LEE IN THE NEWS: Hines and Aubrey Corporation Unveil Industrial Park and Master-Planned Community In Atlanta Suburbs
(ATLANTA) – Hines, the global real estate investment manager, has announced a partnership with the Aubrey Corporation, to create a new employment center and mixed-use village consisting of over 2,390 acres, in Bartow County, Georgia. Once complete, the mixed-use development will include up to ten million square feet of new manufacturing, data center, and logistics facilities as well as shops, restaurants, hotels, and a diverse offering of residential properties. A network of trails, parks, and…
Lee & Associates – Atlanta Reflects on a Strong 2024 and Looks Ahead to an Even Brighter 2025
As 2024 draws to a close, Lee & Associates – Atlanta is taking a moment to reflect on a year of growth, achievement, and preparation for the exciting opportunities ahead. This year has been marked by significant milestones, including the promotions of talented brokers, the expansion of our team with new professionals and our office expansion. A Year of Achievement and Growth In 2024, Lee & Associates – Atlanta made impressive strides in building and…
Q4 2024 Atlanta Market Reports
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January 2025 | Market Brief
Atlanta’s medical office market is thriving, carving out a unique position in the city’s commercial real estate landscape. Vacancy rates have plummeted to a decade-low of 8.3% as of Q4 2024, underscoring the sector’s resilience in an otherwise challenging market. This surge in demand is largely attributed to Atlanta’s booming population and the aging baby boomer demographic, both of which are driving the need for accessible, high-quality healthcare facilities. The growing importance of strategically located…
Availability & Sublease Tracker | January 2025
Industrial Availability Declines in December 2024: After an increase in November from several new groundbreakings of speculative product, industrial availability in Atlanta declined in December, driven by strong leasing activity. Sublease Availability Shows Year-Over-Year Decline: Positive tenant demand led to a 19.5% decline in sublease availability year-over-year, despite a small month-over-month increase. Under-Construction Pipeline at Low Levels, Future Spec Projects Expected: The under-construction pipeline for industrial properties stood at 5,198,515 square feet at the…
Lee & Associates – Atlanta 2025 Industrial Forecast
The annual Lee & Associates Atlanta Industrial Real Estate Forecast is a forward-looking analysis of changing market conditions in 2025. Atlanta’s industrial fundamentals remain among the strongest in the nation and activity is expected to gain more momentum as the economic conditions improve. The following pages outline recent performance, the economic drivers impacting industrial buildings, and our outlook on activity in 2025. We hope this forecast prepares you for changing conditions ahead and inspires your…