Nashville's office sector is continuing to see growth in rents and that's not anticipated to stop anytime soon, according to a fourth-quarter market report from Savills. Rent rates hit what the real estate firm called a "high" of $36.34 per square foot full service at the end of 2024, from $32.97 a year ago. Class A rates went from $35.77 per square foot in the fourth quarter of 2023 to $39.68.
Overall, rents are "expected to increase further as new premium office space is slated to deliver in 2025," said Savills.
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