Lee & Associates - Atlanta | Market Brief

AI, Employment and the Changing Shape of Atlanta’s Office Market

September 2026

A Mixed Economic Picture

AI has been framed as a threat to employment. It has also raised questions about future office demand as companies evaluate staffing levels, productivity and workplace needs.

The early data shows a growing share of workers using AI, but no corresponding collapse in employment. The share of employed adults reporting that they use generative AI for work increased from 33.3% in Q3 2024 to 45.2% in Q2 2026. Over the same period, unemployment remained within a relatively narrow range and stood at 4.1% in August 2026.

The data does not establish a direct relationship between AI adoption and employment. It does show that workplace AI use has expanded alongside continued labor-market resilience, a combination that is beginning to influence how companies evaluate office space.

AI Adoption Takes Off While Unemployment Trends Downward

*Latest available GenAI adoption figure is Q2 2026; Q3 2026 data had not been released as of September 2026



Knowledge-Based Industries Continue to Drive Office Leasing

Atlanta’s office vacancy stood at 24.7% at the end of Q2, reflecting continued market challenges. At the same time, tenants leasing at least 10,000 SF have signed approximately 12 million SF of office leases since January 2025. New leases accounted for 65% of the total, compared with 35% renewals, while direct space represented 93% of activity.

Professional, scientific and technical services generated the largest share of recent leasing activity, followed by finance and insurance and information users. Together, these industries accounted for approximately 4.2 million SF, or 36% of all lease signings. Although this activity is not a direct measure of AI-related companies, it indicates that technology-intensive and knowledge-based businesses remain significant users of office space.

Companies continue to commit to physical office space, but those commitments are becoming more selective and increasingly tied to productivity, collaboration and business operations.

Professional, Scientific & Technical Services

Leased SF: 2.39 Million

Finance & Insurance

Leased SF: 1.20 Million

Manufacturing

Leased SF: 1.07 Million

Transportation & Warehousing

Leased SF: 1.00 Million

Healthcare & Social Assistance

Leased SF: 612K

Information

Leased SF: 586K

*Atlanta office lease signings Q1 2025 to present, 10k+SF, Top Tenant Industries

The Measure to Watch

AI’s influence on office real estate may become visible through smaller requirements, changing space allocations, fewer or more strategic locations and a growing preference for high-quality buildings. Atlanta’s current leasing data reflects a market that remains active while becoming more selective. As AI adoption expands, the most important measure will be how companies translate productivity gains into real estate decisions, and which buildings are positioned to capture that demand.


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CONTACT US:

DAN WAGNER

Chief Data Officer

O | 404.781.2121

KATE HUNT

Research Director

O | 404.781.2124

EMMA COWART

Research Analyst

O | 404.781.2139

MATTHEW MORGAN

Data & Automation Specialist

O | 404.917.1849




Data gathered by Lee & Associates - Atlanta Research Team

Sources: Federal Reserve Bank of St. Louis FRED, U.S. Bureau of Labor Statistics

Lee & Associates Commercial Real Estate Services

3500 Lenox Road NE | Suite 300

Atlanta, GA 30326