ATLANTA—Millennials make up 30% of Midtown Atlanta, according to CBRE's first quarter office report. That percentage is higher than all Atlanta submarkets and contributes to what CBRE is calling the metro's lowest office vacancy in eight years.

As many companies are becoming increasingly aware of this generation's preferences and the pool of talent in Midtown, they find ways to adapt. Sometimes they adapt through development. Other times they adapt through strategic real estate decisions and relocations.

“Despite some large block scarcity in core submarkets, office vacancy and rents still have some runway left before significant additions to the market take place,” Travis Deese, senior research analyst with CBRE's Atlanta office, tells GlobeSt.com. “We expect fundamentals in the core markets for both product types to continue improving in the near future, and for class B and C properties to feel some of the same positive effects, to a smaller degree.”

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