Brennan Investment Group Breaks Ground on 210,000-Square-Foot Class A Industrial Facility Near Nashville

Brennan Investment Group has commenced construction on a 210,000-square-foot, Class A speculative industrial facility in Whites Creek, Tennessee, the firm announced Sept. 9. The multi-tenant distribution building, situated on 17 acres approximately eight miles north of downtown Nashville, is expected to be completed in the second quarter of 2027.

Project Details and Building Specifications

The rear-load facility is designed to accommodate up to five tenants, with a 260-foot building depth that allows for demising options ranging from 27,000 to 210,000 square feet. The project features 32-foot clear height, an ESFR sprinkler system, concrete tilt-wall construction, and ample trailer and employee parking.

The site sits less than a half-mile from the Interstate 24 interchange at Old Hickory Boulevard, providing direct access to Nashville's three major interstates. Brennan Investment Group describes the location as one of the last remaining industrial development sites in Davidson County, citing high barriers to entry for new industrial supply in the urban core.

"The property's immediate access to Interstate 24 and proximity to downtown Nashville will attract both last-mile and regional distribution users," said Andrew Mazey, Brennan's Senior Vice President for the Nashville and Atlanta regions. "The property is also a short 30-minute drive from Clarksville, Tennessee, one of the fastest-growing manufacturing markets in the United States. Its location between Nashville and Clarksville provides future occupiers access to two of the region's deepest and fastest-growing labor pools."

Brennan's Growing Nashville Portfolio

The Whites Creek development represents Brennan Investment Group's ninth investment in the Nashville area since 2021 and brings the firm's local portfolio to 1.5 million square feet.

"We are excited to add this development to our Nashville portfolio, marking Brennan's ninth investment in Nashville since 2021 and bringing our local portfolio to 1.5 million square feet," said Michael Brennan, Chairman and Managing Principal of Brennan Investment Group. "This development fits Brennan's strategy of developing functional, multi-tenant assets in high-growth, land-constrained submarkets throughout the United States. Given Nashville's strong demographics and high barriers to entry, Brennan intends to allocate additional capital to the region."

Chicago-based Brennan Investment Group has acquired or developed $8 billion in industrial real estate across 30 states since its founding in 2010. The firm's current portfolio spans approximately 58 million square feet across 30 states and is supported by 18 regional offices nationwide.

Market Conditions Driving Speculative Development

Kevin Brennan, Co-Founder and Chief Investment Officer of Brennan Investment Group, pointed to Nashville's industrial market fundamentals as a key driver of the investment decision.

"Nashville is a key Sunbelt logistics hub, supported by rapid population growth, rental rate growth and one of the lowest industrial vacancy rates in the U.S.," Kevin Brennan said. "There are no Class A industrial options currently available to tenants in our size range within seven miles of this project. Because of Nashville's uniquely high barriers to entry, this site is one of the last remaining industrial development sites in Davidson County."

Nashville's industrial vacancy rate stood between approximately 4.8% and 5.2% in the second quarter of 2026, depending on the survey, with sublease availability at just 0.2% of the market — its lowest level in four years. Average asking rents for logistics space in the market ranged from roughly $9.46 to $10.85 per square foot on a net basis, reflecting year-over-year rent growth in the double digits by some measures. Smaller-bay industrial product under 100,000 square feet has commanded tighter vacancies and premium rents, with some core Nashville submarkets seeing small-bay assets achieve rents around $14 per square foot.

Brennan's demising strategy — allowing the building to be divided into bays as small as 27,000 square feet — positions the project to capture demand from mid-size tenants in a segment where modern, well-located supply remains limited.

Strategic Positioning and Outlook

The Whites Creek facility is designed to serve both last-mile delivery operators and regional distribution users, given its proximity to downtown Nashville and its connectivity to the broader interstate network. Brennan Investment Group has indicated it plans to continue deploying capital in the Nashville region, citing the market's population growth trajectory, constrained land supply, and sustained demand for modern industrial space as factors supporting additional investment.

Sources

Brennan Investment Group Press Release, PR Newswire, Sept. 9, 2026