RGRE RG Real Estate
atlanta healthcare report 2024

Despite economic uncertainly Atlanta’s healthcare real estate market remains in strong shape.

The market is approximately 20,043,353 SF and running at an occupancy of 90.0% and market rates are increasing landing at an average of $29 per square foot.

During 2023, 456,628sf, of medical space was absorbed, the highest level since 2018 along a jump in rental rates of over $1.75/sf. Looking forward for 2024, we expect that occupancy will remain high and that rental rates to continue to increase.


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