HOUSTON — Transwestern has opened a new office in Nashville, Tennessee, expanding its presence to provide agency leasing, tenant advisory, capital markets and asset services to property owners and occupiers across the region. The Nashville location marks the thirty-fifth office for Houston-based Transwestern.
“Nashville has become a priority market for investors seeking strategic real estate advisory,” said Chip Clarke, Transwestern’s President, Americas. “With a strong local economy driven by healthcare, technology, music and tourism, now is the right time for Transwestern to bring our best-in-class services and broaden our footprint in the region.”
Nashville’s economy remains robust, with an unemployment rate of 2.3 percent—well below the national average of 4.3 percent. The market continues to attract a steady stream of corporate relocations and expansions, anchored by major employers such as HCA, Mars Petcare, Asurion, Bridgestone, Nissan North America, Dollar General and Caterpillar Financial. That combination of job growth and corporate activity, together with low commercial vacancy rates, has drawn significant real estate capital to the market and increased demand for comprehensive advisory services.
As part of its Nashville expansion, Transwestern has been appointed property manager for One Century Place, located at 26 Century Boulevard, on behalf of Griffin Capital Company LLC of Los Angeles. The assignment adds local asset and property management responsibilities to Transwestern’s growing regional platform.