Atlanta’s office market hit a 12-year high at 19.1% vacant at the end of Q2 2023. This time last year, companies absorbed 1.3 MSF, in stark contrast to this quarter’s -1.6 MSF. While leasing activity increased from last quarter, tenants continue to evaluate current footprints and determine future space requirements. AT&T, a major player in Atlanta’s office market, shed almost 500,000 SF in Q2 2023 as it announced consolidation, but in early July committed to…
LEE IN THE NEWS: Lee & Associates – Atlanta Promotess Griff Sims, Lee Steed, and Will Uhl
July 18, 2023 (Atlanta, GA): Lee & Associates – Atlanta is pleased to announce the promotion of Griff Sims to Principal! Griff specializes in structuring and negotiating commercial office leases and sales with acumen in legal, construction, and design. He has built a reputation as a solution-driven negotiator with careful attention to detail. Mr. Sims has over 30 years of tenant & landlord representation, completing 900+ lease transactions exceeding 3 million square feet of office…
Q2 2023 Atlanta Industrial Market Report
After record-setting activity in 2021 and 2022, Atlanta’s industrial market slowed in the first half of 2023. While industrial demand remains high, a slow deal process coupled with market uncertainty led leasing activity to decline to 6,460,974 SF in Q2 2023, the lowest level since Q3 2011. Sublease availability also grew by more than 3.2 MSF in Q2. Decelerating activity has not discouraged landlords from increasing rents, which hit a new record high of $8.32…
PODCAST: Insuring Success | USI Insurance Services
Brought to you by Lee & Associates – Atlanta, welcome to ‘Deals in Heels’, the newest edition to the ‘Lately with Lee’ podcast! Your host, Cori Nuttall, CCIM, is taking the reins and talking to the women changing the landscape of Commercial Real Estate. In a traditionally male-dominated industry, these women have made a name for themselves, and their successes have led the way for others to join. In the latest installment of ‘Deals in…
New Property Management Assignments | Ronald Reagan & United Drive
Exciting news! Our Property Management Group was just awarded two new management assignments and will be announcing more in the coming weeks! We look forward to continuing our standard of excellent service to our clients. Want to know more? Reach out to Lindsay Merritt at Lmerritt@lee-associates.com and let us help you! #propertymanagement #newassignments #atlantacre
July 2023 Moneyball | Connor Winkler
Congratulations to first time Moneyball winner, Connor Winkler! Mentor and former winner, Trip Ackerman, has a few words to share, and we are trying not to fall out of our chair laughing! All jokes aside, Connor is an extremely hard worker who goes above and beyond for his clients. Congratulations Connor, we know this won’t be your last time with the #moneyball!
June 2023 Moneyball | Griff Sims
Dreams really do come true! Hard work pays off and apparently, “Moneyball” Winners score goals – even in their sleep! Congratulations Griff Sims on winning this past month’s MoneyBall!! #moneyball #cre #atlantacre #dreambig #congratulations #leeandassociates #officecre #AtlantaBusiness #CREBroker #AtlantaProperties
PODCAST: The Value of Simplicity | Hardy World
Brought to you by Lee & Associates – Atlanta, welcome to ‘Deals in Heels’, the newest edition to the ‘Lately with Lee’ podcast! Your host, Cori Nuttall, CCIM, is taking the reins and talking to the women changing the landscape of Commercial Real Estate. In a traditionally male-dominated industry, these women have made a name for themselves, and their successes have led the way for others to join. On this episode of ‘Deals in Heels’,…