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REA
March 21, 2018  

MARKET SPOTLIGHT: Atlanta-Area Office Properties

The average asking rent has increased for 16 of the past 17 quarters, according to JLL. The cumulative increase was 23%, to $25.56/sf.The Class-A occupancy rate climbed 20 bp in the fourth quarter, to 84.4%. CBRE expects the completion of speculative properties to apply downward pressure in the near term, but adds that overall leasing demand remains strong.In Midtown last year, tenants leased 257,000 sf more than they vacated – the largest...


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