Could Nashville become the next Austin — a hip capital city that punches above its weight in the office-sales arena?
“It’s the tightest office market in the country right now,” said Scott Homa, JLL’s director of U.S. office research.
“You are seeing a movement in broad market fundamentals that attracts institutional investment,” Homa said. “There may have been some reluctance among some of the more conservative institutional investors to be the first one in. But once it becomes mainstream or established, you start to see more product changing hands, more liquidity.”
Director, U.S. Office Research, JLL