News & Reports

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…

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 had the chance to get to know fellow Lee & Associates broker, Kelly Nicholls. Kelly is a Principal with our Lee & Associates-San Diego North office. Check it out to hear about Kelly’s career, personal life, and more! Check out other podcasts here: https://www.lee-associates.com/atlanta/category/podcast-lately-with-lee-atl/

As 2022 winds down, industrial demand in Atlanta remains at unprecedented levels. In just the last 30 months alone more than 70 million SF of space has been absorbed. Developers are busy. Keeping track of new construction activity, sustained at well over 100 buildings, is almost as challenging as forecasting how quickly the next high rent watermark will occur. But with new construction levels sustained at or above 30 million SF for the last 18…

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…

At Lee & Associates – Atlanta it is our mission to provide owners, investors, and tenants with the most comprehensive management services. We deliver a management plan that maximizes the property’s unique features and investment objectives. From addressing safety and physical issues, to reducing utility consumption, lowering CAM charges, and proactively working with tenants – you can rely on Lee & Associates Atlanta’s Property Management professionals.

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 had the chance to get to know fellow Lee & Associates broker, Mike Tingus. Mike is a President of the Lee & Associates-LA North/Ventura office. Check out the links below to hear about Mike’s career, personal life, and more! Check out other podcasts here: https://www.lee-associates.com/atlanta/category/podcast-lately-with-lee-atl/ https://open.spotify.com/episode/6zO2FLd4sh7rcGiQL9yCxa?si=c51493bae9294d88

Atlanta has historically been one of the strongest job markets in the country, adding more than 1.2 million new positions over the last three decades. Perhaps even more compelling than its long run of employment expansion is the city’s accelerated post-pandemic recovery, as well as its broadening base of talent. The deep but short-lived pandemic recession of 2020 resulted in 22 million job losses across the U.S. Today the country has recovered, having surpassed its…

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