Waller Headquarters

511 Union Street | Nashville, TN

Corporate Advisory | Tenant Rep

Square Feet:  159,000

Building Type:  Class A

Deal Value:  $84 Million

 

ASSIGNMENT

OakPoint was engaged to evaluate build-to-suit or reconfiguration options in the CBD and West End sub-markets versus renewing in Waller’s existing location.

Our process created tremendous negotiating leverage for Waller that resulted in a complex lease renewal deal. The transaction involved a significant reconfiguration of Waller’s space in its existing premises and negotiating construction of a subterranean parking garage for approximately 450 car parks at a cost of over $10 million. Without construction of the garage, the law firm would have relocated to the West End submarket, resulting in a loss of 300 jobs in CBD. The entire 14 year lease term was valued at over $84 million.

 

Key Team Members

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Contact


Nashville

2 Music Circle South, Suite 200
Nashville, Tennessee 37203
615.997.0010 Email Nashville

Austin

8200 North Mopac Expressway, Suite 115
Austin, Texas 78759
512.241.0017 Email Austin