With the close of 2024, Atlanta’s industrial development pipeline has reached historic lows, signaling a significant market shift heading into 2025. While vacancy rates have increased to 8.8%, largely due to the delivery of vacant big-box product, leasing activity in the bulk space sector picked up toward the end of the year. This area, which has been the primary driver of the rising vacancy rate, is expected to see further improvement as tenants take occupancy…
Availability & Sublease Tracker | February 2025
Industrial Overall Availability: Total available industrial space inched up to 93.03 million SF in January 2025, from 91.37 million SF in December 2024. Sublease Availability: Sublease availability rose slightly to 9.86 million SF in January 2025, largely due to a new 356,000 SF sublease at 300 Horizon Drive in Northeast Atlanta. Development Activity: There was little change in development activity from last month, but groundbreakings are expected to increase as strong leasing activity continues.
LEE IN THE NEWS: Hines and Aubrey Corporation Unveil Industrial Park and Master-Planned Community In Atlanta Suburbs
(ATLANTA) – Hines, the global real estate investment manager, has announced a partnership with the Aubrey Corporation, to create a new employment center and mixed-use village consisting of over 2,390 acres, in Bartow County, Georgia. Once complete, the mixed-use development will include up to ten million square feet of new manufacturing, data center, and logistics facilities as well as shops, restaurants, hotels, and a diverse offering of residential properties. A network of trails, parks, and…
Lee & Associates – Atlanta Reflects on a Strong 2024 and Looks Ahead to an Even Brighter 2025
As 2024 draws to a close, Lee & Associates – Atlanta is taking a moment to reflect on a year of growth, achievement, and preparation for the exciting opportunities ahead. This year has been marked by significant milestones, including the promotions of talented brokers, the expansion of our team with new professionals and our office expansion. A Year of Achievement and Growth In 2024, Lee & Associates – Atlanta made impressive strides in building and…
Q4 2024 Atlanta Market Reports
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January 2025 | Market Brief
Atlanta’s medical office market is thriving, carving out a unique position in the city’s commercial real estate landscape. Vacancy rates have plummeted to a decade-low of 8.3% as of Q4 2024, underscoring the sector’s resilience in an otherwise challenging market. This surge in demand is largely attributed to Atlanta’s booming population and the aging baby boomer demographic, both of which are driving the need for accessible, high-quality healthcare facilities. The growing importance of strategically located…