MARKET TRENDS
- Overall availability fell to a five-year low of 18.7% in Q2 2026, as strong leasing reduced available space and sublease inventory continued to contract.
- Starbuck's lease commitments totaling more than 325,000 square feet (sf) of new demand demonstrate Nashville's long-term appeal to major corporate users.
- Asking rates increased to $37.28 per square foot (psf), up 1.1% year over year, with demand for premier assets and limited new supply expected to support continued rent growth.