Local industrial property market ahead of nation’s
Posted on October 30, 2009 at 9:44 am
Data compiled by Colliers shows Nashville – along with regional competitors Louisville and Indianapolis – with an industrial real estate vacancy rate that is well below the national average. Memphis, Atlanta and Cincinnati, on the other hand, are struggling with double-digit numbers.
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Downtown office market among region’s worst
Posted on July 28, 2009 at 3:01 pm
Almost one in five square feet of downtown Nashville’s office inventory stood empty at the end of June, one of the worst numbers in this part of the country. Only St. Louis’ downtown is in worse shape — and has been for several quarters — while the CBDs of Louisville and Charlotte are looking OK for now.
On the suburban front, Nashville is among the strongest performers (as is St. Louis, go figure) in the region with a vacancy rate of 13 percent.
Colliers’ Adams gets green distinction
Posted on March 30, 2009 at 4:55 pm
Colliers Turley Martin Tucker team member Dillard Adams Jr. has received the top rank for sustainable building professionals.
Adams, the director of construction services for the Nashville Colliers’ office, recently received the LEED Accredited Professional designation awarded by the Green Building Certification Institute. The distinction requires a strong familiarity with the green building practices championed by Institute’s LEED Rating System.
Adams will lend his sustainable building expertise to his daily tasks which include overseeing the addition and construction to Colliers’ tenant spaces.
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This year’s NAIOP winners
Posted on March 6, 2009 at 7:51 amThe real estate trade group’s local chapter will next week honor Gulch developer Steve Turner, regional power player Highwoods Properties, brokers Dave McGahren and J.T. Martin as well as a host of others at its annual awards gala. Now go network or something.
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No really, they didn’t overbuild
Posted on February 3, 2009 at 11:10 amNashville has one of the best-performing industrial property markets in the country, according to research from Colliers Turley Martin Tucker. Regionally, only St. Louis, Indy and Louisville are in the ballpark.
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Colliers to manage Panattoni properties
Posted on January 26, 2009 at 11:31 pmColliers Turley Martin Tucker will manage office and industrial buildings from New Jersey to Denver and Chicago to Tampa. Locally, the two firms are closely connected via Whit Hamilton, who was Colliers’ managing principal until he moved to Panattoni in 2005.
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Numbers sure to change
Posted on November 24, 2008 at 2:47 pmColliers sketches the state of the U.S. retail market. Nashville’s numbers aren’t horrible or worsening rapidly compared to other markets, but given the state of the economy, none of these stats won’t be worth a whole lot until the spring.
“…Anecdotal evidence from our retail practitioners nationwide has made it clear that retailers are very reluctant to go forward with plans to open new stores,” continued Duffy. “Only single-digit percentages of originally-planned openings are coming to fruition, and we predict store- closings on a large scale come January, after retailers have slugged through the holiday peak season.”
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