Bill Weghorst Bill Weghorst

ATLANTA—The Atlanta metro area’s office market witnessed a significant improvement over modest gains achieved in the previous quarter, posting 537,708 square feet of direct net absorption during the second quarter. That’s according to PMRG’s second quarter office report.

During the second quarter, class A office product recorded occupancy gains totaling 362,072 square feet, a significant increase from the previous quarter’s negative absorption. Class A direct office occupancy witnessed a decline for the second quarter in a row, sliding by 80 basis points to 85.3%. However, PMRG reports, quarterly decline in class A direct office occupancy levels largely resulted from new supply outstripping demand with nearly 1.3 million square feet of office space coming online.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

Jennifer LeClaire



Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join now!

  • Free unlimited access to's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including and

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2022 ALM Global, LLC. All Rights Reserved.