The year 2021 in Atlanta’s office market was defined by companies expanding into the region, hoping to tap into its combination of talent base, low-tax environment and affordability. But before the calendar turns, the second-largest lease of the year closed, Bisnow can first report: AT&T dialed in a renewal for 435K SF of office space across two buildings at Lenox Park in Buckhead. The deal was eclipsed only by Carvana’s sublease of nearly 600K SF from State Farm at the insurance giant’s new campus in Central Perimeter, an expansion emblematic of Atlanta’s banner year.
The economic momentum of this past year is likely to continue into 2022, especially as executives start pushing their employees more forcefully back to offices and out-of-state companies start opening their new Atlanta operations, JLL Executive Vice President Brooke Dewey said.“I… Read the full story here. |