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.

About TenantBase

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.

Popular Office Space in the Atlanta Market

Waterstone

208 – 10,592 SF

$500 – $17,800 /mo

Executive Suite Coworking Traditional

Meridian

212 – 5,866 SF

$400 – $10,700 /mo

Executive Suite Coworking Storefront Traditional

Parklake Drive

209 – 19,393 SF

$400 – $26,800 /mo

Executive Suite Coworking Traditional

CoWorking @ 101 Marietta St NW

50 – 400 SF

- /mo

Executive Suite Coworking

CoWorking @ 1175 Peachtree St NE

50 – 400 SF

$300 – $1,500 /mo

Executive Suite Coworking

Parklake Drive

158 – 8,005 SF

$300 – $7,200 /mo

Traditional

CoWorking @ 3280 Peachtree Rd NE

50 – 500 SF

$300 – $2,400 /mo

Executive Suite Coworking

CoWorking at 1447 Peachtree St NE

50 – 300 SF

$400 – $2,300 /mo

Executive Suite Coworking

CoWorking at 3225 Cumberland Blvd

50 – 175 SF

$400 – $1,300 /mo

Traditional

CoWorking at 756 W Peachtree St NW

50 – 400 SF

$400 – $2,100 /mo

Executive Suite Coworking

CoWorking at 675 Ponce De Leon Ave NE

50 – 500 SF

$500 – $2,600 /mo

Executive Suite Coworking

CoWorking at 3333 Piedmont Rd NE

50 – 100 SF

$200 – $500 /mo

Executive Suite Coworking

CoWorking @ 3340 Peachtree Rd NE

50 – 500 SF

$200 – $2,400 /mo

Executive Suite Coworking

CoWorking at 976 Brady Ave

50 – 300 SF

$400 – $2,100 /mo

Executive Suite Coworking

River Exchange

297 – 6,732 SF

$600 – $10,000 /mo

Executive Suite Coworking Traditional

Suite Rates in Atlanta

Suite Sizes in Atlanta

Neighborhood Comparison

Neighborhood	Average Available SQFT	Average Rate / SQFT PER Month	NUMBER OF AVAILABLE SUITES
Acworth	3,700	$0.94 / SF	54
Alpharetta	3,600	$2.20 / SF	252
Atlantic Station	5,300	$3.28 / SF	51
Bankhead	1,500	$1.25 / SF	< 30
Brookhaven	3,100	$2.66 / SF	302
Buckhead	2,800	$2.59 / SF	604
Central Perimeter	2,900	$2.13 / SF	580
Chamblee	2,600	$1.92 / SF	142
Cumberland	2,800	$2.14 / SF	215
Decatur	1,100	$2.46 / SF	66
Downtown	3,600	$1.98 / SF	366
Druid Hills	-	-	< 30
East Atlanta	69,000	-	< 30
East Cobb	1,100	$1.46 / SF	56
East Lake	500	$1.20 / SF	< 30
Edgewood	4,100	$1.92 / SF	< 30
Galleria	2,800	$2.14 / SF	215
Greenbriar	1,100	$2.62 / SF	< 30
Gresham Park	-	-	< 30
Gwinnett	2,600	$1.28 / SF	370
Kirkwood	-	-	< 30
Lakewood Heights	-	-	< 30
Lenox	2,900	$2.63 / SF	199
Little Five Points	2,700	$2.15 / SF	< 30
Marietta	2,400	$1.24 / SF	245
Midtown	2,700	$2.88 / SF	306
North Buckhead	2,700	$2.45 / SF	336
North Fulton	2,000	$1.14 / SF	204
Northlake	2,200	$1.76 / SF	162
Northwest Atlanta	2,800	$2.14 / SF	215
Old Fourth Ward	3,500	$2.65 / SF	86
Paces	7,200	$2.33 / SF	< 30
Peachtree Center	3,400	$1.94 / SF	255
Peachtree Corners	3,300	$1.28 / SF	191
Peachtree Park	2,500	$2.96 / SF	96
Piedmont Heights	2,100	$2.00 / SF	< 30
Pittsburgh	16,000	$0.83 / SF	< 30
Roswell	2,500	$1.39 / SF	234
Sandy Springs	2,600	$1.93 / SF	366
Snellville	2,100	$1.27 / SF	134
South Atlanta	-	-	< 30
Summerhill	2,700	$1.60 / SF	< 30
Sweet Auburn	12,000	$2.47 / SF	< 30
Sylvan Hills	1,100	$1.43 / SF	< 30
Toco Hills	-	-	< 30
Underwood Hills	4,600	$1.88 / SF	48
Virginia Highlands	1,900	$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.