Hien Le & Jeremy Giles Of Constellation Real Estate Partners Secure $28.3M Loan From First Horizon Bank
2186 Ted Dorris Road & 2220 Ted Dorris Road
$28,300,000
Building Size
—
Asset Type
Industrial
Closing
Jan 2, 2026
AI
The asset involved in this transaction is an industrial property located at 2186 Ted Dorris Road & 2220 Ted Dorris Road in Goodlettsville, TN. It involves a construction loan with a total amount of $28,300,000, arranged for a significant development project.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $28,300,000
- Lender: First Horizon Bank
- Landlord: Hien Le & Jeremy Giles - Constellation Real Estate Partners
- Loan Type: Construction
Cushman & Wakefield played a crucial role in arranging a joint venture equity investment from Hartford Investment Management Corp. along with the construction financing from First Horizon Bank to support Constellation Real Estate Partners’ Constellation Goodlettsville 65 industrial project near Nashville.
Players
Goodlettsville Industrial Market Snapshot
Boundary boundary · Industrial · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.56%
Cash-on-Cash
-0.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93