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Stock impact report

Nashville companies seek luxury offices outside downtown as workers return to the office [Yahoo! Finance]

Pinnacle Financial Partners, Inc. (PNFP) 
Last pinnacle financial partners, inc. earnings: 4/20 06:00 pm Check Earnings Report
Company Research Source: Yahoo! Finance
We all observe the ever-expanding skyline of towers — including those filled with offices — with awe. But many older high-rises in Nashville's central business district have faltered since remote work policies took hold during the COVID-19 pandemic. Nashville Downtown Partnership said about 15% of offices in the city sit empty. While many older buildings are struggling to find tenants, luxury offices in trendy neighborhoods surrounding downtown are in high demand. Among other things, Davis writes about Pinnacle Financial Partners' move from its building two blocks from Lower Broadway to new headquarters in the Gulch's Nashville Yards district. "It looks to me the business district is moving west," Pinnacle CEO Terry Turner told Davis. Pinnacle isn't the only company relocating out of the heart of Nashville's frenetic tourism scene, she writes. Upscale offices are flourishing in The Gulch, Germantown, Wedgewood Houston and Midtown, where employers are snatching up Class A offi Show less Read more
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