2015 net absorption reached a positive 369,988 square feet, keeping retail occupancy over 92% for the eighth consecutive quarter. 

Retail investment topped $143 million, with an average of $321 per square foot during the fourth quarter. The total 2015 sales reached nearly $325 million at an average of $298 per square foot.

Increased market interest and declining vacancy are driving rental rates to record highs.

Nashville Retail Market Statistics