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Suburban Atlanta Suburban Atlanta

​​Beyond The City: Performance Drivers of Suburban Atlanta​

12/19/2024
The suburban Atlanta office market has recorded a wave of large expansions, in-market relocations, and new-to-market investments in recent years. However, demand for larger block spaces has varied by building age as tenants’ needs have evolved to higher quality product. Read the report to learn more about the supply and demand trends in suburban Atlanta.

KEY TAKEAWAYS

Product built or renovated since 2010 has recorded a higher volume of large direct new leases compared to older buildings as firms gravitate to newer spaces that aid in attracting employees back to the office.

Greater demand for properties built or renovated since 2010 has curtailed the availability of large vacant spaces in newer suburban buildings.

The gap between tenant demand and the product available for lease has been amplified by stagnation in suburban office construction. Amid the absence of suburban construction, finding competitive options for today’s occupier has grown increasingly challenging.

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