The acquisition encompasses the 418,824 square foot, 24-story One Nashville Place office building and an adjoining six-story parking garage. The acquisition encompasses the 418,824 square foot, 24-story One Nashville Place office building and an adjoining six-story parking garage.

NASHVILLE—Seattle-based Unico Properties, LLC has purchased the One Nashville Place office tower here in a deal that reportedly approaches $140 million.

The purchase of One Nashville Place marks the private real estate equity firm's entrance into the Music City commercial market. While it says it has no further transactions in Nashville in the pipeline, the company reports the deal will serve as a platform to grow in Nashville in the future. Unico Properties is a subsidiary of Unico Investment Group LLC.

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John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.