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Atlanta Market Reports

Atlanta Office Market

Average Asking Rent (Price/SF) $27.86
Vacancy Rate (%) 17.3%
Net Absorption (SF) 603,494

The past year was a period of adjustment for the Atlanta office market. The rapid expansion that occurred between 2015 and 2017 slowed considerably in 2018, as several corporate consolidations brought large blocks of space back on the market, even as rents in the core submarkets continued to grow. The resulting market fundamentals reflected this "pause."

Atlanta Industrial Market

Average Asking Rent (Price/SF)                     $5.37
Vacancy Rate (%)               6.8%
Net Absorption (SF)     7,200,524

The Atlanta industrial market ended 2018 with very strong fundamentals, as demand continued to grow at the torrid pace of the past two years. Annual net absorption reached its second-highest total in more than 10 years, causing vacancy to drop and asking rents to increase across all property types. Retailers signed four of the largest leases of the fourth quarter, and logistics companies continued to lease large blocks of space throughout the market.

 

 



Atlanta Office Market Report
4Q18
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Atlanta Industrial Market Report
4Q18
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