Atlanta is a city committed to celebrating its rich history. Traveling through downtown, glimpse into the area’s Civil Rights history with a stop at the Martin Luther King, Jr. National Historic Site, or marvel at Centennial Olympic Park, the home of the 1996 Olympics.
But Atlanta is more than a vibrant historical mecca. It’s a business hub chosen by Fortune 500 companies like Coca-Cola, Delta, and Home Depot. It’s a place to nurture employee and company growth in an affordable, urban setting that’s easily accessible from the suburbs.
To learn more about commercial office space in Atlanta, filter through our real-time listings by neighborhood and number of employees, and check out the rest of our city guide for everything else you need to know about finding office space in Atlanta.
Atlanta Office Space | Lease Data and Trends
How much does office space in Atlanta cost?
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Across all building classes, the average asking rent for Atlanta office space is slightly less than $26 per square foot. Units in Class A buildings rent for around $30 per square foot, though this will vary significantly depending on a range of factors, including office location, building quality (class, age, amenities), and lease term.
During the first half of 2018, Atlanta saw 1.3 million square feet of new office space inventory come to market, while there is another 2.7 million square feet of assets under development. Most of this new construction is in the Atlanta Central Business District, which consists of Downtown, Midtown, and Buckhead.
Overall, Atlanta’s economy is booming, and the second half of 2018 has pushed asking rents above record highs. Most of the increase in price is in Midtown and Buckhead. New construction in the Central Business District is now reaching as much as $50 per square foot.
Given the strong local economy, investors and developers are eager to enter and expand in Atlanta. Downtown will push forward with it’s large-scale projects, and suburban submarkets are beginning to see more experimental ideas take root, such as reversible lanes, creative office space, new greenways/trails, and continued expansion of public transportation infrastructure.
Popular Neighborhoods to Rent Atlanta Office Space
As the city’s central business district, Downtown is a hub for Atlanta’s culture and business scenes. At Downtown’s core, discover Centennial Olympic Park’s Fountain of Rings, a popular spot for employees to enjoy a reprieve from the workday and listen to regular lunchtime concerts. Downtown Atlanta is home to a host of Fortune 500 companies, television networks, and corporate campuses. A strong pull to Downtown office space is its accessibility to public transit.
The average office space in Downtown Atlanta lease for around $28 per square foot, and units in Class A buildings rent for $30 per square foot.
Midtown is Atlanta’s commercial mecca: as the second largest business district in Atlanta, Midtown contains about one-third of the city’s high-rises and 22,000,000 square feet of office space. Companies in Midtown also benefit from the district’s vibrant arts scene, as companies dazzle visiting clients and prospective employees with a neighborhood tour along Peachtree Street. Here, you’ll find big-name shops, fine dining options, quirky bars, and the city’s comedy hotbed.
Known as the shopping capitol of Atlanta, the Buckhead district contains the United State’s highest concentration posh, upscale boutiques. While billions of dollars are spent in this neighborhood alone each year, Buckhead is more than a place to shop. Office spaces for rent in Buckhead are attracting companies from other uptown districts, as the area’s chic style is popular among co-working spaces, agencies, photographers, and other businesses that like to balance work and play. The neighborhood comprises the top section of Atlanta, and commuters can take MARTA’s red line to reach Buckhead.
If you’re searching for flexible office space to grow your business, add Cobb County’s Cumberland/Galleria neighborhood to your list. Home to Atlanta’s Galleria Office Park, this district has a wealth of available office space that ranges from small 800 square foot offices to sizable 500,000 square foot campuses. With easy access to I-75 and I-285, Cumberland/Galleria is a commuter-friendly hub that allows you get where you need to be in greater Atlanta. The submarket is ideal for budget-conscious businesses that still want an Atlanta address.
Northeast of Atlanta’s central business districts, you’ll find Decatur — a progressive city known for it’s seamless blend of the historic and the new. Young professionals are flocking to Decatur for its beautiful historic properties, community festivals, and urban pulse. Not to mention, the creative job market in Decatur is thriving. Decatur’s downtown area experienced a mixed-use boom in the past decade, and Class B office space is on the rise. Located close to the highway, Decatur is an affordable option for up-and-coming companies who are in it for the long haul.
A lush and leafy city in Cobb County, Northwest of Atlanta, Marietta has bloomed into one of the trendiest mixed-use areas in the metro area. Former cotton warehouses have been transformed into office space for art galleries, history museums, boutique retailers, and photography businesses. Marietta is also home to a wealth of museums including the Marietta Museum of History and the Gone with the Wind Museum.
Bordered by the railroad to the north and the Lakewood Heights neighborhood to the south, South Atlanta is the city’s industrial hub. While many office buildings in South Atlanta have spent years flying under the radar, things are changing: last year alone, developers invested nearly $200 million in downtown buildings. With city plans for retail and mixed-use office renovations, companies have upcoming opportunities to be part of the city’s changing social fabric.
Located Northwest of Atlanta’s central neighborhoods, Gwinnett County is a conveniently close alternative for corporate office space. Gwinnett County is home to a wide range of companies and national corporations, as business plazas abound. Duluth, Norcross, and Lawrenceville comprise the main commercial hubs in Gwinnett County, and you can travel between cities using the 141, 120, and I-85.
Not sure about the differences between Class A and Class B office spaces? What about triple net leases and tenant improvement allowance? Check out our Leasopedia and Types of Office Space guide for more about the office space leasing process.
Transportation in Atlanta
Atlanta’s transportation system is complex and sprawling. Several systems work together to offer commuters 91 bus routes, 47.6 miles of rail transportation, a comprehensive network of freeways, and over 45 miles of bike paths.
Most employees take advantage of MARTA, Atlanta’s rapid transit rail system. On average, MARTA’s buses, trains, and assisted-transit vehicles shuttle 420,000 passengers to and from the city suburbs to the city center for work each day. Locals have another option, too, as the city’s new streetcar provides quick passage from work to home, from convention center to hotel, on a central 2.7 mile loop.As a major hub for international and domestic travel, Atlanta is also home to the busiest airport in the U.S. Fortunately, once you’ve landed in Atlanta, a quick ride on Atlanta’s rapid transit rail system carries you directly from the airport to uptown neighborhoods like Buckhead and beyond.