Research

Lee & Associates – Atlanta is pleased to present our Beltline feature video! Exciting things are happening on the South section of the Westside Beltline Trail – tune in to learn more! Recent graduates from our Research Associate program, Grayson Bluhm and Subham Nandy, compiled extensive research on current development projects along the Atlanta Beltline as part of our broker training program. We are excited to share what they put together and hope you enjoy! Please reach out if…

Demand for warehousing and distribution space to accommodate growing freight volumes is at an all-time high in Savannah. The market is extremely tight, with vacancy at 2.0% and few available space options for new and expanding tenants. Consequently, developers remain active, delivering more than 4 million SF of space in Q2 while maintaining a construction level topping 23 million SF for the second consecutive quarter. The catalyst for this growth is the Port of Savannah,…

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…

Demand for Atlanta industrial space remains very strong, if slightly below record levels experienced in 2021. Net absorption in Q2 approached 4.5 million SF, a healthy figure despite a dwindling supply of available space. Developers are active, having delivered more than 12 million SF this year and with another 47.7 million SF (a record high) underway. Supply chain disruptions continue to extend development timelines, which will continue to impact available space options for new and…

Atlanta’s office market is back in positive territory in 2022, recording nearly 1 million SF of net absorption through midyear. Midtown is attracting the greatest share of occupancy gains with Q2 absorption just north of 620,000 SF. Overall leasing activity is up 35% relative to Q2 of 2021 and the vacancy rate fell for the first time in nearly four years. While overall activity still pales in comparison to pre-pandemic levels, relocation and expansion announcements…