Georgia·Data as of Q4 2025

Atlanta, GA CAM Reconciliation Guide

Vacancy rates, property tax system, operating expense benchmarks, and market-specific CAM billing considerations for Atlanta, GA commercial landlords.

Current Vacancy Rates

23.4%
Office Vacancy
4.6%
Retail Vacancy
7.2%
Industrial Vacancy

Source: CBRE/JLL Q4 2025 Market Reports

Average CAM per Square Foot

$11.00
Office /SF/yr
$7.75
Retail /SF/yr
$3.75
Industrial /SF/yr

Property Tax System

Assessment Authority

Fulton County Board of Assessors / DeKalb County Tax Assessor

Protest Procedure

File appeal within 45 days of assessment notice with county Board of Equalization. Can escalate to Superior Court. Annual reassessment.

Effective Tax Rate

~1.2-1.5% effective rate (40% assessment ratio applied to FMV)

Key Submarkets

BuckheadMidtownCentral PerimeterCumberland/GalleriaAlpharetta/North FultonAirport/South Atlanta Industrial

CAM Billing Considerations

  • Sprawling metro crosses 10+ counties with different tax systems
  • Industrial/logistics boom around Hartsfield-Jackson airport
  • Georgia's 40% assessment ratio can obscure true tax burden
  • TAD (Tax Allocation District) abatements in Midtown/Downtown complicate reconciliation
  • High suburban vacancy versus tight Midtown/Buckhead market
Local BOMA Chapter

BOMA Georgia

Market Context

Atlanta's extreme geographic spread across dozens of counties creates a patchwork of assessment authorities. The 40% assessment ratio unique to Georgia requires careful conversion when comparing to other markets.

Reconcile Atlanta, GA Properties

CapVeri accounts for market-specific vacancy, local tax timing, and property-type-specific expense pools in your reconciliation.

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