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As an industrial corridor grows in northwest Georgia, a vast stretch of rural land is catching the eyes of dozens of developers and even state officials. Georgia’s Department of Natural Resources and The Aubrey Corp. are in active negotiations over selling 14,100 acres to the state, said Jim Ramseur, a partner at Lee & Associates, which is marketing the land for the owner. The site is now leased to the state for the Pine Log Wildlife…

February 7, 2023 (Atlanta, Georgia) – Lee & Associates – Atlanta is pleased to announce that Murray Gray, Joseph Mullican and Connor Winkler have all accepted invitations to become Partners of the firm and have therefore been promoted to Executive VP | Principal.   Founding Partner, T. Richard Bryant, notes, “To be invited into the partnership, one must meet production requirements as well as leadership requirements. Since joining the firm, in addition to meeting those…

For the first time since the beginning of the COVID pandemic, market fundamentals reflect that the expansion phase of the most recent development cycle is coming to an end. Capital market constraints, costs of construction, and uncertainty of future tenant demand are all factors in the development slowdown. Many of the nation’s leading banks have ceased construction loans for new projects and many equity players are on the sideline until there is clarity on exit…

January 25th, 2023 (Atlanta, GA): Lee & Associates – Atlanta is excited to announce the promotion of Cori Nuttall, CCIM to Principal. Ms. Nuttall began her career in 2018 with Lee Charleston, specializing in office & corporate services. Cori then joined Lee Atlanta in 2021. Since joining, Cori has made quite a name for herself in the Atlanta CRE industry, completing over $23M in transaction volume in 2022 alone. Most recently, Cori was recognized for…

While demand for industrial space continues to prosper throughout Atlanta, there was a slight slowdown in Atlanta’s industrial market in Q4 2022. Vacancies have risen slightly off of record lows reached in late 2021, ending Q4 2022 with a 30 basis point jump to 4%. While demand and leasing velocity remain strong, rising vacancy and availability should provide relief for new and expanding Atlanta area tenants. The metro’s development pipeline continues to thrive, ending Q4…

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. This week, Willie had the chance to sit down with Greg Gill, President of the Los Angeles – Long Beach offices for Lee & Associates. In this episode, they discuss their careers, personal life, and more – Greg has got some awesome advice & stories to share! Check it…