Report | Atlanta Office Insight - Q1 2016
Overall vacancy rates declined for the 19th consecutive quarter across in Atlanta, with a majority of leasing transactions in Q1 2016 happening outside the city’s core submarkets.
These strong market conditions especially impacted Class B as occupiers diversified their requirements. We expect Class B rates to continue to rise going forward as landlords see tour volumes increase and the availability of large blocks decrease.
Investors meanwhile are finding great opportunists to buy low in some metro submarkets—with the spread between Class A and B rising. Buyers have recently acquired a number of well-located A- and B+ assets, though many are now starting to look beyond top submarkets for greater value.
Learn more about what’s happening right now in Atlanta—and what we can expect over the next couple months—by downloading our Q1 2016 US Office Insight.
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