In this episode, we sit down with Mark Thomas, Associate at Lee & Associates Atlanta. After spending ten years in the minor leagues for a number of MLB organizations, Mark has now zeroed his focus into the world of investment sales in the Atlanta Commercial Real Estate Market. Mark, Willie, and Lee dive into what it’s like taking that leap of faith, highs, lows, and what exactly makes being a commercial real estate broker such…
LEE IN THE NEWS: Chance Taylor Promoted to Director
Lee & Associates Atlanta is pleased to announce the promotion of Chance Taylor to Director! Since joining in 2018, Mr. Taylor has been an integral part of the office and industrial leasing and sales team. Congratulations, Chance!
LEE IN THE NEWS: Lee & Associates Atlanta’s Allen Eager Represents Equity Residential in Purchase of Skyhouse South
Atlanta, Georgia (July 6, 2021) – Lee & Associates Atlanta’s Allen Eager is proud to have represented the buyer, Equity Residential, in the off-market acquisition of SkyHouse South at 100 6th St., Atlanta, GA 30308. Equity Residential purchased the asset from a partnership between Novare Group and Batson-Cook Development Company (BCDC). Allen Eager, Director at Lee & Associates Atlanta, says that “it was an honor to represent EQR in their first acquisition re-entering the Atlanta…
Q3 2020 Industrial Market Report
The Atlanta Industrial market had an outstanding third quarter. Even with the economic impact of the COVID-19 pandemic, Atlanta’s industrial real estate market continued to thrive with exceptional demand in Q3 2020. Vacancy dropped 50 basis points to 6.6%, even with seven million SF of new industrial inventory entering the market. Leasing activity, while not as robust as quarters past, still showed strength in numbers as industry giants Amazon and Home Depot grew their Atlanta…
Lee & Associates – Atlanta Arranges Industrial Lease Totaling 262,530 Square Feet in Douglas County – I-20 West Submarket
Lee & Associates’ Atlanta office is pleased to announce the closing of a 262,530 square foot industrial lease at Factory Shoals Distribution Center II – Lithia Springs, GA. Lee & Associates’ Billy Snowden, SIOR, Rick Tumlin, CCIM, SIOR, and Mike Sutter, SIOR represented the tenant, Comptree Inc., in the leasing of 965 Douglas Hill Road, a newly delivered, modern distribution facility in the I-20 West submarket. Denton Shamburger and Turner Fortin represented the landlord, a…
Mid-Year 2020 Industrial Market Report
The Atlanta Industrial market had an outstanding second quarter. The market absorbed more space than what was delivered (4.4 MSF vs. 4.2 MSF). This is the second time this has occurred since Q3 2018, causing the vacancy rate to hold steady at 7.2%. Despite limitations, tenants have continued to conduct business during the shutdown. Leasing activity has held strong at just over 11.5 MSF with major leasing activity this quarter centered around e-commerce businesses. Amazon…
Mid-Year 2020 Atlanta Office Market Report
The Atlanta Office Market had a surprisingly strong quarter, despite all the obstacles. Overall Net Absorption ended the quarter with 133,517 SF. Most of the strength was in the Class A market, which had over 373,073 SF of absorption for the quarter. Rental rates continue to rise to $28.23 up from $27.80 in the previous quarter, which are up 5.14% from a year ago. Atlanta’s tenant strength has remained in the technology and FIRE sectors…
Fulton Industrial Market Newsletter Q2 2020
Our very own Connor Winkler’s !-20 W / Fulton Industrial Market Newsletter has arrived! Take a look at the full newsletter to get more insight into this budding Atlanta submarket. – Despite apparent business disruptions due to COVID-19 workplace restrictions, the industrial real estate sector has remained resilient and in rampant demand as distribution and manufacturing facility leasing activity continues to surge in Atlanta. The shift from the traditional bricks and mortar retail to online…
Mid-Year 2020 Atlanta Industrial Pipeline
The first half of 2020 has been anything but ordinary. The coronavirus pandemic resulted in the entire globe seeking some level of “shelter in place” except for essential businesses; those people who continued to work instituted precautionary measures to diminish the spread of the virus. As of this report’s date, there are over 570,250 global deaths from COVID-19, with over 135,250 in the United States. The silver lining to all these disruptions is that the…