Suburban properties in Nashville witness psf pricing growth amid rising interest rates

• Alongside a noticeable drop in YTD investment volume, increasing borrowing costs and weakening investment demand have caused Nashville’s urban office and industrial investment sales to witness psf pricing decreases. Viewed as a more affordable option, YTD office and industrial suburban sales have witnessed psf pricing growth with capital that was ready to be deployed.
• While it is evident many sellers are waiting out the volatile economic market, these declines across the urban core may be evidence of prices moderating from an overheated market.

August 3, 2023

Additional resources

• Nashville office market report
• Nashville industrial market report

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