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Q3 2023 Nashville Office Figures Report
October 30, 2023 5 Minute Read
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- Nashville occupiers absorbed a net positive figure for the fifth consecutive quarter of 208,469 sq. ft.
- Total leasing activity maintained stable growth at 1.8% quarter-over-quarter to 746,000 sq. ft. yet declined 14.1% year-over-year.
- Trophy rents continued to bolster market asking rent growth in Q3 2023, rising to $52.46 per sq. ft. FSG or $39.15 per sq. ft. NNN, an increase of 4.4% quarter-over-quarter and 7.1% year-over-year.