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Atlanta’s industrial real estate market had its second straight monthly decline in sublease availability, with a reduction of 441,751 square feet in July 2024.   One of the main drivers was eFulfill’s takedown of 468,827 square foot space in I-20 West. The overall market availability (comprised of under construction, sublease space, vacant space, and occupied space marketed as “available”) has also decreased, thanks to robust leasing activity this quarter. We are likely to see diverse market…

ATLANTA (July 29, 2024) – JTEC Energy Inc. (JTEC), a producer of renewable energy, has expanded its headquarters at Lee + White in Atlanta’s West End, adding 9,800 square feet to its existing 18,775 square feet of space in Building 1050. The expansion adds lab space and allows for the addition of new employees, significantly increasing production of the revolutionary JTEC cleantech energy device. Cushman & Wakefield’s Porter Henritze and Melanie Garlock completed the lease…

Sublease availability decreased by 294,060 square feet for June 2024.  Only 12 new subleases were added to the market in June with only one exceeding 100,000 square feet. Total available space includes under construction, sublease space, vacant space and occupied space that is being marketed as “available.  Total availability increased by 3.5 MSF over last month.  The 3.5 MSF increase was driven primarily by six new, large second-generation availabilities totaling about 2 MSF in the…

In May, sublease availability increased by 760,757 SF over the previous month.  Seven new sublease availabilities, each over 100,000 SF+, contributed to the largest increase in sublease availability year to date. The largest new sublease posted in May was Kuehne & Nagel’s 474,425 SF at 2160 Anvil Block Rd in South Atlanta. Even with the increase in Sublease SF, the total availability (vacant + under construction + sublease) fell, which Lee & Associates forecasted at…

May 13, 2024 (Atlanta, Georgia) – Lee & Associates – Atlanta proudly announces a strong 2023 and a triumphant start to 2024. With a transaction volume of more than $1.42 billion spanning over 12 million square feet, 2023 was one of the firm’s best years yet. Thus far, 2024 has been marked by numerous accolades, strategic promotions, and dynamic team expansions in the Atlanta office. Awards & Recognitions Lee & Associates – Atlanta has further…

April 25, 2024 (Atlanta, Georgia): Lee & Associates – Atlanta is proud to announce that our very own Joseph Mullican, SIOR and Mark Thomas represented both sides of an off-market sale transaction. Joseph represented the seller, Warehouse One-Lawrenceville, LLC & Warehouse One-Pike, LLC, and Mark represented the buyer, Oakhurst Capital Partners, LLC. The portfolio includes 6 individual industrial warehouses located at 485 Buford Drive and 360 West Pike Street | Lawrenceville, GA. The total square…