A Cool Springs apartment property has sold for $100 million, more than twice the figure for which it last changed hands roughly eight years ago.
The new owner of Viera Cool Springs is Royal Oaks Fee Owner, an affiliate of Los Angeles-based real estate investment firm TruAmerica Multifamily. The seller was Viera Holdings LLC, an affiliate of Miami-based Lindemann Multifamily Management. Led by George Lindemann and Jud Laird, the LLC paid $44 million for the property in 2013, according to Williamson County property records.
Located at
300 N. Royal Oaks Blvd. at that road s intersection with Liberty Pike, Viera Cool Springs opened in 1986 and comprises multiple two-story buildings with a collective 468 residences. As such, the transaction is the equivalent of almost $214,000 per unit.
Adams and Reese moving offices to Broadwest development in Midtown - Nashville Business Journal bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.
Photo courtesy of Mark Hollingsworth
The Nashville office of law firm Adams and Reese has announced that it is moving to the office tower of West End Avenue development Broadwest at the end of next year.
The firm currently operates out of the Fifth Third Center downtown.
Adams and Reese is leasing more than 25,000 square feet on the 14th floor of the 21-story Midtown tower, according to a release.
The $540 million Broadwest development (which will also include a tower with hotel and high-end residential space) will welcome its first tenants in March; Adams and Reese is planning to make the move in the fourth quarter of 2021.