Atlanta posted -269,541 sq. ft. of absorption in Q3. Airport South Atlanta submarket led the metro with 38,658 sq. ft. absorbed during the third quarter.
The overall average asking rental rate for the Atlanta market decreased $0.08 per sq. ft. over the prior quarter to $29.57 per sq. ft.
Overall office vacancy up 10 basis points in Q3 2020, at 17.7%.