Brennan Investment Group announced the acquisition of two distribution facilities totaling 221,000 square feet located at 5006 Harding Place in Nashville. The two buildings are fully leased to seven tenants. The infill property is located seven miles southeast of downtown Nashville, two miles from Nashville International Airport and less than one mile from Interstate 24. This location provides convenient access to Nashville's three major Interstate routes.
"This investment fits Brennan's strategy to acquire functional assets in high-growth, land-constrained markets throughout the United States," said Andrew Mazey, vice-president for the Nashville region at Brennan. "Nashville was the fourth fastest-growing MSA in the country over the last 12 years, and we expect this growth trend to continue. Nashville's high barriers for infill industrial development will accentuate Harding Place's last-mile advantage and should ensure strong operational performance for this asset."
