office space Atlanta

Your Atlanta office space guide by Search Office Space

Atlanta Office Space

Atlanta is the second most populous city in the Southeastern United States and the eighth most populous in the entire U.S. Nearly 5.4 million residents call Atlanta home. Because of its concentration of Fortune 500 businesses, government agencies, and corporate headquarters, Atlanta has one of the busiest airports in the world.

Over 50 companies have located their corporate headquarters within metropolitan Atlanta. Of the fifty, nearly 15 of those companies are Fortune 500. In total, 30 companies make the Fortune 1000 list. According to Forbes magazine in 2009, Atlanta is ranked fourth in the nation for the largest concentration of Fortune 500 companies in the United States. Coca-Cola, UPS, Home Depot, and Delta Airlines are among the companies with a major presence. Georgia's Home Depot produces the most revenue registering over $70 billion. UPS and Coca-Cola hold the second and third spot in terms of revenue produced.

Many of the city's attractions and philanthropy revolve around major corporations in the area. The World of Coke and the CNN center are both available for tourists to learn about the companies. Non-profit or philanthropic companies such as, American Cancer Society also selected Atlanta as their home base. Government agencies, such as, Homeland Security have a presence in the area.

Many affluent communities exist in Atlanta. The affluence is attributed to a variety of professions. The commercial real estate market in Atlanta, as well as, the rest of the United States has experienced an increase in vacancies due to the current economic status. However, Atlanta has not been affected as much as other states due its range of businesses and services. Office space vacancy rate, in fourth quarter of 2009, was nearly 17 percent. The market and prices currently favor business owners. Those seeking to relocate may negotiate a deal in one of Atlanta's premium locations.

Experts expect the market to stabilize this year. Most hope the commercial office space Atlanta real estate companies provide will return to its normal 10 to 12 percent vacancy capacity by 2011. Business owners seeking office rentals should request a viewing of the executive suites Atlanta lists with select commercial real estate companies and real estate agents throughout the city. Companies, such as Regus and Barrister will provide tours to those considering relocating to the area.

Shared office space in Atlanta will start at around $400 per month on average. This price includes a variety of amenities, along with a typical office rental. Any business owner seeking to maintain its professional image, as well as, become a part of one of the major business hubs in the world will find Atlanta has many wonderful attributes.