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Office Market the Selection You Want, the Price You Need

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Office Market the Selection You Want, the Price You Need OFFICE MARKET THE SELECTION YOU WANT, THE PRICE YOU NEED. Whether you’re on the hunt for Class A or Class B office space, the Downtown office market offers the best values in the region. And you’ll enjoy a wide selection: Downtown Atlanta is home to the largest inventory of office space of all the urban markets. Metro Comparison of Class A Office Space $30 $27.28 82% $25.10 80.7% 81% $25 $22.06 79.7% $19.57 80% $20 79% 78% $15 78% 76.4% $10 77% 76% $5 75% $0 74% Downtown Buckhead Midtown Metro Downtown Buckhead Midtown Metro Class A Rental Rates Class A Occupancy Rate Metro Comparison of Class B Office Space $20 $18.31 $18.35 78% $16.78 75.9% 76% 74.2% $13.63 $15 74% 71.7% 72% $10 70% 68.8% $5 68% 66% $0 64% Downtown Buckhead Midtown Metro Downtown Buckhead Midtown Metro Class B Rental Rates Class B Occupancy Rate Source: Jones Lang LaSalle, Office Statistics Year-End 2011 OFFICE MARKET Downtown Atlanta has the largest inventory of office space of all the urban markets with 16,241,983 square feet Source: Jones Lang LaSalle, Office Statistics Year-End 2011 Projected Office Absorption, 2011 - 2030 7,000,000 6,000,000 5,000,000 4,000,000 3,000,000 2,000,000 Square Feet 1,000,000 0 Downtown Atlanta is projected to experience 5.1 million square feet of absorption and add approximately 4.4 million square feet of new office space by 2030. Source: RCLCO, Downtown Development Forecast, June 2011 Pipeline & Projected Demand Demand is being driven by - 5,000,000 - Excellent Access to transportation network - Proximity to restaurants & amenities 4,000,000 - Home to top research institutions - Young, talented workforce 3,000,000 Current Pipeline - Established location Demand 2021-2030 - Streetcar Square Feet 2,000,000 Demand 2011-2020 The Streetcar is projected to 1,000,000 increase Down- town’s capture of office demand over Source: RCLCO, Downtown 0 Development Forecast, other submarkets in the region. Office SF June 2011 “Cooper Carry moved its Atlanta offices to 191 Peachtree after 26 years in the same Buckhead building. The change in enviornment has brought vigor and re- newed enthusiasm to our employees who enjoy the many lunchtime restaurants and shopping opportunities just steps away. Before the move, we had over 100 employees who drove alone evey day to and from the office. Today, of our 100 employees, fewer than 30 drive to work. All others take transit, walk or bicycle, and they love the change to a lifestyle that supports greater environmental sustainability.” - Kevin R. Cantley, AIA President and CEO, Cooper Carry Central Atlanta Progress | atlantadowntown.com OFFICE MARKET A move Downtown is a move toward a more sustainable Atlanta. Launched in November 2011, the Atlanta BBC is a joint initiative of Central Atlanta Progress (CAP) and the City of Atlanta. The program is part of the City’s Power to Change effort aimed at making Atlanta more sustainable by improving “green” programs and policies such as water and energy conservation, reducing solid waste and carbon emis- sions, and improving recycling rates. 49 million square feet of Downtown real estate has taken the challenge. 15 million square feet of Downtown office space has taken the challenge. Better Buildings Challenge, City Comparison 50 40 30 20 (in millions) (in Square Feet 10 0 Atlanta Cleveland Pittsburgh Chicago Denver Houston Los Angeles Seattle Sacramento Total SF Committed 17% of Downtown’s office square footage is Green-Rated Participating Downtown Office Buildings 55 Allen Plaza SunTrust Plaza 330 Marietta Street SunTrust Plaza - Garden Offices Epsten Group Campus - The Edge Atlanta Housing Authority Turner Building - Luckie Street Atlanta City Hall Georgia Power HQ American Cancer Society Center Georgia Pacific Center English Avenue Yards Coca-Cola North Avenue Tower The Walton Building Centennial Tower Metro Atlanta Chamber of Commerce 100 Peachtree Street GSA - Sam Nunn AFC 260/270 Peachtree GSA - Richard B. Russell FB Peachtree Center Bank of America Plaza Marquis One & Two Central Atlanta Progress | atlantadowntown.com.
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