Southeast

Nashville - TN USA - Industrial Submarket

Industrial real estate intelligence for the Southeast submarket. 83.1M SF of inventory with 7.5% vacancy. Data sourced from various MLS platforms.

83.1MSF

Inventory

9.2MSF

Available

7.5%

Vacancy

10.8%

Availability Rate

$12.22

Asking Rent

4.6%

Rent Growth

-40,142SF

12mo Absorption

1.9MSF

Under Construction

Market Metrics

12mo Delivered

1.1M SF

Under Constr % of Inv

2.3%%

Sale Price/SF

$130

Cap Rate

6.4%%

12mo Sales Volume

$500,335,876

Sales Vol Growth

8.3%

Asset Value

$11,031,715,531

Net Absorption

-40,142 SF

Recent DC Sales in Market

Property	Price	SF	Buyer
4202 Fidelity St	-	425,720	Industrial Realty Group, LLC
12901 Plantside Dr (Part of a 2 Property Portfolio)	$22.3M	102,500	Aphorio Carter
Met Center 7 (Data Foundry)	-	49,352	Buyer 1 Walton Street Capital, LLC \| Buyer 2 Steelwave
DE1 Denver IBX® Data Center	$7.3M	30,791	Aphorio Carter
Texas 2/ AUS 2	-	195,000	Buyer 1 IFM Investors \| Buyer 2 Switch, Inc.

Available DC Space in Market

Property	Avail SF	Rent	Owner
Bldg 1	5,679	$14.78 - 18.07 (Est.)	New Town Holdings, LLC
Building B	20,182	$10.35 - 12.64 (Est.)	EastGroup Properties, Inc.

Data Centre Development Potential

Moderate vacancy (7.5%) in Southeast suggests a balanced market with selective opportunities for data centre conversion or development. Active construction pipeline of 1.9M SF indicates developer confidence in the submarket. Negative absorption of 40K SF over 12 months warrants caution, though this may create discounted acquisition opportunities.