Cumberland|Galleria Office Space For Lease
Purchase, Sell or Lease Office Buildings in the Cumberland Galleria Submarket
Providing smart office space strategies for growing businesses
We will find the perfect office space in Cumberland Galleria 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.
Cumberland | Galleria Office Leasing Guide
Cost of Office Space within the Cumberland | Galleria office SubMarket
Most buildings run between $28 and $32 per square foot for a full service lease. Office Buildings located at the Battery have higher rates. Additionally there are available options for companies to build a headquarters location and that rate should set a submarket record once the lease is signed and construction begins.
Supply of Office Space in the Cumberland | Galleria Office Submarket
The Cumberland Galleria submarket has an incredibly diverse supply of office space. With about 30 million feet of supply, the market covers from the Chattahoochee River to The Battery and into East Cobb. Available options range from individually owned office condos to single story buildings and Class A and Class B office space. The higher quality space centers in the Class A buildings at Galleria and The Battery.
Vacancy within the Cumberland | Galleria Office Submarket
This submarket is still recovering from the work from home push but has seen decreases in vacancies as companies return to work. Overall, the physical vacancy rate is around 20%. We’ve found landlords willing to provide tenant improvement allowances have lower vacancies than other buildings. Additionally, there is an expected surge in vacancy coming in 2024 as several large leases are expiring.
Notable Office Landlords within Cumberland Galleria
Piedmont Office Realty Trust
Pope and Land
Highwoods Properties
Braves Development Company
CP Group
We Help Entrepreneurs, Business Owners and Investors Sell and Lease Office Space and Office Buildings in the Cumberland Galleria Submarket.
The Basics to leasing office space:
Location: Whether moving buildings, optimizing for a Work From Home or Return To Office world, the first step in locating a new location for your company is identifying the market. We want to study where there is demand for your product or service, where your customers, suppliers or employee base is and determine which submarket is best for you. Often, we are called and an owner wants to go in the North Atlanta suburbs but isn’t sure exactly where. We’ll look at the factors above as well the supply of available space and market saturation to narrow down into a submarket.
Size: Once we know the submarket that is ideal for your location, we need to determine the appropriate size space. We might look to your existing locations to see if you need more or less space. We might look to other successful companies within your industry vertical to see what works and doesn’t. A lot of times, there is trial and error and we’ll look at various spaces to see what feels just right.
Type of Space: Not all office space is the same. The office market is large market, especially in a major city like Atlanta. There are so many options and we’ll talk about all the factors that affect you. We’ll review your requirements for size, amenities, location, newness of building, windows - the list goes on.
Cost: We’ll work to determine your budget and find options that are suitable to your needs. Rental rates vary based on lease type, duration and age and quality of the building.
The Process to Leasing Office Space:
Discovery: The process to finding your new office location for rent begins with a discovery call. We want to know all about you, your company and what it is you are seeking. We’ll hit on all of the above items and formulate a plan tailored to your business’ needs.
Evaluation: We’ll evaluate all the available properties and determine which fit your criteria. We’ll schedule a time and tour the spaces, weighing the pros and cons of each.
Proposal: Once we’ve selected the perfect spot for your business, we will draft a proposal. This is a non-binding document that lays out the economic and business terms that we are offering the landlord. We’ll cover what rent is paid, the length of the lease, tenant improvement allocation and any other clauses specific to your use. We’ll negotiate the best deal we can while ensuring you get the space to propel your business.
Leasing Signing: Our favorite day is the day your new office opens for business. We will be there to celebrate you and all that you’ve accomplished. We hope you’ll put your trust in us to guide you as you begin your search for office space for lease in Atlanta and it’s northern suburbs.