tenantbase-logo-text

TenantBase Blog

 

Blog Posts

Filter By Categories

Office Space in Buckhead Continues to Drive Atlanta’s Powerful Economy


David Danhof
David Danhof
Updated May 09, 2019
  Atlanta

The most successful local economies have a way of building on past successes to perpetuate growth and prosperity. The Buckhead submarket in Atlanta is a perfect example of this notion as it continues to be the financial center of Greater Atlanta with absolutely no sign of relenting its critical role anytime soon.

TenantBase’s local real estate advisors have a unique and thorough understanding of what makes Buckhead such an attractive area for businesses. Our insights and expertise can help you locate office space in this powerful Atlanta submarket that will serve your needs and propel your company towards a successful future.

 

Office Space in Buckhead

Being the financial epicenter of the Atlanta MSA means Buckhead is home to several investment, banking, real estate, and insurance firms. The submarket also attracts other industries as the wildly successful Atlanta Tech Village will soon merge with the adjacent Techrise to further enhance Buckhead's technology incubator environment. 

The area primarily features Class A office space but also boasts a solid inventory of Class B as well. Coworker facilities in Buckhead are both abundant and densely populated to match the growing trend seen throughout the world. Companies looking for larger space will find that AIG and Salesforce have claimed most of the bigger blocks of inventory with each of their leases exceeding 75,000 sq ft. 

Tenantbase-blog_InternalGraphicContainer_BuckheadThe average square footage for space in Buckhead is approximately 5,000 sq ft with rents averaging $34.50/sq ft. Parking is adequate in the submarket and typically paid outside of the western edge of Buckhead. One of the most notable projects in the submarket is the reinvention of Phipps Plaza into a mixed-use environment with hotel, office, and residential developments replacing. The new Phipps Plaza is replacing older big-box retail and injecting the market with both excitement and additional commercial inventory.

 

Working in Buckhead

The Buckhead workforce has actively embraced commuting alternatives that take full advantage of the area’s excellent MARTA rail access. Several bike lanes have also allowed newer options like Bird and Lime scooters to take root in the area and provide appealing alternatives for the many employees that both work and live in Buckhead.

The submarket was also one of the first two aggressively pursue the work/live/play concept that has become so popular throughout the Atlanta MSA and most urban centers across the nation. Buckhead continues to attract talent thanks to this ideal as well as the many diverse restaurants the area is renowned for. The Shops at Buckhead is a newer development that offers even more dining options along with over six blocks of retail stores that range from high-end brand names to eclectic boutiques. READ NEXT: How to Create a Positive Work Environment When Moving to a New Office

Buckhead is a unique submarket within the Atlanta MSA that attracts everything from tech startups to veteran companies thanks to its excellent commuting options, amenities, and focus on a healthy work/live balance. TenantBase has the local expertise to help your company find office space in Buckhead that will allow you to leverage the many benefits it provides.

 

Subscribe Email

Blog CTA
Find Your Office Space

RECENT POSTS