Atlanta's medical office market is one of the tightest in the country — overall vacancy is just 8.4%, and single-story spaces, which healthcare practices consistently prefer, are at a remarkable 4.9%. Average rents are around $28.14 per square foot with 1.4% growth over the past year, new construction remains limited keeping competition for quality space intense, and medical office buildings are trading at a premium to traditional offices — a clear signal of strong and sustained investor conviction in the market.
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