KEY SELLING POINTS
- high-growth market based on population, jobs, qualify of life
- adjacent Nashville International Airport
- increased demand for space by business service industries
- high barriers to entry (i.e. rising land values and construction + financing costs)
- underserved market with SBLI space
- current average rent 20% below market
INVESTMENT STRATEGY
- complete exterior property upgrades
- align coterminous tenant expirations to divide larger spaces into smaller units
- execute leases to create SBLI tenant mix of 70% warehouse, 30% office at market rate
RESULTS (AS OF Q1 2026)
- 100% leased
- 2 leases
- rental rates 6% above proforma
- permitted Phase I construction
