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Availability & Sublease Tracker | April 2025
Atlanta Market | ENDS Q1 WITH A DECREASE IN SUBLEASE AVAILABILITY Development Activity: As expected, development activity is gaining momentum, with developers breaking ground on six new projects in Q1, five of which are speculative with no current preleasing activity. The market ended the month at 7.1 million square feet under construction, still a low figure compared with historical numbers. Industrial Overall Availability: Industrial availability showed a slight month-over-month increase. Notably, leasing activity, while…
LEE IN THE NEWS: Lee & Associates Represents Mashburn Delivery in 52,200 SF Lease in Aurora, CO
ATLANTA, GA (April 8, 2025) – Lee & Associates – Atlanta is pleased to announce the successful lease of 52,200 square feet at 14209 East 35th Place in Aurora, Colorado, on behalf of Mashburn Delivery. The lease represents half of the 104,400-square-foot industrial building, totaling $2,094,242 in transaction volume. Tyler Flemming of Lee & Associates – Atlanta represented the tenant, with help from Kirk Vanino of Lee & Associates – Denver, whose local market insight…
LEE IN THE NEWS: Lee & Associates Represents Peco Fasteners in 88,300 SF Lease at 9850 Commerce Way
ATLANTA, GA (April 1, 2025) – Lee & Associates – Atlanta is pleased to announce the successful lease transaction of 88,300 square feet at 9850 Commerce Way in Douglasville, GA, on behalf of Peco Fasteners. The lease was secured with EastGroup Properties with a total transaction volume of $10,702,789. Joseph Mullican, SIOR, and Lee Steed of Lee & Associates – Atlanta represented the tenant in the deal. Peco Fasteners, a leading distributor in the industrial…
Ranked #7 in Atlanta Business Chronicle’s List of Largest CRE Firms in ATL
We’re excited to share that Lee & Associates has been ranked #7 in the Atlanta Business Chronicle’s 2024 Book of Lists for Largest Commercial Real Estate Firms in Atlanta Business Chronicle—our highest placement yet! This achievement reflects the incredible work of our team and the continued trust of our clients. Here’s to reaching new milestones and pushing even further in 2025!
Availability & Sublease Tracker | March 2025
Development Activity: Developers broke ground on new speculative projects totaling approximately 1 million SF through February, contributing a substantial sum to Atlanta’s overall space availability. Industrial Overall Availability: Increases in both direct and sublease space contributed to total industrial availability rising from 93 MSF in January to 95.8 MSF by the end of February. Sublease Availability: Sublease availability continued its upward trend for the fourth consecutive month, reaching 10.3 million SF in February. While…