{"id":1004094874,"date":"2014-04-16T12:09:45","date_gmt":"2014-04-16T20:09:45","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=255414"},"modified":"2022-12-08T20:17:51","modified_gmt":"2022-12-09T04:17:51","slug":"highwoods-inks-91ksf-lease-in-brentwood","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/highwoods-inks-91ksf-lease-in-brentwood\/","title":{"rendered":"Highwoods Inks 91KSF Lease in Brentwood"},"content":{"rendered":"

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

\"\"<\/a>Raleigh, NC-based Highwoods Properties has signed a 91,000-square-foot long-term lease at Highwoods Plaza II in Nashville with a current customer. The lease represents a 32,000-square-foot net expansion for the undisclosed customer, while also accessing an additional ten years of lease term.<\/p>\n

The space was part of LifePoint Hopsitals\u2019 recently vacated offices at Highwoods Plaza II. This latest lease, paired with another recently secured contract for 13,000 square feet, leaves 29 percent of LifePoint\u2019s previous square footage vacant. According to a news release, Highwoods is in negotiations for the remaining 43,000 square feet of space.<\/p>\n

In February 2014 LifePoint relocated its operations from Highwoods Plaza II to a seven-story Class A built-to-suit office tower at The Shops at Seven Springs. LifePoint\u2019s new 203,000-square-foot home was developed and is owned by Highwoods.<\/p>\n

Located in the Maryland Farms Office Park in Nashville\u2019s Brentwood submarket, Highwoods Plaza II comprises 102,121 square feet of space across four floors. Built in 1997, the property is ENERGY Star certified and boasts several more eco-conscious features, such as high-efficiency lighting and HVAC drives, green cleaning and a recycling \"\"<\/a>program.<\/p>\n

“Nashville continues to be one of our best performing markets,\u201d President and CEO of Highwoods Properties Ed Fritsch commented, adding, \u201cThe Brentwood submarket, where Highwoods Plaza II is located, is very strong, with vacancy of 6% at March 31.\u201d<\/p>\n

Although Colliers International<\/em><\/a>\u2019s data is slightly more conservative, it still reports a healthy 6.7 percent vacancy rate for the submarket, the fifth lowest within metro Nashville. Brentwood\u2019s average asking rent rate of $23.25 per square foot is the fourth highest within the market.<\/p>\n

Image courtesy of Highwoods Properties<\/em><\/p>\n

Chart via Colliers International<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Raleigh, NC-based Highwoods Properties has announced signing a 91,000-square-foot long-term lease at Highwoods Plaza II in Nashville with a current customer.<\/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-1004094874","post","type-post","status-publish","format-standard","hentry","category-nashville-knoxville","category-latest","tag-national"],"acf":[],"yoast_head":"\nHighwoods Inks 91KSF Lease in Brentwood - 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\/highwoods-inks-91ksf-lease-in-brentwood\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Highwoods Inks 91KSF Lease in Brentwood\" \/>\n<meta property=\"og:description\" content=\"Raleigh, NC-based Highwoods Properties has announced signing a 91,000-square-foot long-term lease at Highwoods Plaza II in Nashville with a current customer.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/highwoods-inks-91ksf-lease-in-brentwood\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2014-04-16T20:09:45+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-09T04:17:51+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2014\/04\/Highwoods-Plaza-II.jpg\" \/>\n<meta name=\"author\" content=\"Robert Demeter\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/highwoods-inks-91ksf-lease-in-brentwood\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/highwoods-inks-91ksf-lease-in-brentwood\\\/\"},\"author\":{\"name\":\"Robert Demeter\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/1b890baecdbd25af52e3a730ac8cff6f\"},\"headline\":\"Highwoods Inks 91KSF Lease in Brentwood\",\"datePublished\":\"2014-04-16T20:09:45+00:00\",\"dateModified\":\"2022-12-09T04:17:51+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/highwoods-inks-91ksf-lease-in-brentwood\\\/\"},\"wordCount\":278,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/highwoods-inks-91ksf-lease-in-brentwood\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/synd.yardi.com\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2014\\\/04\\\/Highwoods-Plaza-II.jpg\",\"keywords\":[\"National\"],\"articleSection\":[\"Nashville - 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