CBRE Investment Management Acquires Mixed-Use Development Sylvan Supply in Nashville

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Sylvan Supply comprises approximately 158,000 square feet of creative office space and 36,000 square feet of retail space.

NASHVILLE, TENN. – CBRE Investment Management, on behalf of Strategic Partners US Value 9 fund, has acquired Sylvan Supply, an eight-building, 193,663-square-foot mixed-use development in Nashville. The sellers are the promoters of the project: FCP and Third & Urban. The selling price has not been disclosed.

Originally built in 1959, Sylvan Supply was officially used as a specialty lumber sawmill. Between 2018 and 2020, the site was redeveloped by FCP and Third & Urban. Today, the property includes approximately 158,000 square feet of creative office space and 36,000 square feet of retail space.

The property was 61% leased at the time of the sale to five restaurants and various other retail tenants, including a brasserie, fitness studio and salon. In addition to creative office space, Sylvan Supply offers common space, WiFi, and plenty of outdoor seating for retail and dining, in addition to private patios for office tenants. The site offers abundant parking for tenants and visitors. Located at 4101 Charlotte Ave. on a 7.8 acre site, Sylvan Supply is located less than four miles from downtown Nashville.

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