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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

Parklake Drive

230 – 9,600 SF

$400 – $15,200 /mo

Coworking General

Parklake Drive

193 – 20,640 SF

$300 – $29,200 /mo

General

Offices & Coworking at 3550 Lenox Road

40 – 132 SF

$200 – $1,200 /mo

Coworking

Executive Suites at 2645 Dallas Hwy

219 – 234 SF

$500 /mo

Coworking General

Waterstone

286 – 2,916 SF

$600 – $5,300 /mo

Coworking General

Olde Towne Pkwy

385 – 8,871 SF

$500 – $12,200 /mo

General

+/-6,490 SF OFFICE/RETAIL PROPERTY FOR LEASE

1,500 – 6,490 SF

- /mo

General

Roswell Rd

2,051 – 2,374 SF

$2,600 – $3,000 /mo

General

CoWorking at 7000 Central Pkwy

40 – 500 SF

$200 – $4,600 /mo

Coworking

CoWorking at 675 Ponce De Leon Ave NE

50 – 500 SF

$200 – $6,500 /mo

Coworking

Satellite Promenade

1,200 – 2,660 SF

$2,700 /mo

General Storefront

Dunwoody Pl

1,800 SF

$2,600 /mo

General

Offices & Coworking at 3225 Cumberland Boulevard

40 – 175 SF

$200 – $1,200 /mo

Coworking

Parklake Drive

630 – 8,005 SF

$1,000 – $12,000 /mo

General

Parklake Drive

8,021 – 10,195 SF

$12,000 – $15,300 /mo

Creative General

Suite Rates in Atlanta

Suite Sizes in Atlanta

Neighborhood Comparison

Neighborhood	Average Available SQFT	Average Rate / SQFT PER Month	NUMBER OF AVAILABLE SUITES
Acworth	2,100	$1.12 / SF	51
Alpharetta	3,100	$2.18 / SF	364
Atlantic Station	4,600	$3.83 / SF	93
Bankhead	3,700	-	< 30
Brookhaven	4,300	$3.01 / SF	368
Buckhead	3,400	$2.94 / SF	620
Central Perimeter	3,100	$2.18 / SF	705
Chamblee	2,800	$1.82 / SF	104
Cumberland	3,100	$2.43 / SF	264
Decatur	1,300	$2.38 / SF	86
Doraville	3,700	$0.90 / SF	33
Downtown	3,400	$2.16 / SF	321
Druid Hills	-	-	< 30
East Atlanta	1,500	-	< 30
East Cobb	1,500	$1.44 / SF	46
East Lake	800	$1.39 / SF	< 30
Edgewood	1,800	$2.54 / SF	< 30
Galleria	3,100	$2.43 / SF	264
Grant Park	2,300	$2.88 / SF	< 30
Greenbriar	-	-	< 30
Gresham Park	-	-	< 30
Gwinnett	3,300	$1.31 / SF	346
Inman Park	2,400	$2.16 / SF	< 30
Johns Creek	2,900	$1.65 / SF	122
Kirkwood	1,800	$2.54 / SF	< 30
Lakewood Heights	5,500	$1.50 / SF	< 30
Lenox	4,500	$3.16 / SF	175
Little Five Points	3,000	$2.95 / SF	< 30
Marietta	2,400	$1.62 / SF	292
Midtown	3,600	$2.82 / SF	427
Midtown	3,600	$2.82 / SF	427
Milton	5,100	$2.29 / SF	< 30
North Buckhead	4,400	$2.88 / SF	346
North Fulton	2,900	$1.83 / SF	702
Northlake	2,000	$1.64 / SF	122
Northwest Atlanta	3,100	$2.43 / SF	264
Old Fourth Ward	2,300	$3.29 / SF	105
Paces	5,800	$2.46 / SF	< 30
Peachtree Center	3,700	$2.15 / SF	206
Peachtree Corners	2,300	$1.23 / SF	226
Peachtree Park	3,400	$3.04 / SF	110
Piedmont Heights	2,500	-	< 30
Pittsburgh	400	-	< 30
Roswell	2,900	$1.75 / SF	281
Sandy Springs	2,700	$2.12 / SF	528
Snellville	2,200	$0.98 / SF	92
South Atlanta	5,500	$1.50 / SF	< 30
Summerhill	2,600	$2.50 / SF	< 30
Sweet Auburn	5,400	$1.87 / SF	< 30
Sylvan Hills	1,000	-	< 30
Toco Hills	1,600	-	< 30
Underwood Hills	2,500	$2.03 / SF	48
Virginia Highlands	2,300	$2.25 / 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.