Atlanta’s office market has weathered the coronavirus storm better than most markets so far. Leasing activity is still weaker than normal, but Georgia’s capital landed big deals from Microsoft, Deluxe Corp, and Mailchimp since the pandemic.

While net absorption, or the number of move-ins versus move-outs, dipped into negative territory in the third quarter, Atlanta is one of the few cities where trailing 12-month net absorption is still positive. And though rent growth has cooled, annual growth remains positive and is outperforming the national benchmark.