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Net absorption gained 243,362 square feet during the second quarter, clawing back nearly half of the negative absorption of the first quarter. The Atlanta metro will need another strong quarter to get out of the red this year. Despite this setback, Atlanta market fundamentals remain strong with steady leasing activity through the first half of the year. It appears that the negative absorption in the first quarter was more of an abnormality than a trend at this point in the cycle.
Keywords: JLL, Q2 2017, Office Insight, Atlanta, market conditions
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