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Transactions - APRIL 26, 2022

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Pension fund acquires 605,000sf class A office tower in Nashville

by Released

KBS has acquired UBS Tower, a 29-story, 605,000-square-foot class A office building located at 315 Deaderick Street in Nashville, on behalf of a large pension fund.

“With a population quickly approaching 2 million, Nashville is a vital business, tourism and transportation center,” said Marc DeLuca, CEO and Eastern regional president at KBS. “Nashville boasts a thriving economy that is predicted to see a 3.9 percent growth in employment in 2022. This activity creates numerous office-using jobs and significantly increases the rental growth

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