News

  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…

(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…

(ATLANTA) – Lee & Associates is pleased to announce the second major transaction on behalf of The Aubrey Corporation—the sale of 1,119 acres to Georgia Stone— marking continued progress toward the company’s three-part goal: preserving the Aubrey family’s legacy, prioritizing environmental stewardship, and stimulating long-term economic growth in Bartow County, Georgia. This milestone follows the previously announced joint venture with Hines, involving the co-development of 2,390 acres into Aubrey Village—a forward-thinking mixed-use project that combines…

  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…

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…

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…

  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…

  Industrial Overall Availability: Total available industrial space inched up to 93.03 million SF in January 2025, from 91.37 million SF in December 2024. Sublease Availability: Sublease availability rose slightly to 9.86 million SF in January 2025, largely due to a new 356,000 SF sublease at 300 Horizon Drive in Northeast Atlanta. Development Activity: There was little change in development activity from last month, but groundbreakings are expected to increase as strong leasing activity continues.

(ATLANTA) – Hines, the global real estate investment manager, has announced a partnership with the Aubrey Corporation, to create a new employment center and mixed-use village consisting of over 2,390 acres, in Bartow County, Georgia. Once complete, the mixed-use development will include up to ten million square feet of new manufacturing, data center, and logistics facilities as well as shops, restaurants, hotels, and a diverse offering of residential properties. A network of trails, parks, and…