WestPark Partners recently acquired a prime office building in Maryland Farms at a significantly reduced price. The five-story WestPark Building was purchased for $6.3 million through a foreclosure auction, resulting in an $18.57 million loss from its previous sale in 2013 by First National Bank of Tennessee, who had obtained it from Crestview Funds.
Located at 111 Westwood Place and constructed in 1982, the building boasts nearly 100,000 square feet of office space on a spacious lot spanning over five acres just south of Nashville.
Under new ownership and rebranded as Westpark Exchange, the property has been vacant since late 2024 but is now undergoing early planning stages for renovations to revitalize its appeal.
Westpark Partners consists of CET Holdings and other partners who have successfully developed projects such as Branch Creek Office Park in Franklin, Neo Nashville boutique hotel and Seven at Mile Creek Apartments also located within Nashville’s bustling city limits.
