Monthly Archives: May 2014

Nashville among elite company in tech information job growth

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Information job growth: A Nashville strength

Nashville has been making it onto a lot of top 10 lists lately.

A new ranking is particularly welcome news because it shows Nashville has entered elite company in the important tech information sector. Metro Nashville ranks No. 10 in the country for growth in the sector, according to Forbes, which published the list… Read More

REITs target Memphis, Nashville for multifamily acquisitions

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Multifamily REIT 1Q Acquisitions

Multifamily REIT 1Q Acquisitions – Source: Real Capital Analytics, JLL Research

Real Estate Investment Trusts (REITs) seeking multifamily investments are increasingly setting their sights on Southeast U.S. markets to take advantage of the yield and upside potential Southeast markets provide.

According to exclusive research from JLL and Real Capital Analytics, Dallas and… Read More

Three reasons why Nashville’s apartment market will not become overbuilt

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Vincent Leffler, SVP, Nashville Capital Markets, JLL

Vincent Lefler, SVP, Nashville Capital Markets, JLL Tennessee

By Vincent Lefler, Senior Vice President, Nashville Capital Markets, JLL Tennessee

The numerous cranes visible on the skyline are a sure sign that multifamily construction is booming in Nashville.

Construction data certainly corroborates that impression. The number of apartments delivered in Nashville jumped from an average of 1,330 units per… Read More

Job growth boosts Tennessee’s CRE markets

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Memphis

Memphis

Steady job growth continues to be good news for Tennessee’s commercial real estate (CRE) markets.

Memphis added 500 jobs in March 2014 and the unemployment rate registered 8.2 percent, a full percentage point lower than the 9.2 percent unemployment rate in October 2013, according to the U.S Bureau of Labor Statistics (BLS).

Consistent job growth has pushed the total number of jobs in… Read More

Nashville office market: positive trends to continue

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Tom Hooper, VP, Nashville Leasing Office, JLL Tennessee

Tom Hooper, VP, Nashville Leasing Office, JLL Tennessee

by Tom Hooper, Vice President, Nashville Leasing Office, JLL Tennessee

JLL just closed a new lease with a company that will be relocating from suburban Brentwood to downtown Nashville.

The lease with Jupiter Auto Insurance at Fifth Third Center is a prime example of the growing demand for Class A space… Read More

Kevin McDowell brings his experience home to Nashville

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Senior Vice President Kevin McDowell will relocate his family to Nashville, Tenn.

Senior Vice President Kevin McDowell will relocate his family to Nashville, Tenn.

Kevin McDowell, JLL Senior Vice President for Project and Development Services, will be permanently relocating to Nashville in his role as lead of the Tennessee division for JLL’s Southeast Region. McDowell has managed JLL projects in Tennessee since 2005,… Read More