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…
PODCAST: Greg Gill | A Wealth of Knowledge
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…
Q4 2022 Atlanta Office Market Report
The Atlanta office market experienced some highs and lows in the final quarter of 2022. Vacancy ended Q4 at 18.5%, a 50 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 Emory Healthcare (112,000 SF) and Novelis (89,553 SF) in the Northlake and Buckhead submarkets. However, as developers pushed forward with new groundbreakings at 4.6M SF actively under…
LEE IN THE NEWS: Cori Nuttall, CCIM & Willie Candler represent JTEC Energy Inc. in securing new office HQ at Lee + White
January 10, 2023 (Atlanta, GA) – JTEC Energy Inc. (JTEC), represented by Lee & Associates’ Cori Nuttall, CCIM & Willie Candler, has signed an 18,755 SF lease in Atlanta’s West End. JTEC anticipates occupying their new space at Lee + White, a popular mixed-use development in Atlanta’s West End, in the second quarter of 2023. JTEC Energy Inc. is a producer of renewable energy and was launched in 2020 by founder, Lonnie Johnson. The company…
PODCAST: Jessica Mauser | The Queen of Retail
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 Jessica Mauser, Managing Principal and Co-President of the Lee & Associates – East Bay office. In this episode, they discuss their careers, what’s going on in the East Bay office, personal life, and more! Check it out to get…
LEE IN THE NEWS: RICK TUMLIN, KURT UNGER, AND JOHN SHARPE NEGOTIATE A 401,242 SF LEASE IN GILLEM LOGISTICS CENTER
November 18, 2022 (Atlanta, Georgia) – Rick Tumlin, CCIM, SIOR and Kurt Unger, SIOR, with Lee & Associates – Atlanta alongside John Sharpe, SIOR, CCIM with Lee & Associates – Chicago, successfully represented a third-party logistics client in a new 401,242 SF lease at Gillem Logistics Center in Forest Park, GA. The lease is with a subsidiary of Covenant Logistics Group (Covenant), a Chattanooga-based third-party logistics company. Covenant will partially occupy Building 1100 within Gillem Logistics…