LBX Investments has paid $54.3 million for a 134,113-square-foot retail and mixed-use portfolio in Nashville. Vintage South Development was the seller.
Commercial Search reports the properties include Breeze Block, a 39,452-square-foot retail center at 6100-6110 Robertson Ave., and Stateline, a mixed-use asset totaling 94,661 square feet at 5300 Centennial Blvd. They are 2 miles of each other.
Breeze Block is a two-building shopping center comprising retail, restaurant, wellness and creative office spaces. Originally built in 1970 as an industrial facility, the property was converted to retail use and expanded to its current size in 2023.
Stateline is also the result of an adaptive reuse project that transformed an old warehouse into a two-level structure with 70,000 square feet of office space and first-floor retail. The building is leased by a mix of fitness, medical, wellness and service-oriented tenants.
JLL’s Richard Reid, Jim Hamilton and Brad Buchanan negotiated on behalf of the seller.
The post Vintage South Trades Nashville Mixed-Use Portfolio for $54.3M appeared first on Connect CRE.
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