January 25th, 2023 (Atlanta, GA): Lee & Associates – Atlanta is excited to announce the promotion of Cori Nuttall, CCIM to Principal. Ms. Nuttall began her career in 2018 with Lee Charleston, specializing in office & corporate services. Cori then joined Lee Atlanta in 2021. Since joining, Cori has made quite a name for herself in the Atlanta CRE industry, completing over $23M in transaction volume in 2022 alone. Most recently, Cori was recognized for…
Q4 2022 Atlanta Industrial Market Report
While demand for industrial space continues to prosper throughout Atlanta, there was a slight slowdown in Atlanta’s industrial market in Q4 2022. Vacancies have risen slightly off of record lows reached in late 2021, ending Q4 2022 with a 30 basis point jump to 4%. While demand and leasing velocity remain strong, rising vacancy and availability should provide relief for new and expanding Atlanta area tenants. The metro’s development pipeline continues to thrive, ending Q4…
Q4 2022 Atlanta Office Market Report
The Atlanta office market experienced some highs and lows in the final quarter of 2022. Vacancy ended Q4 at 18.5%, a 50 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 Emory Healthcare (112,000 SF) and Novelis (89,553 SF) in the Northlake and Buckhead submarkets. However, as developers pushed forward with new groundbreakings at 4.6M SF actively under…