Home » Finance & Investment » Investors » Investors Buy Nashville Portfolio

Investors Buy Nashville Portfolio

Nov 20, 2007 5:08 PM

Article Tools

Latest News

More Latest News

Most Popular Articles

More Popular Articles

Issue Archive

Issue Archive

KBS Real Estate Investment Trust (KBS REIT) has spent $53.5 million to acquire a six-building Nashville portfolio.

The 551,184 sq. ft. flex industrial and office portfolio is located in Nashville/Davidson County.  The entire portfolio is 97.5% leased to 36 tenants. Major tenants include CVS/Caremark, Quest Diagnostics, Caterpillar, Nashville Metro Government, Mercantile Properties Inc., Southwestern Telecom and GSA.

“The Nashville Flex Portfolio is an ideal acquisition for KBS REIT because of the strong tenant diversity in well-located, institutional quality properties,” says Chuck Lindwall, regional president with KBS Capital Advisors. “There is [also] limited flex development of this nature in Nashville.”


Acceptable Use Policy
blog comments powered by Disqus

Want to use this article? Click here for options!
© 2009 Penton Media Inc.

Nrei Interactive Products

  • Green Shoots

    Commercial Real Estate's Green Building Blog

    Get latest news, data and analysis of the rapidly evolving commercial real estate green building industry. Gain insight on green leases, valuations, financing, and government regulations and incentives for new and existing buildings.

    Green Shoots Blog

  • The Alter Group

    Larry Armstrong on Architecture in a Recession

    Larry Armstrong, President, Ware Malcomb, an international architecture firm, says that in times of recession, survival is dependant on having a strong strategic plan in place and creating functional work vs. extravagent projects to meet clients' needs...

  • The Alter Group

    Charles Krawitz on the Credit Crisis

    Charles Krawitz, Senior Loan Sales Asset Manager of Fifth Third Bank, discusses the current state of the small to medium sized loan and the general capital markets. Topics include tapping Freddie and Fannie loans, and the government expanding their credit facility via the SBA.

    Full text article for this podcast

  • White Paper

    2009 Real Estate Investment Outlook

    National Real Estate Investor and Marcus Millichap
    2009 Real Estate Investment Outlook...

  • On-Demand Webinar

    Reinventing Space

    This Webcast looks at tips for how empty space can be used in a way that generates foot traffic and cash flow. We explore strategies and incorporate real-life examples of what some creative owners and retailers have done to weather the weak retail environment and keep dark space from harming healthy retailers that are operating.

Marketplace Ads

Featured Columns