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Atlanta Real Estate Market Trends | North Fulton Office Q2 2020

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NFulton_2019

Absorption flattens, vacancy continues upwards for North Fulton.

It was somewhat of an uneventful quarter for North Fulton in terms of absorption. Although it was negative for a third consecutive period, the modest loss is more manageable compared to the previous two quarters which saw over 250,000 square feet of negative absorption. With Kimball Place delivering vacant in the second quarter, North Fulton’s overall vacancy rate increased to 16.6% which is the highest it has been since 2012. In spite of this, rental rates continue to trend upwards, even with elevated availability levels. The third quarter should see a return to positive absorption given Global Payments’ anticipated occupancy.

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

  • Vacancy and availability rates
  • Absorption and leasing activity
  • Office rental rates
  • Construction activity
  • Sales activity and cap rates
  • North Fulton office predictions and forecasts

Download the full Colliers Atlanta North Fulton Office Market Report to learn more about the fundamentals shaping the Alpharetta, Cummings and Roswell area office submarket of Atlanta, GA.  


2021Q2OfficeNorthFulton

Atlanta Real Estate Market Trends | North Fulton Office Q2 2020

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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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