Nashville, TN - February 6, 2026 - Greystar, a global leader in rental housing, investment management, development, and property management today announced the successful land closing in partnership with Whitman Peterson for Mount Juliet Logistics, a new Class A shallow-bay industrial development, expanding the firm's presence in the greater Nashville industrial market.
Located at 1271 East Division Street in Wilson County, Tennessee, the development will consist of a single Class A industrial building totaling 183,971 square feet on an 11.9-acre site within the East-Wilson County submarket of the Nashville market.
Mount Juliet Logistics is designed to accommodate a wide range of users with tenant size flexibility ranging from approximately 20,000 square feet up to a full-building user. Positioned within Wilson County, the site offers convenient access to Interstate 40, Nashville International Airport (BNA), and the greater Nashville region.
The rear-load facility will feature 32-foot clear heights, 130-foot deep fully circulating truck court, 7,500 square feet of outdoor storage space, and 2 site entrances and exits. Additionally, the building is designed with 26 dock-high doors in place, 24 additional dock door knockouts for future use, two drive-in doors, and four trailer parking spaces. Planned car parking totals 194 spaces, equating to a 1.05 per 1,000 square feet parking ratio. Office build-out is estimated at approximately 2,200 square feet, subject to final design.
"Mount Juliet Logistics aligns with our ongoing efforts to develop industrial space in markets supported by strong infrastructure and long-term growth," said Eric Berger, Development Associate at Greystar. "Demand for industrial facilities across the Nashville region remains active, and this location offers the flexibility to serve a broad range of users."
CBRE Nashville has been retained as the leasing broker for the development. Groundbreaking is expected later this month, with delivery expected in Q2 2027.
About Greystar
Greystar is a leading, fully integrated global real estate platform offering expertise in property management, investment management, development, and construction services in institutional-quality rental housing. Headquartered in Charleston, South Carolina, Greystar manages and operates over $300 billion of real estate in over 260 markets globally with offices throughout North America, Europe, South America, and the Asia-Pacific region. Greystar is the largest operator of apartments in the United States, managing more than one million units/beds globally. Across its platforms, Greystar has over $79 billion of assets under management, including approximately $36 billion of development assets and over $30 billion of regulatory assets under management. Greystar was founded by Bob Faith in 1993 to become a provider of world-class service in the rental residential real estate business. To learn more, visit www.greystar.com.
About Whitman Peterson
Whitman Peterson ("WP") is an institutional real estate investment company, making and actively managing opportunistic real estate investments on behalf of institutional investors. The firm focuses on highly strategic GP-aligned partnerships with some of the nation's top vertically integrated real estate companies in its target sectors. WP and Greystar have been strategic partners since WP's formation in 2010 and have invested together in more than 175 asset-level investments, across multifamily, active adult, student, and logistics strategies. WP and Greystar have capitalized and developed over 7.5M square feet of warehouse and logistics space together, representing over $1.1B in total capitalization. Across all Whitman Peterson's funds and GP-aligned partnerships, the firm has made more than 300 investments, in transactions involving more than $30B of total capitalization. Whitman Peterson is headquartered in the Greater Los Angeles area. For more information, please visit https://www.whitmanpeterson.com/.
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