Nov
29
Griffin Closes Nashville’s Top 2017 Office Deal
ByGriffin Capital sold One Century Place to an entity owned by Syed Shamim of Bahrain. Transwestern will continue as property manager for the Class A building, which comprises more than 530,000 square feet.
In the largest office transaction this year in Nashville, Tenn., One Century Place, an eight-story, 538,790-square-foot, Class A office building, changed hands for $100 million. Griffin Capital Co. sold the asset to an entity owned by Syed Shamim of Bahrain.
Transwestern, which expanded into Nashville during the summer, will continue as manager for the property at 26 Century Blvd. The firm had been retained in July by Griffin Capital. At the time, Transwestern also announced it was building a team in Nashville to handle the property and meet the growing demand for real estate advisory services in the market…
