Stos Partners Pays $26M for Nashville Warehouse
Stos Partners acquired 640 Massman Drive, a 169,855-square-foot Class B industrial warehouse in Nashville’s Airport industrial submarket, for $26 million. The seller, Sagard Real Estate, paid $12 million for the 8.45-acre property in 2020.
Stos Partners acquired 640 Massman Drive, a 169,855-square-foot Class B industrial warehouse in Nashville’s Airport industrial submarket, for $26 million. The seller, Sagard Real Estate, paid $12 million for the 8.45-acre property in 2020. JLL arranged $15 million in acquisition financing. The infill property is currently 100% leased to a single tenant. Stos Partners plans...
Source
- Connect CREconnectcre.com
