Three Goodlettsville industrial properties have sold for a combined $49.25 million.
Its new owner — a New York Company — has invested about $2 billion in commercial real estate since its founding in 2012.
The three properties are located at 100 North Fork Lane, 200 North Fork Lane and 300 Oak Bluff Lane.
Image: Google Earth
According to documents filed with the Davidson County Register of Deeds, the new owner is an LLC affiliated with Raith Capital Partners, LLC. Based in Manhattan, Raith employs approximately 31 individuals. It is unclear if the company owns any other Nashville-area properties.
The seller, via three LLCs, was Conshoshocken, Pennsylvania-based Exeter Property Group. Exeter paid a combined $19.5 million for the three properties in 2019, Metro records note.
The buildings accommodate multiple businesses, including Pods Moving and Storage.
The transaction follows Exeter’s having sold in November three large warehouses located near Nashville International Airport, with one accommodating an Amazon fulfillment center.
Exeter paid a collective $84.11 million for the three properties in separate transactions in the early 2020s and sold them to an LLC seemingly affiliated with Denver-based Ares Wealth Management Solutions for $128.4 million (read here).
The Post was unable to determine if brokers were involved in the recent transaction.