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750 Old Hickory Boulevard

Updated Nov 17, 2025

Magnolia Investment Partners And Tenn Properties Acquire Brentwood Commons Office Park For $88.3M
SOLDOffice

Magnolia Investment Partners And Tenn Properties Acquire Brentwood Commons Office Park For $88.3M

750 Old Hickory Boulevard

$88,300,000

$200/SF

Building Size

440,000 SF

Asset Type

Office

Closing

Nov 4, 2025

About this deal

AI

The property involved in the transaction is an office asset located at 750 Old Hickory Boulevard in Brentwood, TN, comprising 14 acres. The asset features a total square footage of 440,000 and was sold for $88,300,000, translating to a price per square foot of $201.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $88,300,000
  • Address: 750 Old Hickory Boulevard
  • Market: Brentwood, TN
  • Acres: 14
  • Square Feet: 440,000
  • Price per Square Foot: $201
  • Buyer: Magnolia Investment Partners & Tenn Properties
  • Seller: LACERA
  • Broker: CBRE

The transaction was facilitated by a joint venture between Magnolia Investment Partners and Tenn Properties, which acquired the office park known as Brentwood Commons. The seller, LACERA, engaged CBRE to manage the sale process. Previously, LACERA purchased the property in 1996 for $18.89 million.

On the Map

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$88,300,000

$200/SF

Office

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Players

CBRE
CBREBrokerage

Brentwood Office Market Snapshot

Boundary boundary · Office · Sale transactions

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Deal FAQ

About $200 per square foot on a published $88.3M for 440,000 square feet (2025).

Browse Brentwood office sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.18%

Cash-on-Cash

-0.05%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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