Atlanta’s office market’s historic performance during economic cycles

graph of Atlanta's office market's net absorption, deliveries and vacancy during economic downturns like Covid-19, Dot Com Recession and Global Financial Crisis from 2001 to 2023
  • While Atlanta tends to see negative impacts during an economic downturn, it is historically a positive market.
  • Alongside the rest of the country, the Covid-19 pandemic caused one of the largest economic declines in Atlanta's office market history.
  • Vacancy rates experienced an exponential increase during the pandemic but have started to level off as construction demand has dwindled and new project deliveries have decreased.

June 20, 2023

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