Key Takeaways from the CBRE Q3 2022 Nashville Industrial Figures Report:
- Industrial occupancies in Q3 2022 totaled 3.9 million sq. ft. of net absorption, nearly double the previous quarter.
- The overall asking rates pushed 22.7% growth year-over-year to their current historic high of $7.56 per sq. ft.
- The total market vacancy expanded by 30 basis points in Q3 2022 to 3.1%, relieving an extended period of compression.
Read the full report here.