Category Archives: Midtown

Office Leasing Activity Gains Momentum in Nashville

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Heading into the second half of the year, the momentum in Nashville’s office sector shows no signs of slowing.

The already low vacancy rate for Class A office space has dropped even further, from 5.4 percent in first-quarter 2014 to 4.4 percent in second-quarter 2014, according to JLL’s Nashville Office Insight Q2 2014 report. The overall direct vacancy rate also continues to decline, from 9.9 percent in the first quarter to 9.1 percent in the… 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