CLICK TO DOWNLOAD & PRINT
2023 | Best Places to Work
We are extremely proud to have been named one of the “Best Places to Work” by the Atlanta Business Chronicle! Our company strongly values culture, and we believe that in order to have excellent culture, you must have excellent people. We truly have the best people, and they have created a genuine, supportive, and fun culture. At Lee & Associates, we work hard to play hard, and this award demonstrates our ability to balance the…
LEE IN THE NEWS: Craig Viergever, SIOR & Tyler Flemming
This Week’s Atlanta Deal Sheet: Storage Startup Taking Space At Westside Provisions – spotlights Tyler Flemming and Craig Viergever, SIOR. Electrical engineering firm EAE USA leased 102K SF of warehouse space with Blackstone subsidiary Link Logistics in Tucker. The firm signed a seven-year lease for the entire building at 2000 Mountain Industrial Blvd. Lee & Associates Executive Vice Presidents Craig Viergever and Tyler Flemming brokered the deal for the landlord, Link Logistics. Transwestern Real Estate…
Q2 2023 SAVANNAH INDUSTRIAL MARKET REPORT
The Savannah industrial market saw relief in Q2 2023 as it added 7.9 MSF of new inventory, bringing vacancy up to 4.8%. While booming demand has quickly filled Savannah’s robust speculative supply pipeline over the past few years, groundbreakings have leveled off thus far in 2023. However, Savannah’s development pipeline remains substantial at 17.2 MSF under construction, of which 16% was committed at the end of Q2. Though consumer spending on goods has begun to…
August 2023 Moneyball | Murray Gray
Drumroll, please! 🥁 Congratulations to this month’s “Moneyball” winner, Murray Gray!!!
Mid-Year 2023: Industrial Pipeline
The headwinds of frozen capital markets, declining leasing activity, and elevated construction costs combined have ceased almost all speculative development. In most submarkets, even if the land were free, there is no way to justify speculative development for the merchant developer who plans to exit upon stabilization. As a result of the banking crisis and increased interest rate environment, developers’ ability to secure construction loans for new speculative projects is almost impossible. Eighteen months ago…