Monday, May 30, 2016

HSA Commercial and Great Point Investors to Launch 652,000 SF Spec Industrial Development in Nashville, TN


Robert Smietana
ASHVILLE, TN — HSA Commercial Real Estate announced the firm has partnered with Boston-based Great Point Investors LLC to develop a 652,000-square-foot speculative industrial building at Commerce Farms Business Center in suburban Nashville, Tenn.

Located on 41 acres at the junction of State Route 840 and Highway 109 in Lebanon, Tenn., the distribution center will feature 32-foot clear heights, 116 truck docks, two drive-in doors and parking for 84 trailers and 257 cars.

The partnership is scheduled to break ground on the new industrial facility later this month, with delivery to tenants planned in the first quarter of 2017.

“For larger warehousing and logistics businesses requiring at least 200,000 square feet, the available inventory of well-located Class A industrial space in the Nashville market is virtually nonexistent,” said Robert Smietana, vice chairman and CEO of HSA Commercial.

“That’s why we believe the timing of this development, coupled with the modern building specifications – higher clear heights, ample truck docks and abundant trailer parking – should make the project very attractive for prospective tenants.”

For a complete copy of the company’s news release, please contact:

Abe Tekippe, atekippe@taylorjohnson.com, (312) 267-4528

Kim Manning, kmanning@taylorjohnson.com, (312) 267-4527

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