September 3, 2020 (Atlanta, Georgia) – Congratulations to Craig Viergever, SIOR for making Globe Street’s Industrial Influencers 2020 list. Globe Street selects people, teams and organizations not just based on numbers or volume of sales. They select individuals based on their skills, expertise, and the mark they have made in the industry. Please click the button to read the full article.
Lee & Associates – Atlanta Arranges Industrial Lease Totaling 262,530 Square Feet in Douglas County – I-20 West Submarket
Lee & Associates’ Atlanta office is pleased to announce the closing of a 262,530 square foot industrial lease at Factory Shoals Distribution Center II – Lithia Springs, GA. Lee & Associates’ Billy Snowden, SIOR, Rick Tumlin, CCIM, SIOR, and Mike Sutter, SIOR represented the tenant, Comptree Inc., in the leasing of 965 Douglas Hill Road, a newly delivered, modern distribution facility in the I-20 West submarket. Denton Shamburger and Turner Fortin represented the landlord, a…
Mid-Year 2020 Atlanta Office Market Report
The Atlanta Office Market had a surprisingly strong quarter, despite all the obstacles. Overall Net Absorption ended the quarter with 133,517 SF. Most of the strength was in the Class A market, which had over 373,073 SF of absorption for the quarter. Rental rates continue to rise to $28.23 up from $27.80 in the previous quarter, which are up 5.14% from a year ago. Atlanta’s tenant strength has remained in the technology and FIRE sectors…
Fulton Industrial Market Newsletter Q2 2020
Our very own Connor Winkler’s !-20 W / Fulton Industrial Market Newsletter has arrived! Take a look at the full newsletter to get more insight into this budding Atlanta submarket. – Despite apparent business disruptions due to COVID-19 workplace restrictions, the industrial real estate sector has remained resilient and in rampant demand as distribution and manufacturing facility leasing activity continues to surge in Atlanta. The shift from the traditional bricks and mortar retail to online…
Lee & Associates – Atlanta Brings 259,262 SF Industrial Building to 100% Occupancy with Simultaneous Leases in the Atlanta Airport Submarket
Lee & Associates’ Atlanta office is proud to announce the closing of two simultaneous leases bringing the 259,262 square foot industrial building at 4099 Old Dixie Hwy. to 100% occupancy. Acquired as a value-add last mile facility by Meniscus Group in late 2016, the Lee & Associates team of Mike Sutter, SIOR and Billy Snowden, SIOR represented ownership on the acquisition and subsequent repositioning of the asset. The team advised ownership on approaches to maximizing…
In the News: Lee Atlanta Returns to the Office
With the uncertainty regarding how long COVID-19 will impact business, it remains unclear when many companies will return to in-person work. We at Lee & Associates Atlanta are excited to announce that we are planning to return to the office this Monday, May 15th, 2020. So as to keep our office safe, many new safety precautions have been put in place: plexiglass has been installed at the reception desk and cubicles, there is a mandatory…
Spring 2020 Savannah Industrial Market Report
While fundamentals are still healthy, vacancies ticked higher as well as a significant decrease in net absorption in the first quarter of 2020 in the Savannah Industrial market. Demand for space in the market is poised strong, however. The market absorbed roughly 7.4 million SF of space in 2019, and on a year-over-year basis, the Savannah market is in the top ten nationally for net absorption. Though Savannah has seen accelerated leasing momentum in the…
Metro Atlanta Build to Suit Development
Closing out another year of Industrial Development! Currently there are 11 build-to-suits under construction in the Metro Atlanta area, totaling 7.5 million square feet! Do you recognize the logos below? The submarket of South Atlanta currently holds the most build-to-suit activity. The information and details contained herein have been obtained from third-party sources believed to be reliable; however, Lee & Associates Atlanta has not independently verified its accuracy. Lee & Associates Atlanta makes no representations,…
Q3 2019 Atlanta Office Development Pipeline
Click HERE to read our Q3 2019 Atlanta Office Development Pipeline.