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Nashville Commercial Real Estate In-depth
Nashville is the capital of Tennessee. It is the second most populous city in the state after Memphis.
Nashville commercial real estate provides home to a variety of industries including the health care, music, publishing, banking and transportation industries.
Superior growth opportunities, outstanding workforce,
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Nashville Commercial Real Estate In-depth
Nashville is the capital of Tennessee. It is the second most populous city in the state after Memphis.
Nashville commercial real estate provides home to a variety of industries including the health care, music, publishing, banking and transportation industries.
Superior growth opportunities, outstanding workforce, exceptional quality of life and favorable cost-of-living and cost-of-doing-business are primary factors in the many business success stories with Nashville commercial real estate. Along with quality infrastructure, supportive communities and government, and abundant support and training, Nashville commercial real estate offers many excellent assistance programs and economic advantages that make doing business in the Nashville Region a wise investment.
As the "home of country music", Nashville has become a major music recording and production center. All of the Big Four record labels, as well as numerous independent labels use commercial real estate in Nashville, mostly in the Music Row area. Since the 1960s, Nashville has been the second biggest music production center (after New York) in the U.S. As of 2006, Nashville's music industry is estimated to have a total economic impact of $6.4 billion per year and to contribute 19,000 jobs to the Nashville area.
In 2009, the Signature Tower will begin construction in Downtown Nashville. Standing at more than 1,000 feet above the ground, it will be the largest skyscraper outside of either Chicago or New York City and will be the seventh tallest building in the United States.
Although Nashville is renowned as a music recording center and tourist destination, its largest industry is actually health care. Nashville commercial real estate is home to more than 250 health care companies, including Hospital Corporation of America, the largest private operator of hospitals in the world. As of 2006, it is estimated that the health care industry contributes $18.3 billion per year and 94,000 jobs to the Nashville-area economy.
Nashville has a small but growing film industry. Several major motion pictures have been filmed in Nashville, including The Green Mile, The Last Castle, Gummo, The Thing Called Love, Coal Miner's Daughter, and Robert Altman's Nashville.
Fortune 500 companies that call Nashville commercial real estate home include HCA Inc. (formerly Hospital Corporation of America) and Dollar General Corporation (in Goodlettsville).
Over the last 10 years, the Nashville area has experienced tremendous growth in every sector of the economy. Nashville commercial real estate provides homes to a number of companies in various target industries including automotive, corporate headquarters, manufacturing, technology, distribution/warehouse, health care, and call centers.
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