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Submarket Overview

United States | Atlanta, GA

Report | Atlanta Northlake View From Above - Q1 2011

Summary

Demand has been faltering over the last two years in Northlake and first quarter 2011 saw that trend continue with 52,000 square feet of occupancy losses. Many of the typical Northlake occupiers in the business services and technical industries have chosen to relocate employees to work from home to save on operating costs. Despite the weak fundamentals, activity is beginning to pick up in Northlake as some business owners become more confident in returning to a pattern of growth. Tenants shopping the market in the 10,000- to 25,000-square-foot range have been particularly active here in recent months and demand is likely to improve as these occupiers make their leasing commitments.  

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