What's Happening?

Atlanta’s office market is stabilizing as new development slows and leasing activity shows signs of improvement. Vacancy held steady at 24.9% in Q2, supported by a shrinking construction pipeline and limited new supply.

Asking rents rose to $30.22/SF amid steady demand for high-quality, amenity-rich space. With office conversions outpacing new builds and corporate confidence growing, Atlanta remains well-positioned to meet evolving tenant needs.