NKF Brokers Sale of 773K-SF Industrial Property in Tennessee
NKF has brokered the sale of two industrial properties totaling 773,000 square feet in Fayetteville, TN. The sales price was not disclosed. Fayetteville is approximately 31 miles north of Huntsville, AL.
The sale includes 1810 Wilson Parkway, a fully-leased, 695,000-square-foot facility and 1700 Wilson Parkway, a 78,800-square-foot facility that is currently vacant. Features of 1810 Wilson Parkway include block and insulated metal construction, 34-foot clear ceiling heights and 44,374 square feet of modern, air-conditioned office and support areas. Features of 1700 Wilson Parkway include a 64,800-square-foot warehouse space with 20-foot ceilings, 5 dock doors and one drive-thru dock as well as a 10,400-square-foot first-level office.
Michael Reid and Bart Hardison of NKF brokered the sale of behalf of the undisclosed seller. BSD Properties purchased 1700 Wilson Parkway and 1810 Wilson Parkway LLC purchased 1810 Wilson Parkway.
David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector.
Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA.
David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.