Retailers are learning that when you couple in-store and online purchases together, they are seeing a higher total sales volume. A study done by the International Council of Shopping Centers discovered a synergistic relationship between online and in-store shopping, and retailers and malls are adjusting their methods of attracting customers into their stores.
Leasing office space in Nashville is expensive. From established small business owners to young start ups, businesses that have outgrown their kitchen tables often feel they are left with little options.
Many small Nashville businesses have taken advantage of the widespread popularity in coworking spaces. Similar to coworking spaces, executive offices are a collection of offices that can be individually leased. The main benefits of executive offices are affordability, privacy, and flexibility.
This week at the Real Estate Investors of Nashville, we’re meeting with Roberto Gutierrez. Roberto is the Senior Manager of Jackson Builders and will be speaking about residential and commercial development, as well as ways to build and manage a company with multiple investors.
Alleviant Health Center provides a safe and professional environment for patients to address their mental health. Owner Crystal Koss relies on both traditional and holistic methods in order to treat a multitude of mental health issues.
There’s certainly an office affordability crisis forming within our city – so how can we keep from pushing out the entrepreneurs that have helped make Nashville great?
The answer, I’m beginning to think, is commercial condominiums.
3641 Trousdale Drive Suite 3639 is a 1,260 square foot flex warehouse space located minutes from I-65. The suite features two roll-up / drive-in doors, two walk-in doors, tall ceilings, and a private restroom. This fully-conditioned space also has a security system in place and two or three parking spaces with signage potential on Trousdale Drive.
Commercial real estate, much like other industries, is rampant with its own unique lingo. Words like “triple net” and “cap rate” are thrown around as if they’re common knowledge, but if you’re not in commercial real estate, you likely won’t be able to keep up with the various terms. Calculating commercial rent can be just the same.
700 Hadley Avenue (website here), formerly home to Five String Garage, is a 1,500 square foot newly-renovated cafe in the heart of Old Hickory Village. This former auto garage features a large dining room with abundant natural light, tall ceilings, a performance stage, glass garage doors, and new restrooms / back-of-house.
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.
Once a year, The Nashville Business Journal releases a “Top 25 List” in different industries such as real estate, marketing, health care, and more.
This year, The Cauble Group was ranked 23rd in Lease Volume and 24th in Sales Volume, earning a spot in the Top 25 Commercial Real Estate Brokerages in Nashville.
This week we’re meeting with Dylan Marma. Beginning his real estate investing career in 2015, Dylan quickly rose to a leadership role in a residential and commercial real estate investment company in San Diego. There he began investing in residential real estate, learning how to evaluate markets and manage properties remotely.
Commercial real estate in Nashville has seen a massive expansion of value during this economic growth cycle. Office rents have risen a cumulative 45% in metro Nashville since 2010, and while the city leads the country in office construction, vacancies remain below 6% (far below the 20-year average of 9.8%). Here are three affordable office spaces available for lease around Nashville:
69 Trimble Street is a creative, adaptive-reuse building converted into office and event space from a previously industrial building. Originally constructed in 1955, the solid block building was renovated in 2018 and now features approximately 2,500 square feet of office and 2,500 square feet of event space.
Founded in 2012 by owner and artist Ian White, Safe House’s mission is simple yet bold in living up to its namesake. “Our ultimate goal is to provide an inclusive studio where both artists and clients have a safe place to enjoy the process of tattooing,” states White. White is confident his new location at 4303 Gallatin Pike provides such an environment. Yet White’s new dream studio was found somewhat serendipitously.