May 18, 2023 (Atlanta, Georgia) – Joseph Mullican, SIOR of Lee & Associates – Atlanta alongside Scott Mertz of NAI – Mertz, represented an existing client, McCollisters, in their recent relocation / expansion. Taking the entire building, McCollisters is now the single-tenant of Horizon Pointe | Building 100 in Suwanee, GA. The 168,564 SF front-load building is located at 530 Horizon Drive | Suwanee, GA, and features 32’ clear-height ceilings, ESFR sprinklers, 60’ loading bays, 33…
LEE IN THE NEWS: Joseph Mullican,SIOR Represents McCollisters in Relocation to a single-tenant, 168,564 SF Building
May 2023 Moneyball | Joseph Mullican, SIOR
While it’s no “Dundie Award”, we want to give a huge shoutout and congratulations to Joseph Mullican SIOR for winning the Moneyball this month!
April 2023 Moneyball | Craig Viergever, SIOR
Congrats to our #moneyball winner Craig Viergever, SIOR! It’s been a while, but we are glad the ball’s been passed back to you! Definitely a well-earned award!
LEE IN THE NEWS: SIOR Global Spring Conference | John Sharpe, SIOR, CCIM | John DeCouto, CCIM, MCR.h
Lee & Associates of Illinois Principal and Owner John Sharpe, SIOR, CCIM, was the recipient of the “Largest Dollar Volume Member-to-Member Transaction by a Member Associate” at the Society of Industrial and Office Realtors (SIOR) Spring Conference held in Montreal, Quebec, Canada on April 26-29, 2023…. Sharpe, along with John DeCouto, CCIM of Lee & Associates’ Atlanta office, represented Smart Warehousing in this lease transaction.
Q1 2023 Atlanta Industrial Market Report
Although there is a sustained demand for industrial space in Atlanta, the market activity during Q1 2023 has shown a deceleration. Vacancies have risen slightly off of record lows, ending Q1 with a 50-basis point jump to 4.5%. Overall net absorption fell, with just under 2 million SF newly occupied. While activity cooled in Q1, the rise in sublease space during the Fall of 2022 has subsided and overall availability levels have stabilized. Despite Atlanta’s…
Q1 2023 Atlanta Office Market Report
Despite an overall slowing of office fundamentals nationally, Atlanta’s office market has posted positive overall activity for four consecutive quarters. Vacancy ended Q1 at 18.4%, a 10-basis point decrease from the previous quarter. Net absorption, while not as robust as quarters past, was in the positive thanks to major tenant move ins from Zaxby’s (51,493 SF) and TSA (44,000 SF) in the Central Perimeter and South Atlanta submarkets. Increasing interest rates and macroeconomic concerns placed…
March 2023 Moneyball | Billy Snowden, SIOR
Is this Moneyball Deja Vu or is Billy Snowden, SIOR just that good?! Congrats on reclaiming the #Moneyball this month! Stay tuned to see if next month is a #tossup!!