- Relocations and expansions in the submarket, along with occupancies from co-working companies were the largest contributors to the positive activity this year.
- Class A office leasing in the second half of the year was robust in Buckhead and will lead to strong occupancy gains in the coming year. AIG’s and Salesforce’s 70,000+ sq. ft. transactions were the largest for the submarket in 2018.
- Rental rates rose consistently throughout the year. The Class A average increased 6.8% from 2017; the third highest increase in the Atlanta market this year.
- As mentioned, Buckhead is expected to see more positive absorption in 2019; being one of Atlanta’s office market leaders