News

January 10, 2023 (Atlanta, GA)  – JTEC Energy Inc. (JTEC), represented by Lee & Associates’ Cori Nuttall, CCIM & Willie Candler, has signed an 18,755 SF lease in Atlanta’s West End. JTEC anticipates occupying their new space at Lee + White, a popular mixed-use development in Atlanta’s West End, in the second quarter of 2023. JTEC Energy Inc. is a producer of renewable energy and was launched in 2020 by founder, Lonnie Johnson. The company…

November 18, 2022 (Atlanta, Georgia) – Rick Tumlin, CCIM, SIOR and Kurt Unger, SIOR, with Lee & Associates – Atlanta alongside John Sharpe, SIOR, CCIM with Lee & Associates – Chicago, successfully represented a third-party logistics client in a new 401,242 SF lease at Gillem Logistics Center in Forest Park, GA. The lease is with a subsidiary of Covenant Logistics Group (Covenant), a Chattanooga-based third-party logistics company. Covenant will partially occupy Building 1100 within Gillem Logistics…

Check out our Market Report featured in Bisnow’s Article: Atlanta Hits New Record For Industrial Construction While Demand Is Holding Steady

Developers continued to respond to the heightened demand for industrial space in Atlanta in Q3 2022 with 10.8M SF of groundbreakings, bringing total under construction to 44 MSF. Twenty-two percent of under construction space is pre-committed, despite a slower quarter of leasing activity relative to previous quarters. Vacancy increased 10 basis points in Q3 to 3.7%, which is still far below the market’s 10- year average of 6.7%. The Atlanta region is emerging as a…

Given occupier concerns with the future of office space and more downsizing than expansions, Atlanta’s vacancy rate remains nearly unchanged year-over-year, ending Q3 2022 at 19%. Several new, Class A office buildings delivered this quarter, including Midtown’s Midtown Union which was 60% preleased at the time of delivery, Downtown’s Fourth Ward which was 68% preleased at the time of delivery, and Buckhead’s One Phipps Plaza which was 35% preleased at the time of delivery. While…

We are extremely proud to have been named one of top 10 “Best Places to Work” in Atlanta! Our company strongly values culture, and we believe that in order to have excellent culture, you must have excellent people. We truly have the best people, and they have created a genuine, supportive, and fun culture. At Lee & Associates, we work hard to play hard, and this award demonstrates our ability to balance the two. Thank…

Specialty Contractor Leases Space in Northcreek Office Park, Puts Current HQ Up for Sale……

We are thrilled to announce that out of all Lee & Associates offices nationwide, Lee Atlanta has been awarded “2022 Outstanding Marketing Presence”! This is a wonderful achievement for the Lee Atlanta team, and we are so proud of our marketing department! When Hannah Johnson (Sr. Marketing Coordinator) & Bentley Rysedorph (Sr. Designer) teamed up back in 2021, they set out on a mission to be the best of the best. This award is a true testament to their…

August 12, 2022 (Atlanta, GA): Lee & Associates – Atlanta is pleased to announce the promotion of Patricia Donahue to Director! Ms. Donahue transitioned into industrial real estate brokerage in April 2021 and has worked diligently since to earn this promotion. Ms. Donahue specializes in tenant advisory services including location consulting, site selection, and build-to-suit coordination for tenants on a local and national basis. A very hard-working individual, it is no surprise that Ms. Donahue…