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Transwestern Opens 35th Office with Class A Assignment
Print Article Contributed by BSM Staff

NASHVILLE, TN -- To meet growing demand for real estate advisory services, Transwestern, a full-services commercial real estate firm, has expanded its operations by opening its 35th office in Nashville.

Providing agency leasing, tenant advisory, capital markets and asset services to real estate owners and users throughout the market, Transwestern has been retained to manage One Century Place at 26 Century Blvd. on behalf of Griffin Capital Company LLC.

“Nashville is increasingly a target market for investors that require strategic real estate advisory services,” said Chip Clarke, Transwestern’s President │ Americas. “With the strength of the Nashville economy, driven by the healthcare, technology, music and tourism industries, the timing is right for Transwestern to leverage our best-in-class service and expand our footprint in the region.”

Nashville has one of the most stable economies in the country, with only 2.3 percent unemployment as of May 2017, well below the national average of 4.3 percent. The market has seen a high volume of relocations and expansions, including corporate anchors such as HCA, Mars Pet Care, Asurion, Bridgestone, Nissan North America, Dollar General and Caterpillar Financial.

These factors, coupled with the market’s low vacancy rate, have made Nashville an increasingly important target for real estate capital and created high demand for full-service real estate advisory.

Transwestern’s Southeast President Bruce Ford, who is based in Atlanta with a proven track record of leadership and innovation, will lead the operations in Nashville, where he will be responsible for overall strategy, business development, recruitment and financial performance.

“Transwestern utilizes an innovative approach to property management that reflects our unique culture while producing measurable results for our clients – from owners to occupants to vendors and customers visiting a property. This is the foundation upon which we will drive value for One Century Place and its tenants, and establish Transwestern’s reputation as the leading service provider in Nashville,” Ford said.

Based in Houston, Transwestern has 35 U.S. offices and assists clients through more than 180 offices in 37 countries as part of a strategic alliance with BNP Paribas Real Estate.

Griffin Capital Company, LLC is a privately held, Los Angeles headquartered investment and asset management company with a 22-year track record sponsoring real estate investment vehicles and managing institutional capital, encompassing over $22 billion of transaction value and more than 650 transactions.

Griffin Capital and its affiliates have acquired or constructed approximately 58.4 million square feet of space since 1995. Griffin Capital and its affiliates own, manage, sponsor and/or co-sponsor a portfolio consisting of approximately 42 million square feet of space, located in 30 states and the United Kingdom.

For more, go to www.griffincapital.com.

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