The Atlanta office market ended the third quarter 2017 with a vacancy rate of 15.0%. This vacancy rate represented a 0.1 percentage point increase over the previous quarter, when the rate was 14.9%. This increase in vacancy rate occurred in a quarter where Atlanta saw 160,134 square feet in positive net absorption and 517,172 square feet in deliveries. Quoted rental rates ended third quarter 2017 at $24.13 per square foot, up from $23.93 per square foot in the second quarter 2017. At the end of third quarter 2017, there was 4,540,376 square feet under construction in the Atlanta office market.