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Renting Office Space in Atlanta

Atlanta’s real estate market has followed in lock-step with the overall local economy, particularly in rapid and consistent expansion in both multi-family properties and office space development. A distant but still substantial second, adaptive reuse space has also taken firm root throughout Atlanta, primarily through Class C property converted to loft-style offices. The incredibly successful Ponce City Market – the renovated former headquarters for Sears, Roebuck & Co – epitomizes the economic transformation seen throughout the city. What was once a rapidly aging, 1920s era complex with its glory days well behind it is now a thriving home to loft office and retail space, currently demanding the highest rent in the city at over $50/sq ft. This type of growth, along with future projects like Google’s one million sq ft distribution center in South Atlanta, have created an extraordinarily tight commercial real estate market, yielding scant 7% vacancy rates in industrial space – the market’s most robust sector. Of course, for an organization looking to move either into or within the Atlanta market, such dynamic expansion presents both tremendous opportunities as well as barriers.

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Popular Office Space in the Atlanta Market

One Securities Centre

417 – 19,224 SF

$1,200 – $43,400 /mo

General

Flat Shoals Ave SE

1,163 SF

$2,500 /mo

General

Two Midtown Plaza

1,460 – 23,636 SF

$3,800 – $73,900 /mo

General

Breckinridge Exchange

3,943 – 18,753 SF

$8,800 – $22,700 /mo

Flex General

Leland Dr

1,043 – 40,000 SF

$1,500 – $56,700 /mo

General Warehouse

Brookwood Exchange Building

1,098 – 2,196 SF

$2,300 – $4,600 /mo

General

Palisades Office Park

314 – 15,264 SF

$700 – $33,700 /mo

General

Peachtree Dunwoody Rd

1,489 – 25,009 SF

$3,900 – $65,600 /mo

General

Peachtree Industrial Blvd

859 – 1,850 SF

$1,200 – $2,500 /mo

General

Shadowood Office Park

1,037 – 5,831 SF

$2,000 – $8,700 /mo

General

Vernon Woods Professional Center

808 SF

$1,300 /mo

General

Peachtree Industrial Blvd

1,025 – 6,108 SF

$800 – $3,300 /mo

Flex General Warehouse

The Corners Technology Center

1,237 – 15,242 SF

$2,200 – $26,700 /mo

General

Concord Rd SE

1,300 SF

$1,800 /mo

General

Cumberland Pkwy SE

893 – 2,233 SF

$2,200 – $7,000 /mo

General Storefront

Suite Rates in Atlanta

Suite Sizes in Atlanta

Neighborhood Comparison

Neighborhood	Average Available SQFT	Average Rate / SQFT PER Month	NUMBER OF AVAILABLE SUITES
Acworth	1,300	$1.41 / SF	49
Alpharetta	2,900	$2.13 / SF	436
Atlantic Station	2,600	$2.62 / SF	55
Bankhead	3,700	$2.08 / SF	< 30
Brookhaven	5,000	$2.86 / SF	378
Buckhead	3,800	$2.86 / SF	674
Central Perimeter	3,600	$2.48 / SF	775
Chamblee	3,500	$1.95 / SF	87
Cumberland	2,800	$2.30 / SF	244
Decatur	1,200	$2.28 / SF	73
Doraville	3,200	$1.17 / SF	44
Downtown	4,300	$2.27 / SF	247
Druid Hills	-	-	< 30
East Atlanta	1,800	$3.00 / SF	< 30
East Cobb	1,700	$1.38 / SF	43
East Lake	3,800	-	< 30
Edgewood	1,600	$2.53 / SF	< 30
Galleria	2,800	$2.30 / SF	244
Grant Park	1,400	$1.50 / SF	< 30
Greenbriar	-	-	< 30
Gresham Park	-	-	< 30
Gwinnett	2,500	$1.76 / SF	284
Inman Park	3,500	$2.65 / SF	< 30
Johns Creek	1,500	$1.60 / SF	81
Kirkwood	1,500	$2.69 / SF	< 30
Lakewood Heights	6,000	$1.38 / SF	< 30
Lenox	5,000	$3.03 / SF	195
Little Five Points	2,400	$2.64 / SF	< 30
Marietta	2,000	$1.77 / SF	217
Midtown	3,900	$2.95 / SF	342
Midtown	3,900	$2.95 / SF	342
Milton	3,800	$2.14 / SF	< 30
North Buckhead	3,800	$2.81 / SF	395
North Fulton	2,700	$1.95 / SF	744
Northlake	2,100	$1.96 / SF	146
Northwest Atlanta	2,800	$2.30 / SF	244
Old Fourth Ward	3,700	$3.56 / SF	64
Paces	3,600	$2.25 / SF	< 30
Peachtree Center	3,100	$2.19 / SF	171
Peachtree Corners	2,500	$1.64 / SF	198
Peachtree Park	3,400	$3.27 / SF	185
Piedmont Heights	2,500	-	< 30
Pittsburgh	400	-	< 30
Roswell	2,700	$1.86 / SF	278
Sandy Springs	3,200	$2.23 / SF	642
Snellville	2,100	$1.83 / SF	73
South Atlanta	6,000	$1.38 / SF	< 30
Summerhill	1,400	$1.50 / SF	< 30
Sweet Auburn	7,100	$2.08 / SF	< 30
Sylvan Hills	1,000	-	< 30
Toco Hills	1,600	$1.68 / SF	< 30
Underwood Hills	6,100	$2.21 / SF	34
Virginia Highlands	2,800	$2.46 / SF	< 30

*All data is from sources we deem reliable and is tracked to provide tenants an understanding of market and submarket conditions, however we cannot guarantee accuracy and all data should be confirmed prior to any use in the lease or purchase of real property.