Buckhead Rents on the Rise

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Buckhead rents are beginning to rise yet again, concluded a panel of real estate experts this week at the Future of Buckhead conference. Buckhead, a historically-popular submarket, is running out of room for new office development. The upswing of the economy has moved people and companies into the city that weren’t here just two years ago. As the supply decreases the price increases, and Landlords can expect to see rents jump in the coming months. Increased rents could eventually convince investors to develop new towers in Buckhead – eventually. The panel confirmed that no new developments are in the pipeline and that any new office development would be a few years out.

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