SITE SELECTION SERVICES

Retail and Developer

Site Selection Across Georgia and the Carolinas

ASSISTING OUR CLIENTS LOCATING STRATEGIC RETAIL SITES

OUR WORK ON YOUR BEHALF

Commercial Land Experts

Our team specializes in site selection and commercial land in the southeast, with our efficient standard work procedures and dedicated support staff, we are able to generate off-market opportunities in any market. Additionally, we will send you updates on any sites that hit the market in your target areas. Once give your criteria and goals, we will begin a master assignment and create multiple opportunities for your group to chase and execute.

BEST-IN-CLASS

Marketing - Advisement - Analysis

In our world, we brokers wear two primary hats: That of an Advisor and that of a Marketer. Our team takes great pride in seeking to be the best in class in both. When seeking to market properties well, it is a matter of gathering and summarizing all of the relevant property information in as concise a format as possible and then putting it in front of as many potentially interested parties as possible. Our primary steps for accomplishing this are as follows:

KNOWLEDGE OF ACTIVE BUYERS & DEVELOPERS

Through our years of experience in commercial land, we have built a thorough a great relationship with a large number of developers and tenants. We have also collected a large database of contacts and information that we utilize to who would be the best fit for a site and how to get it in front of them quickly.

Every developer deserves a partner who understands the nuances of retail landscapes and is committed to presenting properties with the utmost sophistication and strategic insight. By dedicating ourselves to rigorous market research and meticulous site analysis, we ensure that each location we recommend stands out, compellingly presented to capture the immediate interest of retailers. Our proactive approach in market trend analysis and site optimization keeps your development at the forefront, constantly aligned with the evolving retail environment. Let us redefine what comprehensive, elite site selection service means for your retail developments.

COMMERCIAL LAND CLOSED DEALS

Industrial Market Report

CSRA Warehouse Leasing Market Report Overview

November 21, 20242 min read

Key Insights from the CSRA Warehouse Leasing Market Report

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The CSRA Warehouse Leasing Market Report has revealed some intriguing trends shaping Augusta’s industrial real estate landscape. If you're in the market—whether as a tenant, property owner, or investor—these insights will hopefully assist you in navigating what is a tight market.

Lease Rates Are Declining, But Demand Remains High

Average lease rates have dipped slightly, from $4.89 per square foot in 2023 to $4.62 in 2024. However, this isn’t due to reduced demand primarily. The decrease stems from aging inventory dominating the market. Among nine active listings, only one was built after 1982. High-quality, modern spaces are scarce (practically non-existent), driving tenants toward older facilities.

Aging Inventory Shapes the Market

The average building age of leased properties has jumped down him him him from 1992 to 1978, and on-market properties are even older, dating back to 1966. Alongside this trend, clear heights—a critical feature for many tenants—have decreased from 27 feet in 2023 to just 24 feet for available listings. This reliance on outdated facilities impacts operations and lease pricing.

Leasing Activity Doubles, Modern Supply Lags

Despite these challenges, leasing activity is thriving. Square footage leased has nearly doubled, rising from 445,896 square feet in 2023 to 864,281 square feet in 2024. Yet, with 1.7 million square feet of on-market inventory, only one building was constructed post-1990. This imbalance leaves tenants competing for limited modern spaces.

What Does This Mean for You?

The inventory that's on-market is ultimately the tip of the iceberg. Accessing other opportunities takes creativity and knowledge of the market. If you're in the market for space over the next couple of years, you should aim to be as proactive as possible, and consider making a plan at least a year before your lease expiration. Acting swiftly and decisively is critical for securing high-quality space.

Have questions about how these trends impact your real estate goals? Let’s connect and strategize on how to navigate Augusta’s dynamic industrial market.

Click here to Download Market Report

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For Retailers

  • We use advanced mapping and demographics tools to study the markets and help identify the best locations

  • We focus on off-market opportunities, and have a proven track record of finding killer sites

  • We can assist with negotiation, due diligence, transaction management, and entitlement

For Developers

  • We help identify markets that meet your client's requirements, and handle the market analysis, phone calls and emails required to find sites, and let you focus on deal-making.

  • We can evaluate residuals, and help you put together multi-tenant deals--we handle REO and Surplus property work for other national developers and retailers.

  • You need a team with access to detailed analysis, ensuring you're not leaving money on the table.

Respice Finem (rā-spi-ˌke-ˈfē-ˌnem) - Latin: “Consider the End”, “Live so that your life will be approved after your death.”

REGIONAL FOCUS & EXPERTISE MEETS CLIENT-SERVICE

Let our dedicated land team go to work for you today!

JONATHAN ACEVES, CCIM, MBA

706.214.2927

j[email protected]

JOHN ECKLEY,CCIM, MBA

706.214.2937

[email protected]

DUSTIN WRIGHT

706.214.2922

[email protected]

3 STEPS TO ENSURE YOU'RE PREPARED


Working with the Finem Group is easy.

SCHEDULE CALL

Click on the button below to schedule a time to talk with one of our advisors. We'll ask some questions about your goals, and we'll collect information about your site selection needs.

PROPOSAL

We'll present you with a proposal to move forward. This will have detailed information about our process along with case studies and success stories from similar assignments.

DECISION

We'll talk together and decide if our team is a fit for the assignment. We may not be the right team to work with your company, and we try to be careful to work with companies whose values match our own.

CASE STUDIES

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