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The Reaction to Rising Rents in a Tightening Market

Demand is not even across the board, but this trend is worth noting.

By Jennifer LeClaire | Updated on October 31, 2017

Downtown Atlanta Downtown Atlanta

ATLANTA—It’s getting harder to find office commercial real estate in Atlanta. Overall office space vacancy declined slightly to 16.4%, according to Transwestern‘s latest report. That, the firm said, is due largely to healthy class A office demand.

Atlanta office space absorption was soft in the third quarter, following a very healthy second quarter. Atlanta reported negative office absorption in the first quarter, but the market reports positive net absorption of about 75,000 square feet year-to-date. That’s essentially flat in a market of this size.

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