By Adelina Osan, Associate Editor
OakPoint Real Estate acquired a 165,000-square-foot office property in the southeast area of Nashville. Called Airport Executive Plaza, the eight-story building sold for $12 million, according to the Nashville Business Journal.
Located at 1321 Murfreesboro Pike, the property offers easy access to the Nashville International Airport, the downtown central business district and several local attractions. The 28-year-old building is one of the tallest office towers outside of the downtown and midtown parts of Davidson County.
Airport Plaza LLC is the former owner of Airport Executive Plaza, which was 86 percent occupied at the time of sale, with rents reaching $17 per square foot.
The Nashville-based OakPoint Real Estate firm offers expertise in corporate advisory, acquisition/disposition and leasing, as well as management. The company’s portfolio reaches more than $2 billion in completed transactions for clients and more than $500 million of principal transactions.
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