In one of Nashville's biggest CRE transactions ever, Northwood Investors has purchased the retail, residential and entertainment hub Fifth + Broadway for $715M from Brookfield Properties.
The transaction was financed by Pacific Life.
Fifth + Broadway, recently developed and operated by Brookfield on the 6.2-acre Nashville Convention Center site, includes the 367K SF 501 Commerce office tower, 381 apartment units in a residential campus known as The Place, and 250K SF of retail and entertainment space, as well as parking for 2,000 vehicles.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
