The Nashville-area industrial real estate market looks a lot like the red-hot (though slackening) housing sector, as logistics and manufacturing companies jockey for space to meet surging demand.
Industrial rental rates have reached a record high in Nashville. Within the sector, the average triple-net asking lease rate in Q3 was $6.16 per square foot — a 12-percent increase year-over-year, according to CBRE broker Steve Preston.
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