Greenline Partners’ latest East Nashville commercial project has been delivered in 37206.
The Edison, named for the American inventor, is located on one of the east side’s busiest thoroughfares: East Trinity Lane.
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.
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.
Leasing commercial real estate isn’t easy. And businesses who don’t follow the process correctly will likely fail.
Unfortunately, we see it too often.
You could have the best products and services. You could even have an A+ location.
But if you missed one seemingly minor detail throughout the process, it could cost you.
Here are the 8 steps to leasing commercial real estate.
Business owners these days don’t care to have an oversized corner office sheltered from their team.They want to be in the trenches, working side-by-side with employees. And the open floorplan is no longer the solution.
Each year, the Nashville Area Chamber of Commerce leads a local coalition that tracks the key issues impacting the greater Nashville region and provides feedback / solutions with which we might address them. The Chamber’s “Vital Signs” report, which highlights the regional data collected and forecasts future regional challenges, is released to the public each October.
So, how will these issues impact Nashville’s real estate and business environment?
When you are looking to start a new business, it’s important to keep your ears and eyes open to discover what the newest trends are. You don’t want to put time and money into producing merchandise that is on the downtrend or you’ll soon find yourself looking for a new business venture.
Whether you are looking at office space or retail space, at starting a new venture or relocating to a bigger space, there are things that you should be aware of. Here are some tips that you can use to help you make sure that you are getting the best deal for your hard earned money.