Atlanta Office Submarkets: Buckhead, Midtown, Cumberland and Perimeter

Atlanta Office Submarkets: Buckhead, Midtown, Cumberland and Perimeter

Atlanta is not one office market, it is eight or nine that price differently within a twenty-mile radius. Our catalogue spreads 76 buildings and 548 private offices of 108 ft² or more across the city, and the gap between the cheapest and the most expensive submarket is bigger than the gap between two buildings on the same street. Here is what each one costs right now.

Buckhead — the deepest inventory

Eighteen listed buildings and 122 private offices of 108 ft² or more along Peachtree Road, Lenox Road, Piedmont Road and Bolling Way. Prices run $250 to $15,400 a month, with a median suite at about $2,390 and rates from $1.67 to $6.97 per ft². Buckhead holds both extremes at once: fitted serviced rooms at the high per-ft² end and older tower space at the low end. It is the default answer for finance, legal and consulting.

Midtown — the growth corridor

Thirteen buildings and 98 suites along Peachtree Street, West Peachtree and 17th Street, including Atlantic Station and Colony Square. A median suite runs about $2,430 a month at a typical $3.38 per ft² — the highest typical rate of any Atlanta submarket here, and the price of walkability plus MARTA access. Technology, media and professional-services tenants concentrate in this corridor.

Cumberland, Vinings and the Galleria

Ten buildings and 80 suites around Cumberland Boulevard, Galleria Parkway, Riverwood Parkway, Paces Ferry Road and The Battery. Median suite about $2,380 a month at $3.07 per ft², with the lowest floor rate in the whole listing — $1.16 per ft² — sitting in this cluster. Parking is generally included, which is the practical reason north-west tenants stay.

Central Perimeter and Sandy Springs

Nine buildings and 76 suites around Concourse Parkway, Perimeter Center North, Glenlake Parkway, Abernathy Road, Glenridge Connector and Perimeter Summit. A median suite is about $2,400 a month at $3.31 per ft² — a lot of this stock is fitted and serviced, which lifts the rate. The cluster also holds the largest single-building inventories in the catalogue, so it is the commuter compromise between the city and the northern suburbs.

Downtown

Five buildings, 34 suites, on Peachtree Street, Marietta Street and John Wesley Dobbs Avenue. The value play: a median suite is $2,300 a month, the lowest of any submarket here, at a typical $3.31 per ft². Best MARTA connectivity in the city.

West Midtown, North Fulton, Decatur and the airport

West Midtown (Howell Mill Road) has just three buildings and 19 suites, typical $2,950 — small, design-led, and tight on supply. North Fulton (Alpharetta, Milton, Roswell) offers seven buildings and 45 suites from $145 a month. Decatur adds two buildings around One West Court Square. College Park at the airport holds three buildings and the largest floorplates in the listing, up to 34,574 ft².

Compare all of them side by side in the Atlanta office listings.

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