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Deals

Hamilton, Clarion acquire Bridgestone plant for 1.5M-sf La Vergne industrial park

The 135-acre site at 1201 Bridgestone Parkway will hold 10 buildings, and demolition begins immediately, per Connect CRE.

At a glance

25-second brief
  • Hamilton Development and Clarion Partners have acquired the former Bridgestone tire plant in La Vergne, Tennessee, with plans for a 1.5 million-square-foot industrial park across 10 buildings, Connect CRE reported.

  • The 135-acre property at 1201 Bridgestone Parkway sits in Nashville's southeast submarket, and demolition of the tire plant begins immediately.

  • Phase One includes Buildings 1 through 6, totaling more than 760,000 square feet, with delivery targeted for the second quarter of 2028.

Hamilton Development and Clarion Partners have acquired the former Bridgestone tire plant in La Vergne, Tennessee, with plans for a 1.5 million-square-foot industrial park across 10 buildings, Connect CRE reported.

The 135-acre property at 1201 Bridgestone Parkway sits in Nashville's southeast submarket, and demolition of the tire plant begins immediately.

Phase One includes Buildings 1 through 6, totaling more than 760,000 square feet, with delivery targeted for the second quarter of 2028.

The park will support both build-to-suit and speculative space for tenants from 80,000 to 250,000 square feet, with a future retail building planned at Waldron Road and Bridgestone Parkway.

JLL's Jeff Feste and Dan McGillicuddy brokered the transaction, and Feste will lead leasing with a JLL team.

Clarion Partners reports about $73.7 billion in registered assets, according to PRED records, and in September its majority stake in Stoneshield added European living and digital infrastructure.

Buildings 1 through 6 are due in the second quarter of 2028, when the first lease rate will decide whether teardown-and-rebuild is a trade or a toll.

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Hamilton, Clarion acquire Bridgestone plant for 1.5M-sf La Vergne industrial park — Private Real Estate Daily