Highwoods Properties sold Bridgestone Tower, a 513,000 square foot office tower in Nashville, for $255 million. This property is 100% leased and is projected to generate approximately $17 million of annual cash in 2026. Eastdil Secured advised the seller on this transaction.

Drawbridge Realty was the buyer of the 30-story, Class AA office tower. The property was developed as a build-to-suit for Bridgestone Americas and delivered in 2017. The property is fully leased to Bridgestone, the tire and rubber company.

Bridgestone Tower is positioned in Nashville’s central business district, within walking distance of Broadway, Bridgestone Arena, the Music City Center, and the Country Music Hall of Fame.

With the addition of Bridgestone Tower, Drawbridge has acquired more than $740 million in assets in the last 12 months, totaling over 1.1 million square feet.

Drawbridge Realty has extended a 60,002-square-foot lease at 170 Rose Orchard Way in San Jose to Beckman Coulter, Inc., a developer and manufacturer of biomedical testing products. The tenant is a subsidiary of publicly traded Danaher Corporation.

“We’re delighted to be able to extend Beckman Coulter’s lease for an additional 10 years,” said Mike Embree, managing director and SVP, Drawbridge Realty. “This will maintain 100% occupancy at our Rose Orchard campus. Beckman Coulter conducts important work in diagnostics and life science, and we are happy to support the continuity of that work.”

Drawbridge Realty acquired Rose Orchard, a five-building office/R&D campus totaling 315,000 square feet, in 2019. The property has been 100% leased since June 2023, when global semiconductor company NXP signed a long-term lease for 40,050 square feet.

Beckman Coulter was represented in lease negotiations by Christopher Shepherd of CBRE. Steve Horton, Colin Feichtmeir, and Kelly Yoder of Cushman & Wakefield represented Drawbridge Realty.