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How Can Class A Landlords Stop the Class B Tenant Bleed?

ATLANTA—“We are seeing all sorts of tenants from banking and financial services, to healthcare to media and marketing groups choose to relocate to class B properties because of costs.”

By Jennifer LeClaire | jenniferleclaire | Updated on January 30, 2017

Sanctuary Park has been institutionally owned, developed and maintained for nearly 20 years. Sanctuary Park has been institutionally owned, developed and maintained for nearly 20 years.

ATLANTA—Future absorption levels of class B office space are expected to ramp up as construction projects are completed and leases commence for several large tenants. That’s according to PMRG Atlanta.

The firm’s latest study predict landlords will maintain the upper hand in lease negotiations for quality space in the most desirable submarkets with fewer concessions being offered and rental rates trending upwards. Corporate users seeking large space options in highly desired areas will either have to wait on new speculative construction or consider class B space options to satisfy their requirements.

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