Menlo Equities Buys Truist Plaza From John Eakin In $84.5M Nashville Deal

The 13-story Truist Plaza located at 401 Commerce Street in Nashville, TN, has been acquired by Menlo Equities from developer Eakin Partners for $84.5 million. The sale price equates to approximately $249 per square foot for the 340,000 square feet office building.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $84,500,000
• Buyer: Menlo Equities
• Seller: John Eakin - Eakin Partners
• Address: 401 Commerce Street
• Market: Nashville, TN
• Square Footage: 340,000

California investor Menlo Equities has purchased the Truist Plaza, marking a significant acquisition in downtown Nashville. The sale transaction was facilitated by John Eakin of Eakin Partners, representing the seller in this notable deal.