Oracle Acquires East Nashville Office Tower For $253M

Cowan Ct, East Nashville, Nashville, TN, USA

$253,000,000

$210/SF

Building Size

1,200,000 SF

Asset Type

Office

Closing

Jun 3, 2020

AI

An office tower located on Cowan Ct in East Nashville, TN has been sold in a recent transaction. The property spans approximately 1,200,000 square feet and sits on a 60-acre lot. The sale price for this asset was $253,000,000, resulting in a price per square foot of $211 and a price per acre of $4,216,666.

Summary of transaction details

Property Type: Office Tower
Transaction Amount: $253,000,000
Address: Cowan Ct, East Nashville, TN
Market: East Nashville, TN
Square Footage: 1,200,000
Price per Square Foot: $211
Acreage: 60
Price per Acre: $4,216,666

The buyer of the property is Oracle, with Larry Ellison, Safra A. Catz, and Jeffrey O. Henley representing the company in the transaction. This acquisition marks a significant move in the market for Oracle, demonstrating their strategic investment in the East Nashville area.

Players