This Week’s Atlanta Deal Sheet: Storage Startup Taking Space At Westside Provisions – spotlights Tyler Flemming and Craig Viergever, SIOR. Electrical engineering firm EAE USA leased 102K SF of warehouse space with Blackstone subsidiary Link Logistics in Tucker. The firm signed a seven-year lease for the entire building at 2000 Mountain Industrial Blvd. Lee & Associates Executive Vice Presidents Craig Viergever and Tyler Flemming brokered the deal for the landlord, Link Logistics. Transwestern Real Estate…
Q2 2023 SAVANNAH INDUSTRIAL MARKET REPORT
The Savannah industrial market saw relief in Q2 2023 as it added 7.9 MSF of new inventory, bringing vacancy up to 4.8%. While booming demand has quickly filled Savannah’s robust speculative supply pipeline over the past few years, groundbreakings have leveled off thus far in 2023. However, Savannah’s development pipeline remains substantial at 17.2 MSF under construction, of which 16% was committed at the end of Q2. Though consumer spending on goods has begun to…
August 2023 Moneyball | Murray Gray
Drumroll, please! 🥁 Congratulations to this month’s “Moneyball” winner, Murray Gray!!!
Mid-Year 2023: Industrial Pipeline
The headwinds of frozen capital markets, declining leasing activity, and elevated construction costs combined have ceased almost all speculative development. In most submarkets, even if the land were free, there is no way to justify speculative development for the merchant developer who plans to exit upon stabilization. As a result of the banking crisis and increased interest rate environment, developers’ ability to secure construction loans for new speculative projects is almost impossible. Eighteen months ago…
PODCAST: Breaking Ground | Ryan Companies
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 Assignment | 5055 Old Ellis Point Roswell, GA
Welcome 5055 Old Ellis Point to the Lee-Atlanta Property Management portfolio! We’re very excited to be managing these 28k SF multi-tenant buildings, located in Roswell, Georgia! Want to know more? Reach out to Lindsay Merritt, CAM at Lmerritt@lee-associates.com and let us help you!