Cookie dough sensation NoBaked has announced their second Nashville storefront to be opened in Germantown at the Germantown Market (1120 4th Ave N).
I get that questions all the time when we first start working on behalf of a client.
And this applies equally to all aspects of Nashville commercial real estate - office, retail, industrial, etc.
Growing up in Nashville, I’ve witnessed this city change quite a bit over the years. We’ve come a long way from the small town where everyone knew each other but have been able to maintain that small-town feel. I’ve always loved this city and how people you haven’t met yet are quick to treat you like family. There truly is no place like home. My passion for Nashville lead me to a career in real estate, where I am able to positively impact our city’s growth every day.
Nationally, we’re experiencing strong consumption, despite sluggish income growth. After all, it’s much easier to consume products nowadays thanks to Amazon and online retail.
The Great Recession had a massive impact on how we think about office space.Businesses cut back on unnecessary expenses from lavish dinners to locations. By lowering the square footage per employee, businesses also realized unexpected benefits. But is the open floor plan really as amazing as it’s made out to be?
Since rebounding from the recession, the Nashville apartment market has been on a hockey stick trajectory. The office market has stabilized at 8.5% vacancy, the overall retail market is at 3.3% vacancy. Both lower than national averages. And housing is fighting to keep up with the demand from new residents.