Atlanta is turning the proverbial corner of the pandemic-induced downturn.
- Q3 was the first quarter to see positive absorption in both urban and suburban Atlanta.
- Leasing activity remained robust and demand for newer construction was healthy, with more than 1.1M square feet of activity in 2021 in properties built in the last 10 years.
- Developers capitalized on corporate return-to-office timelines and tenant interest in Midtown, a submarket that boasts more than half of the new construction square footage.
For more on Atlanta’s office market recovery and trends to look out for, download JLL’s Atlanta Q3 Office Insights report.
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