The Atlanta commercial real estate market is thriving, and there are many options available to suit every type of business. But where can you find office space in Atlanta, GA? Here’s a guide that will help you make the right choice. Read on to discover the best options and how to negotiate the best deal. Here’s how to get an office space lease in Atlanta.
High demand
Atlanta is a vibrant city that is home to a variety of Fortune 500 companies. It is also the site of many television and film productions. Its booming economy is fueled by finance, tech, telecommunications, aerospace, and logistics. There is also a strong demand for Class B office space. This city is a great option for start-up companies that need affordable space.
The Atlanta office market is expected to continue to grow in the future. A recent Atlanta office space report shows that rents and commercial real estate activity are increasing. The city is enjoying a boom in its economy, which is linked to its location and proximity to other major cities. This fact makes the city a particularly attractive location for investors.
Locations
Atlanta offers a number of options for businesses looking for office space. From fully serviced offices to desks for a day, this cosmopolitan city is home to numerous Fortune 500 companies. Rents for office space in Atlanta average $40 per square foot per year. Many tenants also benefit from a wide range of amenities, including fast WiFi, stocked kitchens, and complimentary meeting rooms.
The central submarket of the city is considered to be the most affordable. It is home to government agencies, non-profits, and a variety of business services firms. Office space in this area has a high vacancy rate and is also suited for a wide range of businesses, from startup companies to established corporations. The city also has a number of smaller office space options, including dozens of lease options in Peachtree Center. The Bank of America Tower is also a popular office space option, with many large blocks of inventory available.
Cost
If you’re looking for a new place to run your business, you’ll be pleased to know that the office market in Atlanta is competitive. There are several commercial buildings available for lease in Atlanta, including downtown, Midtown, and Atlantic Station, and the median rent is about $40 per square foot per year.
Alpharetta’s commercial market is relatively young and predominantly comprises Class A space, catering to smaller and mid sized companies. The average rent in Alpharetta is $24 per square foot. A growing tech scene is making Alpharetta a desirable place to locate a company, and many new developments are centered around coworking. There are also several small office spaces available, as well as industrial space.
Midtown is Atlanta’s commercial center, with one-third of the city’s high-rises and 22 million square feet of office space. This area also benefits from a vibrant arts scene and a lively business community. You can take clients for a tour of the neighborhood along Peachtree Street, which is lined with big-name shops and quirky bars and restaurants. Located near the Georgia Tech campus, Midtown is the perfect location for a tech startup or other innovative company.
Energy efficiency
There are several factors that determine the energy efficiency of an office building. Increasing the energy efficiency of a building is crucial, because it reduces the amount of energy it requires for operating purposes. In Atlanta, there are a number of incentives to help companies increase their energy efficiency. For example, the Atlanta Better Buildings Challenge rewards commercial buildings that pledge to cut energy and water usage by 20% by 2020.
One of the ways to reduce energy consumption is through benchmarking. This is a process that requires building owners to report on how much energy and water their buildings use every year. The data that is provided will help building managers determine how much energy they can save.
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