Yearly Archives: 2012

State Properties Commission Releases Request for Proposal for Multi-Year Lease Agreements

November 27, 2012 - (RealEstateRama) -- On election day, the citizens of Georgia approved ballot question #2, allowing the State Properties Commission to enter into multi-year lease agreements. This proposal is estimated to result in significant savings to Georgia taxpayers and was supported by the GAR State and Local Government Affairs Committee. Throughout the process, GAR has worked closely with the General Assembly and leadership of the State Properties Commission to ensure transparency and a competitive market based implementation.

Home Prices and Pending Sales Post Double-Digit Increases in October

November 19, 2012 - (RealEstateRama) -- It's been a giant year for the housing market. As we round out the remaining two months of the year, let's recap. Most markets shed listings, resulting from strong sales and sluggish seller activity. There has been a general easing of foreclosures and short sales, meaning distressed listings are dragging prices down less than in recent years. So it's both about market fundamentals and market composition.


ATLANTA - October 8, 2012 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development announced today that it has reached a Conciliation Agreement with Brookside Park Limited Partnership and Peabody Properties South, LLC, the owner and management company for Brookside Park Apartments in Atlanta, and a former property manager, settling allegations that they violated the Fair Housing Act by refusing to allow a tenant with disabilities to transfer to a first-floor unit.

Lee & Associates Atlanta Procures 38,967-Square-Foot Industrial Sale

Torrance, CA - September 20, 2012 - (RealEstateRama) -- Lee & Associates, the nation’s largest broker-owned commercial real estate services firm, brokered the sale of a 38,976-square-foot truck terminal building at 4351 Thurman Road, Forest Park, Ga.

Lee & Associates Atlanta Procures 106,531-Square-Foot Industrial Lease

Torrance, CA - September 20, 2012 - (RealEstateRama) -- Lee & Associates, the nation’s largest broker-owned commercial real estate services firm, brokered the lease of a 106,531-square-foot single tenant industrial building at 6300 Atlantic Boulevard, Norcross, Ga.

Lee & Associates Charleston Promotes Will Sherrod to Principal

Torrance, CA - September 11, 2012 - (RealEstateRama) -- Lee & Associates, one of the largest broker-owned commercial real estate firms in the country, has promoted Will Sherrod as principal in its Charleston office.

Lee & Associates Names a New Board of Directors Member

Torrance, CA - August 24, 2012 - (RealEstateRama) -- T. Richard Bryant, president of Lee & Associates’ Atlanta office, has been elected to serve a two-year term on the Board. In addition, Bryant has been appointed to the Expansion Committee for Lee & Associates. Bryant, an Atlanta real estate veteran, is a current board member and a past president of the Atlanta Board of Realtors, current board member of the George West Mental Health Foundation, a past chairman of the Board of Trustees Asset Management Association Services, the board of advisors for Realtors Commercial Alliance and the Atlanta Chamber of Commerce.

Home Prices Rise in Georgia for Fourth Month in a Row

August 17, 2012 - (RealEstateRama) -- During the month of the 30th Olympiad, housing medaled in several arenas. A few short years ago, housing was considered a headwind to economic recovery. Today, housing is seen as a tailwind to a stalling economy. For the first time since 2005, housing is on track for contributing positively to national GDP in 2012.

Lee & Associates Procures 75,000-Square-Foot Industrial Lease

Torrance, CA - August 16, 2012 - (RealEstateRama) -- Lee & Associates, the nation’s largest broker-owned commercial real estate services firm, brokered the lease of 75,000 square feet in a 300,000-square-foot industrial building at 120 Declaration Drive, McDonough, Georgia. The lessee, Nexus Distribution Corporation was represented by L. Brett Chambless, SIOR and Dave Pals of Lee & Associates. Wes Hardy of Duke Realty Corporation represented the lessor.

Lee & Associates and Balfour Beatty Construction Join Forces in Support of Bright Futures...

Torrance, CA - August 10, 2012 - (RealEstateRama) -- Lee & Associates, one of the largest commercial real estate firms in the country, joined forces with Balfour Beatty Construction for an afternoon of barbecue, jamming tunes, sun and fun on behalf of Bright Futures Atlanta (

Lee & Associates Negotiates 53,000-Square-Foot Industrial Sale

Torrance, CA - August 10, 2012 - (RealEstateRama) -- Lee & Associates, the nation’s largest broker-owned commercial real estate services firm, brokered the sale of a 53,444-square-foot industrial building at 225 Ottley Drive. Parkside Partners purchased the property with plans for redeveloping it into a loft office.

NAR Launches Consumer E-mail Campaign

August 2, 2012 - (RealEstateRama) -- NAR has launched the first of a three-part campaign using e-mails and browser ads to make home owners aware of the value of home ownership and introduce them to NAR and HouseLogic as their allies in support of home ownership.

Georgia REALTORS® Can Attend NAR’s REALTOR® Expo for FREE this Fall

July 26, 2012 - (RealEstateRama) -- Attend the REALTORS® Expo, November 9-12, in Orlando, FL for free. As a Georgia REALTOR®, you have complimentary access to 400 exhibitors at real estate’s largest trade show. Plus network with 20,000 real estate professionals and guests in specialty pavilions and at networking events taking place on the show floor. Register at and enter promo code GEORGIA. Make sure to choose the “trade show only” pass option when you register.

Barrow Announces $660,000 Grant to Prevent Veterans’ Homelessness

U.S. Congressman John Barrow (GA-12) today announced that the Central Savannah River Area Economic Opportunity Authority, Inc. (CSRA EOA) will receive a $661,334 grant...


Mayor Kasim Reed Advances $380 Million in New Transportation Infrastructure Spending...

Mayor Kasim Reed announced today that the Atlanta City Council has voted 13 to 1 to approve a measure to put a special local option sales tax (TSPLOST) referendum on the November ballot to fund transportation related infrastructure projects throughout the City of Atlanta. The ballot referendum will ask Atlanta voters to authorize a 0.4 percent sales tax increase for a five-year period. The TSPLOST is projected to generate approximately $260 million, which will be leveraged to generate additional matching funds.


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