Q3 2022 Cumberland Galleria Office Submarket Report
The Cumberland/Galleria submarket saw positive absorption of 83,521 square feet in Q3 of 2022. Year-to-date, the submarket has seen positive absorption of 267,238 square feet. Notable
move-ins included the Georgia Division of Family & Children Services taking 48,000 square feet at 1090 Northchase Pky and Soliant occupying 22,969 square feet at Galleria 200. Cumberland/Galleria’s vacancy rate fell 30 basis points (0.3%) in Q3, and has fallen 150 basis points (1.5%) since Q1 of this year.
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