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Vintage South Development has acquired the Stocking 51 office and retail center in Nashville, TN.

Hosiery Mill Seamed into Adaptive-Reuse Sells in Nashville

JLL has closed the sale of Stocking 51, a five-building, adaptive-reuse mixed-use project totaling 124,315 square feet of creative office and retail space in The Nations neighborhood of Nashville, TN.

Richard Reid, Ryan Clutter and Huston Green with JLL along with Trent Yates of Sagemont Real Estate represented the seller, Vintage South Development and procured the buyer, an institutional investor advised by Stockbridge.

“Nashville is the nation’s leading economy seeing more than 80 people per day moving to the city and approximately 23,000 jobs created annually,” said. “This is creating incredible demand for creative office space with rents increasing more than 18% in the last three years.”

Stocking 51 was originally built in 1927 as the Belle Meade Hosiery Mill and now comprises 63% creative office space and 37% retail. The 100% occupied project’s tenants represent coworking, technology, financial services, interior design, fitness and restaurant industries.


Inside The Story

JLL's Reid

About Lisa McDuffie

Lisa McDuffie arrives at ConnectCRE via REALTOR® world, where she served for nearly two decades as communications director for one of the nation’s largest REALTOR® organizations. She supported two membership-elected presidents who were commercial real estate practitioners, and managed the communications initiatives of the organization’s commercial special interest group. When not following the latest commercial real estate news, Lisa is zeroed in on her charismatic off-the-track thoroughbred as she makes the transition from an utterly failed racehorse to a lovely show hunter.

  • ◦Sale/Acquisition