Sublease Availability Climbs but Within Expected Range: Sublease space reached 10.8MSF in April 2025, driven by Saddle Creek’s 780KSF in South Atlanta. Sublease space now accounts for 1.2% of total inventory—right in line with the 1.0%–1.3% range projected in the Lee Atlanta Industrial 2025 Forecast. Industrial Overall Availability: Total availability increased by approx. 700KSF to 97.1MSF in April, a nominal rise driven by slower but steady leasing activity and economic uncertainty. Fundamentals Remain Stable…
LEE IN THE NEWS: Lee & Associates – Atlanta Facilitates Sale of 28-Acre Industrial Site in Gainesville, GA to Terminal Logistics
(ATLANTA) – Center Capital, through its wholly-owned Industrial Outdoor Storage (IOS) platform called Terminal Logistics, has acquired a ±28-acre site in Gainesville, Georgia that is currently available for lease. The site is strategically positioned near the Blue Ridge Connector Inland Port, a major infrastructure project providing a direct link from the Port of Savannah to northern Georgia, that is currently under construction and expected to open early 2026. The port is anticipated to significantly enhance…
Q1 2025 Atlanta Market Reports
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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…