Q2 2022 Atlanta Office Market Report

After taking a small step back in Q1 of 2022, the Atlanta office market notched its third positive quarter in the last 12 months with positive absorption of 1,040,082 square feet across all property classes in Q2 of 2022. The market’s overall vacancy rate fell 40 basis points (0.4%), erasing the vacancy increase from Q1. Atlanta has seen positive absorption of over 1.8 million square feet over the past 12 months, which is the best absorption total for that period among the 10 largest office markets in the United States. Midtown was back on top as Atlanta’s best performing submarket in Q2 with positive absorption of 646,073 square feet.

Published: Jul 29 | 2022 Download