Q1 2022 Atlanta Office Market Report

After two straight quarters of positive absorption, the Atlanta office market took a step back in Q1 of 2022 with negative absorption of (750,657) square feet. The market’s overall vacancy rate rose 60 basis points (0.6%), the first vacancy rate increase since Q2 of 2021. Over the past 12 months, Atlanta has experienced negative absorption of (110,047) square feet. While slightly negative, this is the third-best absorption figure among the 10 largest national office markets.

Published: Apr 21 | 2022 Download