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Bosa Development Pays $66M for Midtown Nashville Site, Plans Filed for Three Towers
Bosa Development has purchased 3.17 acres at 1401 Church in the Midtown submarket of Nashville, TN for $66 million.
Tarek El Gammal, Vincent Lefler and George Schubert of Newmark represented the seller, Dairy Farmers of America (a farmer-owned dairy cooperative). John Shaunfield, Kyle Jett and Chris Murphy of Newmark’s Dallas office also provided transactional support.
The seller acquired 1401 Church, is a former dairy factory, as part of its purchase of Dean Foods in 2020. The property is currently zoned for uses including multifamily, office, hotel and retail, with a 5.0 FAR with bonus height potential. Plans have been filed with Metro Planning to build a mixed-use development including three structures of 30, 35 and 45 stories.
“This is a key piece of real estate in Nashville’s urban landscape,” said El Gammal. “The Midtown submarket is transforming into a high-density continuation of one of the country’s most exciting urban developments, Nashville Yards.”
- ◦Sale/Acquisition
- ◦Development
