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Atlanta Real Estate Market Trends | North Fulton Office Q3 2021

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NFulton_2019

North Fulton sees second highest occupancy gains in Atlanta this quarter.

With its highest quarterly amount of space absorption in six years, North Fulton saw the second highest occupancy gain in the market in Q3. The +326,000-square feet was mostly the result of two large move-ins. Global Payments relocated from Central Perimeter into 228,000-square-foot of office space at Windward, and Quikrete purchased their own 144,000-square-foot building in Johns Creek in September. The overall vacancy rate for the submarket is back below 16% thanks to these occupancies. Class A rents are up slightly to a new record; however, increases appear to be slowing. Overall, the submarket should finish the year with a net occupancy gain.

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.  


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Atlanta Real Estate Market Trends | North Fulton Office Q3 2021

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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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