Downtown Nashville’s skyline just cashed in. Highwoods Properties has sold Bridgestone Tower, the 30-story office high-rise that anchors the SoBro district, in a deal valued at $255 million. Delivered in 2017 as Bridgestone Americas’ headquarters, the building was fully leased at the time of the sale and ranks among the largest single-asset office trades the city has seen in recent years.
According to the Nashville Business Journal, Highwoods closed the transaction at $255 million, a price the outlet reports is the second-largest office sale in Music City history. The deal stands out in a season of markdowns and redevelopment pitches, bucking a recent trend of distress-priced sales and conversion plays around town.
Building details
Bridgestone Tower spans roughly 514,000 square feet across 30 stories, developed by Highwoods in 2017 as a build-to-suit headquarters for Bridgestone Americas. The company’s property listing highlights the tower’s LEED certification and prime downtown location, features credited with helping support its premium valuation, according to Highwoods Properties.
Where the market is headed
The sale underscores a widening split in Nashville’s office market. Top-tier, well-leased downtown towers are still attracting institutional buyers, while older or less central buildings trade at discounts or get shopped around for new uses. A market report notes that much of the city’s recent office sales volume has been “distressed and recapitalization-driven,” even as newer product posted positive absorption in 2025, a combination that helps explain why trophy assets continue to command rich pricing, according to Colliers…