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  → Overall availability rose slightly to just over 101 MSF, driven mainly by nearly 2 MSF of new speculative starts despite solid leasing, signaling a more balanced market. For the second straight month, availability was higher in properties 250,000 SF and below, a shift first seen last month since tracking began in October 2024. → Sublease availability ticked up slightly, with increases concentrated in blocks above 250,000 SF, particularly in the South Atlanta submarket,…

The office market is often framed as waiting on demand to return, but in Atlanta, that narrative is incomplete. Leasing activity has remained relatively consistent, while the more meaningful shift in market conditions is being driven by something less visible: inventory. Vacancy remains elevated, hovering near 25%, but the underlying pressure has changed. For most of the past cycle, even modest demand gains were offset by a steady pipeline of new deliveries. That dynamic has…

FLOWERY BRANCH, GA – Lee & Associates – Atlanta successfully completed the renewal of a 50,179-square-foot portion of an industrial facility located at 4350 W White Road in Flowery Branch, Georgia. Mendy Ruder and Harrison Tuck of Lee & Associates represented the tenant in the transaction, successfully securing a renewal within a well-located industrial property in the growing Northeast Atlanta submarket. The space continues to provide strong functionality and accessibility, supporting the tenant’s ongoing operational…

ATLANTA, GA – Lee & Associates – Atlanta completed the renewal of a 3,082-square-foot office space at Lenox Towers North, located at 3400 Peachtree Road in Atlanta, Georgia. Tim Palmer and Brett Thomas of Lee & Associates represented the tenant in the transaction, securing a renewal in one of Atlanta’s premier business districts. The property offers strong accessibility and proximity to a wide range of amenities, continuing to serve as an attractive location for office…

  → Total availability increased month-over-month in the Atlanta industrial market, reversing the tightening trend observed late last year. The rise reflects new supply beginning to break ground within an otherwise muted development pipeline and existing product availability gains concentrated primarily in the 100,000–249,999 SF building range. → Sublease availability stood at 11.9 MSF in February 2026, roughly 19% below its mid-2025 peak. This decline reflects meaningful normalization from last year’s elevated secondary supply, with…

Roughly 33 million square feet of industrial leases signed in 2021 are set to expire in 2026, nearly three times the market’s typical annual renewal volume. That level of concentration matters, especially given how much rents have moved since those deals were executed. Since 2021, contract rents have increased materially across every major submarket in Atlanta. In several corridors, rates have doubled from pandemic-era levels. For tenants operating under 2021 lease terms, upcoming renewals may…

CANTON, GA – Lee & Associates is pleased to announce the successful off-market acquisition of 295-299 Gateway Drive in Canton, Georgia. The transaction includes four industrial buildings totaling 33,000 square feet in the Woodstock/Canton submarket. The multi-tenant, small-bay industrial portfolio was acquired by Scythe LLC, a family office focused on shallow-bay industrial investments. Mark Thomas and Coleton Awbrey of Lee & Associates represented Scythe LLC in the transaction. “Off-market opportunities like this require strong relationships…