Q4 2025 Atlanta office market report
Atlanta’s office market ended 2025 on a stable note. The market saw 7.1 million square feet of leasing activity during the year, driven by a significant amount of new leases in Trophy/Class A properties. Investment sales activity saw its largest year since 2022, driven by several high-profile deals such as 1100 Peachtree and the Piedmont Center portfolio. Although absorption remained negative in 2025, it is anticipated to gain positive momentum as leasing activity continues to increase, and new construction activity remains at a historic low. These positive trends have positioned the Atlanta office market to start 2026 with strong fundamentals and renewed confidence among investors and occupiers.
2025 leasing activity by class
The flight to quality trend continues to persist as 73.5% of new leasing activity in 2025 was in Trophy or Class A properties.
2025 construction activity
During 4Q25 Atlanta’s office market recorded the lowest amount of space under construction since 2011.
Increased sales activity in 2025
Metro Atlanta saw an increase of 56.3% year-over-year in investment sales activity, although well below the 10-year average.
Atlanta office market reports
Q3 2025
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