Nashville's hot new Real Estate market and resource!
[{"id": "dhdbohl", "text": "Does anyone else think you'd have to be stupid to invest in the Nashville market today?  As much as I love 4% cap rates for multifamily, I'll look elsewhere.", "replies": [{"id": "dhdfxll", "text": "Yep. Nashville multifamily is done. \n\nOffice is still strong though. I work in a much larger market, with PSF rates at half of what they get in that region.", "replies": [{"id": "dhdhuvu", "text": "Interesting.  My exposure to the office segment is somewhat limited.  I was there a few years ago and saw that there was a significant shortage of quality office space in Nashville.  Is that still the case?", "replies": [{"id": "dhdicbi", "text": "I don't work in that market, but I have been to a few presentations recently on it and visit it a fair amount. I know that the Franklin office market is really hot right now. I was quoted $35-40/ft lease rates there, and similar in downtown by their chambers.\n\nThey are having huge traffic problems because of the recent office user influx, so I imagine development is surely following still. They get something like 75 new residents a day.", "replies": [], "depth": 4}], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "dhmpji3", "text": "Well done, Your books met my expectations ", "replies": [], "depth": 1}, {"id": "dhoe361", "text": "I found this post exceptionally helpful and efficient", "replies": [], "depth": 1}]