Welcome to Nashville Commercial Real Estate News
Hi, This is David Huddleston. I have been a real estate broker or consultant for the sale or purchase of over 9 million SF of office, retail and industrial buildings, and 2,400 acres of development land. I have closed over 200 sales, supervised the development of commercial land tracts for clients, and have been hired as an expert witness to represent clients in three lawsuits (my clients won, by the way). I was previously with a national firm where I was recognized as one of the top brokers nationwide. I have been in the business since 1985 and most of my business is from referrals. Before I got into the commercial real estate business I was a city planner and I have found that background to be helpful in understanding growth, demographics and development.
I stopped writing a newsletter in May 2007 when deals were happening that seemed absolutely crazy and in hindsight definitely were. The recession officially started in December 2007, the stock market started a big drop in September 2008 (Lehman filed Chapter 11 on September 15, 2008), the Dow hit bottom on March 9, 2009 at 6,440, and we all suffered through the recession.
The Nashville area usually goes into a recession later than the rest of the nation and comes out a little faster. Like most metropolitan areas, some parts are deteriorating and other parts are growing. I have done this for so long that I can mentally see the streetscape and discuss every area and every major street in Nashville, Rutherford, Williamson and Sumner counties. I have sold 46 shopping centers, 22 office and office/warehouse properties, and 4 bulk warehouses in 13 states. My database contains over 10,000 contacts all over the U.S.
If you want to talk about the Nashville commercial real estate market, growth drivers and trends, job creation, hot spots, the safest places to invest, etc., or to just catch up, call me at (615) 310-2547. I am knowledgeable about retail, office, industrial, multi-family, and land in general. I know that is a lot, but look at my resume and you will understand – I have done a lot of business over 30 years. I keep a file on commercial real estate news in Nashville, Brentwood, Franklin, Murfreesboro, Hendersonville, and the Middle Tennessee area, so if you want to talk, call me.
At this time I am focusing on small commercial properties in the $1 to $10 million range and what I call “development land brokerage”. I have personally developed land and during the past 30 years I have sold over 2,000 acres of land to developers and end users. I understand BOTH the market AND the way a developer looks at land in terms of location, demographics, zoning (allowed uses, setbacks, open space requirements, etc.), utilities, visibility, ingress/egress, drainage, topography, environmental issues, flood plain, impact and water/sewer tap fees, soils and geotechnical, etc. I know how to sell commercial real estate and what a buyer looks for.
I am glad to give you references. I want you to check me out and ask questions. It takes a lot of hard work and skill to complete as many transactions as I have. I enjoy working with people who are professional, financially capable, work hard, are serious and want to get their deals done. I will work on either a commission basis or a retainer. I’m much better at this now than I was 20 years ago or even 10 years ago. Over the years I have worked on hundreds of different properties. I have access to most of the important people in commercial real estate in Nashville.