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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.
TenantBase is a technology enabled office space brokerage built specifically for tenants. We make the commercial office space search and lease process easier by combining our unique technology with experienced local commercial real estate advisors.
Neighborhood | Average Available SQFT | Average Rate / SQFT PER Month | NUMBER OF AVAILABLE SUITES |
---|---|---|---|
Acworth | 1,900 | $1.16 / SF | 47 |
Alpharetta | 3,300 | $2.19 / SF | 383 |
Atlantic Station | 4,500 | $3.85 / SF | 89 |
Bankhead | 28,000 | $2.50 / SF | < 30 |
Brookhaven | 4,000 | $3.01 / SF | 410 |
Buckhead | 3,000 | $2.84 / SF | 658 |
Central Perimeter | 3,000 | $2.17 / SF | 699 |
Chamblee | 2,700 | $1.89 / SF | 108 |
Cumberland | 3,200 | $2.44 / SF | 272 |
Decatur | 1,700 | $2.40 / SF | 75 |
Doraville | 3,800 | $0.89 / SF | 32 |
Downtown | 3,600 | $2.29 / SF | 321 |
Druid Hills | - | - | < 30 |
East Atlanta | 1,500 | - | < 30 |
East Cobb | 1,700 | $1.43 / SF | 55 |
East Lake | 800 | $1.39 / SF | < 30 |
Edgewood | 1,700 | $2.55 / SF | < 30 |
Galleria | 3,200 | $2.44 / SF | 272 |
Grant Park | 1,900 | $2.40 / SF | < 30 |
Greenbriar | - | - | < 30 |
Gresham Park | - | - | < 30 |
Gwinnett | 3,200 | $1.37 / SF | 387 |
Inman Park | 2,600 | $2.71 / SF | < 30 |
Johns Creek | 2,800 | $1.68 / SF | 121 |
Kirkwood | 1,700 | $2.55 / SF | < 30 |
Lakewood Heights | 5,500 | $1.50 / SF | < 30 |
Lenox | 4,000 | $3.18 / SF | 217 |
Little Five Points | 3,000 | $2.95 / SF | < 30 |
Marietta | 2,200 | $1.55 / SF | 320 |
Midtown | 3,500 | $3.01 / SF | 406 |
Midtown | 3,500 | $3.01 / SF | 406 |
Milton | 4,100 | $2.29 / SF | < 30 |
North Buckhead | 3,800 | $2.84 / SF | 382 |
North Fulton | 2,800 | $1.82 / SF | 747 |
Northlake | 1,900 | $1.55 / SF | 139 |
Northwest Atlanta | 3,200 | $2.44 / SF | 272 |
Old Fourth Ward | 2,300 | $2.55 / SF | 118 |
Paces | 5,800 | $2.46 / SF | < 30 |
Peachtree Center | 4,300 | $2.20 / SF | 191 |
Peachtree Corners | 2,800 | $1.48 / SF | 212 |
Peachtree Park | 2,700 | $3.03 / SF | 104 |
Piedmont Heights | 2,100 | - | < 30 |
Pittsburgh | 400 | - | < 30 |
Roswell | 2,700 | $1.75 / SF | 295 |
Sandy Springs | 2,800 | $2.11 / SF | 530 |
Snellville | 2,300 | $1.29 / SF | 100 |
South Atlanta | 5,500 | $1.50 / SF | < 30 |
Summerhill | 2,500 | $1.92 / SF | < 30 |
Sweet Auburn | 21,000 | $2.78 / SF | < 30 |
Sylvan Hills | 1,000 | - | < 30 |
Toco Hills | 1,600 | - | < 30 |
Underwood Hills | 2,500 | $2.26 / SF | 48 |
Virginia Highlands | 2,000 | $2.22 / SF | < 30 |
Associate Advisor
Associate Advisor
Advisor
Senior Advisor
Associate Advisor
Associate Advisor
Senior Advisor
Vice President
Market Lead
3520 Piedmont Rd NE, Suite 275
Atlanta, GA 30305
Phone: (404) 369-0041
Email: contactAtlanta@tenantbase.com
License #01998018