July 29, 2016
San Francisco-based investment management company Stockbridge Capital Group has finalized the $160 million purchase of Corporate Centre at Cool Springs, Nashville Business Journal reports, and has tapped the Nashville office of Cushman & Wakefield to lease and manage it.
The announcement involving Cushman & Wakefield, made today in a release, follows Stockbridge Capital Group’s $44.5 million June acquisition of the Dover Centre in Brentwood.
Comprising five LEED-certified Class A office buildings (one of which is pictured above) spanning a collective 700,000 square feet, Corporate Centre is home to, among others, Aetna Life Insurance, Community Health Systems and Viacom. The seller was Spectrum | Emery.
Cushman & Wakefield Senior Managing Director Rob Lowe, Senior Vice President Robby Davis and Vice President Stewart Lyman will lead leasing efforts, while Managing Director Lynn Sugg and Senior Property Manager Elizabeth Wood will oversee the property management team.
“Corporate Centre is Nashville’s top master-planned suburban office campus, and we look forward to playing an integral role in its continued success,” Doug Brandon, Cushman & Wakefield Nashville Managing Principal, said in the release. “We are excited to establish a relationship with a quality firm like Stockbridge. We see this as an opportunity to work with them to enhance what’s already a great asset and maintain Corporate Centre’s rightful place as the top suburban business destination in one of the fastest growing markets in the U.S.”
Corporate Centre’s five buildings were opened between 1998 and 2001.