Atlanta, Georgia (June 2021) – Lee & Associates Atlanta is pleased to announce that West Oak Business Center is 100% leased. The team of Billy Snowden, SIOR and Tommy Hiles, SIOR was hired in June 2020 by Clarion Partners to oversee leasing for the 505,268 SF, eight-building infill industrial portfolio. Since that time, they have completed 5 leases totaling 166,349 SF and rebranded the park’s marketing materials.
PROPERTY MANAGEMENT: Lee & Associates Atlanta’s Property Management Adds Business Commons at Johns Creek to Growing Portfolio
Atlanta, Georgia (June 1, 2021) – The Property Management team at Lee & Associates Atlanta has been awarded the management for Business Commons at Johns Creek at 3975-3985 Lakefield Court. The new assignment is a 131,987 SF multi-tenant industrial flex property. The recent purchase by Toccoa Capital Management will be leased by Lee & Associates Atlanta, as well. “We are excited to be both managing and leasing the property for the private equity firm. Having the…
CLOSED DEAL: 7550 Wood Road | Douglasville, GA 30134
SF: 135,938 TRANSACTION: Leased TYPE: Industrial BROKER: Billy Snowden, SIOR Mike Sutter, SIOR
LEE IN THE NEWS: Realterm Logistics Acquires Final Mile Distribution Warehouse and Maintenance Shop in Atlanta, GA
Realterm Logistics announces the acquisition of a 65,500-square-foot final mile warehouse and 22,400-sqaure-foot maintenance shop located at 5230 Feldwood Road, College Park, GA. The building sits on 13.5 acres. The property is strategically located with immediate access to Route 29 which connects to major interstates such as I-285, I-20 and I-85. Additionally, it is only 10 minutes from Hartsfield-Jackson Atlanta International Airport and 18 minutes from downtown Atlanta. The site offers access to more than…
LEE IN THE NEWS: Chinese E-Commerce Company Leases Warehouse Space Near Atlanta
(May 12, 2021 ) Starmerx, a Chinese company that specializes in cross-border e-commerce, is opening a new warehouse in greater Atlanta. The company reached a deal with The Silverman Group for 135,937 square feet at 7550 Wood Road, a 271,875-square-foot building completed last year in Douglasville, Georgia. Starmerx is splitting the property with supermarket chain, Pathmark, and with the deal brings the property to fully leased. The property is the third building constructed within the Bright…
LEE IN THE NEWS: North Signal Capital Announces 59,000 SF Lease to Seawest Logistics within RiverPort Commerce Park
HARDEEVILLE, S.C., May 12, 2021 /PRNewswire/ — Today, North Signal Capital, is pleased to announce the execution of a 59,182 SF, 7-year lease with Seawest Logistics within RiverPort Commerce Park. Seawest Logistics is a growing apparel logistics company based in Edison, New Jersey. Following the execution of the lease in April 2021, North Signal is working with Seawest to construct their customized premises within RiverPort 1 (201 Exchange Place Hardeeville, SC). The upfit work is…
Q1 2021 Savannah Industrial Market Report
The Port of Savannah continues its momentum as the fastest-growing container port in TEU (twenty-foot equivalent unit) volume. Consequently, development and investor interest continues to increase at a rapid pace. In the last two years, Savannah added over 15 million square feet (MSF) of new facilities to the market. As of April 2021, CoStar reported an additional 12 MSF currently under construction, one of the highest square footages in the nation with only 15% preleased.
Q1 2021 Atlanta Office Submarket Reports
Our 2021 Q1 Office Submarket Reports have arrived! Click on the images below to read: