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Although there is a sustained demand for industrial space in Atlanta, the market activity during Q1 2023 has shown a deceleration. Vacancies have risen slightly off of record lows, ending Q1 with a 50-basis point jump to 4.5%. Overall net absorption fell, with just under 2 million SF newly occupied. While activity cooled in Q1, the rise in sublease space during the Fall of 2022 has subsided and overall availability levels have stabilized. Despite Atlanta’s…

Despite an overall slowing of office fundamentals nationally, Atlanta’s office market has posted positive overall activity for four consecutive quarters. Vacancy ended Q1 at 18.4%, a 10-basis point decrease from the previous quarter. Net absorption, while not as robust as quarters past, was in the positive thanks to major tenant move ins from Zaxby’s (51,493 SF) and TSA (44,000 SF) in the Central Perimeter and South Atlanta submarkets. Increasing interest rates and macroeconomic concerns placed…

Is this Moneyball Deja Vu or is Billy Snowden, SIOR just that good?! Congrats on reclaiming the #Moneyball this month! Stay tuned to see if next month is a #tossup!!

April 14, 2023 (Atlanta, GA): We are excited to announce that Tony Terrell has joined Lee & Associates – Atlanta as a Director! Prior to joining Lee-Atlanta, Tony worked for JLL and Cushman & Wakefield where he represented both tenants and landlords in acquiring and disposing of office, flex and industrial space. Tony will collaborate with Lee Atlanta’s brokerage team to secure leases and purchases for local and national occupiers. Welcome Tony!

Guess who’s back?! Brett Chambless, SIOR is once again our MoneyBall winner! Congratulations on completing this major deal right here in Atlanta and winning the month’s #MoneyBall. Competition is ripe over here at Lee Atlanta…who will be next?! https://www.youtube.com/watch?v=rP-nnqwuDQI

March 10, 2023 (Atlanta, GA): Matthew Reynolds has joined Lee & Associates – Atlanta as Director. Prior to joining Lee & Associates – Atlanta, Matthew worked in the Atlanta industrial market with EQT Exeter, where he was directly responsible for leasing and acquisition efforts across Exeter’s 18 MSF Atlanta portfolio. Matthew will be working with industrial occupiers throughout South Atlanta, specifically representing tenants and buyers along the I-85 and I-75 South Corridors.

March 10, 2023 (Atlanta, GA): Lee & Associates – Atlanta’s Michael Palazzone has been promoted to Director! With a background in investment & financial services, Michael joined Lee Atlanta in 2020. Focused on Midtown & Central Perimeter submarkets, Michael specializes in tenant representation for medical, office & industrial users. Michael aims to create long lasting relationships with his clients by listening to their needs, finding creative solutions & educating them so they can make informed…

March 10, 2023 (Atlanta, GA): Lee & Associates – Atlanta is pleased to announce that Mark Thomas has been promoted to Director! Previously with Marcus & Millichap, Mark specializes in on and off-market investment sales. Most recently, Mr. Thomas represented both the buyer and seller in the off-market sale of an 8-building portfolio comprising ±95,675 SF. Mark is skilled in handling complex transactions, and is a dedicated, energetic, and hard-working broker. The firm can’t wait…

Welcome to Lee & Associates –  Atlanta’s podcast ‘Lately with Lee ATL’, where we talk about Atlanta commercial real estate, office news, and everything in between. On this very special episode of Lately With Lee, Willie is joined by his counterpart, Cori Nuttall, CCIM and they have some very big news to share! After this episode, Willie will be passing the baton over to his counterpart, Cori! A huge shoutout to host Willie Candler for…