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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:
Catalyst Capital, affiliated with local real estate investor Tyler Cauble, has acquired 4013 Travis Drive. Built in 1969, the approximately 12,000 square foot office building is currently undergoing extensive renovations.
