{"id":1004144392,"date":"2016-05-20T02:17:51","date_gmt":"2016-05-20T10:17:51","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004144392"},"modified":"2020-05-13T00:46:40","modified_gmt":"2020-05-13T08:46:40","slug":"hsa-commercial-great-point-investors-to-develop-652-ksf-industrial-asset-in-nashville","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/hsa-commercial-great-point-investors-to-develop-652-ksf-industrial-asset-in-nashville\/","title":{"rendered":"HSA Commercial, Great Point Investors to Develop 652 KSF Industrial Asset in Nashville"},"content":{"rendered":"<p><em>By Adelina Osan, Associate Editor<\/em><\/p>\n<p><strong>Nashville, Tenn.<\/strong>\u2014<a href=\"https:\/\/www.hsacommercial.com\/\" rel=\"nofollow\" target=\"_blank\">HSA Commercial Real Estate<\/a> has partnered with Boston-based Great Point Investors LLC to develop a 652,000-square-foot industrial building at Commerce Farms Business Center in suburban Nashville, Tenn. The partnership plans to break ground on the new industrial facility later this month, with delivery to tenants scheduled for the first quarter of 2017.<\/p>\n<div id=\"attachment_1004144395\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/05\/Commerce-Farms-Spec-Rendering.jpg\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004144395\" data-attachment-id=\"1004144395\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/hsa-commercial-great-point-investors-to-develop-652-ksf-industrial-asset-in-nashville\/adobe-photoshop-pdf-2\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/05\/Commerce-Farms-Spec-Rendering.jpg\" data-orig-size=\"1500,746\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;kkluxdal&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;Adobe Photoshop PDF&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"Commerce Farms Spec Rendering\" data-image-description=\"&lt;p&gt;Commerce Farms Spec Rendering&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;Commerce Farms Spec Rendering&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/05\/Commerce-Farms-Spec-Rendering.jpg?w=1024\" class=\"wp-image-1004144395 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/05\/Commerce-Farms-Spec-Rendering.jpg\" alt=\"Commerce Farms Spec Rendering\" width=\"300\" height=\"149\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/05\/Commerce-Farms-Spec-Rendering.jpg 1500w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/05\/Commerce-Farms-Spec-Rendering.jpg?resize=300,149 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/05\/Commerce-Farms-Spec-Rendering.jpg?resize=768,382 768w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/05\/Commerce-Farms-Spec-Rendering.jpg?resize=1024,509 1024w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004144395\" class=\"wp-caption-text\">Commerce Farms Spec Rendering<\/p><\/div>\n<p>The new development sits on 41 acres at the junction of State Route 840 and Highway 109 in Lebanon, Tenn., and will feature 32-foot clear heights, 116 truck docks, two drive-in doors and parking for 84 trailers and 257 cars.<\/p>\n<p>\u201cFor larger warehousing and logistics businesses requiring at least 200,000 square feet, the available inventory of well-located Class A industrial space in the Nashville market is virtually nonexistent,\u201d <a href=\"https:\/\/www.commercialsearch.com\/news\/qa-with-bob-smietana-ceo-of-hsa-commercial-real-estate\/\" target=\"_blank\">Robert Smietana<\/a>, vice chairman &amp; CEO of HSA Commercial, said in prepared remarks. \u201cThat\u2019s why we believe the timing of this development, coupled with the modern building specifications \u2013 higher clear heights, ample truck docks and abundant trailer parking \u2013 should make the project very attractive for prospective tenants.\u201d<\/p>\n<p><a href=\"https:\/\/northstara.com\/\" rel=\"nofollow\" target=\"_blank\">NorthStar Real Estate Advisors <\/a>was selected to oversee the marketing and leasing of the distribution center, Chicago-based <a href=\"https:\/\/www.pdbgroup.com\/\" rel=\"nofollow\" target=\"_blank\">Premier Design + Build<\/a> will serve as the general contractor for the development and Harris Architects Inc. is the project\u2019s architect.<\/p>\n<p>Commerce Farms Business Center includes four previously developed warehouse buildings totaling more than 2 million square feet of industrial space, which is completely leased. The new distribution center will be located on the last available development site at Commerce Farms.<\/p>\n<p><em>Rendering courtesy of HSA Commercial Real Estate<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>HSA Commercial Real Estate and Great Point Investors will break ground on the new industrial facility later this month. <\/p>\n","protected":false},"author":735,"featured_media":1004144395,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21782,21748,13,36077,21742],"tags":[],"class_list":["post-1004144392","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-development","category-industrial","category-midwest","category-nashville-knoxville","category-latest"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>HSA Commercial, Great Point Investors to Develop 652 KSF Industrial Asset in Nashville - 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\/hsa-commercial-great-point-investors-to-develop-652-ksf-industrial-asset-in-nashville\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"HSA Commercial, Great Point Investors to Develop 652 KSF Industrial Asset in Nashville\" \/>\n<meta property=\"og:description\" content=\"HSA Commercial Real Estate and Great Point Investors will break ground on the new industrial facility later this month.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/hsa-commercial-great-point-investors-to-develop-652-ksf-industrial-asset-in-nashville\/\" \/>\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=\"2016-05-20T10:17:51+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-05-13T08:46:40+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/05\/Commerce-Farms-Spec-Rendering.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1500\" \/>\n\t<meta property=\"og:image:height\" content=\"746\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Adelina Osan\" \/>\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\\\/hsa-commercial-great-point-investors-to-develop-652-ksf-industrial-asset-in-nashville\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/hsa-commercial-great-point-investors-to-develop-652-ksf-industrial-asset-in-nashville\\\/\"},\"author\":{\"name\":\"Adelina Osan\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/423ceee57e2e9ef5e458c68f8a3aa615\"},\"headline\":\"HSA Commercial, Great Point Investors to Develop 652 KSF Industrial Asset in Nashville\",\"datePublished\":\"2016-05-20T10:17:51+00:00\",\"dateModified\":\"2020-05-13T08:46:40+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/hsa-commercial-great-point-investors-to-develop-652-ksf-industrial-asset-in-nashville\\\/\"},\"wordCount\":274,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/hsa-commercial-great-point-investors-to-develop-652-ksf-industrial-asset-in-nashville\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2016\\\/05\\\/Commerce-Farms-Spec-Rendering.jpg\",\"articleSection\":[\"Development\",\"Industrial\",\"Midwest\",\"Nashville - 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