{"id":1004103607,"date":"2014-09-11T06:00:22","date_gmt":"2014-09-11T14:00:22","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=290972"},"modified":"2022-12-06T02:12:13","modified_gmt":"2022-12-06T10:12:13","slug":"highwoods-properties-launches-59m-seven-springs-west","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/highwoods-properties-launches-59m-seven-springs-west\/","title":{"rendered":"Highwoods Properties Launches $59M Seven Springs West"},"content":{"rendered":"

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

\"\"<\/a>Raleigh, North Carolina-based Highwoods Properties, a publicly traded, fully integrated REIT, has announced it will be proceeding with the development of Seven Springs West, a 203,884-square-foot LEED-certified, multi-tenant office building. The seven-story Class A office tower will be developed in the sought-after Brentwood submarket, a best business district (BBD) of Nashville. The total cost of Seven Springs West will hover around the $59 million mark, which includes the project site, already owned by the company.<\/p>\n

Set to break ground in the fourth quarter of 2014, the development is expected to be completed in under two years, in the third quarter of 2016. The glass and precast building will feature structured parking, on-site management and maintenance and signage opportunities. Located \u00a0on the corner of Old Hickory Boulevard and Seven Springs Way, just off I-65, Highwoods\u2019 newest project will be part of the existing 333,000-square-foot Seven Springs development. Seven Springs is 95 percent leased and houses LifePoint\u2019s corporate headquarters and a 41,000-square-foot, fully leased retail amenity. Seven Springs West is currently 76 percent pre-leased, having signed a 154,000-square-foot lease agreement with the life insurance division of American International Group, Inc. According to the Nashville Business Journal<\/a><\/em>, AIG\u2019s expansion will create \u00a0200 new jobs over the course of three years. The same source reports that AIG has recently sold its existing campus in Davidson County to HCA for $65 million. <\/em><\/p>\n

The addition of Seven Springs West now brings Highwoods\u2019 development pipeline to 1.2 million square feet of 83 percent pre-leased space, representing an investment of $303 million.<\/p>\n

Rendering courtesy of Highwoods Properties<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Raleigh, North Carolina-based Highwoods Properties, a publicly traded, fully-integrated REIT has announced it will be proceeding with the development of Seven Spring West, a 203,884-square-foot LEED-certified, multi-tenant office building.<\/p>\n","protected":false},"author":49,"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":[],"class_list":["post-1004103607","post","type-post","status-publish","format-standard","hentry","category-nashville-knoxville","category-latest"],"acf":[],"yoast_head":"\nHighwoods Properties Launches $59M Seven Springs West - 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-properties-launches-59m-seven-springs-west\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Highwoods Properties Launches $59M Seven Springs West\" \/>\n<meta property=\"og:description\" content=\"Raleigh, North Carolina-based Highwoods Properties, a publicly traded, fully-integrated REIT has announced it will be proceeding with the development of Seven Spring West, a 203,884-square-foot LEED-certified, multi-tenant office building.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/highwoods-properties-launches-59m-seven-springs-west\/\" \/>\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=\"2014-09-11T14:00:22+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-06T10:12:13+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2014\/09\/Seven-Springs-West.jpg\" \/>\n<meta name=\"author\" content=\"Eliza Theiss\" \/>\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-properties-launches-59m-seven-springs-west\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/highwoods-properties-launches-59m-seven-springs-west\\\/\"},\"author\":{\"name\":\"Eliza Theiss\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/de1353a5de72f96494054df3ecca7de4\"},\"headline\":\"Highwoods Properties Launches $59M Seven Springs West\",\"datePublished\":\"2014-09-11T14:00:22+00:00\",\"dateModified\":\"2022-12-06T10:12:13+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/highwoods-properties-launches-59m-seven-springs-west\\\/\"},\"wordCount\":263,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/highwoods-properties-launches-59m-seven-springs-west\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/synd.yardi.com\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2014\\\/09\\\/Seven-Springs-West.jpg\",\"articleSection\":[\"Nashville - 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