Nashville industrial market report

2024 Q1

Recognized by the Urban Land Institute as the top city for real estate and investment activity for a third year in a row, Nashville continues to be a major growth market in the Southeast. Strong tenant demand for newly delivered, quality properties are driving market activity, with Nashville’s development pipeline remaining one of the most active in the Southeast region. 
1.7 msf         

Leasing activity

Industrial demand remains unwavering, despite slowing leasing volume



Vacancy has risen 100 basis points year-over-year

$96 psf

Investment sales

Psf pricing fell substantially but can be viewed as a correction in value 

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