The Giles Group

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The Giles Group Nashville commercial real estate advisory firm representing office, industrial, and retail occupiers exclusively - no landlord representation.

Principal-led by Shane Giles, MPRE.

It’s difficult to accurately generalize about the state of CRE. Each asset type and market responds to economic conditio...
02/16/2023

It’s difficult to accurately generalize about the state of CRE. Each asset type and market responds to economic conditions very differently.

Despite strong economic indicators, commercial real estate is acting as though the U.S. is already in a recession — and experts are bracing for more pain.

Will this be a trend for other popular restaurants - tear down existing locations with indoor dining rooms in order to b...
02/16/2023

Will this be a trend for other popular restaurants - tear down existing locations with indoor dining rooms in order to build drive-thru only locations with multiple lanes?

The new restaurant will have more drive-thru lanes and no indoor dining.

Converting vacant office space to housing is a popular theme -- not just in the US, but in Canada as well. Unfortunately...
02/15/2023

Converting vacant office space to housing is a popular theme -- not just in the US, but in Canada as well. Unfortunately, after an assessment of over 500 buildings, only 25% are realistic conversion options.

With office vacancy rates at high levels in several Canadian cities and a shortage of housing, the idea of turning old empty offices into apartments or condos is attracting attention. Experts say the concept is good, but it’s not a fix all to solve complex housing issues.

There will be significant opportunities for brokerage, accounting, and consulting firms to support owners and developers...
02/14/2023

There will be significant opportunities for brokerage, accounting, and consulting firms to support owners and developers with sustainability projects backed partially by federal funds.

The significant federal investment in renewable power and green infrastructure is leading to a rush for talent in commercial real estate.

There’s hope for landlords who have to fill vacant BB&B locations.
02/13/2023

There’s hope for landlords who have to fill vacant BB&B locations.

Some landlords who own Bed Bath & Beyond boxes are already lining up replacement tenants.

There has been a lot of discussion about redeveloping vacant office buildings into other uses, like multifamily. A chang...
02/03/2023

There has been a lot of discussion about redeveloping vacant office buildings into other uses, like multifamily. A change to zoning codes in Arlington, VA has opened new possibilities with lower conversion costs.

The Arlington County Board approved a zoning change Saturday that would allow vacant office space to be converted by-right to a series of alternate uses.

Chipotle has identified an opportunity and plans to more than double its footprint to 7,000 locations over the next few ...
02/03/2023

Chipotle has identified an opportunity and plans to more than double its footprint to 7,000 locations over the next few year.

Chipotle is looking to expand its footprint across the country to 7,000 stores.

Big tech companies who fueled office market growth over the last few years are now subletting vast amounts of space acro...
01/31/2023

Big tech companies who fueled office market growth over the last few years are now subletting vast amounts of space across many markets. If you’re in the market for new space, this could help your ability to negotiate better lease rates and other terms.

Tech has leased more office space than any other industry since 2010. Now, leasing activity has slowed to a five-year low and subleases are piling up.

This new report shows that since 2019, office and retail spaces in walkable areas have commanded a 40%+ rent premium com...
01/31/2023

This new report shows that since 2019, office and retail spaces in walkable areas have commanded a 40%+ rent premium compared to spaces in non-walkable areas. This is true for markets of all sizes, not just confined to major cities.

A new report by Smart Growth America shows how walkable urban areas impact office, retail and other CRE asset types across the nation.

Address

725 Cool Springs Boulevard, Suite 600
Franklin, TN
37067

Opening Hours

Monday 9am - 5pm
Tuesday 9am - 5pm
Wednesday 9am - 5pm
Thursday 9am - 5pm
Friday 9am - 5pm

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