ATLANTA’S NORTHEAST OFFICE MARKET AT A GLANCE:  • Following a strong first quarter of absorption, Northeast Atlanta’s performance in second quarter was lackluster. There was virtually no change in occupancy levels between quarters and the vacancy rate remained unchanged at 21.3%. • Mostly bolstered by NCR’s headquarter relocation in the first quarter, Northeast’s year-to-date absorption is...
Read more »

CENTRAL PERIMETER OFFICE MARKET AT A GLANCE  • Central Perimeter leads all submarkets in year-to-date office space absorbed. This is a complete reversal from the submarket’s performance at mid-year 2009 when it led Atlanta in the amount of occupied space lost. • The Atlanta Journal-Constitution’s move from its longtime Downtown location to 223 Perimeter Center was...
Read more »

The danger of a collapse in the commercial real estate sector seems to have been overcome due to the low interest rates, but investors are still waiting for the second shoe to drop in downturn, Richard LeFrak, the LeFrak Organization president, told CNBC Friday. See video below:
Read more »

NORTH FULTON OFFICE MARKET AT A GLANCE  • For the fifth consecutive quarter, office absorption in North Fulton was negative.  Occupancy dropped by another 65,000 SF in the second quarter. For the year, tenants have given back over 127,000 SF of office space in the submarket. • Compared to Atlanta’s other office markets, North Fulton is...
Read more »

MIDTOWN ATLANTA AT A GLANCE:  • Second quarter office occupancy dropped by 56,789 SF in Midtown. The submarket’s absorption activity has been bouncing from positive to negative over the past year. This is expected to continue through the remainder of 2010. • Midtown is one of three office submarkets under performing from last year’s absorption totals. •...
Read more »

DOWNTOWN ATLANTA OFFICE MARKET AT A GLANCE  • Move-in activity at 191 Peachtree and the Nuclear Regulatory Commission officially moving into its space at the Marquis One tower at Peachtree Center helped push second quarter absorption levels to 88,179 SF Downtown. • Office leasing over the past three months has been modest at best for the...
Read more »