Nashville office insight - Q2 2018

With new job announcements comes new office space, and there’s an interesting trend emerging in Music City’s development landscape. Nashville has traditionally never been a speculative office market, with most projects averaging approximately 30 percent pre-leasing before breaking ground. Now we’re seeing local and out-of-town developers put shovels to dirt without any tenants in hand. Most notably Eakin Partner’s has kicked off on their 280,000- square-foot project Peabody Plaza and OliverMcMillan has begun the 380,000- square-foot office portion of their Fifth & Broadway development.

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