The Nashville office market ended Q2 2020 with a slight uptick in total vacancy, while still maintaining stable rent growth, and delivering nearly 560,000 sq. ft. of new, Class A construction to the Nashville skyline.

With recent changes to Nashville’s property tax rate and the aftermath of the pandemic still unfolding, the upcoming quarters will be more telling as to the long-term effects that the pandemic will have on the Nashville market. On the upside, as the economy continues to gradually reopen, pent up demand will likely help drive growth and lead Nashville’s economy to a swift recovery.