Atlanta office market reports
Q3 2025
Atlanta’s office market posted steady performance in the third quarter. Year-to-date leasing activity totals 6.4 million square feet, driven by a 31% quarter-over-quarter increase in suburban submarkets. While overall absorption remains negative, Trophy assets continue to see positive momentum as tenants gradually commit to top-tier space at renewal and act on the opportunity for relocation. Sales activity also remains consistent, with a growing share of non-traditional and distressed portfolio transactions. Although investment sales momentum has moderated quarter-over-quarter, Atlanta continues to outperform the national average. As larger leases close and tenant demand stabilizes, the market is expected to maintain steady, healthy momentum moving forward for the remainder of 2025.
Suburban leasing sees an increase in activity
Suburban leasing activity rose more than 31% quarter-over-quarter, led by strong momentum in Atlanta’s North Fulton submarket.
Atlanta investment sales activity outpaces the national average
Atlanta’s investment sales activity outpaces the national average, climbing 49% year-over-year.
Positive absorption recorded in Trophy assets
Trophy properties have recorded 295k of positive absorption year-to-date as tenants gradually commit to top-tier space.
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