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Atlanta Market Reports

Atlanta Office Market

Average Asking Rent (Price/SF) $26.53
Vacancy Rate (%) 17.6%
Net Absorption (SF) -324,411

Atlanta's office market plateaued in the third quarter of 2018, and fundamentals had mixed results. The vacancy rate rose for the third consecutive quarter because corporate consolidations put additional space on the leasing market. As a result, net absorption was negative for the second consecutive quarter, a potential precursor to a market correction that will have many observers watch the market closely for any further softening. The average asking rental rate rose again over the quarter, driven primarily by the increase in availability.

Atlanta Industrial Market

Average Asking Rent (Price/SF)                     $5.18
Vacancy Rate (%)              7.2%
Net Absorption (SF)     5,379,557

The Atlanta industrial market remained strong at the end of the third quarter of 2018, as all fundamentals were positive and sentiment for the next 12 months was bullish. Growth from existing and new tenants was announced, as developers are confident in the market's ability to absorb new speculative construction.

 

 



Atlanta Office Market Report
3Q18
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Atlanta Industrial Market Report
3Q18
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