{"id":1004337623,"date":"2019-07-11T04:41:02","date_gmt":"2019-07-11T12:41:02","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004337623"},"modified":"2021-05-15T04:58:27","modified_gmt":"2021-05-15T12:58:27","slug":"music-city-office-opens-doors","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/music-city-office-opens-doors\/","title":{"rendered":"Music City Office Opens Doors"},"content":{"rendered":"
\"Rendering<\/a>

One Music Circle South. Rendering courtesy of Colliers International<\/em><\/p><\/div>\n

Panattoni Development has completed work on One Music Circle South, a 107,840-square-foot Class A office property in Nashville, Tenn., according to Yardi Matrix. Fifth Third Bank financed the project with a $20.9 million construction loan which matures in July 2020.<\/p>\n

Located in Nashville\u2019s Music Row, the five-story property is just south of The Gulch and within a mile of the central business district. The site was formerly home to the Country Music Association\u2019s headquarters until its relocation in 2016. Panattoni demolished the single-story building in summer 2017, breaking ground on the new structure immediately after.<\/p>\n

Before construction began, record producer BMG signed a full-floor lease to anchor the development<\/a>. The Tuck-Hinton Architects-designed building has a wide range of amenities, including bicycle storage, subterranean parking and a terrace on the top floor. Colliers is handling property management as well as leasing for the asset, with the firm\u2019s Doug Ryan, Janet Sterchi and Nikko Sansone marketing the asset to tenants.<\/p>\n

Nashville\u2019s office market has been picking up steam this cycle, with several major employers\u2014including Amazon, Mitsubishi Motors and AllianceBernstein\u2014announcing relocation or expansion plans<\/a> in the area. Office construction has boomed, with Yardi Matrix reporting 5.3 million square feet under construction, equaling more than 10 percent of existing stock, second only to Brooklyn among major U.S. metros.<\/p>\n","protected":false},"excerpt":{"rendered":"

Panattoni Development demolished the Country Music Association\u2019s former headquarters in 2017 and replaced it with a 107,840-square-foot Class A office.<\/p>\n","protected":false},"author":861,"featured_media":1004337650,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21782,13,36077,21742,21747],"tags":[32763,39317,33837,36584],"class_list":["post-1004337623","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-development","category-midwest","category-nashville-knoxville","category-latest","category-office","tag-colliers-international","tag-fifth-third-bank","tag-panattoni-development-company","tag-tuck-hinton-architects"],"acf":[],"yoast_head":"\nMusic City Office Opens Doors - 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\/music-city-office-opens-doors\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Music City Office Opens Doors\" \/>\n<meta property=\"og:description\" content=\"Panattoni Development demolished the Country Music Association\u2019s former headquarters in 2017 and replaced it with a 107,840-square-foot Class A office.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/music-city-office-opens-doors\/\" \/>\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=\"2019-07-11T12:41:02+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-05-15T12:58:27+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/07\/One-Music-Circle-South.-Image-courtesy-of-Colliers-International.png\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"620\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Jeff Hamann\" \/>\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\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/music-city-office-opens-doors\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/music-city-office-opens-doors\/\",\"name\":\"Music City Office Opens Doors - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/music-city-office-opens-doors\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/music-city-office-opens-doors\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/07\/One-Music-Circle-South.-Image-courtesy-of-Colliers-International.png\",\"datePublished\":\"2019-07-11T12:41:02+00:00\",\"dateModified\":\"2021-05-15T12:58:27+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/9dada606742ec2aa010683bdabf468f4\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/music-city-office-opens-doors\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/music-city-office-opens-doors\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/music-city-office-opens-doors\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/07\/One-Music-Circle-South.-Image-courtesy-of-Colliers-International.png\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/07\/One-Music-Circle-South.-Image-courtesy-of-Colliers-International.png\",\"width\":800,\"height\":620,\"caption\":\"One Music Circle South. 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