Atlanta office market reports

Q1 2023

The Atlanta office market started the year off with 42,287 sf of negative absorption in the first quarter of 2023 due to the execution of smaller deals compared to prior quarterly leasing activity. Rental rates have slightly increased and construction activity has maintained momentum. Although leasing activity remains strong, some companies may put decisions on hold as they wait to see how inflation impacts the market, and many tenants are renewing leases within their current space for a short-term solution. The Atlanta office market is also seeing an upward trend in available sublease space, as if companies are testing putting space on the market before fully committing to vacate the space.


Increase in lease renewals year-over-year

7.7 msf

Sublease availability continues to hit record highs


Atlanta is the leading market for office loans set to mature by 2025


Your source for the latest Atlanta office market reports

Get in-depth office market reports and insights from commercial real estate experts in the Greater Atlanta area. Avison Young advisors look at Atlanta commercial real estate activities and the latest Atlanta statistics to provide you expert market research on Atlanta's office properties.

Explore different topics like the latest office market pricing trends and analysis of Atlanta's current office real estate market conditions. Gain a better understanding of Atlanta’s office real estate outlook and stay ahead of current office space trends. Make smart decisions when it comes to investing in office properties in Atlanta's competitive office real estate market. Avison Young is your trusted source for commercial real estate office market insights in Atlanta.

The dashboard was delivered through AVANT by Avison Young: leveraging real-time data and analytics to make cities and location-based decisions more transparent and efficient. Learn more about AVANT.

Get the latest Atlanta office market reports right in your inbox