Nashville office market report
Q3 2025
Nashville remains a major growth market across the Southeast. The city’s strong labor market, growing population and high quality of life continue to bolster the office market. While an influx of new development has temporarily elevated availability across the market, the absorption of these spaces by a steady stream of tenants seeking quality office space speaks to the resiliency of Nashville's office market. With continued leasing activity and economic fundamentals remaining strong, the outlook for the remainder of the year is optimistic, particularly for well-located properties positioned to meet evolving tenant preferences.
Trophy availability
Nashville is among the top markets recording a notable decline in availability within trophy properties, dropping to 22.6% in Q3.
Trophy asking rents
Asking rents for premium space continue to trend upwards, with trophy rents witnessing a 6.5% increase within the last year.
YTD leasing activity
Leasing activity, totaling 3.0 msf YTD, is increasingly focused on trophy/A+ office space as tenants prioritize amenities and quality space.
Your source for the latest Nashville office market reports
Get in-depth office market reports and insights from commercial real estate experts in the Greater Nashville area. Avison Young advisors look at Nashville commercial real estate activities and the latest Nashville statistics to provide you expert market research on Nashville's office properties.
Explore different topics like the latest office market pricing trends and analysis of Nashville's current office real estate market conditions. Gain a better understanding of Nashville’s office real estate outlook and stay ahead of current office space trends. Make smart decisions when it comes to investing in office properties in Nashville's competitive office real estate market. Avison Young is your trusted source for commercial real estate office market insights in Nashville.