The Office Market in Atlanta has been down nearing three years now and is there any end in sight? We are at a high with office vacancies since 2004 and buildings just delivered to the market. In my opinion, we'll be at the bottom until jobs start to come back. When we have a few consecutive quarters of job growth, that will be the time that we'll start seeing positive absorbtion.
A good article written by Jim Jordan with Sutherland, Asbill & Brennan LLP, in the Atlanta Business Chronicles addresses the situation and provides some good insight on "When will Atlanta's Office Market Hit Bottom?"