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Brentwood, Tenn. — Regency Centers has acquired Brentwood Place Shopping Center, a 318,952-square-foot retail center located in the Nashville suburb of Brentwood. According to the Nashville Business Journal, the center sold for $118.5 million.
The property — which is 95 percent leased — comprises more than 100,000 square feet of retail space. Retailers such as Nordstrom Rack, Total Wine & More, T.J. Maxx/HomeGoods and Golf Galaxy anchor the center.
Brentwood Place is adjacent to the site of the future 350,000-square-foot Vanderbilt Medical Campus.
Jim Hamilton and Brad Buchanan of JLL Capital Market’s Investment Sales and Advisory team represented the seller, Swift Creek Partners, in the transaction.