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| Tyler Williams |
NASHVILLE, TN – EverWest Real Estate Investors has
completed its third metro Nashville industrial acquisition since the start of
the pandemic with the $19.5 million purchase of 2699 Highwood Boulevard, a
fully occupied warehouse asset at the interchange of I-24 and Sam Ridley
Parkway in Smyrna, Tennessee.
The 267,597-square-foot
building is occupied by Goggin Warehousing LLC, who sold the property under a
sale-leaseback agreement. Goggin will continue to fully occupy the building.
Max Smith and Zac Cypress
from Colliers International brokered the transaction between EverWest and
Hodges Investments.
 |
| Max Smith |
The acquisition brings EverWest’s Nashville industrial
footprint to almost 550,000 square feet. The company continues to seek
industrial core, core-plus. value-add and development opportunities across the
market.
“Nashville, and particularly the La Vergne – Smyrna corridor
of I-24, is under tight industrial supply constraints, which has accelerated
rent growth,” said EverWest Director of Southeast Acquisitions Tyler
Williams.
“This asset allowed EverWest to acquire a well-maintained
and highly functional industrial building with an interstate-fronting location,
which is a timeless logistical advantage.”
 |
| Zac Cypress |
Located in metro Nashville’s largest industrial submarket,
the 2699 building features 30’ to 38’ clear height, large truck courts, high
dock door count, a food-grade certified interior and building depths suitable
for multi-tenant configurations.
It is situated along
I-24, providing immediate interstate access and signage benefits.
About EverWest Real Estate Investors LLC
EverWest Real Estate Investors LLC is a real estate
investment advisor providing investment management services throughout the U.S.
including acquisitions, asset management, development and property management
for our investors.
 |
2699 Highwood Boulevard, a fully occupied warehouse
asset at the interchange of I-24 and Sam Ridley
Parkway in Smyrna, TN |
EverWest has $3.6
billion in assets under management as of second quarter 2021.
The firm’s clients
invest through separately managed accounts and commingled funds.
EverWest is headquartered in Denver with regional investment
offices in New York City, Charlotte, Los Angeles and San Francisco metro areas.
EverWest is a wholly owned subsidiary of Canada-based GWL
Realty Advisors.
CONTACT:
Stacey
Hershauer
focusAZ
P 480.600.0195
www.focusaz.com
www.everwest.com or www.gwlra.com
