### WestPark Partners Acquires and Rebrands Distressed Nashville Office Building
WestPark Partners has purchased a Maryland Farms office building at a significant discount, following a foreclosure auction last month. The group acquired the five-story WestPark Building for $6.3 million, reflecting an $18.57 million drop from its 2013 sale price.
The previous owner, First National Bank of Tennessee, took possession of the property through foreclosure from Crestview Funds.
Located at 111 Westwood Place, the building was constructed in 1982 and offers nearly 100,000 square feet of office space on a 5.14-acre lot. The property, situated just south of Nashville, has been vacant since late 2024.
WestPark Partners is now rebranding the property as **WestPark Exchange** and is in the early stages of planning renovations.
The investment group includes CET Holdings along with additional partners. Their past development projects range from the **Branch Creek Office Park in Franklin** to the **Neo Nashville boutique hotel** and **Seven at 7 Mile Creek Apartments in Nashville**.
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Steve Griffin is based in sunny Palm Harbor, Florida. He’s an accountant by profession and the owner of GRIFFIN Tax (www.griffintax.com) and REVVED Up Accounting (www.revvedupaccounting.com). In addition, Steve founded Madison Avenue Technology (www.madisonave.tech). With a strong passion for commercial real estate, he’s also dedicated to keeping you up to date with the latest industry news.
