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.