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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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Related Experts

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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