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TennesseeIndustrial

Avison Young closes $11.75 million industrial sale near Nashville

September 1, 2020
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Avison Young closed the sale of 2910 Old Franklin Road in Antioch, Tennessee, for $11.75 million to Old Franklin Road.

The disposition team at Avison Young led by Terry Smith and Sue Earnest represented American General Life Insurance Company, a division of AIG, in this transaction.

The property is located near all of Nashville’s interstates, major arteries and downtown Nashville. A 142,400-square-foot facility sits on the 11.54-acre site. An additional 75,000-square-foot pad is planned by the buyers for expansion.

The property boasts dedicated temperature and humidity-controlled operations, having been built in 1989 to house insurance records and the operations personnel for the Houston-based firm.

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