Author Archives: JLL Tennessee

Nashville’s unique new industrial park now available for lease

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Panattoni development company & JLL Nashville host open house at Nashville’s new Skyline Distribution Park

Panattoni & JLL Nashville’s Industrial team hosted a March Madness open house at Panattoni’s Skyline’s Industrial Distribution Park on March 17th. This was the first opportunity for most of Nashville’s commercial real estate community to visit the anticipated Skyline Industrial Distribution Park,… Read More

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JLL Nashville wins big at 2017 NAIOP gala awards

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JLL NASHVILLE’S VINCENT LEFLER CELEBRATES SECOND YEAR AS NAIOP BROKER OF THE YEAR

(Senior Vice President Vince Lefler and Analyst Peter Chacon proudly display their awards. Not pictured, Vice President Sean McGuire)

For the second year in a row, Vincent Lefler received the NAIOP Broker of the Year award at the Nashville chapter of the NAIOP, Commercial Real… Read More

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Nashville’s the city with the lowest office vacancy rate in the country

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Compared to the rest of the country, Nashville’s office vacancy remains the lowest in the country. However, for the first time in six quarters, office vacancy has begun to increase. At the end of Q4, office vacancy sits at 6.2 percent overall compared to last quarter’s 4.6 percent. Class A and B space saw an increase in office vacancy,… Read More

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What a merry year for Nashville

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Q4 2016 Industrial Insight 

What a merry year for Nashville! Music City’s industrial rental rates reached record highs and vacancies hit new lows. Over the course of the year, rental rates grew by 6.4 percent – from $4.07 to $4.33 – between Q1 and Q4 respectively. Vacancy in that same time period remained stable at 4.4 percent, largely as a result… Read More

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Nashville Office Insight- Q2 2016

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CaptureNew lows launch Nashville to national high

Positive vibes: absorption, construction and the economy

Despite having the lowest vacancy in the country, Nashville’s absorption is on track for another year over 1 million square feet. This quarter absorption was 217,464 square feet. By year’s end, 8 more projects, totaling 1.4 million square feet,… Read More

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JLL’s Tom Hooper and Bo Tyler recognized as Power Brokers by Nashville Business Journal

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Every year The Nashville Business Journal honors Power Leaders of Commercial Real Estate. JLL Nashville’s Tom Hooper and Bo Tyler have been chosen as Power Brokers in 2016. Winners were recognized at a cocktail reception and program on June 14. Additionally there is a special section of Nashville Business Journal’s June 24 print edition dedicated to… Read More

Categories: Nashville.

Job growth + construction activity next to none

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Job growth that surpasses all U.S. counties illuminates office demand
Nashville’s Williamson County, home to the submarkets with the consistently lowest vacancy rates, witnessed a 6.5 percent increase in job growth in 2015, outstripping the largest counties in the country, which averaged an increase of 1.9 percent in employment growth. The sector with the largest employment increase in Williamson County occurred in professional and business services, which bodes well for office leasing. Davidson County… Read More