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Office Insight

United States | Atlanta, GA

Report | Atlanta Office Insight - Q2 2011

Summary

After many quarters in which demand was concentrated in just a handful of submarkets, the 360,000-square-foot uptick witnessed during second quarter was spread throughout both the urban and suburban sectors. Healthcare organizations, professional service groups, educational institutions and high-tech businesses are driving the moderate activity as they expand their real estate footprints to support hiring plans that demonstrate a renewed confidence not seen in several years in the Atlanta marketplace. The rest of 2011 should see additional net positive demand, although some submarkets lacking the right tenant base or infrastructure will continue to trail those that are leading the momentum.

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