October 25, 2016
Tennessee Cities Emerging as Office, Industrial Powerhouses
Tennessee Cities Emerging as Office, Industrial Powerhouses October 21, 2016 |  Robert Carr | NREIOnline Skyrocketing rents in primary office and industrial markets have pushed tenants, and investors, into high-demand secondary markets. …

Read more

Tennessee Cities Emerging as Office, Industrial Powerhouses

October 21, 2016 |   | NREIOnline

Skyrocketing rents in primary office and industrial markets have pushed tenants, and investors, into high-demand secondary markets. High on the list of such markets is Tennessee.

The Nashville office market currently has the nation’s lowest vacancy rate, at 4.7 percent, according to a third quarter report from real estate services firm Cushman & Wakefield. As for industrial, Memphis is making noise after experiencing the biggest decline in availability quarter-over-quarter, at 260 basis points, according to a report from real estate services firm CBRE. Memphis, the second largest commercial airline hub in the world, has an overall vacancy rate of 3.3 percent, one of the tightest in the country, according to Cushman & Wakefield.

Nashville is one of the top five markets for office pre-leasing, according to real estate services firm JLL. Of the 3.8 million sq. ft. under construction in the market, about 72 percent is pre-leased, says Tom Hooper, the local executive vice president with JLL. The city serves as a draw for Millennials looking for a downtown area that includes entertainment, he says.

Read Full Article Located Here

Recent

4 Tips To Improve Your Banner Ads

4 Tips To Improve Your Banner Ads

The first step to improving your banner ads is to craft a compelling advertisement. Too often, alternative investment firms simply feature their logo and tagline, expecting viewers to click through.

Most Popular

Blue Vault Q2 2023 Performance Reports Update

Blue Vault Q2 2023 Performance Reports Update

Blue Vault Q2 2023 Performance Reports Update 10-3-2023 Blue Vault wishes to acknowledge and apologize for the delay in publishing some Q2 2023 NTR Individual Performance Pages (IPPs) as well as the full review. We recently added additional reporting metrics to our IPPs, and that, combined with coverage of all share classes and some additional…
Blue Vault Q2 2023 Performance Reports Update

Blue Vault Q2 2023 Performance Reports Update

Blue Vault Q2 2023 Performance Reports Update 9-25-2023 Blue Vault has published the Q2 2023 Nontraded BDC Industry Review as well as Individual Performance Report and Limited Operations pages for the following offerings (newly published pages in bold font): Nontraded REITS American Healthcare REIT Q2 2023 Apollo Realty Income Solutions Q2 2023 (limited operations) Ares…

Explore

Blue Vault Logo
Don’t miss alts news
and educational events

Subscribe Now