Quote:
Originally Posted by AlpacaObsessor
Data as of Q1 2018
Total urban office space: 12.4 Million SqFt
Total urban office space U/C: 730K SqFt
Percentage of metro office space being constructed in downtown: 730K / 1.9M = about 38%
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Don't know where you got those figures.
Cushman Wakefield's quarterly report for Q2 2018....
http://www.cushmanwakefield.com/en/r...ffice-snapshot
Total downtown office space... 8.9 million sf
Total under construction in cbd.... apx 1million sf
Total Midtown office space... 4.5 million sf
Total under construction in MT... 350k+ sf
Total Metro Office space..... 38.6 million sf
Total under construction in 2Q... 1.6 million sf
Breakdown of all submarkets in 2018 and vacancy
Airport North 4,255,752 441,914 10.4%
Airport South 3,608,932 306,310 8.5%
Brentwood 5,606,745 554,013 9.7%
CBD 8,384,224 992,868 11.8%
Cool Springs 7,738,386 563,507 7.3%
Green Hills/West Nashville 1,947,648 46,188 2.4%
MetroCenter 1,871,717 140,034 7.5%
Midtown 4,486,554 218,235 4.9%
North Nashville 620,544 66,498 10.7%
Impending big projects breaking ground in 2018-19:
Asurion - 530K sf (CBD)
Broadwest - 430K sf (MT)
Nashville Yards Phase 1 - 480K sf (CBD)
One KVB - 490K sf (CBD)