Industrial markets have gone through a dramatic transformational shift. Due to Covid, Americans are shifting their habits of decision-making and consumption. This has forced suppliers of goods and services to find new ways best to meet the demands of the newly shaped spending patterns. Experts believe the shift by consumers to E-commerce has accelerated five years ahead of projections. American consumers truly understand the power they have at the click of a button within their…
Lee & Associates – Atlanta: Recent Research Projects
Lee and Associates Atlanta is pleased to present our 2021 Parking Survey. The primary locations of interest include the Buckhead and Midtown office submarkets. All parking prices mentioned are per space, per month. MORE INFO > Lee Atlanta’s Office Market Report covers all the submarkets in the Atlanta-area focusing on current developments, vacancy, absorption, rental rates, new supply delievered, and under construction. MORE INFO > Lee Atlanta’s Industrial Market Report covers all the…
LEE IN THE NEWS: Lee & Associates Atlanta Represents Westmount Realty Capital in 264,029 SF Portfolio Sale
November 15, 2021 (Atlanta, Georgia) – Lee & Associates Atlanta is pleased to represent Westmount Realty Capital in its recent acquisition of a 264,029 square foot, 12-building portfolio. With this acquisition, Westmount Realty Capital makes its reentrance into the Atlanta market. This portfolio is a flex / office / industrial portfolio located in the Norcross Industrial micromarket of Atlanta. Not only did Lee & Associates Atlanta facilitate the off-market acquisition of this portfolio from Wiedmayer…
NEW LISTING: 107 Luckie Street | Atlanta, GA 30303
USE: Office / Retail AVAILABLE SF: Up to 18,800 S.F. LOCATION: Heart of Downtown Atlanta WALKING DISTANCE: Centennial Park, Mercedes-Benz Stadium, State Farm Arena, World of Coca-Cola, Georgia Aquarium, College Football Hall of Fame STORIES: 3 floors of office space & finished basement LAYOUT: 24 offices | 14 cubes FURNITURE: Included SIGNAGE: Facade or billboard opportunity
Q3 2021 ATLANTA OFFICE MARKET REPORT
Atlanta’s Office Market is starting to gain traction compared to other national office markets. Atlanta continues to land large office tenants such as Microsoft, Cisco, Visa, Papa John’s, and FanDuel to develop national and regional headquarters. While effects of the pandemic are still felt throughout the market, the large leases signed by large multi-national companies show the growing tech and financial hub that Atlanta is becoming. Overall absorption improved significantly compared to Q2 of 2021…
Q3 2021 ATLANTA INDUSTRIAL MARKET REPORT
Atlanta’s industrial market continues to roll along to new heights. While net absorption was down this quarter, it was still a robust 5.3 MSF and now top 26.3 MSF for the year, which tops the record set in 2017. In addition, the vacancy rate dropped to a record low of 4.4%, down 50 basis points in just 90 days, and the lowest rate ever seen. Due to the high demand for space, rental rates are…
LEE IN THE NEWS: Lee & Associates Atlanta Represents Equity Residential in Purchase of Novel Upper Westside
October 12, 2021 (Atlanta, Georgia) – Lee & Associates Atlanta is pleased to represent Equity Residential in the purchase of Novel Upper Westside located at 2265 Marietta Blvd. Allen Eager, Director with Lee & Associates, assisted Equity Residential jumping back into the Atlanta market after a decade absence. This is Mr. Eager’s second time representing Equity Residential this year. The Chicago-based multi-family investment firm paid $122 million for the 345-unit complex, now named Luna Upper…