Skip to main content Skip to footer

Atlanta Real Estate Market Trends | Northeast Atlanta Office Q3 2021

Download Report
NortheastATL_20192

Northeast Atlanta sees strongest quarterly gain since 2008.

Thanks to some large occupancies in Q3, Northeast Atlanta saw its highest quarterly absorption since 2008. The 270,173-square feet of space absorbed was the third highest amount in the Atlanta market. Intuitive Surgical accounted for almost half of this amount as the company occupied two buildings in the Lakeside at Spalding Triangle campus where it is expanding its footprint and adding 1,200 jobs. Overall vacancy in the submarket is now below 15% for the first time in 13 years. With leasing activity holding strong, Northeast Atlanta should see the positive activity continue into the new year.

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

  • Current vacancy rates and availability
  • Absorption and office leasing activity
  • Current average office rental rates
  • Office building construction activity
  • Sales activity and current office building cap rates

Download the full Colliers Atlanta Northeast Atlanta Office Market Report to learn more about the fundamentals shaping the Norcross, Duluth and Lawrenceville area office submarket of Atlanta, GA.


Card Image 2021 Q38

Atlanta Real Estate Market Trends | Northeast Atlanta Office Q3 2021

Download Report
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.

View expert