Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, has published its 2026 Atlanta Office Investment Forecast Report.   

“Atlanta’s office market is benefiting from a combination of improving demand and a more disciplined supply pipeline,” said John M. Leonard, senior managing director, market leader, Atlanta. “As job growth rebounds and new construction remains measured, vacancy has continued to move lower, helping stabilize conditions across much of the metro.”  

Key findings include:   

• Atlanta’s labor force is expected to grow by approximately 19,000 jobs in 2026, including about 4,500 positions in traditionally office-using sectors, marking a rebound after job losses last year.  
• Office construction remains measured, with suburban deliveries concentrated in Northwest Atlanta and North Fulton, while the CBD accounts for roughly half of all metro completions.  
• Office vacancy is expected to decline to approximately 18.5 percent, the lowest level since mid-2022, as demand outpaces new supply and places Atlanta near the median among primary U.S. metros.  
• Average asking rents are projected to edge up to about $28.10 per square foot, extending Atlanta’s streak to 15 consecutive years of rent growth, even as net absorption moderates from last year’s elevated level.  
• Investor interest is increasingly selective, with attention directed toward suburban submarkets and medical office properties, supported by Atlanta’s aging population and rising demand for healthcare services.  

“With supply pressure limited and demand improving, Atlanta is offering a more balanced office environment,” Leonard added. “That’s keeping investor focus on suburban locations and medical office assets tied to durable demand drivers.” 

Access the report here.