NewsSOS
Shorenstein Investment Advisers has purchased the Moore Building in Nashville's Music Row district, the San Francisco-based real estate firm announced July 1.
The acquisition adds a Nashville office asset to Shorenstein's portfolio of office, residential and mixed-use properties.
Strategic Rationale: Quality Over Volume Shorenstein described the deal as consistent with its focus on high-quality assets in what it calls high-growth office submarkets.
The firm, which owns and operates properties across the country, has framed its investment thesis around selective exposure to markets where office demand remains durable rather than chasing volume in broader, more commoditized submarkets.
Keep reading