Nashville Office Market Report

Upper-tier demand supports positive net absorption. Like other Southeast markets, Nashville’s office sector is expected to see vacancy compression this year, supported in part by limited deliveries and a handful of corporate moves . Notable shifts will include Holland & Knight’s relocation from Nashville City Center to Symphony Place downtown and The General’s 100,000-square-foot expansion near the airport. Entering 2026, Class A properties carried stronger demand momentum, particularly across Downtown, Cool Springs, and West End — the metro’s largest submarkets by stock — where tenants absorbed a net of 1.4 million square feet of space during just the first nine months of last year . The CBD accounted for more than half of this absorption total, underscoring demand for centrally located space. Moreover, Metro Council’s expansion of the Central Business Improvement District may reinforce the competitiveness of core Class A inventory. By contrast, the Class B/C sector entered 2026 on uneven footing, posting net relinquishment in each of the past two years. A recent rise in lease executions with 2026 start dates, however, suggests that conditions may improve modestly.