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Atlanta Real Estate Market Trends | Midtown Atlanta Office Q2 2022

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Midtown records impressive first half of the year.

Midtown closes the first half of the year at an immense 693,000 square feet of space absorbed year-to-date. Also impressively, vacancy dropped an entire 190 basis points from the previous quarter. This is largely due to the anticipated 396,000 square foot move in of Google at 1105 West Peachtree followed by several other midsize occupancies such as MacDermid Graphic Solutions and Outreach Corporation. In addition to this leasing activity, Midtown also claimed the 2nd highest PSF office sale this year with the sale of Atlantic Yards.

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

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

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

Midtown Atlanta Office Report Q2 2022

Atlanta Real Estate Market Trends | Midtown Atlanta 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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