Wednesday, December 14, 2011

Of the Cuff - Nashville Business Journal:

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Bill Hawkins President | Chas. Hawkinws Co. Inc./ CORFAC International | 615-345-7220 Commercial real estats has not taken a vacationthis summer. Leasingt activity in most sectors hasbeen steady. Which area will be the hottest? I would have to say that industria "big box" development in the 840/Couchville Pike commercial retail in Murfreesboro and and general commercial growth in Mountg Juliet and Lebanon arethe "go-to" locations. Despite the national trends of a weakening economy and the residentiao realestate correction, commercial businesd is still strong.
Michelld Kang Affiliate broker | Coldwell Banker Commercial Professionalse | 615-550-0082 The Cool Springzs area is still one of the best areas in Middles Tennessee for newcommercial development. With Nissaj and other headquarters relocating to that existing and new developments will do welltherr -- especially properties like shopping centers and mixed-use properties. Brentwoodc and Cool Springs combined have more rentabl office spaces than downtown Nashville and peopl prefer to work close to where they Murfreesboro is another area in Middle Tennessee boominf for newcommercial developments. A good examplwe is the new Gateway Centetin Murfreesboro.
Retail and mixed-used propertiee are still great properties to develol inthis area. Jay Turnerr Management director | MarketStreet Enterprises | 615-846-4910 Downtown Nashviller claims two ofthe region'sx most promising districts for new development. The with its central location and mix of retail andcommercial properties, has seen momentum intensify with the shiftinvg national attention to sustainable development. Rather than requiring new infrastructure, it is environmentallyu friendly and fiscally sound to reclaim underutilized arease where infrastructurealready exists.
The same can be said of Downtown's riverfronft area, which holds similar development potentiao and stands to be one ofthe city's treasures, one which developers and resident alike can embrace. Anne Shockley Broker and principaol | The Trendex Group Inc. | 615-383-5544

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