Nashville Favored by Commercial RE Investors

A recent survey of commercial real estate investors ranked Nashville as a top 10 target among U.S. metros. Nashville ranks #5 in CBRE’s 2023 U.S. Investor Intentions Survey.

The survey found that more investors are prioritizing high-performing secondary markets in 2023, particularly those with strong job and population growth prospects. This can translate into greater potential for equity and income growth. Sun Belt markets are the most appealing: Dallas is the top preferred market, followed by Austin.

“Over the last decade, Nashville has been one of the strongest apartment markets in the country,” said CBRE’s Brett Carr. “Tennessee continues to attract world-class businesses to the state, many of which are establishing a presence in the Nashville metro area. As a result, job and population growth continue to outpace our peer markets and stand as the driving forces in Nashville’s success.”