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Atlanta Real Estate Market Trends | Buckhead Office Q2 2021

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Occupancy gains, though modest, return to Buckhead in Q2

After experiencing the largest block of vacancy ever to hit a submarket in a single quarter, Buckhead recovered in Q2 with its first positive quarter of absorption in over a year; albeit at a modest +13,350 square feet. The overall vacancy rate for the submarket remains close to 20%, which is the third highest in Atlanta. Leasing activity has begun to pick up in Buckhead, but some of the larger transactions have been intra-submarket transactions. While the return to positive activity is welcomed, Anthem’s move-out at One Capital City Plaza will again result in an overall occupancy loss for the submarket next quarter.

What you'll learn in this quarter's Buckhead Office Market Report:

  • Vacancy and availability
  • Absorption and leasing activity
  • Rental rates
  • Construction activity
  • Sales activity and cap rates
  • Buckhead Atlanta office predictions and forecasts

Download the full Colliers Atlanta Buckhead Office Market Report to learn more about the fundamentals shaping the Buckhead submarket of Atlanta, GA. 


2021Q2OfficeBuckhead

Atlanta Real Estate Market Trends | Buckhead Office Q2 2021

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Drew Levine

Senior Vice President, Principal

Atlanta

I am a Senior Vice President in the Occupier Services Group, a Colliers group that exclusively represents tenants. I have successfully advised startups, high-growth, and established companies since 2011. My team delivers customized services on local, national, and global levels that allow companies to make well-informed, profit driven real estate decisions. I have been involved in a wide range of transactions, from small acquisitions for startup companies to campus projects for Fortune 500 companies. Our work has included relocation and expansion projects, consolidations and dispositions, headquarter planning, lease terminations and complete portfolio planning strategies for hundreds of leading technology, professional services, and manufacturing companies. We strive to deliver real estate business solutions that: add measurable value, reduce costs, decrease business operating risks, improve workplace performance, expand flexibility, and increase overall profitability.

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