Downtown 2Q 2018 Market Report

Downtown office leasing fundamentals continued to improve in 2Q18. Asking rates YOY are up a healthy 9%, and QOQ by 1.9%. Vacancy continued to decline in 2Q, and is approaching historic lows. With vacancy at 10.4%, Downtown ranks second in Atlanta (behind Midtown) for vacancy. Net absorption was an impressive 128K SF in 2Q, marking the fourth consecutive quarter of positive net absorption, and ranking Downtown 1st for net absorption in 2Q18.

Published: Sep 18 | 2018 Download