No one wants to sell in Nashville. It’s so hard to break into, they don’t often hit the market. When a portfolio does hit, there is an incredible check size and hundreds of interest. #NashvilleIndustrial

Nashville is different. It’s a two track approach. High velocity mid to small box, immediate move ins; pushing land prices. There is still opportunity for bigger box development. How many big boxes are really under construction?#NashvilleIndustrial

Our bulk supply market is tight. It’s a real challenge to develop. We have to find what’s next? Not many are open to being pioneers. #NashvilleIndustrial Bisnow

We’ve seen a 10% increase in steel since beginning of the year. Haven’t quite seen the tariff impact on supplemental materials (dock plates/HVAC/transformers); but it’s coming. Not as bad as headlines are making. #NashvilleIndustrial

2nd panel up now with Melissa Alexander, SIOR at Bisnow Nashville Industrial Summit

160’-180’ deep was forgotten about for a second. As BNA grows and service businesses enter the market and thrive, demand will continue and increase. #NashvilleIndustrial

Nashville is a tough city to buy AND develop in. Streams/wetlands, competition, entitlement, utilities, topo. What can the people control? Any new development will likely require a rezone in Davidson County. #NashvilleIndustrial

Developers just need to keep at it. Getting closer each time and educate why industrial development is needed. #NashvilleIndustrial

10-15ksf users need to be near the rooftops.

Municipalities need to understand the trends of people wanting to be in their town. They need to help solve the utility issue. #NashvilleIndustrial -Melissa Alexander, SIOR

Industrial is moving towards the population centers. Melissa Alexander, SIOR #NashvilleIndustrial

What do the Tenants want in the future? We’ve been seeing a lot of EV, and inevitably, it will come. How can you amenities the space. If you’re already doing site work, go ahead and get it set up. Will we have electric tractor trailers?

Nashville is one of the few markets getting double digit rent growth. Nashville is a leader at 4% escalations. #NashvilleIndustrial

You have to put in spec office and the finishes are getting more expensive. It just really needs to pop; it’s expected now in new Class A development. #NashvilleIndustrial

We’ve been seeing more Tenants need more power. 1,600 v 2,000 amps in new development.

Logistics wasn’t sexy before. It’s in vogue now, including the exterior facade. #NashvilleIndustrial Bisnow

Speed is going to win you the deal.

Predictions for Nashville: it hasn’t slowed down. It will be as fast as developers can build. Demand is there. Future is bright. Pop growth will continue. 3 regional interstates. The downtown story will continue to evolve. #NashvilleIndustrial

What makes nashville difficult to develop in, is what makes it so strong. The existing dynamics will keep Nashville a great market. -Melissa Alexander, SIOR at Bisnow #NashvilleIndustrial

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