Nashville industrial real estate market reports

Q2 2023

Ranked by the Urban Land Institute as the top market to watch for overall real estate prospects for the second year in a row, Nashville is continuing to gain national attention. Steady tenant demand and new construction are driving rent growth across the market. Following a record year in industrial trades, elevated interest rates have slowed market activity, as investors and landlords continue to reassess their investment strategies.     

8.8 msf


Expected deliveries in 2023 will reach record levels.



Vacant construction deliveries result in rising availabilities.


Investment sales

New construction sales bolster declining deal volume.


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