Surging demand, especially for e-commerce projects, and record-low vacancy are creating Atlanta’s strongest industrial real estate market in years, and “there’s no slowdown in sight,” Lee & Associates Atlanta’s President and CEO David Howard told Atlanta Business Chronicle. “I call Atlanta the L.A. of the South,” Howard said. “There’s a lot of room for Atlanta’s industrial market to grow.”
In this episode, we introduce our new Research Associate, James Simmel, before sitting down with Craig Viergever, Executive VP/Principal at Lee & Associates Atlanta, who shares his experience in the industry. https://open.spotify.com/show/7Hg5IVEluXkgaN08OH1GYt Listen on
In this episode, John DeCouto, Executive VP & Principal at Lee & Associates Atlanta, discusses the past, present, and future of the commercial real estate industry from when he started out to joining Bryant Commercial Real Estate Partners, then merging with Lee & Associates. https://open.spotify.com/show/7Hg5IVEluXkgaN08OH1GYt
Our 2021 Q1 Office Submarket Reports have arrived! Click on the images below to read:
In this episode, Dick Bryant, Chairman at Lee & Associates Atlanta, shares the beginnings and experiences of his 40+ years in commercial real estate beginnings. From CBRE to forming his own firm and merging with Lee & Associates in 2010, ‘Mr. B’ gives a unique view of the industry’s past to today’s present.
In this episode, we sit down with Trip Ackerman, Executive VP/Principal at Lee Atlanta. Trip shares his experiences in commercial real estate, the current market, and gives advice to brokers starting out
https://youtu.be/FUYgVyYs7wU Quarter two was another tough quarter for the Atlanta office market. Many office buildings are running at less than 35% capacity, as the goalpost for workers to return to the office has moved until after Labor Day. Net absorption was a positive 133,978 SF for Q2, the first positive absorption quarter in a year. Average asking rental rates increased $.40 over Q1 moving up to $28.97, while 1.6 MSF of new space delivered and…
The Second Quarter Atlanta Industrial market continues to sizzle. Overall absorption reached almost 9 MSF, which is one of the strongest quarters ever. At the same time, the vacancy rate has dropped under 5% for the first time in over 30 years. Rental rates continue to increase with high demand and limited supply coming to market. Demand for E-Commerce warehouse space and the need to keep extra supplies on hand are causing users to reevaluate…
Lee & Associates Atlanta is excited to welcome James Simmel to the firm. Mr. Simmel will be joining the Research Associate (RA) Program, providing market research support and analysis to our team of brokers with a focus on industrial properties.