American Trust building to be sold for office condos

[smeagolsfree]

From the City Paper today :

http://nashvillecitypaper.com/index.cfm?se...s&news_id=50421

This will be a good fit for downtown and hopefully fill office space downtown. Maybe this can be the beginning of more office space moving to the downtown area.

[linclink]

From my first trip to Nashville, I remember walking in front of this building and falling in love with it!! I would love to live in it... if I could afford it of course... at 1 apt. per floor, I'm sure the prices will be quite high!!! Can't believe a building as beautiful as this has been vacant for 15 years!!!!!!

[it's just dave]

Office condos, not living units, but nonetheless, it'll be nice to see some life in this beautiful building even if most of it is daytime use. I didn't realize that there was a nearly 20-year span from the first part of the building to the construction of the tower. I have an old postcard showing the original building, pretty cool.

[Hankster]

Office condos, not living units, but nonetheless, it'll be nice to see some life in this beautiful building even if most of it is daytime use. I didn't realize that there was a nearly 20-year span from the first part of the building to the construction of the tower. I have an old postcard showing the original building, pretty cool.

What exactly is an office condos. Is it a residential condo with ith possibly half of even more than half the space devoted to office? I'm not familiar with this concept.

[it's just dave]

Office condos are getting popular in many markets. It's the same as a residential condo, except that its your office space that you own. They're not for living, just working.

Here's a pretty good description:

http://www.bizjournals.com/milwaukee/stori...us2.html?page=1

[Hankster]

Office condos are getting popular in many markets. It's the same as a residential condo, except that its your office space that you own. They're not for living, just working.

Here's a pretty good description:

http://www.bizjournals.com/milwaukee/stori...us2.html?page=1

Thanks for posting the article, Dave. Now I feel like I'm "up to speed" with the concept of office condos. It makes quite a bit of sense to me, and it wouldn't surprise me if it catches on in a big way all over the country.