NASHVILLE – (Realty News Report) – Griffin Partners, a Houston-based investment and development firm, has started a 2 million SF spec industrial project in Nashville.
Called the Earhart Industrial Park, the project will consist of two large warehouses – the first totaling 863,000 SF and the second totaling over 1.1 million SF – will be constructed in Wilson County off Interstate 840 and Highway 109 in the Lebanon area.
Upon completion, the 2,015,158-SF project it be the largest industrial development in Nashville’s I-840, bulk industrial corridor.
2 Million SF Spec
Earhart Industrial Park is Griffin Partners’ third development in Tennessee. Griffin is a commercial real estate investment firm that has acquired, developed, or managed more than 100 properties with an aggregate value of over $2.5 billion over the last 40 years.
“We are thrilled to officially break ground on Earhart Industrial, a first-of-its-kind development with an impressive footprint of 2 million industrial square feet,” said Travis Covington, President of Development at Griffin Partners. “We’re excited to partner with the Foundry Commercial team to bring the right tenant mix into this stellar project.”
Foundry Commercial’s Industrial Services team out of the Nashville office has been tapped as leasing broker. That team consists of Melissa Alexander, W.B. Scoggin, Casey Flannery, and Warren Snowdon.
The topography at the site of Earhart Industrial Park is fairly hilly, with more than a million cubic yards of earth being moved to prepare the site for the warehouses, leading to an anticipated 9-month timeline for the initial site work. Once that is complete, construction will get underway on both spec industrial warehouses at Earhart Industrial Park.
- Building 1: 863,573 SF, cross-dock, spec industrial warehouse, 367 car parks; 196 trailer parks
- Building 2: 1,151,585 SF cross-dock spec industrial warehouse; 448 car parks; 284 trailer parks
Both buildings will be 640’ deep, with a 40’ clear height. There is additional land available for development at the site, which is tentatively being looked at for another 300+ trailer parking spaces. Delivery of the project is slated for the third quarter of 2024.
“In the Lebanon industrial corridor, where most of the Nashville region’s bulk product exists, there are no vacant buildings currently that can accommodate a user of this size. Earhart Industrial Park is the first, fully capitalized warehouse park coming out of the ground during a time when construction starts have been slowed or stalled on similar projects in the area,” said Melissa Alexander of Foundry Commercial.
Founded by Fred Griffin
Founded in 1980 by Fred Griffin, Griffin Partners owns and operates properties throughout Texas, Colorado, Arizona, Utah, Tennessee, and North Carolina
Griffin Partners recently announced significant leasing activity at Loop Central, its three-building office campus near Loop 610 and Westpark in Houston.
May 9, 2023 Realty News Report Copyright 2023
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File: Griffin Partners Starts Huge Project