Material Ventures Acquires 1.15-Acre Development Site In Nashville For $7.25M

Material Ventures has acquired a 1.15-acre development site located at 2121 Crestmoor Road in Nashville, TN. The property was purchased for $7.25 million. Situated near The Mall at Green Hills, Material Ventures plans to construct Crestmoor Green Hills, a six-story mixed-use building on the site.

Summary of transaction details

• Property Type: Development Site
• Transaction Amount: $7,250,000
• Address: 2121 Crestmoor Road, Nashville, TN
• Market: Nashville, TN
• Acres: 1.15
• SF: 24,000
• PPSF: $302

This transaction involved Material Ventures as the buyer. They successfully acquired the property, positioning themselves to develop Crestmoor Green Hills. The 1.15-acre site offers ample space for the planned six-story mixed-use building. Situated near The Mall at Green Hills, the location holds great potential for a thriving development. Material Ventures' acquisition of this property marks a strategic move within the Nashville market.