Intelligence

Regional Summaries

Select a state to view available market snapshots

Atlanta, GA

Apartment
The Atlanta apartment market vacancy rate shed fully 80 basis points in the fourth quarter of 2015 and dropped to 5.0%, lowest on the firm’s records for this market in 15 years. At $988 and $899 per month, asking and effective averages were up fully 5.2% and 5.4% year-over-year in the fourth quarter after gains in the vicinity of 3.5% to 4.0% in each of the preceding two years. Gains for the fourth quarter alone were 1.0% and 1.1%, respectively. VIEW APARTMENT LISTINGS >
Industrial
The Atlanta warehouse/distribution market, last counted by Reis at 343.1 million square feet, reports a fourth quarter 2015 vacancy rate of 12.4%, a decline of 50 basis points for the period and a loss of 140 for the year. Remarkably steady quarter by quarter through 2015, rent growth in the warehouse/distribution space market produced respective increases of 2.2% and 2.8% for the average asking and effective rates for the year. Respective rates for the latest quarter were $3.75 psf and $3.32 psf. Gains for the quarter alone were 0.5% and 0.6%. While declining overall, vacancy in the 50.3-million-square-foot Atlanta area Flex/R&D space market also remains high. At 16.6%, the fourth quarter rate was down 120 basis points year-over-year and was down 40 for the quarter alone. At $6.13 psf and $5.35 psf, fourth quarter mean asking and effective lease rates for Flex/R&D space were up 1.5% and 1.7% year-over-year and 0.5% and 0.6% for the quarter alone. VIEW INDUSTRIAL LISTINGS >
Office
The metro Atlanta general purpose, multi-tenant office market vacancy rate fell to 19.4% by the end of 2015, a decline by 30 basis points since the third quarter and a loss of 40 year-over-year. At $22.88 psf and $18.11 psf, respective average asking and effective rates for the fourth quarter represented gains of 3.3% and 3.4% all told for the year, an improvement from the increases of about 2.0% and 1.0% calculated, respectively, for 2014 and 2013. Gains for the latest quarter alone were 0.8% for both rates. VIEW OFFICE LISTINGS >
Retail
The metro Atlanta community-neighborhood shopping center market vacancy rate was 12.1% by the end of 2015. Declines for the year and for the fourth quarter alone are reported at 70 and 30 basis points, respectively. At $17.78 psf and $15.55 psf, fourth quarter asking and effective averages represented gains of 1.4% and 1.7% for the year. Gains for the quarter alone were just 0.1% and 0.3%. VIEW RETAIL LISTINGS >

Source: Data provided by Reis, inc.

Commercial Real Estate Market Information

Coldwell Banker Commercial has commercial real estate market statistics to help you find out more about your local commercial real estate market. Whether you are looking for commercial real estate market trends or information on a commercial real estate markets size, we have the commercial real estate market reports you need. If you did not find the commercial real estate market information you were looking for contact us today!

White Papers

 

     

Additional Resources