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From quarter two to quarter three of 2019, industrial vacancies have decreased from 4.8% to 4.1%. Nashville’s vacancy rates are holding at a near record low and are continually decreasing. With the rise of e-commerce and online shopping in the US, industrial products like warehouses and logistics centers are becoming more and more crucial for product distribution.
From quarter two to quarter three of 2019, retail vacancies have remained the same at a low 3%. Nashville’s vacancy rates are holding at a near record low. With the rise of e-commerce and online shopping posing a threat to brick and mortar shops, the Nashville market remains tight in retail availability.
