Figures

Atlanta Office Figures Q1 2025

April 14, 2025 10 Minute Read

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‒ Although office availability remains elevated at 32.5% in Q1, this rate has nearly plateaued Y-o-Y as tenant consolidations wane and lease volume improves.
‒ Building on the previous quarter, absorption held at -30K sq. ft. in Q1, indicating ongoing market stabilization.
‒ Despite elevated availability, asking rates increased to $32.84 per sq. ft., a 3% rise Y-o-Y. Alongside this, prime building rates rose by 1.7% Q-o-Q, emphasizing flight-to-capital.