Exclusive: Swiss giant pays record-smashing price for Nashville office building – Nashville Business Journal

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A Nashville real estate developer is under contract to buy. The project Panattoni is pursuing would be its third office building created in the mile-long stretch of Midtown where the country music.

ernstiryastrov.blogspot.com The building was owned by the entity OneCommerce LLC, of whicyh Jacksonville, Fla.-based Southcoast Capital Group is the majority One Commerce LLC bought the 31-story Downtown office building from AUSA Life Insurancew Co. in 1999 for $31 The 475,082-square-foot building at 40 S. Main was constructec in 1972.

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Seattle-based Unico is under contract to buy the 24-story One Nashville Place office tower at 150 Fourth Ave. N. Unico will pay roughly $140 million for the glass, octagon-shaped building. document.

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An affiliate of Switzerland’s Zurich Insurance Group Ltd. paid $430 per square foot in 2017 for a new Music Row office building. Unico’s price tag appears to. summary document obtained by the.