Available large blocks of space (20,000 sf+) in existing Atlanta office buildings

Chart showing number of blocks of office space 20,000 sf and larger in Atlanta GA commercial real estate market from March 2022 to March 2023

The Atlanta office market has seen a 20% increase in available large blocks of space (20,000 sf+) over the last 12 months. While Class A large blocks increased 13% over this time, Trophy blocks increased 68% due to several new developments delivering in the second half of 2022 with little to no pre-leasing activity. If speculative office development slows in 2023 this will allow the market to absorb some of the 57 large blocks of space currently available across 15 Trophy buildings.

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US-GA-ATL Atlanta