Key Takeaways

  • North Fulton saw the highest amount of office space absorbed in Atlanta during the fourth quarter. Occupancies by Microsoft, Crown Castle, and Spaces at 8000 Avalon were the predominant contributors to the positive absorption.
  • The strong Q4 helped push the submarket back into positive territory for the year and resulted in North Fulton’s office vacancy rate coming down close to where it began the year.
  • 8000 Avalon was the largest building to deliver in the submarket in 2017. It has seen significant leasing and currently stands at 95% leased.
  • With Jackson Healthcare’s office expansion, and the spec building “The Edison” under construction, North Fulton has the second highest amount of office space being built in the Atlanta market.
  • Steady leasing and demand will continue in North Fulton in 2018, leading to yet another positive year here.