News

  Mike Sutter, SIOR, and Rick Tumlin, CCIM, SIOR, of Lee & Associates – Atlanta, have successfully facilitated a 103,776 SF lease for Earnest Machine Products at 7815 Third Flags Parkway. The deal marks a significant expansion for Earnest Machine, a leading supplier of industrial fasteners, as they take space in the sought-after I-20 West submarket of Atlanta. The building, owned by LINK Logistics, offers prime industrial space with excellent access to major transportation routes,…

  Lee & Associates – Atlanta is proud to announce the successful long-term lease renewal of 5405 Buford Hwy, Suites 250-290, Norcross, GA. The 52,437 square-foot space will continue to serve as the primary production and distribution facility for Image Manufacturing Group, an established high-end commercial and retail signage manufacturer. Matthew Reynolds and Trip Ackerman, SIOR, of Lee & Associates – Atlanta represented Image Manufacturing Group in securing this renewal, ensuring the tenant’s continued presence…

  Lee & Associates – Atlanta’s Brett Chambless, SIOR successfully represented Samaritan’s Purse in securing a new 172,000 SF warehouse lease at 1347 Highway 92 in Acworth, Georgia.  “Samaritan’s Purse is a nondenominational evangelical Christian organization providing spiritual and physical aid to hurting people around the world” (Samaritan’s Purse). The new facility will serve as a processing center for Operation Christmas Child. This mission was started in 1993 and entails sending millions of gift-filled shoeboxes to…

Jim Ramseur of Lee & Associates – Atlanta provides expert guidance to the Neel family in the strategic decision-making process regarding their more than 19,500 acres of land across Bartow and Cherokee counties. With his deep knowledge of the Metro Atlanta Commercial Real Estate market, Jim is helping the family evaluate the best uses for their property, including potential development, conservation, and investment opportunities. From the Atlanta Journal-Constitution: Plans to establish a granite quarry within…

  We are thrilled to announce that IDI Logistics successfully leased 259,708 square feet at the Northwest 75 Logistics Center, a state-of-the-art facility in White, Georgia. Congratulations to Billy Snowden, SIOR from Lee & Associates – Atlanta and Brad Pope, SIOR, from JLL for their successful collaboration in securing this deal! There is an additional 51,952 square feet of premium, move-in ready space still available at the Northwest 75 Logistics Center. For more information on…

  Market-wide sublease availability has declined for the fifth consecutive month, reaching 8.99 million square feet (MSF) in October 2024—the lowest level since August 2023. Sublease availability in buildings of 250,000 square feet or more has experienced the most significant decline, dropping 30.2% year-over-year. Overall availability (all building sizes) has seen a minimal month-over-month increase, primarily driven by a few small new construction groundbreakings. A substantial wave of speculative supply is expected to deliver over…

At Lee & Associates – Atlanta, we are proud to volunteer annually with For The Hope Partnership, contributing to their vital mission of feeding the Atlanta community. This year, our team participated on October 26, 2024, and we are excited to join in again this December. We are committed to making a difference and aim to support this important charity more than once yearly. Together, we can help nourish our community and make a lasting…

October 4, 2024 (Atlanta, Georgia) – Joseph Mullican, Craig Viergever & Tyler Flemming of Lee & Associates negotiated the sale of 1500 Progress Industrial Blvd. in Lawrenceville.  The 163,170 SF newly constructed shell building was developed by Taylor & Mathis.  The purchaser, a private company, will use the building for their expanded distribution operations after constructing ±3,000 SF of office area and upfitting the building with dock equipment and racking. Read More on Metro Atlanta…

  The dwindling construction pipeline is starting to reduce the availability of new industrial space Overall availability (all building sizes) in Atlanta has declined for the third consecutive month, though it remains about 16% higher than one year ago Sublease availability sits at 12-month low of 9.4 MSF, and has declined by more than 2 MSF since year-end 2023 Sublease availability for buildings over 250,000 SF has declined for the past four months and is…