Atlanta Office Market Report
By PropZone Research · Data through Q1 2026 · Aggregated from Lpc, Lee Associates, Colliers, Partnersrealestate, Cushman & Wakefield, Partners Real Estate, CBRE, Newmark
Quarterly office market indicators for Atlanta, aggregated by PropZone from Lpc, Lee Associates, Colliers, Partnersrealestate, Cushman & Wakefield, Partners Real Estate, CBRE, Newmark. As of Q1 2026, average asking rent was — with a 25.8% vacancy rate.
Projected current office pricing — Atlanta
low confidenceProjected asking rent
$36.10/SF/yr
Estimated sale value
$183–$238/SF
Modeled estimate (income approach) shown as a range — not an appraisal. Projected asking rent × occupancy × net-operating-income margin band ÷ market cap rate, from Q1 2026 Lee Associates data (cap rate 7.8%, asking rent held flat). Assumes ~79% occupancy and a 50–65% net-operating-income margin.
| Quarter | Asking rent | Vacancy | Net absorption | Under constr. | Source |
|---|---|---|---|---|---|
| Q1 2026 | — | 25.8% | 0K SF | — | Lpc |
| Q1 2026 | $36.10/SF | 21.0% | 0K SF | — | Lee Associates |
| Q1 2026 | — | 5.4% | 0K SF | — | Colliers |
| Q1 2026 | — | 26.5% | 487K SF | — | Partnersrealestate |
| Q1 2026 | $7.38/SF | 7.6% | 0K SF | — | Cushman & Wakefield |
| Q4 2025 | — | 26.5% | -84K SF | — | Partnersrealestate |
| Q4 2025 | $33.50/SF | 25.8% | — | — | Partners Real Estate |
| Q4 2025 | — | 25.0% | 101K SF | — | Cushman & Wakefield |
| Q4 2025 | $33.71/SF | — | — | — | CBRE |
| Q4 2025 | $33.30/SF | — | 283K SF | — | Newmark |
| Q2 2025 | $32.62/SF | — | -94K SF | — | Newmark |
| Q1 2025 | $32.40/SF | — | -641K SF | — | Newmark |
| Q4 2024 | $32.98/SF | — | — | — | Newmark |
| Q3 2024 | $32.28/SF | — | — | — | Newmark |
| Q2 2024 | $32.14/SF | — | — | — | Newmark |
| Q1 2024 | $31.75/SF | — | — | — | Newmark |
| Q4 2023 | $31.79/SF | — | — | — | Newmark |
| Q3 2023 | $31.54/SF | — | — | — | Newmark |
| Q2 2023 | $31.30/SF | — | — | — | Newmark |
| Q1 2022 | $30.00/SF | — | -68K SF | — | Newmark |
| Q3 2020 | $182.00/SF | 11.9% | 150K SF | — | Lee Associates |
| Q3 2020 | $23.85/SF | 7.5% | 214K SF | — | Colliers |
| Q2 2020 | — | — | — | — | Cushman & Wakefield |
| Q3 2019 | $22.00/SF | 25.2% | -36K SF | — | Cushman & Wakefield |
Frequently asked questions
- What is the average asking rent for office space in Atlanta?
- PropZone aggregates office asking-rent data for Atlanta from major brokerage market reports; see the quarterly table for the latest available figures.
- What is the office vacancy rate in Atlanta?
- The office vacancy rate in Atlanta was 25.8% as of Q1 2026 (Lpc).
- Where does PropZone's Atlanta market data come from?
- This report aggregates quarterly office market data for Atlanta from Lpc, Lee Associates, Colliers, Partnersrealestate, Cushman & Wakefield, Partners Real Estate, CBRE, Newmark.
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