While fundamentals are still healthy, vacancies ticked higher as well as a significant decrease in net absorption in the first quarter of 2020 in the Savannah Industrial market. Demand for space in the market is poised strong, however. The market absorbed roughly 7.4 million SF of space in 2019, and on a year-over-year basis, the Savannah market is in the top ten nationally for net absorption. Though Savannah has seen accelerated leasing momentum in the…
Metro Atlanta Build to Suit Development
Closing out another year of Industrial Development! Currently there are 11 build-to-suits under construction in the Metro Atlanta area, totaling 7.5 million square feet! Do you recognize the logos below? The submarket of South Atlanta currently holds the most build-to-suit activity. The information and details contained herein have been obtained from third-party sources believed to be reliable; however, Lee & Associates Atlanta has not independently verified its accuracy. Lee & Associates Atlanta makes no representations,…
Q3 2019 Atlanta Office Development Pipeline
Click HERE to read our Q3 2019 Atlanta Office Development Pipeline.
Midtown Development Update Fall 2019
Fortune 500 companies, global law firms, and coworking giants are all calling Midtown Atlanta home, special thanks to Midtown’s booming office development market. Using CoStar Group analytics, Midtown had not seen any new office development activity pre Q1 2018. At the beginning of Q1 2019, Midtown had an explosive 1,487,652 SF under construction. Today, there is 3,566,262 SF under construction. That is a 139% increase! While activity in Midtown remains strong, time will tell if…
Lee Atlanta Gives Back!
Lee Atlanta gives back! It is truly an honor to be associated with this group, Feeding the Homeless Project. Great organization doing meaningful work in our community!
Lee Atlanta’s Parking Survey 2019
Lee Atlanta is pleased to present our 2019 Parking Survey. The primary locations of interest include the Buckhead and Midtown office submarkets, with a brief synopsis of the Northwest and Central Perimeter office submarkets. All parking prices mentioned are per space per month. Depending on the submarket, parking costs can impact a tenant’s occupancy by as much as 15%. For a typical company with 12,000 SF and 50 employees, assuming a need of 4 reserved…
The QuarterLee Review: Mid Year 2019 Industrial
What’s going on in the Atlanta Industrial Market? We’ve rounded up our top 5 industrial market facts on what happened in Q2 2019. For a more in-depth look into the Atlanta Industrial market, click HERE!
The QuarterLee Review: Mid Year 2019 Office
What’s going on in the Atlanta Office Market? We’ve rounded up our top 5 office market facts on what happened in Q2 2019. For a more in-depth look into the Atlanta office market, click HERE!