Taylor Preston's 600 Middleton LLC Acquires City Winery Nashville Property For $21M | 600 Middleton Street | First Commerce Bank | Retail | Sale

Summary

Sale

TENNESSEE

Retail

26,000 sqft

The Pie Town property located at 600 Middleton Street in Nashville, TN has been sold for $21 million. The buyer, Taylor Preston, through his LLC 600 Middleton LLC, completed the purchase. The property is a retail asset spanning across 1.26 acres with a total square footage of 26,000. The sale price per square foot was $808.

Summary of transaction details

Property Type: Retail
Transaction Amount: $21,000,000
Address: 600 Middleton Street, Nashville, TN
Market: Nashville, TN
Acres: 1.26
Square Footage: 26,000
Buyer: Taylor Preston
Seller: City Winery Nashville LLC
Lender: First Commerce Bank
Price per Square Foot: $808

Local real estate investor Taylor Preston's LLC, 600 Middleton LLC, secured a $16 million loan from First Commerce Bank to complete the purchase of the Pie Town property. This transaction marks a significant milestone for Taylor Preston in expanding his real estate investment portfolio.

Players

All
1

Lenders
1

First Commerce Bank

Details

Deal Summary

SOLD

IMAGE: 12/15/2023 ADDRESS: 600 Middleton Street MARKET: Nashville, TN ASSET TYPE: Retail ~ ACRES: 1.26 BUYER: Taylor Preston SELLER: City Winery Nashville LLC LENDER: First Commerce Bank SALE PRICE: $21,000,000 SF: 26,000 ~ PPSF: $808 NOTE: The Pie Town property housing City Winery in Nashville has been sold for $21 million, with local real estate investor Taylor Preston's LLC, 600 Middleton LLC, completing the purchase and securing a $16 million loan from First Commerce Bank.

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Address600 Middleton Street

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