Investment Strategy: Stabilized Asset Secondary Market
FD Stonewater purchased this 122,000 SF office, call center, and R&D facility in 2014 within the firm’s single-tenant opportunistic strategy. The facility is 100% leased to Asurion, a global provider of consumer technology insurance services. The building is located in a rapidly growing market with corporations moving to the Nashville area and a surge of new retail and residential development in process. Investment highlights include strong credit tenancy, strong area demographics, and an opportunity to acquire a net-leased asset below replacement cost. This asset is one of four properties owned by FD Stonewater in the greater Nashville area.