Atlanta Office Market Report
By CREhunt Research · Data through Q2 2026 · Aggregated from Cushman & Wakefield, CBRE, Colliers, Partners Real Estate, JLL, Savills, Newmark, Lee & Associates, Cresa, Avison Young
Quarterly office market indicators for Atlanta, aggregated by CREhunt from Cushman & Wakefield, CBRE, Colliers, Partners Real Estate, JLL, Savills, Newmark, Lee & Associates, Cresa, Avison Young. As of Q2 2026, average asking rent was $33.46/SF/yr and vacancy was 24.9%, per Cushman & Wakefield.
Projected current office pricing — Atlanta
Modeled estimate (income approach) shown as a range — not an appraisal. Projected asking rent × occupancy × net-operating-income margin band ÷ market cap rate, from Q2 2026 multiple brokerages data (cap rate 7.8%, asking rent trend-adjusted to today). Assumes ~75% occupancy and a 50–65% net-operating-income margin.
| Quarter | Asking rent | Vacancy | Net absorption | Under constr. | Source |
|---|---|---|---|---|---|
| Q2 2026 Cushman & Wakefield | $33.46/SF/yr | 24.9% | 299K SF | — | Cushman & Wakefield |
| Q2 2026 CBRE | $33.77/SF/yr | — | — | — | CBRE |
| Q1 2026 Cushman & Wakefield | $33.26/SF/yr | 25.0% | 109K SF | — | Cushman & Wakefield |
| Q1 2026 Colliers | — | 5.4% | 0 SF | — | Colliers |
| Q1 2026 Partners Real Estate | $33.09/SF/yr | 26.5% | 487K SF | — | Partners Real Estate |
| Q1 2026 JLL | $34.26/SF/yr | 26.8% | 86K SF | — | JLL |
| Q1 2026 Savills | — | — | 2.5M SF | — | Savills |
| Q1 2026 CBRE | $33.75/SF/yr | 33.1% | — | — | CBRE |
| Q4 2025 Newmark | $33.30/SF/yr | 26.3% | 283K SF | — | Newmark |
| Q4 2025 Lee & Associates | — | 25.0% | — | — | Lee & Associates |
| Q4 2025 Cresa | $29.49/SF/yr | 16.8% | — | — | Cresa |
| Q4 2025 Avison Young | $33.95/SF/yr | 29.8% | -475K SF | — | Avison Young |
| Q4 2025 Partners Real Estate | $32.73/SF/yr | 26.8% | 212K SF | — | Partners Real Estate |
| Q4 2025 Cushman & Wakefield | $32.98/SF/yr | 25.0% | 829K SF | — | Cushman & Wakefield |
| Q4 2025 CBRE | $33.71/SF/yr | — | — | — | CBRE |
| Q3 2025 Cushman & Wakefield | $32.96/SF/yr | 25.0% | 101K SF | — | Cushman & Wakefield |
| Q3 2025 Partners Real Estate | $32.38/SF/yr | 26.5% | -84K SF | — | Partners Real Estate |
| Q2 2025 Newmark | $32.62/SF/yr | 26.5% | -94K SF | — | Newmark |
| Q2 2025 Savills | — | — | 1.9M SF | — | Savills |
| Q2 2025 Lee & Associates | $30.22/SF/yr | 24.9% | — | — | Lee & Associates |
| Q2 2025 Partners Real Estate | $32.41/SF/yr | 26.9% | 15K SF | — | Partners Real Estate |
| Q2 2025 Cushman & Wakefield | $33.10/SF/yr | 24.8% | 854K SF | — | Cushman & Wakefield |
| Q1 2025 Cushman & Wakefield | $33.43/SF/yr | 31.4% | 1 SF | — | Cushman & Wakefield |
| Q1 2025 Newmark | $32.40/SF/yr | 26.5% | -641K SF | — | Newmark |
Office asking rents by submarket
The newest asking rent a named brokerage's report published for each Atlanta office submarket, with its publisher and quarter. Submarkets whose newest figure cannot be attributed, or falls outside a plausible range, are left out.
| Submarket | Asking rent | Source |
|---|---|---|
| Airport/South Atlanta | $24.30/SF/yr Cushman & Wakefield · Q2 2026 | Cushman & Wakefield, Q2 2026 |
| Buckhead | $39.74/SF/yr Cushman & Wakefield · Q2 2026 | Cushman & Wakefield, Q2 2026 |
| Central Perimeter | $30.83/SF/yr Cushman & Wakefield · Q2 2026 | Cushman & Wakefield, Q2 2026 |
| Cumberland/Galleria | $30.29/SF/yr CBRE · Q1 2026 | CBRE, Q1 2026 |
| Downtown | $31.36/SF/yr Cushman & Wakefield · Q2 2026 | Cushman & Wakefield, Q2 2026 |
| East Atlanta | $22.85/SF/yr CBRE · Q1 2026 | CBRE, Q1 2026 |
| East Cobb/Johnson Ferry | $19.82/SF/yr CBRE · Q1 2026 | CBRE, Q1 2026 |
| Georgia 400 Corridor | $27.07/SF/yr Cushman & Wakefield · Q2 2026 | Cushman & Wakefield, Q2 2026 |
| Midtown | $46.15/SF/yr Cushman & Wakefield · Q2 2026 | Cushman & Wakefield, Q2 2026 |
| Midtown West | $49.36/SF/yr CBRE · Q1 2026 | CBRE, Q1 2026 |
| North Fulton | $26.84/SF/yr CBRE · Q1 2026 | CBRE, Q1 2026 |
| Northeast | $22.46/SF/yr CBRE · Q1 2026 | CBRE, Q1 2026 |
| Northeast Atlanta | $21.96/SF/yr Cushman & Wakefield · Q2 2026 | Cushman & Wakefield, Q2 2026 |
| Northlake | $26.66/SF/yr CBRE · Q1 2026 | CBRE, Q1 2026 |
| Northlake/Decatur | $24.19/SF/yr Cushman & Wakefield · Q2 2026 | Cushman & Wakefield, Q2 2026 |
| Northwest | $28.58/SF/yr CBRE · Q1 2026 | CBRE, Q1 2026 |
| Northwest Atlanta | $28.65/SF/yr Cushman & Wakefield · Q2 2026 | Cushman & Wakefield, Q2 2026 |
| Peachtree Corners | $21.98/SF/yr CBRE · Q1 2026 | CBRE, Q1 2026 |
| West Atlanta | $28.77/SF/yr CBRE · Q1 2026 | CBRE, Q1 2026 |
How the brokerage sources compare
For Q2 2026, the brokerages CREhunt aggregates for Atlanta office did not fully agree. Asking-rent estimates differ by $0.31/SF/yr — from $33.46/SF/yr to $33.77/SF/yr. CREhunt reconciles these into a single consensus median rather than relying on any one brokerage.
| Source | Vacancy | Asking rent | Cap rate |
|---|---|---|---|
| CBRE | — | $33.77/SF/yr | — |
| Cushman & Wakefield | 24.9% | $33.46/SF/yr | — |
Per-brokerage figures for Q2 2026, aggregated from published brokerage market reports.
Frequently asked questions
- What is the average asking rent for office space in Atlanta?
- As of Q2 2026, the average asking rent for office space in Atlanta was $33.46/SF/yr, per Cushman & Wakefield.
- What is the office vacancy rate in Atlanta?
- The office vacancy rate in Atlanta was 24.9% as of Q2 2026 (Cushman & Wakefield).
- Where does CREhunt's Atlanta market data come from?
- This report aggregates quarterly office market data for Atlanta from Cushman & Wakefield, CBRE, Colliers, Partners Real Estate, JLL, Savills, Newmark, Lee & Associates, Cresa, Avison Young.
- How much do brokerage estimates differ for office space in Atlanta?
- For Q2 2026, the brokerage sources CREhunt aggregates for Atlanta did not fully agree. Asking-rent estimates differ by $0.31/SF/yr — from $33.46/SF/yr to $33.77/SF/yr. CREhunt reconciles these into a single consensus median rather than relying on any one brokerage.