August 20, 2020
Molto Properties Leases 79,789 Sf In New Nashville Warehouse
Molto Properties has signed a 79,789 square-foot lease with Krosswood Doors at its recently completed speculative building at 451 Mason Road in LaVergne, TN. Krosswood Doors is one of the country’s top manufacturers of custom wood doors for the residential and commercial building industry. With this lease, the 165,828 square-foot building is over 48% leased upon substantial completion which occurred in July.
“We’re thrilled we could accommodate Krosswood’s continued growth in the Southeast,” said Kevin Mohoney, Vice President of Molto Properties. “This transaction is representative of continued strong demand for modern infill distribution facilities and it further validates our commitment to growing our presence in high barrier markets such as Nashville.”
The 165,828 square-foot Class A industrial facility features 32’ clear height, LED lighting and ample trailer and car parking. Located in the heart of Nashville’s premier southeast submarket, the facility benefits from immediate access to I-24 via two interchanges at Sam Ridley Parkway and Waldron Road. The building represents Molto’s first speculative project in the Nashville market.
John Ward with Cushman & Wakefield represented both Molto Properties and Krosswood Doors in the transaction.