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Last week, the Nashville Area Chamber of Commerce came out forcefully for a transit plan for metro Nashville. We asked Chamber VP of policy Jennifer Carlat more about that position, and transit's impact on real estate. 
Bisnow: Besides congestion, why does Nashville need a transit plan? Jennifer: As our region grows, we'll continue to see increasing delays in our ability to move people and goods across Middle Tennessee, but the negative impact of congestion is much…
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Broadway And Fifth Development Bags First Retail Tenant
Nashville restaurateur Tom Morales inked a deal to become the first announced retail tenant for the mixed-use project at Broadway and Fifth Avenue N, led by local office developer Pat Emery and San Diego-based OliverMcMillan. Morales will lease 12k SF…
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Tennessee Export Economy In Good Shape
Good news for Nashville's industrial market: Tennessee's export economy is relatively strong, according to a new report, Global Commerce, from the Business and Economic Research Center at Middle Tennessee State University. That's despite the strength of the dollar and weaker global…
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Real Estate Transactions Decline In Q1, But Outlook Remains HealthyThough commercial real estate transactions decreased significantly in Q1, industry experts say the outlook remains healthy for capital markets. Deal volume fell 18.5% to $108B compared to the year-ago quarter, Ten-X says in its CRE capital markets report. “A first-quarter slowdown in transactional volume was predictable, as investors traditionally push to get deals on the books by the end of the fourth quarter,” Ten-X Research chief economist Peter Muoio says. Check out how the five real estate sectors—office, industrial, hotel, multifamily and retail— fared in Q1. |
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Study Finds REITs Are Pension Funds' Top-Performing AssetDeclining interest rates have hurt pension fund investments, making it difficult to yield large returns, so funds have turned to alternative investments like real estate. A recent study revealed REITs are the top-performing asset class in pension funds, despite the fact they account for less than 1% of fund allocations, CEM Benchmarking researcher Alex Beath tells Bisnow. |
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