North Fulton experiences an increase in leasing activity in Q3.
After three consecutive quarters of negative absorption, North Fulton recorded +41k SF of absorption bringing the year-to-date total to -135k SF. In addition to positive absorption, vacancy also declined by 10 basis points to 18.4% from the previous quarter. This turnaround can be attributed to the surge of leasing activity that has taken place recently in the submarket. North Fulton boasts some of Atlanta’s largest lease signings this quarter such as ADP’s 80k SF sublease and Verint System’s 80k SF lease at 5995 Windward Pkwy. This uptick in activity combined with anticipated move ins should result in North Fulton finishing the year on a strong note.
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.