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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

Cumberland Pkwy SE

893 – 2,233 SF

$2,200 – $7,000 /mo

General Storefront

Peachtree Rd

1,929 SF

- /mo

Storefront

Peachtree Industrial Blvd

1,025 – 6,108 SF

$800 – $3,300 /mo

Flex General Warehouse

Airport Plaza

847 – 2,603 SF

- /mo

General

Vernon Woods Professional Center

808 SF

$1,300 /mo

General

Johnson Ferry Pl

1,130 SF

$1,400 /mo

General

Leland Dr

41 – 406 SF

$300 – $2,800 /mo

General

Roswell Rd

3,716 – 7,500 SF

$4,600 /mo

General

Canton St

910 SF

$1,900 /mo

General

Lawrenceville Hwy

567 – 2,991 SF

$800 – $4,000 /mo

General

Meridian

182 – 5,866 SF

$500 /mo

Coworking General

Lawrenceville Hwy

1,600 SF

- /mo

Storefront

2440 Old Milton Parkway

220 – 2,800 SF

$300 – $4,200 /mo

General

Summit South

400 – 2,561 SF

$600 – $3,700 /mo

General

50 Glenlake

2,486 – 12,131 SF

$5,600 – $27,300 /mo

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	1,400	$1.40 / SF	48
Alpharetta	3,000	$2.22 / SF	389
Atlantic Station	2,500	$2.63 / SF	54
Bankhead	3,700	$2.08 / SF	< 30
Brookhaven	4,900	$2.87 / SF	377
Buckhead	3,800	$2.89 / SF	654
Central Perimeter	3,500	$2.37 / SF	761
Chamblee	3,700	$1.95 / SF	84
Cumberland	2,800	$2.42 / SF	236
Decatur	1,200	$2.29 / SF	74
Doraville	3,500	$1.18 / SF	41
Downtown	4,300	$2.28 / SF	245
Druid Hills	-	-	< 30
East Atlanta	1,800	$3.00 / SF	< 30
East Cobb	1,600	$1.38 / SF	42
East Lake	3,800	-	< 30
Edgewood	1,600	$2.53 / SF	< 30
Galleria	2,800	$2.42 / SF	236
Grant Park	1,400	$1.92 / SF	< 30
Greenbriar	-	-	< 30
Gresham Park	-	-	< 30
Gwinnett	2,500	$1.68 / SF	273
Inman Park	3,200	$2.46 / SF	< 30
Johns Creek	1,400	$1.60 / SF	80
Kirkwood	1,500	$2.69 / SF	< 30
Lakewood Heights	6,000	$1.38 / SF	< 30
Lenox	5,100	$3.04 / SF	195
Little Five Points	2,400	$2.64 / SF	< 30
Marietta	2,000	$1.77 / SF	219
Midtown	3,800	$2.95 / SF	338
Midtown	3,800	$2.95 / SF	338
Milton	3,800	$2.14 / SF	< 30
North Buckhead	4,100	$2.80 / SF	369
North Fulton	2,700	$1.95 / SF	695
Northlake	1,600	$1.85 / SF	158
Northwest Atlanta	2,800	$2.42 / SF	236
Old Fourth Ward	3,700	$3.58 / SF	63
Paces	3,600	$2.25 / SF	< 30
Peachtree Center	3,100	$2.19 / SF	171
Peachtree Corners	2,500	$1.66 / SF	194
Peachtree Park	3,100	$3.33 / SF	195
Piedmont Heights	2,500	-	< 30
Pittsburgh	400	-	< 30
Roswell	2,800	$1.84 / SF	268
Sandy Springs	3,000	$2.19 / SF	616
Snellville	2,100	$1.79 / SF	74
South Atlanta	6,000	$1.38 / SF	< 30
Summerhill	1,400	$1.92 / SF	< 30
Sweet Auburn	7,800	$2.08 / SF	< 30
Sylvan Hills	1,000	-	< 30
Toco Hills	1,600	$1.68 / SF	< 30
Underwood Hills	6,300	$1.96 / SF	36
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.