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Transactions - OCTOBER 24, 2023

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Brennan acquires 75,000 sf distribution building in Nashville

by RELEASED

Brennan Investment Group announced the acquisition of a 75,000-square-foot distribution building located at 565 Brick Church Park Drive in Nashville. The property is situated on a 5.3-acre site and is fully leased to AllParts Medical, a division of Philips Healthcare. AllParts Medical uses the facility to stock, test, repair and distribute more than 60,000 replacement parts used in high-end medical tools throughout the United States, including x-ray, CT scanning, ultrasound, mammography and MRI equipment.

AllParts Medical was founded in 2006 in Nashville and was later acquired by parent company Philips in 2011.

The property was constructed in 1996 and renovated in 2019. The building has two means of ingress and egress, a 135-foot-deep truck court, up to 24-foot clear ceiling heights, full-warehouse LED lighting, full-building climate control and 12,500 square feet of newly renovated office space.

The infill property is located five miles north of downtown Nashvi

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