Lovett Industrial Acquires 10.39 Acres for First Nashville Project
Lovett Industrial, a Houston-based real estate investment firm, has announced its expansion into the Nashville market with the acquisition of 10.39 acres of prime industrial land in Hendersonville, Tennessee. The firm plans to develop Innovation Way Logistics Center, a state-of-the-art Class A industrial logistics facility. This marks Lovett Industrial’s inaugural industrial development in the greater Nashville area, reinforcing its strategic commitment to expanding its national footprint in high-growth logistics markets.
A Strong Investment in a Growing Market
Ben Swift, East Region Market Leader at Lovett Industrial, emphasized the strength and resilience of the Nashville industrial market, stating, “The greater Nashville industrial market remains one of the strongest in the country, bucking the trends of many other markets over the last year. With a vacancy rate in the mid-3% range and shrinking amounts of new supply, coupled with the metro’s growth outpacing that of much of the rest of the country and its strategic location to serve the larger Southeast population, we see Nashville as a market where tenant demand will continue to outpace supply. We look forward to delivering much-needed shallow bay product and continuing to grow our presence in this market.”
Nashville’s logistics and industrial sector has been experiencing remarkable growth due to its strategic location, robust infrastructure, and expanding population. The city serves as a vital distribution hub for businesses targeting markets across the Southeast. Lovett Industrial’s move into this space aligns with broader industry trends as companies seek modern, well-located industrial facilities to optimize supply chain efficiency.
Project Details and Features
Innovation Way Logistics Center is designed as a cutting-edge industrial logistics hub catering to modern supply chain needs. The facility will feature:
- Total Building Size: 107,500 square feet
- Building Depth: 215 feet
- Clear Height: 32 feet
- Dock-High Doors: 29
- Drive-In Doors with Ramps: 2
- Truck Court: 130 feet
- Parking Spaces: 120
The facility’s layout is optimized for efficient operations, with ample dock access, a high clear height to accommodate racking systems, and spacious truck courts designed to streamline freight movement.
Groundbreaking for the Innovation Way Logistics Center is scheduled for July 2025, with an anticipated completion date of June 2026. Once completed, the project is expected to attract a range of tenants, from e-commerce companies and third-party logistics providers to regional distribution operations.
Prime Location with Strategic Access
The property’s location along New Shackle Island Road provides direct connectivity to major transportation routes, including Interstate 65 and U.S. Highway 31E, positioning it as an ideal last-mile distribution center. With seamless access to key logistics corridors, the facility will be well-suited to serve businesses looking to enhance delivery efficiencies within the Nashville metro area and the broader Southeast region.
Nashville’s industrial market has seen increasing demand for well-positioned logistics facilities as companies seek proximity to consumers, suppliers, and transportation networks. This demand is further amplified by the region’s economic expansion, rising e-commerce activity, and strong labor market, all of which create a favorable environment for industrial real estate development.
Strategic Leasing and Development Partners
To ensure the successful lease-up of Innovation Way Logistics Center, Lovett Industrial has partnered with Stream Realty Partners, a leading commercial real estate services firm. Marketing and leasing efforts will be exclusively managed by Griffin Farriss, Bradley Worthington, and Andrew Fletcher, all of whom bring extensive experience in industrial leasing and tenant representation.
The development team includes Powers Brown Architects, an architectural firm recognized for its expertise in industrial design, and Kimley Horn & Associates, a renowned civil engineering firm. Together, these industry leaders will help bring Lovett Industrial’s vision for Innovation Way to life, ensuring a high-quality, functional, and sustainable industrial space.
The Future of Industrial Development in Nashville
Lovett Industrial’s entry into the Nashville market underscores the city’s growing appeal as a top-tier logistics hub. The combination of strong economic fundamentals, population growth, and increasing demand for high-quality industrial space positions Nashville as a key market for future industrial expansion.
Innovation Way Logistics Center represents more than just a new development—it is a strategic investment in the region’s infrastructure and economic vitality. As businesses continue to seek modern, well-located facilities, Lovett Industrial’s presence in the market is expected to contribute to Nashville’s continued growth as a logistics and distribution powerhouse.
With a focus on delivering innovative, high-quality industrial spaces, Lovett Industrial is well-positioned to meet the evolving needs of tenants while creating long-term value for investors and stakeholders. As groundbreaking approaches, the firm remains committed to executing its vision and expanding its footprint in one of the nation’s most dynamic industrial markets.
