A rendering of CAA’s future Nashville residence. Picture courtesy of CAA
The Artistic Artists Company, one of many world’s largest expertise administration corporations, will relocate its Nashville, Tenn., workplace to the 19-acre Nashville Yards, the biggest venture within the metropolis’s historical past.
CAA will transfer from its present workplace on the SunTrust Constructing to 75,000 sq. ft throughout two flooring at 955 Church, an under-construction, 420,000-square-foot Class A+ tower. Upon relocation, scheduled close to the tip of 2025, the agency will turn into the constructing’s anchor tenant and earn exterior signage rights.
CAA has had a presence in Music Metropolis since 1991. The agency’s Nashville base of operations at present hosts 130 staff.
A artistic workplace constructing
Developed collectively by Southwest Worth Companions and AEG Worldwide, CAA’s future residence rises 11 tales at 955 Church St. CannonDesign envisioned the agency’s places of work to function each indoor and outside workspaces, along with gaming and lounge areas.
When full, the artistic workplace constructing can have floorplates of greater than 40,000 sq. ft, three ranges of retail area, floor-to-ceiling home windows and personal outside terraces in addition to a landscaped outside deck. Colliers Principals & Government Vice Presidents Janet Sterchi and Shane Douglas, alongside Vice President Ashley Harrison, oversee all leasing on the property.
The event has no scarcity of leisure choices in its instant neighborhood: Most of the metropolis’s well-known music venues lie half a mile eastward alongside Broadway, whereas Music Row lies inside a mile to the south. The newly renovated Union Station Nashville Yards can also be close by.
Dealings on the Nashville megaproject
Nashville Yards’ origins return to 2017, when the companions fashioned a three way partnership for the event of the $1 billion venture following AEG’s $44 million buy of the location at 910 Commerce St. At full build-out, the mixed-use campus will embody greater than 3 million sq. ft of workplace area, over 2,000 multifamily items, two motels, 350,000 sq. ft of extra retail and leisure area, in addition to a 4,500-seat occasion corridor.
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The campus’ different workplace choices stay energetic in varied levels of growth. Amazon is at present constructing its Nashville headquarters, a two-tower, 1.2 million-square-foot workplace park whose 566,000-square-foot first constructing completed development in 2021. Nevertheless, this February the e-commerce behemoth paused on the development of the second constructing, because it revaluated its makes use of of the area amid the obvious permanence of hybrid work.
As for workplace leases, one of many largest was the 180,000-square-foot deal signed by Bass, Berry & Sims PLC in 2021. The legislation agency preleased the highest eight flooring of the tower at 200 tenth Ave. N.
One other workplace tenant at Nashville Yards is Pinnacle Monetary, which leased 95,000 sq. ft at 201 Platform South, a 35-story, 675,000-square-foot Class A+ workplace tower. Following the dedication, the agency turned the advanced’s sole banking tenant.
General, the nation’s music capital retains robust workplace fundamentals, regardless of some short-term slowdowns in new growth. In keeping with information from a current CommercialEdge report, the town had the second largest growth pipeline within the South as of September, with greater than 3 million sq. ft of area below development.
