The Atlanta industrial market remains strong, with sublease availability declining by 196,285 SF in September 2024. The continued declining trend reflects robust leasing activity that has kept demand high, reducing the amount of available space. Overall market availability, which includes under-construction projects, sublease and vacant spaces, and occupied spaces being marketed, has also dropped, indicating an active market. Although construction activity in Atlanta has reached its lowest point in a decade, there are signs…
LEE IN THE NEWS: ETI Solid State Lighting Establishes New North American Headquarters in Flowery Branch
August 29, 2024 (Atlanta, Georgia) – Lee & Associates – Atlanta is pleased to announce that Craig Viergever, SIOR, and Tyler Flemming have successfully represented ETI Solid State Lighting in their acquisition of a 111,103 square-foot property in Flowery Branch. The property, located at 4873 Thurmon Tanner Parkway, was developed and sold by Hines. The building will be upfitted for their North American Headquarters and serve as their Eastern distribution facility for their wide array…
Availability & Sublease Tracker | August 2024
Atlanta’s industrial real estate market had its second straight monthly decline in sublease availability, with a reduction of 441,751 square feet in July 2024. One of the main drivers was eFulfill’s takedown of 468,827 square foot space in I-20 West. The overall market availability (comprised of under construction, sublease space, vacant space, and occupied space marketed as “available”) has also decreased, thanks to robust leasing activity this quarter. We are likely to see diverse market…
Q2 2024 Atlanta Market Reports
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Availability & Sublease Tracker | July 2024
Sublease availability decreased by 294,060 square feet for June 2024. Only 12 new subleases were added to the market in June with only one exceeding 100,000 square feet. Total available space includes under construction, sublease space, vacant space and occupied space that is being marketed as “available. Total availability increased by 3.5 MSF over last month. The 3.5 MSF increase was driven primarily by six new, large second-generation availabilities totaling about 2 MSF in the…