EverWest Real Estate Investors has completed its third industrial acquisition in the Nashville area since the start of the pandemic with the $19.5 million purchase of 2699 Highwood Boulevard, a fully occupied warehouse asset at the interchange of I-24 and Sam Ridley Parkway in Smyrna, Tennessee.
The 267,597-square-foot building is occupied by Goggin Warehousing LLC, which sold the property under a sale-leaseback agreement. Goggin will continue to fully occupy the building.
Max Smith and Zac Cypress from Colliers International brokered the transaction between EverWest and Hodges Investments.
The acquisition brings EverWest’s Nashville industrial footprint to almost 550,000 square feet. The company continues to seek industrial core, core-plus. value-add and development opportunities across the market.
Located in metro Nashville’s largest industrial submarket, the 2699 building features 30’ to 38’ clear height, large truck courts, high dock door count, a food-grade certified interior and building depths suitable for multi-tenant configurations. It is situated along I-24, providing immediate interstate access and signage benefits.