News

  Lee & Associates – Atlanta’s Brett Chambless, SIOR successfully represented Samaritan’s Purse in securing a new 172,000 SF warehouse lease at 1347 Highway 92 in Acworth, Georgia.  “Samaritan’s Purse is a nondenominational evangelical Christian organization providing spiritual and physical aid to hurting people around the world” (Samaritan’s Purse). The new facility will serve as a processing center for Operation Christmas Child. This mission was started in 1993 and entails sending millions of gift-filled shoeboxes to…

Jim Ramseur of Lee & Associates – Atlanta provides expert guidance to the Neel family in the strategic decision-making process regarding their more than 19,500 acres of land across Bartow and Cherokee counties. With his deep knowledge of the Metro Atlanta Commercial Real Estate market, Jim is helping the family evaluate the best uses for their property, including potential development, conservation, and investment opportunities. From the Atlanta Journal-Constitution: Plans to establish a granite quarry within…

  We are thrilled to announce that IDI Logistics successfully leased 259,708 square feet at the Northwest 75 Logistics Center, a state-of-the-art facility in White, Georgia. Congratulations to Billy Snowden, SIOR from Lee & Associates – Atlanta and Brad Pope, SIOR, from JLL for their successful collaboration in securing this deal! There is an additional 51,952 square feet of premium, move-in ready space still available at the Northwest 75 Logistics Center. For more information on…

  Market-wide sublease availability has declined for the fifth consecutive month, reaching 8.99 million square feet (MSF) in October 2024—the lowest level since August 2023. Sublease availability in buildings of 250,000 square feet or more has experienced the most significant decline, dropping 30.2% year-over-year. Overall availability (all building sizes) has seen a minimal month-over-month increase, primarily driven by a few small new construction groundbreakings. A substantial wave of speculative supply is expected to deliver over…

At Lee & Associates – Atlanta, we are proud to volunteer annually with For The Hope Partnership, contributing to their vital mission of feeding the Atlanta community. This year, our team participated on October 26, 2024, and we are excited to join in again this December. We are committed to making a difference and aim to support this important charity more than once yearly. Together, we can help nourish our community and make a lasting…

October 4, 2024 (Atlanta, Georgia) – Joseph Mullican, Craig Viergever & Tyler Flemming of Lee & Associates negotiated the sale of 1500 Progress Industrial Blvd. in Lawrenceville.  The 163,170 SF newly constructed shell building was developed by Taylor & Mathis.  The purchaser, a private company, will use the building for their expanded distribution operations after constructing ±3,000 SF of office area and upfitting the building with dock equipment and racking. Read More on Metro Atlanta…

  The dwindling construction pipeline is starting to reduce the availability of new industrial space Overall availability (all building sizes) in Atlanta has declined for the third consecutive month, though it remains about 16% higher than one year ago Sublease availability sits at 12-month low of 9.4 MSF, and has declined by more than 2 MSF since year-end 2023 Sublease availability for buildings over 250,000 SF has declined for the past four months and is…

August 29, 2024 (Atlanta, Georgia) – For the fourth consecutive year, Lee & Associates – Atlanta is thrilled to be recognized on the Atlanta Business Chronicle’s “Best Places to Work” list. Our team is the heart of our company, and we take immense pride in each and every one of them. At Lee Atlanta, we continuously assess our culture to ensure we uphold the genuine, supportive, and energetic environment that has defined our firm over…

  The Atlanta industrial market remains strong, with sublease availability declining by 196,285 SF in September 2024. The continued declining trend reflects robust leasing activity that has kept demand high, reducing the amount of available space. Overall market availability, which includes under-construction projects, sublease and vacant spaces, and occupied spaces being marketed, has also dropped, indicating an active market. Although construction activity in Atlanta has reached its lowest point in a decade, there are signs…