Super-regional shopping center in Nashville’s most affluent market trades hands

ATLANTA, Mar. 28, 2025 –  JLL Capital Markets announced today that it has secured the sale of Brentwood Place Shopping Center, a 318,952-square-foot regional shopping center in the Brentwood neighborhood of Nashville, Tennessee.

JLL worked on behalf of the seller, Swift Creek Partners. The buyer was Regency Centers.

Located at 330 Franklin Rd., Brentwood Place Shopping Center is strategically positioned in Brentwood - Nashville's most affluent submarket with extremely high barriers to entry. The center's prime location offers convenient access to Downtown Nashville, just seven miles away and benefits from its nearness to I-65, which experiences a high daily traffic volume of over 168,000 vehicles.

Brentwood boasts an impressive average household income of $224,655 within a three-mile radius and an exceptionally educated customer base with over 77% holding a Bachelor's degree or higher. The prestigious neighborhood is home to notable residents including Taylor Swift, Dolly Parton, Tim McGraw and Faith Hill and is home to the top two public high schools in the state, further underscoring the area's desirability and high-quality living standards.

Brentwood Place Shopping Center, established in 1973 and renovated in 2016, spans an impressive 29.94 acres and maintains a robust 95% occupancy rate. The center boasts a diverse mix of notable, high performing tenants including HomeGoods / T.J. Maxx, Nordstrom Rack, Chick-fil-A and Total Wine, while offering significant value creation potential through various mark-to-market opportunities.

JLL Capital Market’s Investment Sales and Advisory team representing the seller was led by Senior Managing Director Jim Hamilton and Managing Director Brad Buchanan.

"Brentwood Place Shopping Center exemplifies the enduring appeal of well-positioned retail assets in affluent submarkets," said Hamilton. "The strong investor interest we've seen in this property underscores the continued demand for high-quality shopping centers with diverse tenant mixes and significant value-add potential, particularly in thriving markets like Nashville."

JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The firm's in-depth local market and global investor knowledge delivers the best-in-class solutions for clients — whether investment sales and advisory, debt advisory, equity advisory or a recapitalization. The firm has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.

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