Nashville office: Where is the flight to quality happening the most?

Nashville urban versus suburban class A leasing activity

Graph of class A leasing activity in Nashville's urban, north suburbs and south suburbs
–Class A and trophy office space continue to bolster Nashville leasing activity as tenants pursue upscale building amenities and upgraded space.
–As the urban core has been the epicenter of the most recent construction cycle, the urban flight to quality has rightly followed suit, with class A and trophy leasing activity recording over 1 msf in four out of the last five years. Even still, Nashville’s southern suburban submarkets have seen impressive and consistent activity in class A buildings, with the collective submarkets’ 2023 activity reaching a high in recent history.

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