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United States | Nashville, TN

Report | Nashville Office Insight - Q3 2016

Summary

A historically low 4.6 percent occupancy rate (as of Q3) is pushing forward major development activity throughout Nashville. The construction pipeline now tops 10 million square feet, which, if all completed, would grow the market by 30 percent of its currently existing inventory.

Year-to-date, $2.6 billion of building permits have been approved by the city and it isn't just limited to local investors. National and international investors are now joining the mix as they hope to cash in on the city's continued boom.​

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