Key points of insight:

• Leasing activity holds strong in Atlanta office market heading into second half of 2025 – Atlanta office market leasing activity remained steady in Q2 2025, continuing the strong momentum carried over from 2024. A total of 1.9 million square feet (msf) was leased during the quarter—a modest 0.3 msf dip from 2.2 msf in Q1.

• Availability continues to decline amid sustained demand – Overall availability in Atlanta’s office market continued its downward trajectory in Q2 2025, falling to 27.9%—a decline of 120 basis points (bps) from Q1 2025.

• Tenant incentives persist amid rising rents – In Q2 2025, average asking rental rates in Atlanta’s office market rose 3.7% year over year to $33.81 per square foot (psf), reflecting the continued resilience of face rents amid broader market headwinds.