Central Perimeter Office Space

Purchase, Sell or Lease Office Buildings in Sandy Springs

Providing smart office space strategies for growing businesses

We will find the perfect office space in Central Perimeter for your business

We help businesses navigate complex office space decisions. WFH to Hybrid to Whatever YOU Need!

We act as as an extension of your internal real estate committee and find the best office space for your business.

Central Perimeter Office Leasing: Market Overview

Atlanta's commercial real estate market offers diverse office leasing opportunities across multiple thriving districts. As of 2024, the city maintains its position as a premier business destination in the Southeast with approximately 146 million square feet of office space.

Key Market Indicators

  • Average Lease Rates: $28-35 per square foot (Class A) in prime locations

  • Vacancy Rate: 18.2% metro-wide with significant variations by submarket

  • Absorption Trends: Positive net absorption in Midtown and Buckhead, while Downtown shows modest recovery

  • New Development: 2.1 million square feet under construction, primarily in Midtown and the Central Perimeter

Atlanta's office market is characterized by distinct submarkets, each with unique advantages:

Buckhead offers prestigious addresses and upscale amenities, catering to financial services and professional firms. Midtown attracts technology companies and creative industries with its vibrant atmosphere and proximity to Georgia Tech. The Central Perimeter provides excellent accessibility and value, while Downtown features historic buildings alongside modern developments near government offices.

Post-pandemic, Atlanta's office landscape has evolved with increased demand for flexible workspaces, hybrid-friendly environments, and buildings with advanced health and sustainability features. Class A properties with superior connectivity, outdoor spaces, and energy efficiency command premium rates despite market-wide vacancies.

Leasing Process and Considerations for Central Perimeter

Step-by-Step Leasing Guide

  1. Needs Assessment: Determine square footage requirements (typically 150-250 sq ft per employee), location preferences, and budget constraints

  2. Market Exploration: Tour properties across relevant submarkets with an experienced commercial broker

  3. Proposal Request: Submit requests for proposals (RFPs) to shortlisted properties

  4. Lease Negotiation: Negotiate terms including rate, concessions, tenant improvement allowances, and renewal options

  5. Space Planning: Collaborate with architects/designers to optimize layout

  6. Buildout Phase: Complete necessary renovations (typically 60-120 days)

  7. Move-In Coordination: Manage logistics for seamless transition

Critical Lease Terms for Office Tenants in The Central Perimeter Submarket

Atlanta office leases contain market-specific provisions that tenants should carefully evaluate:

  • Escalation Clauses: Atlanta typically sees 3% annual increases

  • Operating Expense Pass-Throughs: Understand Atlanta's property tax structure and how assessments impact expenses

  • HVAC Hours: Standard hours are typically 8am-6pm weekdays with additional charges for extended service

  • Parking Allocations: Ratios range from 2.5-4 spaces per 1,000 sq ft depending on submarket

  • Disaster Provisions: Given Georgia's severe weather patterns, evaluate hurricane and tornado-related clauses