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VOL. 39 | NO. 10 | Friday, March 06, 2015

Space race: Office shortage has Middle Tennessee builders, renters scrambling

Businesses looking for office space in Nashville are learning a painful lesson that homebuyers already know – prices are high, and if you take time to shop around for a better deal, someone else is likely to snap up the property, leaving you out in the cold.

Eakin: Rising rents hitting all of Middle Tennessee

Selling business people on the idea of relocating to Nashville is easy for commercial real estate broker Barry R. Smith because he, too, bought into the city’s charm when he first came to town in 1981.

Ryan: Be flexible on location for more office space options

After 22 years heading up the Metro Housing and Development Authority for Nashville, Phil Ryan certainly knows the Middle Tennessee housing market.

Top commercial real estate transactions March 1, 2014-March 1, 2015

Top commercial real estate transactions, March 1, 2014-March 1, 2015, for Davidson, Williamson, Rutherford, Wilson and Sumner counties, as compiled by Chandler Reports.

Local Weather
Today
Nashville, TN
22°F
Fair
Wind: 9 mph
Humidity: 59%

EVENTS

Nashville Lawn and Garden Show. This year’s Nashville Lawn and Garden Show will partner with the Tennessee Farm Winegrowers Alliance to present a one-day-only Wine Festival during the show’s traditional four-day Show, which runs through Sunday, at the Tennessee State Fairgrounds. The Show will incorporate locally produced wine from more than a dozen of the state’s most celebrated wineries on Saturday, March 7, noon-7 p.m. Wine Festival wrist bands will be available inside the Nashville Lawn & Garden Show. Each wrist band will allow the purchaser to enjoy wine tastings, a complimentary wine glass, and have the opportunity to purchase wine produced in the Volunteer State. Information: 876-7680, www.nashvillelawnandgardenshow.com.

more events »

VIEW FROM THE HILL

Eliminating Hall income tax raises new problems

Republican lawmakers are lining up legislation to reduce or phase out Tennessee’s Hall income tax on investments, even though Gov. Bill Haslam is concerned about losing revenue amid the state’s economic ups and downs.

Desperate families beg Legislature to legalize cannabis oil

Josie Mae Mathes had her first birthday recently, but because she suffers from childhood epilepsy and infantile spasms, she’s so medicated she can barely move.

Drive! consortium pushes regional auto industry

Tennessee’s bustling automotive-industry sector is going to get a whole lot busier in the coming months, at least if a large group of businesses, agencies and related parties behind the Drive! for the Future Consortium (Drive!) have anything to say about it.

REALTY CHECK

Affordable housing gets foot in the door in mayoral election

In recent weeks, the mayor’s race has taken a new focus: Affordable housing.

GUEST COLUMNIST

Charging 'labor fees' for public records a bad idea

The fastest way to shut down access to government records is to charge fees people can’t afford to pay.

NEWSMAKERS

Aerial Development CEO wins Woman of the Year

Britnie Turner, founder and CEO of Aerial Development Group, is a 2015 Enterprising Woman of the Year, Enterprising Women magazine’s annual tribute to the world’s top women entrepreneurs.

BEHIND THE WHEEL

Nissan’s Z sport coupe remains an affordable performer

Thank you, Yutaka Katayama. Katayama, who died last week at age 105, was the executive who renamed the sports car Nissan exported to the United States in the late 1960s. It had been called the Fairlady, and nothing against “My Fair Lady,” but it wasn’t an appealing name for a sports car in America. The new name, the company’s code designation for the project, had more pizazz: the 240Z.

GUERRILLA MARKETING

Digital marketing for all generations

While speaking to the Vancouver Board of Trade a few years ago, Starbucks CEO Howard Schultz talked about the need for companies to use social media to build a “reservoir of trust” rather than just to sell more products.

CAREER CORNER

Are you willing to market yourself with a $5 resume?

Occasionally, I’ll meet with a new client who apologizes profusely in our first meeting. They apologize their resume isn’t well done, and that many of the facts in it are incorrect.

I SWEAR

Language purist no fan of ‘dictionaried’ words

I am blessed to have as a regular reader one Kathy Young.

KAY'S COOKING CORNER

Is eating Phil really the answer to winter blues?

These past few weeks have me thinking that the renown, not-so-accurate Punxsutawney Phil of Gobbler’s Knob, Pennsylvania, was right – we do have six more weeks of winter. At least it’s looking that way outside today.

STATEWIDE

Latest Tennessee winter storm claims 3 lives

NASHVILLE (AP) - Emergency management officials say the latest winter storm has claimed three lives in Tennessee.

REAL ESTATE

Average US rate on 30-year mortgage drops to 3.75 percent

WASHINGTON (AP) — Average long-term mortgage rates have fallen for the first time in four weeks and remain near historic lows reached in May 2013.

NATIONAL/INTERNATIONAL BUSINESS

US stocks edge higher; Pharmacyclics jumps on AbbVie bid

NEW YORK (AP) — The stock market closed slightly higher on Thursday as gains for utilities and financial stocks were largely offset by losses in energy and materials companies.

Mayor to NYC business leaders: Start pay at $13 an hour

NEW YORK (AP) — Mayor Bill de Blasio, promoting his message of income equality and empowering the less fortunate, pressed influential New York City business leaders on Thursday to raise their workers' starting pay to $13 an hour.

Snuggie seller settles charges that it deceived customers

NEW YORK (AP) — The company behind the Snuggie, Perfect Bacon Bowl and other "As Seen on TV" products has agreed to pay $8 million to settle charges that it deceived customers.

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TNLedger.com Knoxville Editon
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 0 0 0
MORTGAGES 0 0 0
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 0 0 0
BANKRUPTCIES 0 0 0
BUSINESS LICENSES 0 0 0
UTILITY CONNECTIONS 0 0 0
MARRIAGE LICENSES 0 0 0