2019 Parking Survey

LEE & ASSOCIATES ATLANTA 2019 PARKING SURVEY

Lee Atlanta is pleased to present our 2019 Parking Survey. The primary locations of interest include the Buckhead and Midtown MARKET office submarkets, with a brief synopsis of the Northwest and Central INDICATORS HIGH LOW AVG. Perimeter office submarkets. All parking prices mentioned are per space per month. Reserved $198 $70 $108 Depending on the submarket, parking costs can impact a tenant’s Unreserved $110 $63 $106 occupancy by as much as 15%. For a typical company with 12,000 SF and 50 employees, assuming a need of 4 reserved spaces and 46 unreserved, the parking cost impact per square foot would be $4.69 PSF in Buckhead and $6.21 PSF in Midtown. BUCKHEAD HIGH LOW AVG. BUCKHEAD Reserved $170 $75 $125 ·· 10.6% increase in unreserved parking prices over the past 3 years ·· 6.2% increase in reserved parking prices over the past 3 years Unreserved $110 $75 $91 ·· Avg. reserved: $125 ·· Avg. unreserved: $91 ·· Only 6 properties in Buckhead with free parking

MIDTOWN MIDTOWN HIGH LOW AVG. ·· 5% increase in unreserved parking prices over the past 3 years Reserved $225 $65 $160 ·· 4.9% increase in reserved parking price over the past 3 years ·· Avg. Reserved: $160 Unreserved $110 $55 $121 ·· Avg. Unreserved: $121 ·· No properties with free parking, except select buildings in West Midtown

CENTRAL PERIMETER NORTHWEST In a survey of 51 properties, only 9 are currently charging for reserved For the Northwest submarket, in a survey of parking in the Central Perimeter submarket. This count is up slightly from 42 properties, only 3 properties are currently 8 properties reporting parking fees last year. The parking rates range from charging for reserved parking. Parking prices $35-$75 per month for reserved parking, averaging around $54 per month. range from $65-$120 per month.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, © Copyright 2019 Lee & Associates Atlanta. All rights reserved. but no warranty or representation is made to the accuracy thereof and same is submitted to errors, Market report analysis by: Trey Tumlin omissions, change of price, or other conditions prior to sale, lease or financing or withdrawal without notice. Market report created by: Spencer Godwin, Marketing & Research Assistant No liability of any kind is to be imposed on the broker herein.

3500 Lenox Road, Suite 1600 | Atlanta, GA 30326 | 404.442.2810 | lee-associates.com/atlanta PARKING SURVEY Buckhead

400 141 31 1 2 3 29 27 30 28 32 4 26 33 5 25 37 22 24 34 r am 6 r ae 7 12 23 16 17 15 21 36 18 20 35 13 19 14 Pa e

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8 HIGH LOW AVG. 10 9 400 Reserved $170 $75 $125 11 Unreserved $110 $75 $91

Reserved Unreserved Reserved Unreserved Address Address (monthly) (monthly) (monthly) (monthly) 1 1277 Lenox Park Blvd $75 0 21 3424 Peachtree Rd $135 $105 2 3280 Peachtree Rd $160 $110 22 3290 Northside Pky $110 $75 3 3348 Peachtree Rd $125 $105 23 3340 Peachtree Rd $140 $95 4 3333 Piedmont Rd $160 $110 24 3445 Peachtree Rd $125 $85 5 3350 Peachtree Rd $125 $105 25 3455 Peachtree Rd $85 0 6 3060 Peachtree Rd $155 $100 26 1776 Peachtree St n/a $75 7 3050 Peachtree Rd $155 $100 27 3390 Peachtree Rd $95 $75 8 3355 Lenox Rd $120 $75 28 1718-1720 NW Peachtree St $90 $75 9 3384 Peachtree Rd $120 $75 29 3400 Peachtree Rd $95 $75 10 3475 Lenox Rd $125 $85 30 3475 Piedmont Rd $125 $95 11 3284 Northside Pky $75 $50 31 3490 Piedmont Rd $130 $85 12 550 Pharr Rd 0 0 32 3500 Piedmont Rd $130 $85 13 3500 Lenox Rd $135 $105 33 950 E Paces Ferry Rd $125 $75 14 3550 Lenox Rd $150 $115 34 3525 Piedmont Rd 0 0 15 3333 Peachtree Rd $125 $85 35 3535 Piedmont Rd 0 0 16 3343 Peachtree Rd $125 $85 36 3565 Piedmont Rd $100 0 17 3353 Peachtree Rd $125 $85 37 3575 Piedmont Rd 0 0 18 3630 Peachtree Rd $135 $95 19 3560 Lenox Rd $135 $105 20 3414 Peachtree Rd $135 $105

3500 Lenox Road, Suite 1600 | Atlanta, GA 30326 | 404.442.2810 | lee-associates.com/atlanta PARKING SURVEY Midtown Atlanta

1 2 HIGH LOW AVG.

Reserved $225 $65 $160

D 3 e Unreserved $110 $55 $121

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17th St 11 10 9 8 7 6 E N e v

Spring St A t n 12 o m d ie Pehtree St 15 18 P 13 14 16 19 14th St 17 20

10th St NW 22

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25 nue 26 Pone de eon Ave 27

Reserved Unreserved Reserved Unreserved Address Address (monthly) (monthly) (monthly) (monthly) 1 1555 Peachtree St $168 $110 15 1230 Peachtree St NE $166 $135 2 1545 Peachtree St $168 $110 16 1180 Peachtree St NE $200 $150 3 1475 Peachtree St NE n/a $85 17 1170 Peachtree St $155 $115 4 1420 Peachtree St NE $150 0 18 1201 Peachtree St NE n/a $150 5 1375 Peachtree St NE n/a $110 19 1175 Peachtree St NE n/a $150 6 1355 Peachtree St NE n/a $110 20 1155 Peachtree St NE $176 $135 7 1360 Peachtree St NE $155 $135 21 1075 Peachtree St NE $225 $140 8 1349 W Peachtree St NW $155 $135 22 999 Peachtree St NE $150 $115 9 171 17th St NW $179 $121 23 75 5th St NW $175 $115 10 201 17th St NW $170 $115 24 817 W Peachtree St NW $170 $115 11 271 17th St NW $165 $110 25 715 Peachtree St NE $125 $95 12 1275 Peachtree St NE n/a $100 26 675 W Peachtree St NW $65 $55 13 1180 W Peachtree St $155 $125 27 675 Ponce de Leon Ave NE n/a $155 14 1201 W Peachtree St NW $175 $130

3500 Lenox Road, Suite 1600 | Atlanta, GA 30326 | 404.442.2810 | lee-associates.com/atlanta PARKING SURVEY Central Perimeter

PROPERTIES WITH PAID PARKING

D Reserved Unreserved # Address (monthly) (monthly) 1 5909 Peachtree Dunwoody Rd n/a $100 2 4170 Ashford Dunwoody Rd $50 n/a 3 1 Ravinia Dr $50 n/a 4 5 Concourse Pky $75 n/a

d 5 6 Concourse Pky NE $75 n/a

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R 5565 Glenridge Connector $60 n/a 6 l

e B w 7 1001 Summit Blvd n/a $45 s o R r 8 2 Ravinia Dr $50 n/a D g in ld Spa C PROPERTIES WITH FREE PARKING 400, 500, & 600 Northpark | 1000-1200 Abernathy Rd Ashford Center | 100 Ashford Ctr N 200 Ashford Center North | 200 Ashford Ctr N Ashford Perimeter | 4151 Ashford Dunwoody Rd 9 900 & 1200 Ashwood Pky 7000 Central Park | 7000 Central Pky Plaza Square North | 4360 Chamblee Dunwoody Rd Rd ernon Mt V Concourse Corporate Ctr | 1, 2, & 4 Concourse Pky 400 Crown Pointe | 1040-1050 Crown Pointe Pky 3

6 Centrum at Glenridge | 780 Johnson Ferry Rd The Pointe | 400-500 Northridge Rd 3 8

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a 14 23 19 Lincoln Center | 1455 Lincoln Pky

l 7 l 5 4 Falls Point | 620 Morgan Falls Rd e 1

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o Palisades Office Park | 5901 Peachtree Dunwoody Rd

R 2 7 Embassy Row Bldgs 100, 300, & 600 6600 Peachtree Dunwoody Rd

15 Jo 64 & 66 Perimeter Ctr h 13 n s 6 o n Sterling Pointe I & II | 301 & 303 Perimeter Ctr

F e r Eleven Seventeen Perimeter | 1117 Perimeter Ctr r y R 400 d 1155 Perimeter Ctr Ravinia III | 3 Ravinia Dr Free Parking Northridge Plaza | 8200 Roberts Dr River Ridge I | 9040 Roswell Rd

3500 Lenox Road, Suite 1600 | Atlanta, GA 30326 | 404.442.2810 | lee-associates.com/atlanta PARKING SURVEY Northwest Atlanta

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PROPERTIES WITH FREE PARKING Cumberland Center IV | 3225 Cumberland Blvd

P o w Free Parking 2500 Cumberland | 2500 Cumberland Pky e r s

e Galleria 100 | 100 Galleria Pky r r y

R Galleria 200 | 200 Galleria Pky d

Galleria 300 | 300 Galleria Pky 3 36 42 Galleria 400 | 400 Galleria Pky 39 2 3

Galleria 600 | 600 Galleria Pky 11 8 43 44 Galleria 700 | 700 Galleria Pky 33 19 35 d 34 R ill 3100 Interstate N Cir H y CMBERLAND 3 10 9 ind W C 210 Interstate North | 210 Interstate N Pky o b b N P o k rt Platinum Tower | 400 Interstate N Pky w h y s i d

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One Riverside | 4401 Northside Pky D

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4 N 20 3400 Overton | 3400 Overton Park Dr 21 W SMYRNA 24 Paces Summit I | 2410 Paces Ferry Rd

12 28 Overlook II | 2839 Paces Ferry Rd 5 1 Overlook III | 2859 Paces Ferry Rd VININGS One Parkway Center | 1850 Parkway Pl Mt P 7 aran 29 14 15 Rd Two Parkway Center | 1800 Parkway Pl

1000 Parkwood | 1000 Parkwood Cir 32

Pa ces Ferry 1300 Parkwood | 1300 Parkwood Cir Rd N W 1600 Parkwood | 1600 Parkwood Cir Parkwood Point | 2018 Powers Ferry Rd ING Headquarters | 5780 Powers Ferry Rd PROPERTIES WITH PAID PARKING Riveredge Place | 2000 Riveredge Pky # Property Reserved Unreserved 2100 RiverEdge | 2100 Riveredge Pky Address (monthly) (monthly) Riverwood 200 | 3300 Riverwood Pky 1 Riverwood 100 $120 n/a Cumberland Center | 3333 Riverwood Pky 3350 Riverwood Pkwy

4300 Wildwood Pky 2 The Dupree Building $65 n/a 6120 Powers Ferry Rd Towers at Wildwood Plaza | 3200 Windy Hill Rd 4 spaces 3 Riveredge Summit n/a Wildwood Center | 2300 Windy Ridge Pky 1500-1600 Riveredge Pky winners only Windy Ridge | 2500 Windy Ridge Pky Wildwood Park | 3301 Windy Ridge Pky

3500 Lenox Road, Suite 1600 | Atlanta, GA 30326 | 404.442.2810 | lee-associates.com/atlanta