Q3 2021 Knoxville Market Report

The latest market report for Knoxville is now available. Highlights Include:

  • Metro Knoxville’s vacancy rate for the industrial market is at 1.4%, the lowest in the southeast region
  • Office market continues to soften with vacancy rate of 4.9%, and despite leasing activity from local and regional firms, it has not been enough to offset some sizable move-outs of late
  • The Retail market is moving back down thanks to the demolition of the vacant Knoxville Center Mall in Q2
  • The Multifamily market continues to recover form the pandemic with an occupancy rate at an all-time high with year over year growth of 13.8%

(Click image below to download report)

2021 Q3 Knoxville Market Report