ATLANTA OFFICE SUBMARKET REPORTS ATLANTA INDUSTRIAL SUBMARKET REPORTS
Q1 2024 Market Reports
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Introducing Lee & Associates – Atlanta’s Junior Associate Program
We are excited to announce an important update at Lee & Associates—Atlanta: our Research Associate Program has been renamed the Junior Associate Program. This new title better reflects the comprehensive nature of the training and the goals of the program. The Junior Associate Program is a ±12-month immersion into the world of commercial real estate. Participants gain hands-on experience in various facets of the industry, from conducting market studies and reviewing contracts to engaging in…
Q1 2024 SAVANNAH INDUSTRIAL MARKET REPORT
Year over year, Savannah’s industrial sector has seen an influx of 27 million square feet of new inventory, leading to an increase in industrial vacancies. Nevertheless, the total leasing volume in Savannah has shown a consistent upward trend since 2018, fueled by the expansion of e-commerce and the flourishing activity at the Port of Savannah. Currently, there is 12,605,640 square feet under construction, 15% of which is already committed. Despite national uncertainties, ongoing investments in…
Availability & Sublease Tracker | April 2024
Sublease space declined again for the 4th month in a row and is down to 10,133,437 SF, close to what it was back in October 2023. Significant subleases removed in March include XPO/GXO Logistics’ 907,675 SF sublease at 1625 Oakley Industrial Blvd. in South Atlanta and Walcut’s 247,520 SF sublease at 1720 Peachtree Industrial Blvd. in Northeast Atlanta. A notable trend is emerging as companies like GXO and Amazon, which collectively had over 2 million…
LEE IN THE NEWS: Mark Thomas Promoted to Principal
Lee & Associates – Atlanta is thrilled to announce the well-deserved promotion of Mark Thomas to the role of Principal. With a robust track record of facilitating on and off-market investment sales, Mark has consistently demonstrated an unparalleled ability to navigate the intricacies of complex transactions. His expertise extends across a diverse portfolio, where his insightful analysis and market knowledge have led to significant deals that contribute substantially to our firm’s success.