Figures

Nashville Industrial Figures Report Q4 2023

January 22, 2024 3 Minute Read

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  • The Nashville industrial market inventory expanded by 4.8% in 2023 to over 218 million sq. ft., a 5-year growth rate of 18.5%.
  • Annual net absorption totaled a record 9.7 million sq. ft. in 2023.
  • The average triple net asking rent increased 0.9% quarter-over-quarter and 5.8% year-over-year to $7.84 per sq. ft.