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CapRidge Partners purchases Nashville City Center

CapRidge Partners purchases Nashville City Center,ph01

CapRidge Partners, an Austin, Texas-based integrated commercial real estate firm, is expanding for the first time into the Nashville marketplace as the new owner of Nashville City Center, a 27-story Class-A office tower at 511 Union St. in the heart of Nashville’s Central Business District.

CapRidge has selected Foundry Commercial to serve as the exclusive representative for the building, which features 480,000 square feet of commercial office space and 800 structured parking spaces.

Foundry Commercial is a full-service real estate services and investment company with operations across the Southeast and Texas. Last Fall, the company expanded its presence in Nashville with the acquisition of the brokerage business of OakPoint Real Estate’s Nashville office.

Within the past year, Nashville City Center underwent a series of upgrades, including updates to the building lobby; the launch of a 24/7 fitness center featuring weekly classes in yoga and meditation, balance barre, core pilates and high-intensity interval training; and the debut of a new tenant lounge featuring Cafe 15, which offers grab-and-go options for breakfast and lunch.

Tenants of Nashville City Center have access to the building’s JamNasium, the only music studio featuring best-in-class instruments and recording equipment in an office building. In addition, tenants can engage in monthly sip and learn lectures, pop-up errands, happy hours, and more. Nashville City Center also boasts an outdoor plaza with a container coffee shop and The Shack, the building’s outdoor food stand for those looking to grab a quick lunch and enjoy the city’s weather.

Nashville City Center is located across the street from the five-star Hermitage Hotel and several highly regarded restaurants, including Capitol Grille, Rolf & Daughters, and the City Winery, among other dining and entertainment options.

Notable tenants within Nashville City Center include Warner Music Group, Waller Landsden Dortch & Davis LLP, as well as First Tennessee Bank, whose logo is perched atop the building.