Figures

Nashville Office Figures Report Q4 2022

January 12, 2023

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  • Nashville's average asking office rent increased to $31.18 per sq. ft. FSG in Q4 2022, a rent growth of 6.0% year-over-year.
     
  • The overall vacancy rate compressed to 18.6% in Q4, down 60 basis points from Q3, and up 100 basis points year-over-year.
     
  • Tighter financial market conditions slowed capital markets activity in 2022.