Marcus & Millichap Brokers Sale of Retail Property in Springhill, Tennessee Leased to Heartland Dental
Why this matters
Retail has become a quiet outperformer. A decade of effectively zero new development has left necessity-driven, grocery-anchored, and Sun Belt strip product with negligible vacancy and re-leasing spreads in the high single digits. Cap rates have compressed in step, and the bid for stabilized portfolios is again broad across REITs, pension funds, and institutional core-plus capital. Nashville continues to absorb meaningful multifamily and mixed-use development. Hospitality has been a standout performer through the cycle. The asset class has effectively rerated as a defensive yield trade rather than a secularly challenged sector.
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On the RET wire
- The seventh Nashville story tracked on the wire in November 2026. All Nashville coverage →
- Disclosed retail deal value tracked in November 2026: $2.7B across 46 reported transactions. All Retail coverage →
- 123 stories mentioning Marcus & Millichap on the wire in the past 90 days. Marcus & Millichap coverage →
Computed from Real Estate Trail’s own tracked coverage
SPRINGHILL, TENN. — Marcus & Millichap’s Taylor McMinn Retail Group has brokered the sale of a freestanding retail property in Springhill, a southern suburb of Nashville. Heartland Dental occupies the building, which…
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