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Foundry Commercial Named Leasing Broker for Lebanon, TN Spec Industrial Project
Lebanon, Tenn. (May 4, 2023) – Dirt is moving at Earhart Industrial Park, which will soon be the largest industrial development in Nashville’s I-840, bulk industrial corridor. Two large warehouses – the first totaling 863,000+ square feet and the second totaling over 1.1 million square feet – will soon be constructed in Wilson County off Interstate 840 and Highway 109.
Griffin Partners, based in Texas, is the developer of Earhart Industrial Park, which marks the firm’s third development in Tennessee. Griffin is a commercial real estate investment firm that has acquired, developed, or managed more than 100 properties with an aggregate value of over $2.5 billion over the last 40 years. Foundry Commercial’s Industrial Services team out of the Nashville office has been tapped as leasing broker. That team consists of Melissa Alexander, SIOR, W.B. Scoggin, CCIM, Casey Flannery, and Warren Snowdon, SIOR.
“We are thrilled to be underway with the development of Earhart Industrial, a first-of-its-kind development with an impressive footprint of 2 million industrial square feet,” said Travis Covington, President of Development at Griffin Partners. “We’re excited to partner with the Foundry Commercial team to bring the right tenant mix into this stellar project.”
The topography at the site of Earhart Industrial Park is fairly hilly, with more than a million cubic yards of earth being moved to prepare the site for the warehouses, leading to an anticipated 9-month timeline for the initial site work. Once that is complete, construction will get underway on both spec industrial warehouses at Earhart Industrial Park.
Both buildings will be 640’ deep, with a 40’ clear height. There is additional land available for development at the site, which is tentatively being looked at for another 300+ trailer parks. Delivery of the project is slated for the third quarter of 2024.
“In the Lebanon industrial corridor, where most of the Nashville region’s bulk product exists, there are no vacant buildings currently that can accommodate a user of this size. Earhart Industrial Park is the first, fully capitalized warehouse park coming out of the ground during a time when construction starts have been slowed or stalled on similar projects in the area,” said Melissa Alexander, SIOR, Partner with Foundry Commercial. “We’re thrilled to be a part of a project of this scale, which we believe will attract tenants that need the substantial square footage and brings additional capital investment and jobs to the Nashville region.”
For more information on leasing at Earhart Industrial Park, contact Foundry Commercial’s Nashville industrial brokerage team including Melissa Alexander, SIOR, at 901.270.4031, W.B. Scoggin, CCIM, at 615.730.2495, Casey Flannery at 901.289.0215, or Warren Snowdon, SIOR at 704.705.3852