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Nashville By the Numbers
Office vacancy: 17.7%, down from 19.1% in Q3 2023 (CBRE)
Office pipeline: just 60,000 sq. ft. under construction (CBRE)
Industrial absorption: 2.74 million SF in Q3, with 5.11 million SF year to date (CBRE, via TenantBase)
Industrial pipeline: 5.13 million SF under construction, down from 8.49 million in Q2 (CBRE)
Industrial investment: a record $2.2 billion in 2025 (Southeast Real Estate Business), then $307 million in Q2 2026 at $126 per SF (Matthews)
Retail: 3.5% vacancy and 5.2% rent growth (Matthews/CoStar)
Retail investment: about $331 million in Q1 (Matthews) plus about $273 million in Q2 (Matthews/CoStar), roughly $604 million for the first half (Matthews)
Multifamily: 16,686 units under construction, starts down 36%, rent at $1,663 (down 1.3% year over year), 93.6% occupancy (Yardi Matrix via Multi-Housing News)
Corporate moves: Starbucks’ $100 million Southeast office and up to 2,000 jobs (Area Development)
Hotels: about 2,625 rooms under construction, roughly 20,000 planned, and nearly 2 million SF of office converting
Speakers and Panels
Fireside Chat: Kyle Clayton, Nashville Predators
Smashville's Next Stage: what Broadway 2030 means for Downtown Nashville
Kyle Clayton
Chief Strategy Officer
Nashville Predators
Show Me the Money: Why Capital Still Bets on Nashville
From falling out of the top five to a $1.3 billion quarter, what's really driving investor confidence in Music City right now.
Andy Kidd
Commissioner
Tennessee Department of General Services (DGS)
Kyle Matthews
CEO
Matthews
Greg Friedman
CEO & Managing Principal
Peachtree Group
Uday Sehgal
Managing Partner
Rise Investors
Live, Work, Play, Repeat: The Nashville CRE Outlook
Inside the retail, residential, and mixed-use bets driving Nashville's next wave of development
Brian Dawson
CEO
GBT Realty
Andrew Donchez
Partner, Head of Development
SomeraRoad
Mia Keller
Vice President, Development
The Pizzuti Companies
Nashville's Hotel Boom, Two Ways: Conversions and New Development
Nearly 2 million square feet of office becoming hotels, and thousands of net-new rooms rising alongside it. Inside the two engines behind Music City's hospitality growth.
Bryan Cordes
President
Northwood Hospitality
Shannon Foster
General Manager
Songteller Hotel
Michael Rankin
President & CEO
Crain Construction
Elizabeth Holland
Associate
Winstead
Celebrating Nashville's Women Leading Real Estate
More Honorees to Be Announced!
Austen Berry
Principal
Hodgson Douglas Landscape Architects
Carla Baca
Healthcare Advisor
Sagemont Real Estate
Carlina Bell
Executive Director
William Franklin Buchanan Community Development Corporation
DeAnna Moore
President
Bedrock Management
Dani Badgett
Director, Operators and Culture
Holladay Ventures
Emily Mayes
Senior Project Manager
True North Advisory
Emily Buchanan
Associate
Gensler
Emily Dicks Pipkin
Tenant Advisor
Sagemont
Emily Trapani
Head of Sales
GFiber
Hayley Schulist
Associate Director
Turner and Townsend
Janelle Gallagher
SVP
CBRE
Katherine Swensen
Managing Director
Nuveen Green Capital
Kelsey Oesmann Wilson
Principal
Nelson Community Partners
Kimberly Goodwin
Market Development Manager
United
Lanier Wagster
Senior Advisor
Stride Commerical
Laura LoJacono
Director
MYCON
Meg Epstein
CEO & Founder
CA South
Michelle Meyers
Director, Property Management
Lincoln Property Company
Nadia Coleman
Community Manager
Greystar
Stephanie Ervin
Founder and Principal
The Ervin Group
Women Leading Real Estate Steering Committee
Bronte Prins
General Counsel
SomeraRoad
Elam Freeman
Founder & Principal
Ojas Partners
Emily Lamb
Partner
Winstead
Jenna Muller
Principal
Avison Young
Jennifer Horne
CEO & Managing Partner
Urban Campus & Core
Why You Can't Miss our Marquee Event of the Year
Nashville's CRE Success Story is Just Getting Started.
Nashville has landed at No. 6 nationally in the ULI/PwC Emerging Trends in Real Estate report, a signal that even as competition for capital tightens across the country, the Music City remains one of the markets institutional investors are watching most closely. The numbers back it up: transaction volume hit roughly $1.3 billion in a single quarter this past year, the strongest showing in over a year, with retail and industrial leading the charge. Retail vacancy has tightened into the high 3% range, among the lowest in the country, while industrial rents have climbed double digits year over year. Meanwhile, population growth continues to outpace the national average, with the metro surpassing 2.1 million residents and healthcare, logistics, and fintech diversifying the economy in ways that reduce Nashville's exposure to any single sector's downturn.
But strength doesn't mean uniform. Office and multifamily are working through a slower, more selective recovery, capital is being deployed with more discipline than in years past, and some of the most interesting activity in the city right now involves buildings being reimagined entirely, not built from scratch. That's exactly the terrain this year's State of the Market conference is built to cover. Across three panels, we'll bring together the owners, investors, developers, and operators who are actively shaping what comes next, because in a market this dynamic, understanding where the capital is moving isn't optional. It's the difference between watching Nashville's next chapter unfold and being part of writing it.
This year, our State of the Market is also home to a celebration close to our hearts: Nashville Women Leading Real Estate. Rather than standing alone, we're bringing this year's honorees into our biggest stage of the year, recognizing them live in front of the owners, investors, and developers shaping Nashville's next chapter.
What You'll Learn
Capital Markets/Investment Confidence
Why Nashville still ranks among the nation's top markets to watch, and what a $1.3 billion quarter and compressing cap rates signal about where institutional capital is headed next.
How liquidity is improving as rates stabilize, and what that means for the deals getting done today versus the ones still waiting on the sidelines.
Hotels: Conversions and New Development
What's driving Nashville's unprecedented wave of office-to-hotel conversions, and what a roughly 17 to 18% office vacancy rate means for which towers get reimagined next.
How a hospitality pipeline of thousands of rooms, split between conversions and ground-up construction, is reshaping the calculus for developers and lenders alike.
Live-Work-Play
Why retail remains one of the tightest, most resilient asset classes in the country, and what sub-4% vacancy and double-digit rent growth mean for the next generation of mixed-use development.
How multifamily's return to rent growth are proof that Nashville's live-work-play vision is moving from concept to concrete.
Why You Can't Miss This
This is the one morning where the people actually deploying capital in Nashville, not just talking about it, are in the same room. If you're making buy, sell, or develop decisions in this market over the next 18 months, this is where you'll hear it first.
This is also the one morning where you'll see this year's Women Leading Real Estate honorees recognized on stage, alongside the deals and data shaping where Nashville goes next.
Questions about your ticket purchase or interested in sponsoring? Reach out to customerservice@bisnow.com for customer support.
For questions, recommendations, comments, or press inquiries please email our Vice President of Production, Elizabeth Baker at liz.baker@bisnow.com.
To request disability-related accommodations, please contact janet.fernandez@bisnow.com no later than seven business days before the event.
Venue
Omni Nashville Hotel
250 Rep. John Lewis Way S
Nashville, TN 37203
Ballroom: Cumberland 3/4
Parking Information:
$35 Event Valet Parking
Agenda
| Time | Activity |
|---|---|
|
8:00 AM
9:00 AM
|
Registration, Networking, and Breakfast
|
|
9:00 AM
9:30 AM
|
Fireside Chat: Kyle Clayton, Nashville Predators
Smashville's Next Stage: what Broadway 2030 means for Downtown Nashville |
|
9:30 AM
10:15 AM
|
Show Me the Money: Why Capital Still Bets on Nashville
From falling out of the top five to a $1.3 billion quarter, what's really driving investor confidence in Music City right now. |
|
10:15 AM
10:45 AM
|
Women Leading Real Estate Awards Ceremony
Honoring this year's 23 leaders and trailblazers across all asset classes in Nashville CRE |
|
10:45 AM
11:15 AM
|
Networking Break!
|
|
11:15 AM
12:00 PM
|
Nashville's Hotel Boom, Two Ways: Conversions and New Development
Nearly 2 million square feet of office becoming hotels, and thousands of net-new rooms rising alongside it. Inside the two engines behind Music City's hospitality growth. |
|
12:00 PM
12:45 PM
|
Live, Work, Play, Repeat: The Nashville CRE Outlook
Inside the retail, residential, and mixed-use bets driving Nashville's next wave of development |
|
12:45 PM
1:00 PM
|
Closing Networking
|