NASHVILLE, TENN. — GBT Realty Corp., a Brentwood, Tenn.-based commercial development and investment company, has broken ground on the next phase of construction for Parke West, a mixed-use project located near Nashville’s West End neighborhood. The plans include a hotel, residential community, restaurants and retail space, which will all be situated within two towers. Parke […]
Commercial real estate development is by nature a forward-thinking craft. But even with America’s vaccine rollout steadily gaining traction, a disruptor like Covid-19 has only heightened the pressure on developers to get their forecasts right. Project teams are faced with a conundrum: Which office designs and locations will attract the most tenants in a post-pandemic […]
NASHVILLE, Tenn.–(BUSINESS WIRE)–GBT Realty Corporation, a leading national commercial development and investment company headquartered in Brentwood, Tenn., makes shift during pre-development to adopt market-redefining health and safety features for its Class AA office tower known as ONE22ONE in downtown Nashville. ONE22ONE is designed from the ground up for a post-COVID-19 environment with considerations made at […]
NASHVILLE, Tenn. (WKRN) — It’s the office building of tomorrow, in what we’re hoping will be, a post COVID-19 world. As the Gulch continues its massive growth, a new building on Broadway is setting the standard for the future of office buildings in Nashville, focusing specifically, on human health. In this Nashville 2020 report, News […]
Joint venture acquires 250-key Midtown hotel. Mixed-use project scores $87.4 million in financing. Catch up with our June selection of Nashville must-reads. While Nashville had begun reopening, local authorities decided to reexamine the process following an uptick in new coronavirus cases, with modified phase two conditions going into effect one day before July 4. The […]
GBT Realty Corporation started construction on Parke West, a mixed-use project near Nashville, Tennessee’s West End neighborhood. This comes after GBT added local partner Chartwell Hospitality to its project team. GBT also recently secured a construction loan for the project from First Horizon Bank. Updated development plans for Parke West now include a 172-key, dual-branded […]
Brentwood-based GBT Realty announced Wednesday that FirstBank will serve as the anchor office tenant for its mixed-use tower ONE22ONE, now under construction on downtown’s western edge. Financial terms of the deal were not disclosed in a release. FirstBank will lease 52,000 square feet on floors 13 and 14 of ONE22ONE and has the right to […]
The lease announcement comes on the cusp of a $611 million acquisition that will make the bank the second Nashville-based lender to cross the $10 billion assets threshold.
The start of the $100 million-plus Parke West project sends another signal that the area’s commercial real estate market — which was revved up when the Covid-19 pandemic struck — is beginning to regain its bearings.
Brentwood-based GBT Realty announced Tuesday that Chartwell Hospitality will own, develop and manage the hotel component of Parke West, GBT’s project under construction near the intersection of West End Avenue and Interstate 440. In addition, and according to a release, First Horizon Bank is providing a $56.5 million construction loan for GBT’s component of the […]