This is very encouraging signs for the downtown market as large amounts of Class A space are hard to come by. The 2012 market will likely become very volatile and active with new projects coming out of the ground of varying sizes.
"Nashville’s office real estate market ended the year on an encouraging note.
The direct vacancy rate finished at 10.5 percent, down from 14.5 percent during the first quarter of 2009 (the low point of the recession), according to Cassidy Turley’s latest report."
http://www.bizjournals.com/nashville...tinues-to.html