Atlanta skyline

ATLANTA—Atlanta's suburban and urban—Buckhead and Midtown—markets ranked among the top five US growth markets. So says CBRE's Global Prime Office Rents report. The three other growth markets were Chicago, Seattle suburban, and Seattle downtown.

Atlanta's suburbs came in as a top 20 market globally when studying the year-over-year change in office rents (8.4%). Buckhead and Midtown were #21 globally (7.5%).

“Because of the current market dynamics, landlords in Atlanta are more emboldened to increase rents than they have been in the past 20 years,” Sabrina Gibson, CBRE senior associate of Advisory & Transaction Services, Investor Leasing, tells GlobeSt.com. “Concessions are trending in their favor, which is not the case in some other major markets, and which makes Atlanta a favorable place for landlords. For owners willing to take risks, and those who understand the local market fundamentals, there are unprecedented opportunities to capitalize on the increased demand for non-commodity office product in Atlanta's urban and suburban markets.”

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