Go back

Atlanta Office Occupier's Guide - Q1 2020

First quarter 2020 has a lot of eyes on it as consumers are eager to see how Atlanta’s office market will fare going into an election year and still riding a record long economic boom. COVID-19 was a wrench thrown into the equation that no one saw coming. Commercial real estate markets generally lag behind the stock market & consumer economy by 6-8 months. Social distancing and state-ordered “shelter-in-place” measures appear to be flattening the curve as expected. We remain positive that these measures to curtail the spread of COVID-19 and the typical 6-8 month lag time will return the city to normalcy before the CRE market is significantly impacted. COVID-19 has made many forget that Atlanta is still in an excellent economic position heading further into 2020.