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Transactions - NOVEMBER 5, 2021

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Barings, Hines forms JV for 2.7msf for Nashville mixed-use project

by Released

Barings and Hines form a joint-venture partnership to acquire the Reed District site in Nashville for the future development of a 2.7-million-square-foot, multi-phased, mixed-use project.

Reed District represents a distinctive investment opportunity to transform a 12-acre gateway site in Midtown Nashville into a locally focused, mixed-use destination with music, art, food, and entertainment-oriented uses. The project will draw from the historic character of the Coca-Cola building, converting the approximately 100-year-old structure into a modern retail and creative office hub and developing high-rise office, apartment, hospitality, lifestyle and essential services, all within an infill setting located in the path of Nashville's continuing urban renaissance.

Phase I of the Reed District will total more than 800,000 square feet, with construction planned to begin second quarter 2023 and will include the ground-up development of a 300-unit apartment building, 300,000-squa

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