Skip to content
Homepage
  • Market
    • Illinois
    • Illinois
    • Indiana
    • Iowa
    • Kansas
    • Kentucky
    • Michigan
    • Midwest
    • Minnesota
    • Missouri
    • N Dakota
    • National
    • Nebraska
    • Ohio
    • S Dakota
    • Tennessee
    • Texas
    • Wisconsin
  • Events
  • Sector
    • CRE
    • Finance
    • Healthcare
    • Hospitality
    • Industrial
    • Legal
    • Multifamily
    • Net Lease
    • Office
    • Retail
    • section
    • Seniors Housing
    • Student Housing
  • Real Estate Awards
  • Subscribe
  • Publications
TennesseeIndustrialMultifamily

Matthews completes 1031 exchange of Nashville properties

March 13, 2023
Share on Facebook Share on Twitter Share on LinkedIn Share via email
default

Matthews Real Estate Investment Services completed a 1031 Exchange of Nashville Edge Apartments into two industrial properties at 4027 Murfreesboro Pike in Antioch, Tennessee, and 2818 Whites Creek Pike in Nashville.

The industrial properties sold for a combined total of nearly $7 million. Associate Austin Tomaiko and Associate Vice President Austin Graham represented the buyer, while Senior Associate Jay Reeves and Vice President Harrison Auerbach represented both sellers of the upleg assets.  

The 1031 Exchange buyer, a Nashville private owner, wanted to capitalize on the market and exchange into an income-producing asset that increased cash flow and required less management than multifamily. Nashville Edge Apartments originally sold in late 2022. From there, Tomaiko and Graham used Matthews proprietary shared database to present potential upleg investments.

Tags
MatthewsNashville
" "

Subscribe

Subscribe to our email list to read all news first.

Subscribe
Related Articles
IllinoisCRE

PREMIER Design + Build Group names Michael Power, Jr.  as chief financial officer

March 31, 2023
IllinoisIndustrial

ML Realty Partners completes 638,973 square feet of industrial lease transactions around Chicagoland

March 31, 2023
TexasCRE

Gensler shares two personnel announcements for Houston office

March 31, 2023
MinnesotaFinance

Minneapolis’ Colliers Mortgage adds VP to staff

March 31, 2023

Subscribe

Subscribe to our email list to read all news first.

Subscribe
REJournals logo

Market

  • Illinois
  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Michigan
  • Midwest
  • Minnesota
  • Missouri
  • N Dakota
  • National
  • Nebraska
  • Ohio
  • S Dakota
  • Tennessee
  • Texas
  • Wisconsin

Sector

  • CRE
  • Finance
  • Healthcare
  • Hospitality
  • Industrial
  • Legal
  • Multifamily
  • Net Lease
  • Office
  • Retail
  • section
  • Seniors Housing
  • Student Housing

Subscribe

Subscribe to our email list to read all news first.

Subscribe
  • Contact Us
  • Events
  • Office Locations
  • Advertise
© 2023 REjournals.com