Whitfield Hamilton And David Gilbert Acquire Former Bridgestone Tire Plant For $90.7 Million

The transaction involves an industrial property located at 1201 Bridgestone Boulevard in La Vergne, Tennessee. The site spans 135 acres and was sold for $90.7 million. The existing factory on the property is planned for demolition, and the developers intend to construct a 1.5-million-square-foot industrial park featuring 10 buildings, along with an additional retail building.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $90,700,000
• Buyer: Whitfield Hamilton - Hamilton Development
• Buyer: David Gilbert - Clarion Partners
• Seller: Scott Damon - Bridgestone Americas
• Site Size: 135 acres
• Location: La Vergne, TN

The acquisition was made by Whitfield Hamilton, representing Hamilton Development, and David Gilbert, representing Clarion Partners. Scott Damon represented the seller, Bridgestone Americas, in this transaction.