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Atlanta Real Estate Market Trends | Buckhead Office Q2 2022

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Buckhead continues to struggle in Q2.

Following suit to the previous year, Buckhead continues to struggle. After beginning the year at -27,000 square feet of absorption, Buckhead closes the first half of 2022 at -221,757 square feet year to date. Occupancy in the submarket has also declined for the third straight quarter and now rests at 78.7%. This has led overall rental rates to reduce back to $36.92 similar to Q2 of 2021. The silver lining for this submarket has been investment activity. Thanks to the sales of office buildings such as The Pinnacle and 1025 Lenox Park, price per SF and sales volume have continued to increase.

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

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

Download the full Colliers Atlanta Buckhead Office Market Report to learn more about the fundamentals shaping the Buckhead submarket of Atlanta, GA. 

Colliers Buckhead Office Report Q2 2022

Atlanta Real Estate Market Trends | Buckhead Office Q2 2022

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Drew Levine

Senior Vice President, Principal


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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