The Peachtree Corners office market ended the third quarter 2010 with a vacancy rate of 27.36%. This vacancy rate represented a 0.93 percentage point increase over the previous quarter, when it was
26.43%. The increase in vacancy occurred in a quarter where Peachtree Corners saw negative 71,638 square feet in net absorption and no new deliveries. Quoted rental rates ended the third quarter 2010 at $15.91 per square foot, down from $15.97 per square foot in the second quarter 2010. At the end of the quarter, there was nothing under construction in the Peachtree Corners office market.

Class A projects in Peachtree Corners reported a third quarter 2010 vacancy rate of 20.26%, up from the 19.70% reported at the end of second quarter. Net absorptionwithin the class A sector totaled negative 12,054 square feet for the quarter, and no new deliverieswere reported. Quoted rental rates for available space within the class A sector averaged $18.72 at the end of the quarter, down from the $18.84 that was reported in the second quarter. There was nothing under construction in the class A market at the end of third quarter.