Bixby Capital Management Announces Acquisition of Newly Constructed Class A Industrial Asset at 212 Alligood Way in Nashville MSA

March 17, 2025by Christina Khamis

Bixby Capital Management, a leading private real estate investment firm, is pleased to announce the acquisition of 212 Alligood Way in Lebanon, Tennessee. The newly delivered 222,382-square-foot Class A industrial facility is located within the highly sought-after Nashville industrial market.

Completed in 2024, 212 Alligood Way represents the latest generation of institutional-quality industrial development. With immediate access to I-40, the property is strategically positioned to serve as a regional distribution hub, offering efficient connectivity to major markets throughout the Southeast and Northeast.

The rear-load configured building features top-tier industrial specifications, including:
–   32’ clear heights (CH)
–   ESFR sprinkler system
–   21 dock-high doors, with 8 additional knock-out panels for future expansion
–   2 drive-in doors
–   135’ – 185’ truck court
–   32 trailer parking spaces
–   2,500 square feet of speculative office space

Currently 100% vacant, the asset offers leasing flexibility, accommodating single or multi-tenant configurations to meet evolving market demand.

“The acquisition of 212 Alligood Way reflects Bixby Capital Management’s continued strategy to invest in best-in-class industrial assets within dynamic and fast-growing logistics hubs,” said Lexi Geiger, Senior Director, Acquisitions at Bixby Capital Management. “With its state-of-the-art design, strategic location, and modern functionality, 212 Alligood Way is well-positioned to meet the needs of industrial users seeking accessibility and efficiency.”

CBRE National Partners, George Fallon, Frank Fallon and Trey Barry brokered the transaction.

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