Given occupier concerns with the future of office space and more downsizing than expansions, Atlanta’s vacancy rate remains nearly unchanged year-over-year, ending Q3 2022 at 19%. Several new, Class A office buildings delivered this quarter, including Midtown’s Midtown Union which was 60% preleased at the time of delivery, Downtown’s Fourth Ward which was 68% preleased at the time of delivery, and Buckhead’s One Phipps Plaza which was 35% preleased at the time of delivery. While…
2022 Best Places to Work
We are extremely proud to have been named one of top 10 “Best Places to Work” in Atlanta! Our company strongly values culture, and we believe that in order to have excellent culture, you must have excellent people. We truly have the best people, and they have created a genuine, supportive, and fun culture. At Lee & Associates, we work hard to play hard, and this award demonstrates our ability to balance the two. Thank…
Lee IN THE NEWS: After 50-Plus Years, Cleveland Electric to Relocate Headquarters to New Atlanta Office
Specialty Contractor Leases Space in Northcreek Office Park, Puts Current HQ Up for Sale……
2022 Outstanding Marketing Presence
We are thrilled to announce that out of all Lee & Associates offices nationwide, Lee Atlanta has been awarded “2022 Outstanding Marketing Presence”! This is a wonderful achievement for the Lee Atlanta team, and we are so proud of our marketing department! When Hannah Johnson (Sr. Marketing Coordinator) & Bentley Rysedorph (Sr. Designer) teamed up back in 2021, they set out on a mission to be the best of the best. This award is a true testament to their…
LEE IN THE NEWS: Lee & Associates – Atlanta Promotes Patricia Donahue to Director
August 12, 2022 (Atlanta, GA): Lee & Associates – Atlanta is pleased to announce the promotion of Patricia Donahue to Director! Ms. Donahue transitioned into industrial real estate brokerage in April 2021 and has worked diligently since to earn this promotion. Ms. Donahue specializes in tenant advisory services including location consulting, site selection, and build-to-suit coordination for tenants on a local and national basis. A very hard-working individual, it is no surprise that Ms. Donahue…
LEE IN THE NEWS: As Atlanta’s industrial sector booms, here are the only available spaces for big leases
The demand for warehouse and distribution space is crunching Atlanta’s industrial vacancy rate further and further. Click the button below to read the full article.
MID-YEAR 2022 ATLANTA INDUSTRIAL PIPELINE
Since our year-end 2021 Industrial Pipeline Report, the macro fundamentals of industrial real estate have experienced seismic shifts that have had some immediate impacts on current development activity, and will surely impact development moving forward. In the second half of 2022 and beyond, developers will continue to face challenges with construction costs, construction timelines, and capital markets. “It’s very challenging to finance a project when your capital partner can’t predict their exit cap rate, lease…
LEE IN THE NEWS: Lee & Associates – Atlanta Promotes Mendy Ruder to Principal
June 29, 2022 (Atlanta, Georgia) – Lee & Associates – Atlanta is pleased to announce the promotion of Mendy Ruder to Principal! Mr. Ruder specializes in tenant, landlord, and owner/user representation, specifically for local and national companies that occupy manufacturing, distribution, logistics, and service facilities. Since joining Lee & Associates in November 2020, Mr. Ruder has completed over $20 million in transaction volume. Working on industrial real estate transactions in Atlanta and across the country,…
LEE IN THE NEWS | CBS 46: 14,000-acre Georgia property hits the market
ATLANTA, Ga. (CBS46) – Thousands of people fear they’ll lose access to a major hiking, hunting, and fishing area just outside metro Atlanta. Pine Log Wildlife Management Area is 14,000 acres in Cherokee and Bartow Counties, less than an hour drive from downtown Atlanta. The land is part of a 19,000-acre property put up for sale in May. Aubrey Corporation has privately leased the land to Georgia Department of Natural Resources for the last 45…