{"id":1004057004,"date":"2013-01-02T09:28:55","date_gmt":"2013-01-02T17:28:55","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=90498"},"modified":"2022-12-08T23:58:30","modified_gmt":"2022-12-09T07:58:30","slug":"new-one-nashville-tenant-brings-occupancy-to-99-percent","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/new-one-nashville-tenant-brings-occupancy-to-99-percent\/","title":{"rendered":"New One Nashville Tenant Brings Occupancy to 99 Percent"},"content":{"rendered":"

By Eliza Theiss, Associate Editor<\/em><\/p>\n

One Nashville Place, one of Music City\u2019s most attractive office towers, has landed a new tenant bringing its overall occupancy to 99 percent. Daymark Realty Advisors has announced signing leading financial institution Region Bank for a 12.5-year lease at the downtown business districts skyscraper. Region Bank will occupy 100,000 square feet at the Class A office tower which will contain Regions\u2019 Mid-American region and Middle Tennessee area headquarters; 225 employees will be housed at the new location. The Nashville Business Journal<\/a> <\/em>recently reported that the move is expected to take place by the end of Q2 2012. Regions currently leases 250,000 square feet in the 28-story Regions Center at 315 Deaderick Street, but it utilizes around half of that space. Regions\u2019 move was made possible by U.S. Bank\u2019s expected move to the nearby 33-floor AT&T building.\"\"<\/a><\/p>\n

\u201cWe could not be more pleased to have a firm of Regions\u2019 sound reputation and high caliber business joining the One Nashville Place community,\u201d declared Mike Waddell, executive vice president, asset management, for Daymark. \u201cWe developed a great working relationship with the Regions Bank team during lease negotiations and achieved an agreement that will benefit both parties for many years to come\u201d added Waddell.<\/p>\n

Santa Ana, Calif.-based Daymark Realty Advisors manages One Nashville Place on behalf of an investment group comprised of individual owners. The 25-story office tower at 150 Fourth Avenue North is Nashville\u2019s ninth tallest tower at 359 feet. Completed in 1985 and designed by Morris Architects, the property is in a postmodern style and has an octagonal plan, dark reflective glass fa\u00e7ade and mansard roof, earning it the nickname R2D2, after the Star Wars movie character. The property features 393,000 square feet of rentable space. Onsite amenities include 24-hour security, on-site banking, on-site building management, FedEx, DHL, and UPS Drop Boxes, computerized energy management security that \"\"<\/a>lowers energy costs, and a building conference center with seating for 75, outfitted with a catering kitchen. The property boasts state-of-the-art communications and building electronics, such as a technologically advanced telecommunication system and fiber optic data connections.<\/p>\n

Click here<\/a> for more Nashville market data<\/em><\/p>\n

Photo courtesy of Kaldari via Wikimedia Commons<\/em><\/p>\n

Chart courtesy of CBRE<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

One Nashville Place, one of Music City’s most attractive office towers has landed a new tenant bringing its overall occupancy to 99 percent. Daymark Realty Advisors has announced signing leading financial institution Region Bank for a 12.5-year lease at the downtown business districts skyscraper.<\/p>\n","protected":false},"author":59,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[36077,21742],"tags":[1815],"class_list":["post-1004057004","post","type-post","status-publish","format-standard","hentry","category-nashville-knoxville","category-latest","tag-national"],"acf":[],"yoast_head":"\nNew One Nashville Tenant Brings Occupancy to 99 Percent - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/new-one-nashville-tenant-brings-occupancy-to-99-percent\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"New One Nashville Tenant Brings Occupancy to 99 Percent\" \/>\n<meta property=\"og:description\" content=\"One Nashville Place, one of Music City’s most attractive office towers has landed a new tenant bringing its overall occupancy to 99 percent. 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