Westplan begins construction in Nashville

Following the successful development and $69.5M sale of Accent Bellevue, Westplan Investors broke ground on another apartment development in Nashville, Tennessee. The new project will consist of 282 apartments on 8 acres of land located along the west side of Great Circle Road in the Metrocenter submarket of Nashville just 3 miles north of Downtown Nashville.

The Nashville region, home to more than 1.9 million people and more than 40,000 businesses, has experienced a boom over the last 10 years that shows little sign of slowing. Nashville also has the strongest concentration of the music industry in America. Nashville’s most recent unemployment rate of 2.7% was the lowest of any U.S. metro area with more than a million people. Furthermore, the National Association of Realtors and Zillow ranks Nashville among the top 10 housing markets. Chief Investment Officer, Brad Johnson, says “Nashville is such a dynamic and vibrant city, and we are excited to be starting another quality Westplan community.”

Westplan Investors has invested in more than $2 Billion in real estate since its inception in 1994 with a primary focus on apartments. We have dedicated ourselves to excellence in providing and managing equity investment products for our clients in residential U.S. real estate. We are proud of our proven track record which has contributed to our trusted reputation.

For further information, please contact Rob Carter or Brad Johnson at 770-390-9378.

 

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