Q2 2022 Buckhead Office Submarket Report

Buckhead saw negative absorption of 194,261 square feet in Q2, its second-consecutive negative absorption quarter of 2022. The submarket’s overall vacancy rate rose 90 basis points (0.9%), the highest figure Buckhead has seen since 2011. Sublease space is at it’s highest mark since 2004, with 3.8% of the submarket’s inventory (over 830,000 square feet) available for sublease. Buckhead’s sublease availabilities have nearly doubled in the past year, as only 2.3% of existing inventory (487,000 square feet) was on the market in Q2 of 2021.

Published: Jul 26 | 2022 Download