Nashville’s sizzling office market showed no signs of slowing down in the first three months of 2015, ending the first quarter with a 7.5 percent overall vacancy rate, a near-historic low, according to JLL’s new Nashville Office Insight Q1 2015 report. The overall average direct asking rent climbed slightly from the preceding quarter, to $22.35 per square foot, still well below the national average.
JLL has just issued its bi-annual Global Real Estate Transparency Index 2014, and the findings are highly encouraging for rising secondary markets in the U.S. like Nashville. The report quantifies real estate market transparency in 102 markets, helping investors and occupiers understand crucial differences between various countries across the globe.
As in the past, the world’s most transparent markets continue to be dominated by the highly liquid English-speaking regions, with the United… Read More