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 FRI Investors acquisition of this 600,000-square-foot
29-story office tower in downtown Nashville is a clear indicator
of its financing strength and expertise – essential
traits in today’s highly competitive commercial real
estate markets. In the summer of 1998, at the height of the
worldwide credit crisis, FRI Investors successfully closed
a $70 million financing from Lehman Brothers Holding, acquiring
this showcase property in spite of more than 15 competing
offers. FRI Investors is a key player in the future of downtown
Nashville, with a premier property that is ideally located
in the city’s financial district, adjacent to the courthouse
and city hall, and overlooking the state capitol and new NFL
stadium. Recent improvements to the building and plaza area
have been well received as evidenced by the high occupancy
level.
click images to enlarge
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Regions Center
