5×5 with CompStak: Atlanta Office Market Spotlight – A Recap with Tim Wright of Cushman & Wakefield

Inside Atlanta’s Office Market: with Tim Wright of Cushman & Wakefield
5×5 with CompStak

Looking for quick, sharp CRE insights you can actually use? Welcome to 5×5 with CompStak — your bite-sized breakdown of what’s happening in commercial real estate, powered by data and real-world experience.

In our kickoff episode, CompStak’s Brian Caldwell sits down with Tim Wright, Director at Cushman & Wakefield, live in Atlanta. As a tenant rep with boots on the ground, Tim brings firsthand insight into how deals are getting done and where the market is headed.

Key Takeaways from the Episode:

1. Atlanta’s Office Market Is in a Period of Recalibration
The office sector in Atlanta is far from stagnant. While the downtown core (CBD) has been slower to rebound, submarkets like Cumberland and Midtown are showing strong leasing activity. Tim notes that companies are reevaluating their space needs and how location supports recruitment and retention.

2. Lease Terms Are Shifting—But Not Always How You’d Expect
CompStak’s data shows lease terms across CBD and non-CBD markets in Atlanta are converging. Companies that once sought short-term flexibility are increasingly committing to longer leases, especially when landlords offer favorable terms and incentives.

3. Flight to Quality Is Real
Amenities matter more than ever. Tenants are prioritizing buildings that offer hospitality-like experiences and wellness-forward design. “It’s not just about square footage,” Tim says. “It’s about creating a place people actually want to go to.”

4. The Centennial Yards Effect
Major developments like Centennial Yards are poised to reshape Atlanta’s downtown. Tim believes this mixed-use project will attract corporate tenants and inject new energy into the area, even if momentum is slower than in pre-pandemic cycles.

5. Data Is Key to Winning in a Complicated Market
Tim emphasizes the power of accurate, timely data to navigate today’s market complexity. With CompStak’s lease comp intelligence, brokers and occupiers can benchmark deals, evaluate concessions, and build smarter strategies.

🎧 Listen to the full episode to hear Tim’s market outlook for the next 6, 12, and 24 months, and find out what’s surprising even seasoned brokers in today’s landscape.