Class A Offices in Atlanta in High Demand
The past year has been great for Atlanta Class A Offices and other commercial office spaces in demand. The City of Atlanta ranks sixth in the United States for the most net absorption. Atlanta trails only after giants such as New York, Dallas-Fort Worth, and Seattle. Boston and San Francisco ranked lower than Atlanta. This information won’t come as a surprise to locals that have witnessed the ongoing Class A Office construction and ever-expanding Atlanta skyline. As a result, companies are flocking to the “Empire State of the South,” better known as Atlanta.
Class A Office Square Footage in the Millions
According to Costar, the leading commercial listing service for the Atlanta area, 2.82 million square feet was absorbed in 2019. This figure includes Class A offices and other types of commercial office space. The greatest demand for office leases is near Georgia Tech in Midtown.
What Contributes to Atlanta’s Robust Class A Growth?
There are many factors that can contribute to Atlanta’s attractiveness to industry. A few reasons on the list may be the ease and options offered at Hartsfield-Jackson International Airport. Moreso, residential housing is not inflated in the Greater Metro Atlanta Area like it is in San Francisco. Therefore, the cost of living is much more affordable. Atlanta is also home to a number of people with higher education qualifications who have graduated from top institutions such as Georgia Tech and the University of Georgia.
Interested in Class A leases or other types of office leases in Atlanta?
The Office Advisors takes a different approach to commercial real estate. We exist to make sure that our clients receive an amazing experience when securing their next office. We act as a negotiation expert and a valuable resource for any service needed to secure and build out their office space in Atlanta. As a result, we maintain life-long relationships with our clients. The owner and landlord always have representation, so why shouldn’t you? Our representation is at no cost to the tenant. Call 404-661-2137 or e-mail info@theofficeadvisors.com for more information on finding the right office for you.
