Atlanta’s office recovery in-line with national average

– Atlanta's office busyness index averaged 61.9% in June 2024 compared to a pre-pandemic 2019 baseline, indicating a gradual return to office that continues to closely align with the national average currently at 61.9%.

– Atlanta is seeing positive signs of a return to office, with office utilization recently reaching a post-pandemic peak of 64.5% in April 2024, demonstrating strong underlying momentum as the index was experiencing a 16.4% YOY increase. Positive activity is expected to trend upwards with the end of summer and kids returning to school.

– With office utilization increasing, this is having a direct impact on market trends. Atlanta is experiencing a rise in leasing activity, up 1.7% YOY, and a decrease in available space listed on market.