Monday, September 14, 2009

Incubator or Suites?

XMi Commercial Real Estate is developing MidTown Office Suites at 1900 Church Street. NashvillePost.com today described the facility as an incubator. XMi Affiliate Broker Cheryl Gunn told VNC this afternoon the facility is essentially "office suites," but it could eventually function as an incubator, particularly if professionals needed by startups become tenants. Weak demand for office space in the central business district may free-up more space for startups whose management teams are finding good deals on subleases throughout Middle Tennessee. Related story on Nashville Business Incubation Center here. The photo at left shows a Soap Box Derby racer in Portland, Ore., made in the form of an office cubicle. Gotta hand it to those Portlanders.

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