Spring Hill, Tenn. (October 5, 2022) – Developer Griffin Partners and commercial real estate services brokerage Foundry Commercial recently broke ground at Saturn Crossing, which will soon house two industrial buildings totaling 202,858 square feet.
Located on 19.50 acres fronting Saturn Parkway at Kedron Road, the site boasts tremendous access to the Nashville market, Williamson County, and the broader Southeastern United States.
“With a quarter mile of frontage along Saturn Parkway, Saturn Crossing provides unmatched visibility and immediate access to the rooftops of Williamson County as well as the Nashville MSA via I-65 to the east and I-840 to the north. We are thrilled to deliver a project that we can all be proud of and one that will be an economic generator for this area for years to come,” said Travis Covington, President of Development, Griffin Partners.
Spring Hill is home to the 7.9 million-square-foot state-of-the-art General Motors vehicle assembly facility, and neighboring corporate headquarters for Nissan, Jackson National Life, and Mars Petcare. This burgeoning industrial node has already attracted other well-known names such as LG, which just announced plans to build a 2.8-million-square-foot battery plant nearby in partnership with GM.
Foundry Senior Vice President Melissa Alexander, who leads the Nashville industrial team that will be leasing Saturn Crossing on behalf of the developer, stated: “It has been our distinct pleasure to welcome Griffin Partners to the Nashville area. Their dedication to economic development in the areas where they are active will bear fruit for the Spring Hill community well into the future, and we feel fortunate to be a part of that.”
For leasing inquiries in either of the two 101,429-square-foot warehouse buildings, which are expected to deliver next summer, contact Melissa Alexander at Melissa.Alexander@foundrycommercial.com or 615-771-9465, or W.B. Scoggin, CCIM, Foundry Vice President, at W.B.Scoggin@foundrycommercial.com or 615-235-6257.
About Griffin Partners
Griffin Partners is an entrepreneurial commercial real estate investment, development, and property management firm. We believe that value-add investments generate the best risk-adjusted returns, and therefore the firm focuses primarily on acquiring value-add infill office and light industrial assets and ground-up development of industrial properties using conservative leverage. Since inception, Griffin Partners has been involved with the acquisition, development, or management of 78 assets comprised of 103 individual properties encompassing 18.3 million square feet with an aggregate value exceeding $2.5 billion. The goal of every investment is to enhance performance, reduce risk, and support a diversified portfolio. Griffin Partners is a premier real estate investment manager and developer. With our client’s vision as the goal, we skillfully manage every detail and all aspects of custom-building design and construction while preserving capital and maintaining flexibility for future development.
About Foundry Commercial
Foundry Commercial is a full-service commercial real estate services and investment company operating across the office, industrial, retail, multi-family, healthcare, religious, and not-for- profit asset classes and clients. Focused on the Sun Belt markets, Foundry is sustained by 2,000 associates operating from 11 markets, providing leasing and management on more that 62 million square feet and over 3,000 seniors housing units, typically executing over $1.6 billion in leasing, tenant rep, and investment sale transactions annually. Foundry’s development and investment platform is fully integrated with its services business and is currently invested in over $3.5 billion in joint ventures with many of the best-known institutional investors in the country and currently has over $1 billion in active ground-up developments across all our markets. For more information, visit www.foundrycommercial.com.