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markhollin

ONE22ONE, 25 stories, 356', 357,000 sq. ft. office space, 6,700 q. ft. ground floor retail

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41 minutes ago, markhollin said:

More info:

- The real estate arm of Koch Industries is now an investor in the project.

- Mack Real Estate Group out of NYC is providing a $141.1 million construction loan.

- GBT has confirmed a singed lease with an unidentified anchor tenant.

More behind the NBJ paywall here:

https://www.bizjournals.com/nashville/news/2020/04/02/nine-figure-loan-kickstarts-another-office-tower.html?iana=hpmvp_nsh_news_headline

I wonder if the unidentified anchor tenant is a relocation from inside or outside the metro area. 

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2 hours ago, downtownresident said:

I wonder if the unidentified anchor tenant is a relocation from inside or outside the metro area. 

PLEASE BE ORACLE! 

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7 hours ago, downtownresident said:

I wonder if the unidentified anchor tenant is a relocation from inside or outside the metro area. 

Inside, is my opinion

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Thinking the anchor may be a bank...but not sure yet which one.  Also...not sure if this one will really start until the virus stuff slows down a little.  Guess we'll see.

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10 minutes ago, titanhog said:

Thinking the anchor may be a bank...but not sure yet which one.  Also...not sure if this one will really start until the virus stuff slows down a little.  Guess we'll see.

The article says delivery Q2 2022, which actually may be pretty good timing for them. Hopefully pulled out of a recession by then and also likely not to be as much inventory coming online then as the environment will certainly slow down some other projects.

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1 minute ago, DDIG said:

The article says delivery Q2 2022, which actually may be pretty good timing for them. Hopefully pulled out of a recession by then and also likely not to be as much inventory coming online then as the environment will certainly slow down some other projects.

Exactly. If you feel as though the recession will be over in a year and a half/two years now is the time to build. Construction costs should fall due to reduced demand. 

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