Flight to quality may create large-block pockets in key Atlanta submarkets

• With the glamour of coworking beginning to abate from a landlord perspective, “traditional” tenants are being sought after with greater care.
• Anthem, Jones Day, Invesco, and Clorox accounted for a combined 500,000 square feet of (pre)leasing this quarter, with Anthem, JD, and Invesco each opting to fill as-yet undeveloped space.
• In Buckhead, One Phipps Plaza broke ground in Q2. This 340,000 square foot tower is likely to draw attention for current occupiers around the submarket who may be seeking upgraded space.

Source: JLL Research