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Atlanta Real Estate Market Trends | Central Perimeter Office Q2 2021

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CPerimeter_2019

Absorption turns positive for Central Perimeter in Q2.

Following three consecutive quarters of occupancy losses, Central Perimeter reversed course in Q2 absorbing just under 265,000 square feet. State Farm’s 429,200 square-foot move into its final phase at its Dunwoody campus was the major contributor to the positive activity. Deluxe also moved into its news headquarters at Glenridge Highlands II this quarter. Vacancy dropped 80 basis points with the positive activity, and the average rental rate increased for a fourth straight quarter. While still relatively modest, overall leasing has begun to pick up in the submarket. This will help with future gains here.

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

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

Download the full Colliers Atlanta Central Perimeter Office Market Report to learn more about the fundamentals shaping the Central Perimeter, Dunwoody and Sandy Springs office submarkets of Atlanta, GA.


2021Q2OfficePerimeter

Atlanta Real Estate Market Trends | Central Perimeter Office Q2 2021

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Scott Amoson

Director - Research

Atlanta

Scott is the Director of Research for Colliers International in Atlanta, Georgia.  In his role, Scott supports all of the company's brokers in the Atlanta office.  He also manages the Research Associate in the company, and mentors an intern annually during the summer.

Scott began his real estate career in 2000 as a research assistant with Richard Bowers & Co., a local brokerage firm.  He joined Colliers International in Atlanta in 2003.  Scott specializes in aiding the company's clients with geographical, informational and analytical research.  With his extensive knowledge, he provides customized research data including:  market trends, lease and sales comparables, plats/ownership information, demographics, prospect information and economic information.  In addition to supporting the company's brokers and staff, his other responsibilities include compiling and writing quarterly market and submarket newsletters, maintaining the company's internal database of over 10,000 sales and lease transactions, and tracking news/trends related to Atlanta's commercial real estate market.  He is frequently called upon by local news sources for his knowledge and expertise of real estate matters in Atlanta.

As a member of the Colliers International Research Council, he advises on quarterly conference calls and provides valuable input on matters directing the research platform for Colliers International.  Scott was recently selected as the Research Ambassador for the Southeast Region as a part of Colliers International's Centers of Excellence platform.

Scott is a native of Atlanta, and enjoys spending time with his wife Lupe and daughter Sienna.  He is an avid golfer and loves vacationing with family.

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