Cushman & Wakefield’s National Industrial Advisory Group is pleased to offer the opportunity to acquire the Nashville Logistics Portfolio (the “Portfolio”), a premier collection of three newly constructed rear-load logistics facilities totaling 415,400 SF located in Nashville’s top performing East & Southeast submarkets. Strategically located in close proximity to full diamond I-24 and I-840 interchanges, the Portfolio enjoys distinguished infill locations within their respective submarkets in the heart of metro-Nashville providing unmatched access to Nashville’s major transportation arteries, demand drivers, and rapidly growing metro population of over two million residents.
Currently 100% leased to three full building users with 5.6 years of weighted average lease term remaining and in-place rents currently 31% below market, Nashville Logistics Portfolio provides investors secure cash flow with significant future upside through mark-to-market opportunities upon lease expirations at Nashville’s rapidly increasing overall asking rents, which have increased a staggering 73% since 2019. Further, the Portfolio offers a rare stabilized critical mass of irreplaceable properties in Nashville’s tightest, and most centrally located submarkets, positioning the assets for favorable long-term growth dynamics and sustained high levels of occupancy.