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Nashville’s 'small-bay' market captures over half of direct industrial leases

Since 2020, the bulk of industrial leases has been in buildings under 50,000 square feet
CoStar Analytics
October 9, 2025 | 2:06 P.M.

With demand rebounding for industrial space in Nashville, Tennessee, the smallest-building segment continues to capture the highest share of overall leases. Small-bay buildings, which typically cater to tenants occupying less than 50,000 square feet, have consistently accounted for over half of overall leasing.

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