While it’s no “Dundie Award”, we want to give a huge shoutout and congratulations to Joseph Mullican SIOR for winning the Moneyball this month!
April 2023 Moneyball | Craig Viergever, SIOR
Congrats to our #moneyball winner Craig Viergever, SIOR! It’s been a while, but we are glad the ball’s been passed back to you! Definitely a well-earned award!
Q1 2023 SAVANNAH INDUSTRIAL MARKET REPORT
The rapid growth in goods spending and increased imports to the fast-growing Port of Savannah has led to record demand for industrial space. After decreasing for three consecutive quarters, vacancy has increased to 2.7% in Q1 due to the timing of new deliveries. Leasing activity rebounded in Q1 with record absorption after a considerable slowdown in the second half of 2022. The largest leasing transaction for the quarter was a 1,231,693 SF building to be…
LEE IN THE NEWS: SIOR Global Spring Conference | John Sharpe, SIOR, CCIM | John DeCouto, CCIM, MCR.h
Lee & Associates of Illinois Principal and Owner John Sharpe, SIOR, CCIM, was the recipient of the “Largest Dollar Volume Member-to-Member Transaction by a Member Associate” at the Society of Industrial and Office Realtors (SIOR) Spring Conference held in Montreal, Quebec, Canada on April 26-29, 2023…. Sharpe, along with John DeCouto, CCIM of Lee & Associates’ Atlanta office, represented Smart Warehousing in this lease transaction.
PODCAST: Leasing Ladies | Link Logistics
Brought to you by Lee & Associates – Atlanta, welcome to ‘Deals in Heels’, the newest edition to the ‘Lately with Lee’ podcast! Your host, Cori Nuttall, CCIM, is taking the reins and talking to the women changing the landscape of Commercial Real Estate. In a traditionally male-dominated industry, these women have made a name for themselves, and their successes have led the way for others to join. Grab your Heels…let’s dig in! On the…
Q1 2023 Atlanta Industrial Market Report
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…
Q1 2023 Atlanta Office Market Report
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…