News

The demand for warehouse and distribution space is crunching Atlanta’s industrial vacancy rate further and further. Click the button below to read the full article.  

Since our year-end 2021 Industrial Pipeline Report, the macro fundamentals of industrial real estate have experienced seismic shifts that have had some immediate impacts on current development activity, and will surely impact development moving forward. In the second half of 2022 and beyond, developers will continue to face challenges with construction costs, construction timelines, and capital markets. “It’s very challenging to finance a project when your capital partner can’t predict their exit cap rate, lease…

June 29, 2022 (Atlanta, Georgia) – Lee & Associates – Atlanta is pleased to announce the promotion of Mendy Ruder to Principal! Mr. Ruder specializes in tenant, landlord, and owner/user representation, specifically for local and national companies that occupy manufacturing, distribution, logistics, and service facilities. Since joining Lee & Associates in November 2020, Mr. Ruder has completed over $20 million in transaction volume. Working on industrial real estate transactions in Atlanta and across the country,…

ATLANTA, Ga. (CBS46) – Thousands of people fear they’ll lose access to a major hiking, hunting, and fishing area just outside metro Atlanta. Pine Log Wildlife Management Area is 14,000 acres in Cherokee and Bartow Counties, less than an hour drive from downtown Atlanta. The land is part of a 19,000-acre property put up for sale in May. Aubrey Corporation has privately leased the land to Georgia Department of Natural Resources for the last 45…

As unyielding demand for industrial space spreads north, a longtime landowner of 19,500 acres is seizing an opportunity. The Aubrey Corp. — formed by a family who has owned the land for nearly a century — plans to sell its massive collection of agricultural and horticultural land in Northwest Georgia. Jim Ramseur, executive vice president and partner at Lee & Associates, is representing the seller. The portfolio runs through Bartow and Cherokee counties. It’s such a…

The red-hot I-75 corridor just picked up another major player with massive holdings near White as well as other parts of Bartow County and Cherokee County are now up for sale. The Aubrey Corp. has put 19,500 acres on the market. The price tag tops $1 billion unless the properties are purchased en masse, according to the Atlanta Business Chronicle. Potential use for the properties include timber/recreational green space, industrial, residential, commercial, retail and mineral….

DALLAS — Lee & Associates has negotiated a 153,150-square-foot industrial lease at 2340 I-35 W. Service Road in Dallas. The crane-served building features 24-foot clear heights, 24 drive-in doors and 6.8 acres of outdoor storage space. Joseph Mullican and Brett Lewis of Lee & Associates represented the undisclosed tenant, which will occupy the entirety of the building, in the lease negotiations. The name and representative of the landlord were not disclosed. To read the full…

May 10th, 2022 (Atlanta, Georgia) – The Aubrey Corporation, owner of ±19,500 acres in Cartersville, Georgia (within Bartow and Cherokee Counties), announced today that they have tapped Jim Ramseur, Executive Vice President, and Partner at Lee & Associates – Atlanta, and his team with the disposition of the entire corporation’s portfolio. The holdings consist of parcels that are slated for a variety of land uses, including Timber / Recreational green space, Industrial, Single-Family Residential, Multi-Family…

Welcome to Lee & Associates –  Atlanta’s podcast ‘Lately with Lee ATL’, where we talk about Atlanta commercial real estate, office news, and everything in between. This week, Willie & Lee sit down with Justin Myers! Justin is a broker out of the Big Apple at our Lee & Associates – New York office. Check it out to hear about Justin’s career, personal life, and more! Check out other podcasts & platforms to listen on:…