4Q 2018 | Atlanta Office Buckhead Submarket Report

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Key Takeaways

  • 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

 

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4Q 2018 | Atlanta Office Buckhead Submarket Report

Download Report