With more than 29 million square feet of office space (21 million SF of which is class A), and more than 132,000 workers, the Perimeter is one of the largest office markets in the Southeast. Perimeter’s central location, access to affluent bedroom communities as well as rental housing, and public transportation on MARTA, enables the area to continue to be the region’s biggest beneficiary of Fortune 500 employers. Notable corporate relocations and expansions include heavy-hitters such as State Farm, Mercedes Benz, Cox Communications and UPS. The area is also recognized as a top national location for technology companies, from information security to financial transaction processing, with access to a highly-educated workforce and the transportation infrastructure available to get those employees to their jobs. Multiple corporate and technology firms continue to look at metro Atlanta (and Perimeter, specifically), as a home base for their long term growth plans. After absorbing the most office space of any other Atlanta submarket in both 2015 and 2016, Perimeter’s class A vacancy at the end of Q2 2017 was 11.9%, one of the lowest vacancy rates among Atlanta’s major business districts. Office rents in the class A space averaged $29.58 PSF, up 3.9% from Q1 (the best quarterly growth among all of the Atlanta business districts).