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Office Space for Rent in Atlanta, GA - 743 Listings

Atlanta, GA Office Overview

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The Atlanta real estate market includes the Downtown Atlanta, Midtown, and Marietta Street commercial real estate submarkets. With a metropolitan population of over 5.7 million people, the economy of Atlanta is strong and vibrant, and the Atlanta commercial real estate market is seeing consistent demand from white collar employers in the financial services, technology, and telecommunications industries.

As of mid-2017, the Greater Atlanta commercial real estate market encompasses over 108 million square feet of existing office space, in properties larger than 50,000 square feet. As both the capital and the most populous city in Georgia, the office market in Atlanta continues to see strong demand from its diverse business community.

Atlanta, GA Office Inventory Description

Atlanta is a primary transportation hub in the Southern U.S., with an integrated system of highway, railroad and air transport, and generates a gross metropolitan product of nearly $304 billion annually, creating a tremendous demand for office employment. Nearly 82% of the office space in Atlanta is Class A, while Class B properties add another 18% of Atlanta office space inventory.

The Downtown Business District and the Midtown commercial real estate submarkets are two of the densest areas for Class A office space in Atlanta, and are home to trophy properties such as One Atlantic Center, the 1075 Peachtree office building, and the Centennial Tower. Coca- Cola, one of the best known companies worldwide, has its corporate headquarters in Downtown Atlanta at One Coca-Cola Plaza.

Atlanta, GA Commercial Inventory Breakdown

Office Spaces

Total: 160,124,385 SF

Data provided by Yardi Matrix, properties over 50k SF, includes office with retail

By square footage range:

  • 50k to 100k SF: 12,018,381 SF / 7.51% of total office
  • 100k to 500k SF: 86,763,582 SF / 54.19% of total office
  • 500k to 1M SF: 37,988,416 SF / 23.72% of total office
  • > 1M SF: 23,354,006 SF / 14.58% of total office

By class:

  • Class A+: 13,141,075 SF / 8.21% of total office
  • Class A: 92,667,291 SF / 57.87% of total office
  • Class B: 22,004,575 SF / 13.74% of total office
  • Class C: 2,956,546 SF / 1.85% of total office

Top 10 Largest Office Buildings

in Atlanta

Office building Address Sqft Year built
Centennial Yards 30 Springs Street NW, 30303 9,000,000 n/a
AT&T Building 675 West Peachtree Street NW, 30375 2,295,032 1975
1117 Perimeter Center West 1117 Perimeter Center West, 30338 1,700,000 n/a
Bank of America Plaza 600 Peachtree Street NE, 30308 1,312,230 1992
SunTrust Plaza Tower 303 Peachtree Street NE, 30308 1,249,022 1992
State Farm at Park Center - Phase II 245 Perimeter Center Pkwy, 30346 1,160,000 2021
Georgia-Pacific Center 133 Peachtree Street NE, 30303 1,133,840 1982
760 Ralph McGill 760 Ralph McGill Blvd NE, 30312 1,100,000 n/a
Ponce City Market 675 Ponce de Leon Avenue NE, 30308 1,081,425 2014
50 Ivan Allen Jr Blvd 50 Ivan Allen Jr. Blvd, 30308 1,000,000 n/a

Most Recently-Built Office Buildings

in Atlanta

Office building Address Sqft Year built
Spring @ 8th - Phase I 864 Spring Street NW, 30308 485,000 2018
Center for Advanced Pediatrics 1400 Tullie Road NE, 30329 260,000 2018
Spring @ 8th - Phase II 864 Spring Street NW, 30308 250,000 2018
The Battery Atlanta - 2605 Circle 75 Pkwy 2605 Circle 75 Pkwy, 30339 244,568 2018
Mercedes-Benz Headquarters 1 Mercedes-Benz Drive, 30328 225,000 2018
3400 Cumberland Blvd 3400 Cumberland Blvd, 30339 222,500 2018
Northside Midtown Medical Office Building 1110 West Peachtree Street NW, 30309 179,619 2018
371 East Paces Ferry 371 East Paces Ferry Road NE, 30305 119,199 2018
Trackside 5170 Peachtree Road, 30341 93,000 2018
Corporate Square - Building 11 11 Corporate Blvd NE, 30329 90,565 2018

Atlanta, GA Green Office Space

Employment

Of the Top 30 Green Office Markets in the U.S., Atlanta ranks #4 for energy efficient office buildings. While just over 6% of the office buildings larger than 50,000 square feet are LEED certified, over 24% rank as Energy Star Certified and over 26% are recognized as green buildings.

The Georgia Chapter of the U.S. Green Building Council occupies office space on Peachtree Street, in a LEED Platinum-certified property. As both tenants and investors seek out certified green office assets for their portfolios, the green office trend continues to accelerate in Atlanta.

The 2017 National Green Building Adoption Index looked at commercial office properties in 30 major U.S. markets and found that, including EPA Energy Star-labeled buildings, the percentage of green certification has increased from below 5% in 2005 to 38% as of mid-2017. Atlanta has placed 4th on this survey.

Atlanta, GA’s Top Office-Using Sectors

Significant demand for Class A office space in Atlanta comes from the financial services, traditional and new technology, telecommunications, and corporate headquarters user segments.

  • Financial Services – SunTrust Banks, Wells Fargo, Bank of America all have a significant presence in the city and create strong demand for Class A office space in Atlanta.
  • Technology – Well-known media and information technology companies that call Atlanta home include CNN, the Turner Broadcasting System, Cox Enterprises, and United Parcel Services.
  • Telecommunications – Telecommunications and logistics play a major role in supporting the integrated transport network of Atlanta and the entire Southern U.S., with companies such as Level 3 Communications, XO Communications, and Equinix creating demand for Atlanta office space.
  • Corporate Headquarters – Some of the better-known companies with corporate headquarters located in Atlanta include Coca-Cola, The Home Depot, UPS, and Chick-fil- A, all large users of Class A office space in Atlanta.

Atlanta Demographics

Population

  • Total Population465,230
  • Male Population(49.0 %) 228,038
  • Female Population(51.0 %) 237,192
  • Median Age33.50

Income/Financial

  • Average Household Income$92,186
  • Median Household Income$51,701
  • Median Income Under 25$24,839
  • Median Income 25-44$62,706
  • Median Income 45-64$54,820
  • Median Income Over 65$32,367

News

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