UBS's strategy is centered on our leading global wealth management business and our premier universal bank in Switzerland, enhanced by Asset Management and the Investment Bank. Attorneys Bruce Fischer, Tatyana Litovsky, Christine Fan and Howard Chu, and paralegal Amanda Kennedy, of global law firm Greenberg Traurig, LLPs Orange County office represented the firm as legal counsel in the acquisition. Learn How KBS is Creating Safe Work Environments.
These cookies allow our website to remember choices you make (such as your user name, language or the region you are in) and provide enhanced features. UBS Tower is located at 315 Deaderick Street in Nashville, Tennessee. It is the former Tennessee headquarters of Regions Financial Corporation. These remains were collected from an upper zone approximately 16-feet above the saber-tooth bones. The commercial real estate services firm has also been retained by KBS to oversee overall management, leasing, and project management for the building. Reach out to the broker for more info on lease terms and amenities, DoubleTree by Hilton Hotel Nashville Downtown, Noelle, Nashville, a Tribute Portfolio Hotel, TownePlace Suites by Marriott Nashville Downtown/Capitol District, Holston House Nashville - In the Unbound Collection by Hyatt.
As a result of interest that the site generated, First American Bank agreed to engineer around the small percentage of cave deposits that had not been destroyed.
About Shorenstein Properties LLCFounded in 1924, Shorenstein Properties LLC is a privately-owned, real estate firm that owns and operates high-quality office, residential and mixed-use properties across the U.S., with offices in San Francisco and New York. Reach out to the broker for more info on lease terms and amenities, DoubleTree by Hilton Hotel Nashville Downtown, Noelle, Nashville, a Tribute Portfolio Hotel, TownePlace Suites by Marriott Nashville Downtown/Capitol District, Holston House Nashville - In the Unbound Collection by Hyatt, Tennessee State University - Avon Williams Campus, Tennessee State University - Avon Williams Campus, Brentwood United Methodist Church Day School, Tennessee Baptist Missionary and Educational Convention, McKendree United Methodist Church Day Care Center, Fifteenth Avenue Baptist Church Day Care Center, First Baptist Church of East Nashville Day Care Center, Westminster Toddlers and Twos Day Care Center, Jackson Park Church of Christ Day Care Center.
The average asking office rent per SF in Downtown Nashville is $30.03/SF/YR. Nashville has been consistently ranked a top city for businesses over the last several years, with companies migrating to the area in favor of its diverse economy, low cost of living, and well-educated talent pool.
To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. [13] As such, the dates for the Smilodon remains from the First American site should be regarded with some skepticism. [5], The building served as the Tennessee headquarters and a branch office for Birmingham, Alabama-based Regions Bank. A relatively small parking garage is located beneath. With a population quickly approaching two million, Nashville is a vital business, tourism, and transportation center, says Marc DeLuca, CEO and Eastern regional president at KBS. For Class A office buildings the average office rate is $32.5/SF/YR, for Class B office buildings the average office rate is $26.89/SF/YR, for Class C office buildings the average office rate is $29.75/SF/YR.
For more information on KBS, please visit www.kbs.com. "[16], In 1978, a group of cavers from the Nashville Grotto visited the site but were underwhelmed by the lack of intact cavern or open passages. and 10,035+/-650 B.P. UBS provides financial advice and solutions to wealthy, institutional and corporate clients worldwide, as well as private clients in Switzerland. In Downtown Nashville, there are a total of 4 LEED certified office buildings.
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According to CoStar, Nashville has over 80% more office-using jobs now than it had in 2010, a rate of growth that far outpaces the national average. UBS Tower reaps all the benefits of proximity to downtown Nashville attractions, yet its location several blocks from the Broadway corridor offering tenants a strategic locational advantage for walkability without traffic issues. In 1974, the same year UBS Tower was built, 226 more commercial properties (office, industrial, retail) over 50,000 square feet were built in Nashville, featuring 4,121,246 square feet of commercial space. Built in 1972, UBS Tower is ideal for office and retail businesses seeking an optimal location in the Nashville area. Unlock data on CommercialEdge. In Downtown Nashville, there are 23 class A office buildings. There are 131 office spaces for lease in the Downtown Nashville neighborhood, totaling 2,183,522 SF of available office space. AmSouth acquired the slightly larger First American National Corporation in 2000 after the latter involved itself in several unprofitable mergers. Please click here for photos of UBS Tower. By submitting this form I agree to receive communications from Cushman & Wakefield.
The firm uses its integrated investment and operating capabilities to take advantage of opportunities that, at the particular time in the investment cycle, offer the most attractive returns. Tenants love UBS Tower for its unobstructed views of downtown or the Cumberland River from every office suite, efficient, column-free, rectangular shaped floor plans and its prime location with a strong transportation network. These dates are extremely late for the presence of Smilodon in the Southeast, both contemporaneous with the Dalton horizon and overlapping Paleoindian occupations along the Cumberland River by at least 1,000 years. "[15], Unfortunately, it appears that any plans to conduct additional investigations were abandoned around the time bank construction was completed. Since 1992, Shorenstein has sponsored twelve closed-end investment funds with total equity commitments of $8.8 billion, of which Shorenstein committed $723.5 million. The space has an asking rate of roughly $30/SF/YR per square foot. [19], Regions Bank and UBS maintained a display in their first floor lobby that included bones from the Smilodon and other faunal material from the site. UBS Tower is a 600,000 square foot, 29 story property located in downtown Nashville.
SAN FRANCISCO, April 6, 2021 /PRNewswire/ -- Shorenstein Properties, LLC ("Shorenstein"), an owner and operator of high-quality office, residential and mixed-use properties across the U.S., today announced that it has executed a renewal of its existing lease for UBS Tower in Nashville, Tennessee with leading global wealth manager, UBS. In the early years of the team's existence, a video was shown on the jumbotron of a computer-generated saber-toothed cat emerging from the ground beneath downtown Nashville before the team exited the locker room prior to each home game. KBS Public Relations Director
Celebrating 30 years in business this year, KBS is one of the largest investors of premier commercial real estate in the nation. More information is available at www.shorenstein.com. There is strong ongoing demand for premier office space located within walking distance to downtown amenities, and UBS Tower is well positioned to benefit from significant tenant in-migration, says Allen Aldridge, senior vice president of acquisitions, dispositions, and co-director of asset management for KBS.
KBS@thesmartagency.com, Ginny Walker nashville place Copyright Cushman & Wakefield 2022. In 1973 Time Magazine reported that the bank was "preparing to let archaeologists resume their digging. and 1690+/-115 B.P. The find of the Smilodon remains was the impetus for the logo of the Nashville Predators hockey team and their mascot Gnash. A replica of a Smilodon skull from the La Brea Tar Pits serves as the centerpiece of the display. [17][18] The next documented entry into the cave did not occur until 2008, when archaeologists from the Tennessee Division of Archaeology revisited the site. Download property flyers, brochures and documents by selecting link below. UBS Tower totals 602,312 square feet, of which 49,213 square feet is rentable. When typing in this field, a list of search results will appear and be automatically updated as you type. [7][8][9][10][11] Although Guilday may have conducted an inventory of the human remains from the site, none was ever published. (949) 438-6262 [3] Additionally, it is at the epicenter of Nashvilles entertainment and cultural centers. 800 Newport Center Drive,
Since 1992, Shorenstein has sponsored twelve closed-end investment funds with total equity commitments of $8.8 billion, of which Shorenstein committed $723.5 million.
At the crossroads of three interstate highways (I-65, I-40, and I-24), UBS Tower spans an entire block in the heart of downtown across from Public Square Park. The incredible amenity base surrounding UBS Tower consists of over 100 restaurants and a variety of fitness studios, clothing boutiques, salons, museums, art galleries, hotels, food markets, historic entertainment venues and more. UBS Tower is located at 315 Deaderick Street in the Downtown Nashville neighborhood, TN, Nashville, 37201.
Several renovations have been made to the property, including a revamped lobby, new tenant lounge, coffee bar, conference center, and fitness center, along with extensive infrastructure upgrades, making the building an attractive location for companies looking to provide their teams an amenity-rich and sustainable workplace. [20] Smilodon remains on display include portions of the lower jaw and molars, vertebral column, ribs, humerus, metacarpals, and metatarsals. Investments have included ground-up developments, asset repositioning and stabilized assets; investment structures have included asset acquisitions, mezzanine loans, preferred equity investments and structured joint ventures. It was originally called the First American Center but the name was changed when First American National Bank merged with AmSouth Bank. Built in 1972 and significantly enhanced in recent years, UBS Tower has been restored into one of Nashvilles best-in-class buildings.
The name then changed again to Regions Center when AmSouth merged with Regions. Currently, the largest rentable space at UBS Tower totals 18,675 square feet. The human remains are believed to be from the Woodland Period and originated thousands of years after the Smilodon find. "We are very pleased to continue our partnership with UBS," said Claude Esposito, Vice President, Investments Group at Shorenstein. [4] The name of the building was renamed from Regions Center to UBS Tower. This site is protected by reCAPTCHA and the Google. A number of noted archaeologists visited the site following its initial discovery, including Ronald Spores, Kent Flannery, Vance Haynes, and Edwin Williamson. NASHVILLE, Tenn.--(BUSINESS WIRE)--KBS, one of the largest investors in commercial real estate in the U.S., announces the acquisition of UBS Tower, a 29-story, 605,000 square-foot Class A office building located at 315 Deaderick Street in Nashville, Tennessee, on behalf of a large pension fund. I understand that I can opt out at any time. Fueled by ideas, expertise and dedication across borders and beyond service lines, we create real estate solutions to prepare our clients for whats next. Regions announced its move to One Nashville Place in late September 2012.[3].
This site is protected by reCAPTCHA and the Google. More information is available at www.shorenstein.com.
The building is in the epicenter of Nashville's entertainment and culture centers, with over 100 restaurants and a variety of fitness studios, clothing boutiques, salons, museums, art galleries, hotels, food markets and historic entertainment venues surrounding the property.