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Oracle Acquires East Nashville Office Tower For $253M

Property Image
SOLD
$253,000,000

Tennessee

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Office1,200,000 SF
Sold 06/03/2020
the dealplayerscompscontact
Property Image
SOLD

Oracle Acquires East Nashville Office Tower For $253M

Cowan Ct, East Nashville, Nashville, TN, USA

See Similar Deals
Office1,200,000 SF
Sold 06/03/2020
the dealplayerscompscontact
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Summary

TENNESSEE
Asset Type:Office
Price Per Square Foot:$210
Total Square Footage:1,200,000 SF
Transaction Type:Sale

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

Larry Ellison
Larry Ellison
8 deals$696M volume
BUYER
O
Oracle
BUYER
O
Oracle
BUYER

Details

SOLD
IMAGE: Safra A. Catz, Larry Ellison & Jeffrey O. Henley DATE: 06/03/2021 ADDRESS: Cowan Ct MARKET: East Nashville, TN ASSET TYPE: Office Tower BUYER: Oracle - Larry Ellison, Safra A. Catz, & Jeffrey O. Henley SALE PRICE: $253,000,000 SF: 1,200,000 ~ PPSF: $211 ACRES: 60 ~ PPA: $4,216,666

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