Jul
13
Nashville Office Portfolio Changes Hands for $25M
ByThe two assets amass 135,003 square feet and are predominantly leased to WEX Inc. and Parallon Business Solutions. Stan Johnson Co. arranged the transaction.
Stan Johnson Co. completed the sale of two office buildings in Nashville, Tenn., totaling 135,003 square feet. The buyer, a New-York-based boutique investment and asset management company, acquired the portfolio for $25 million from YTG Nashville LP. The sale closed in June.
“This deal represents the exponential recognition of Nashville as a premier investment market, and the increasing demand for high-quality office space therein,” said Britton Burdette, a director with Stan Johnson Co., in prepared remarks…
