Brennan Breaks Ground on 210K-SF Distribution Building Near Nashville
Why this matters
Industrial has moved into a normalization phase after the 2020-2023 frenzy. Vacancies are up modestly, sublease space remains a watch item in the big-box logistics segment, and rent growth has shifted from double-digit to mid-single-digit. The long-term tailwinds — nearshoring, e-commerce penetration, infill scarcity — remain intact. Nashville continues to absorb meaningful multifamily and mixed-use development. Hospitality has been a standout performer through the cycle. Institutional capital is calibrating between core income and value-add basis plays as the cycle matures.
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On the RET wire
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Brennan Investment Group has commenced construction on a 210,000 square-foot speculative industrial facility situated on 17 acres in Whites Creek, Tennessee. The building is expected to be completed in the second quar…
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