Highwoods Properties has sold Bridgestone Tower, a 513,000 square-foot office tower in the Nashville Central Business District (CBD), for $255 million.
The property is 100 percent leased and is projected to generate approximately $17 million of annual cash and generally accepted accounting principles (GAAP) net operating income in 2026.
The company expects to record a non-funds from operations (FFO) gain of approximately $75 million in second quarter 2026 in connection with this sale.
Eastdil Secured advised the seller on this transaction.
