Market Reports

Atlanta Office Market

Average Asking Rent (Price/SF) $25.67
Vacancy Rate (%) 16.9%
Net Absorption (SF) 533,666

The first quarter of 2018 saw the continued slowdown of Atlanta's office market, which had begun in 2017 following the market's rapid expansion from 2013 to 2016. Tenant demand and leasing activity remain strong, and owners are bullish on the market's short- and long-term forecasts. The current period can be seen as an effort by a market that had never before seen such growth to adjust to the new normal. In many cases, tenants with pending expirations are experiencing a much different setting from when they last negotiated their leases.

Atlanta Industrial Market

Average Asking Rent (Price/SF)                     $4.96
Vacancy Rate (%)              7.8%
Net Absorption (SF)     2,832,957

Atlanta's industrial market remained in expansion mode at the start of 2018, as construction activity was high, tenant demand was robust, and asking rents rose. The region's positive metrics reflect its desirability.

 

 



Atlanta Office Market Report
1Q18
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Atlanta Industrial Market Report
1Q18
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