Q2 2026 Atlanta office market report
Atlanta's office market continued to show signs of stabilization during the second quarter as leasing activity, availability trends, and rental performance all moved in a positive direction. Tenant demand remained concentrated in the market's highest-quality buildings, with Trophy and Class A properties accounting for 73.9% of quarterly leasing activity. At the same time, availability declined 167 basis points year-over-year to 28.71%, suggesting recent leasing momentum is beginning to reduce the amount of space available across the market. Strong demand for premium office environments has also supported pricing, with Trophy asking rents reaching $45.10 per square foot in Q2 2026. Together, these trends lead to improving fundamentals and continued confidence in Atlanta's best-positioned office assets.
Flight-to-quality continues
Trophy and Class A properties accounted for 73.9% of all leasing activity during Q2 2026, reflecting continued tenant preference for high-quality office environments.
Year-Over-Year decline in availability
Atlanta's availability rate fell 167 basis points year-over-year, marking continued improvement in market fundamentals.
Asking rents remain resilient
Trophy asking rents reached $45.10 per square foot in Q2 2026, maintaining a significant premium over other property classes and reinforcing demand for premier office assets.
Atlanta office market reports
Q3 2025
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