Downtown is a established-tier Class A submarket of Atlanta with average asking rent around $28/sqft/yr.
Legacy CBD repositioning. · Tier: established · Avg rent: $28/sqft/yr
Downtown Atlanta is the city's legacy CBD — deep contiguous Class A inventory, government anchors, and growing adaptive reuse and conversion activity.
Government, federal contractors, hospitality HQs, legacy corporate.
15–40,000 sqft floor plates available across newer Class A stock; 9'+ slab-to-slab and modern MEP common.
Five Points (MARTA hub).
Multi-modal transit captures the metro's principal professional catchment.
Centennial Park, State Farm Arena, Mercedes-Benz Stadium.
Downtown is one of 5 Class A submarkets we cover in Atlanta, classified as established tier with an average asking rent around $28/sqft/yr. Compared with the broader Atlanta Class A stock, Downtown typically attracts Government, federal contractors, hospitality HQs, legacy corporate and competes most directly with the city's other established submarkets on building specification, transit access, and amenitisation.
Adjacent submarkets to study alongside Downtown: Midtown, Buckhead, West Midtown, Perimeter Center. The full Atlanta submarket atlas is at /cities/atlanta.
For an institutional Class A occupier evaluating Downtown, the highest-leverage analyses to commission next are the rent benchmark, the concession-package comparable, and the ESG performance baseline. Class A Atlas covers each as a dedicated topic page for this submarket:
Terminology specific to Atlanta Class A leasing and to the established tier: Class A, Trophy asset, Effective rent, Concession package, TI allowance, Submarket tier.
Reviewed by Miriam Hollander — Lead market analyst. Last updated 2026-04-15. See our methodology and editorial standards.