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An onslaught of new development activity has led to vacancy levels in Atlanta not seen in nearly a decade – but Lee & Associates predicts the trend will reverse course during the second half of 2025. The primary driver is a lack of new supply in the development pipeline. New construction levels fell by nearly 70% year-over-year, from 36 MSF to 11 MSF, and the number of proposed projects, and those breaking ground, is near…

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ATLANTA (July 29, 2024) – JTEC Energy Inc. (JTEC), a producer of renewable energy, has expanded its headquarters at Lee + White in Atlanta’s West End, adding 9,800 square feet to its existing 18,775 square feet of space in Building 1050. The expansion adds lab space and allows for the addition of new employees, significantly increasing production of the revolutionary JTEC cleantech energy device. Cushman & Wakefield’s Porter Henritze and Melanie Garlock completed the lease…

Atlanta’s development activity has been slowing, as evidenced by the steep groundbreaking drop during the first half of 2024. The metro area is experiencing the tail end of a significant supply wave, with millions of square feet delivered this year already. Vacancy remains healthy despite speculative, vacant products, under 8% in the core metro markets. The current pipeline is expected to be completed in the next 9-12 months, leaving a void in anticipated deliveries beyond…

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.