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Georgia
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VACANCY
Apartment
The average Vacancy Rate was 6.5% in the Atlanta metro
- Vacancy in the Atlanta metro has risen for eight consecutive quarters.
- The Atlanta metro had the highest vacancy level since Q2 2013.
- Vacancy is expected to finish 2024 at 6.5% in the Atlanta metro.
Distribution / Warehousing
The average Vacancy Rate was 6.3% in the Atlanta metro
- Vacancy in the Atlanta metro drifted downward by 30 basis points.
- The Atlanta metro had the lowest vacancy level since Q3 2009.
- Vacancy is expected to finish 2024 at 7.1% in the Atlanta metro.
Flex / R&D
The average Vacancy Rate was 3.9% in the Atlanta metro
- The Atlanta metro had the eighth lowest vacancy in the nation and the fifth lowest in the South Atlantic.
- Vacancy in the Atlanta metro drifted downward by 20 basis points.
- The Atlanta metro had the lowest vacancy level since Q3 2009.
Office
The average Vacancy Rate was 20.1% in the Atlanta metro
- Vacancy in the Atlanta metro drifted downward by 30 basis points.
- Vacancy is expected to finish 2024 at 20.4% in the Atlanta metro.
Retail
The average Vacancy Rate was 10.3% in the Atlanta metro
- Vacancy in the Atlanta metro drifted downward by 10 basis points.
- The Atlanta metro had the lowest vacancy level since Q2 2008.
- Vacancy is expected to finish 2024 at 10.5% in the Atlanta metro.
RENT
Apartment
The average Asking Rent was $1,577 in the Atlanta metro
- Rent in the Atlanta metro was down 0.2% from Q1 2024.
- Rent is expected to finish 2024 at $1,590 in the Atlanta metro.
Distribution / Warehousing
The average Asking Rent was $5.73 in the Atlanta metro
- Rent in the Atlanta metro was up 0.5% from Q1 2024.
- Rent has risen in every quarter since Q1 2012 in the Atlanta metro.
- Rent is expected to finish 2024 at $5.88 in the Atlanta metro.
Flex / R&D
The average Asking Rent was $8.82 in the Atlanta metro
- Rent in the Atlanta metro was up 0.7% from Q1 2024.
- Rent has risen in every quarter since year-end 2018 in the Atlanta metro.
- Rent is expected to finish 2024 at $9.04 in the Atlanta metro.
Office
The average Asking Rent was $28.20 in the Atlanta metro
- Rent in the Atlanta metro was up 0.4% from Q1 2024.
- Rent Has risen for nine consecutive quarters in the Atlanta metro.
- Rent is expected to finish 2024 at $28.34 in the Atlanta metro.
Retail
The average Asking Rent was $19.54 in the Atlanta metro
- Rent in the Atlanta metro was up 0.2% from Q1 2024.
- Rent Has risen for ten consecutive quarters in the Atlanta metro.
- Rent is expected to finish 2024 at $19.68 in the Atlanta metro.
VACANCY
Distribution / Warehousing
Average Vacancy Rate 30.1%
- Highest in the nation.
- Declined by 340 basis points.
- Expected to finish 2019 at.
RENT
Distribution / Warehousing
Average Asking Rent $2.70
- Up 0.4% from year-end 2018.
- Expected to finish 2019 at.
VACANCY
Apartment
The average Vacancy Rate was 5.2% in the Chattanooga metro
- Vacancy in the Chattanooga metro drifted downward by 30 basis points.
- Vacancy is expected to finish 2024 at 4.8% in the Chattanooga metro.
Office
The average Vacancy Rate was 20.5% in the Chattanooga metro
- No vacancy change since Q1 2024 in the Chattanooga metro.
- The Chattanooga metro had the highest vacancy level since Q3 1999.
- Vacancy is expected to finish 2024 at 19.7% in the Chattanooga metro.
Retail
The average Vacancy Rate was 11.4% in the Chattanooga metro
- Vacancy in the Chattanooga metro drifted upward by 20 basis points.
- Vacancy is expected to finish 2024 at 11.3% in the Chattanooga metro.
RENT
Apartment
The average Asking Rent was $1,172 in the Chattanooga metro
- Rent in the Chattanooga metro was up 0.9% from Q1 2024.
- Chattanooga metro had its fastest rent rate of increase in four quarters.
- Rent is expected to finish 2024 at $1,184 in the Chattanooga metro.
Office
The average Asking Rent was $17.56 in the Chattanooga metro
- The Chattanooga metro remained flat rent since Q1 2024.
- Rent is expected to finish 2024 at $17.72 in the Chattanooga metro.
Retail
The average Asking Rent was $12.93 in the Chattanooga metro
- Rent in the Chattanooga metro was up 0.2% from Q1 2024.
- Rent is expected to finish 2024 at $13.00 in the Chattanooga metro.
VACANCY
Apartment
The average Vacancy Rate was 6.8% in the Greenville metro
- Vacancy in the Greenville metro drifted upward by 10 basis points.
- The Greenville metro was among the 20 highest vacancies nationally.
- Vacancy is expected to finish 2024 at 7.4% in the Greenville metro.
Distribution / Warehousing
The average Vacancy Rate was 6.8% in the Greenville metro
- Vacancy in the Greenville metro rose by 80 basis points.
- The Greenville metro had the highest vacancy level since year-end 2021.
- Vacancy is expected to finish 2024 at 7.4% in the Greenville metro.
Office
The average Vacancy Rate was 22.1% in the Greenville metro
- Vacancy in the Greenville metro drifted upward by 40 basis points.
- Vacancy is expected to finish 2024 at 22.3% in the Greenville metro.
Retail
The average Vacancy Rate was 10.7% in the Greenville metro
- Vacancy in the Greenville metro drifted upward by 10 basis points.
- Vacancy is expected to finish 2024 at 11.1% in the Greenville metro.
RENT
Apartment
The average Asking Rent was $1,235 in the Greenville metro
- Rent in the Greenville metro was down 0.3% from Q1 2024.
- Rent is expected to finish 2024 at $1,246 in the Greenville metro.
Distribution / Warehousing
The average Asking Rent was $5.23 in the Greenville metro
- Rent in the Greenville metro was up 0.8% from Q1 2024.
- Rent has risen in every quarter since Q1 2021 in the Greenville metro.
- Rent is expected to finish 2024 at $5.32 in the Greenville metro.
Office
The average Asking Rent was $20.32 in the Greenville metro
- Rent in the Greenville metro was up 0.6% from Q1 2024.
- Rent Has risen for eight consecutive quarters in the Greenville metro.
- Rent is expected to finish 2024 at $20.42 in the Greenville metro.
Retail
The average Asking Rent was $12.78 in the Greenville metro
- Rent in the Greenville metro was up 0.3% from Q1 2024.
- Rent is expected to finish 2024 at $12.81 in the Greenville metro.
VACANCY
Distribution / Warehousing
Average Vacancy Rate 10.3%
- Rose by 300 basis points.
- Expected to finish 2019 at.
RENT
Distribution / Warehousing
Average Asking Rent $6.25
- Up 0.3% from year-end 2018.
- Expected to finish 2019 at.