4Q 2018 | Atlanta Office Midtown Submarket Report

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Once again, Midtown absorbed the highest annual amount of office space in the Atlanta market. This marks the third consecutive year of doing so.

Key Takeaways

  • The submarket is Atlanta’s most active office node. In addition to high-profile occupancies by NCR and Reliance Worldwide this year, Midtown has experienced signifi cant leasing activity. Most recently the submarket has landed two notable preleases and a significant headquarters relocation by Norfolk Southern to kick off new construction.
  • In regards to new development, Midtown has the most office space under construction in the market. This figure is expected to rise steeply in the coming year with at least four to fi ve new projects breaking ground.
  • With so much positive news taking place here, it is not impossible for Midtown to lead the Atlanta office market in space absorption yet again in 2019.

4Q18_Midtown


Midtown

4Q 2018 | Atlanta Office Midtown Submarket Report

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