Jeff Haynes Acquires McEwen Building From KBS REIT III Inc For $48.75M | 1550 West Mcewen Drive | Office | Sale

Summary

Sale

TENNESSEE

Office

175,000 sqft

The 175,000-square-foot McEwen Building in Cool Springs, Nashville has been sold for $48.75 million. The property, located at 1550 West McEwen Drive in Franklin, TN, was acquired by Boyle Investment Co. from KBS REIT III Inc. The sale price equates to approximately $279 per square foot.

Summary of transaction details:

Property Type: Office
Transaction Amount: $48,750,000
Buyer: Jeff Haynes - Boyle Investment Co
Seller: KBS REIT III Inc
Address: 1550 West McEwen Drive
Market: Franklin, TN

Jeff Haynes, representing Boyle Investment Co, facilitated the acquisition of the McEwen Building, following recent renovations. The deal brings together the buyer and seller, showcasing the active commercial real estate market in the region.

Details

Deal Summary

SOLD

IMAGE: Jeff Haynes DATE: 02/22/2024 ADDRESS: 1550 West Mcewen Drive MARKET: Franklin, TN ASSET TYPE: Office BUYER: Jeff Haynes - Boyle Investment Co SELLER: KBS REIT III Inc SALE PRICE: $48,750,000 SF: 175,000 ~ PPSF: $279 NOTE: Boyle Investment Co. has acquired the 175,000-square-foot McEwen Building in Cool Springs, Nashville, for $48.75 million from KBS REIT III Inc., following recent renovations.

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Address1550 West Mcewen Drive

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