News & Reports

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 & 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.

March 8, 2024 (Atlanta, GA): Lee & Associates – ATL is thrilled to announce Tim Palmer as the newest Partner at our firm. With his exceptional +20-year track record in commercial real estate, Tim has been instrumental in enhancing client portfolios and strategies. His expertise in tenant representation and market knowledge are invaluable assets to our growing team. As a Partner, Tim’s visionary approach will continue to drive success for our clients and fortify Lee…

February was another busy month with total sublease space declining for the second month in a row.  This is mainly due to Amazon removing their 1,108,990 SF sublease from the market at 1250 Cassville White Rd. in White, GA.  The largest new lease this month was Atosa USA who inked a 176,305 SF lease with CA Ventures at 6533 McEver Rd., Buford, GA.  On a very positive note, Atosa’s new warehouse will be 2.75 times…

Reporting live from Jamaica, our top producer of the month, Mike Sutter, SIOR, makes a grand return to the office only to find he has won this month’s Moneyball! Congrats Mike!