Shorenstein Investment Advisers has expanded its Nashville office portfolio with the acquisition of the Moore Building, a recently delivered office tower in the city’s Music Row district. The 16-story property totals 245,826 square feet of office space and was sold by Portman Holdings. The transaction adds another newly built, amenity-rich asset to Shorenstein’s holdings in the market and continues the firm’s recent investment momentum in the city.
The Moore Building is located at 827 19th Ave. S., within Music Row, one of Nashville’s most recognizable office and creative districts. Portman, together with Creed Investment Co., delivered the building in 2023. The office development includes a fitness center, conference rooms, indoor and outdoor lounges and 8,500 square feet of ground-floor retail space, positioning the asset as a modern workplace option within a prominent neighborhood.
Tenant demand at the property includes a substantial lease by social media company TikTok, which rents 143,000 square feet in the building. That footprint represents a significant share of the Moore Building’s total office area and underscores the building’s appeal to major corporate users seeking new construction and a central Nashville location. The combination of contemporary amenities and a notable technology tenant supports the building’s role as a core office asset within Music Row.
The Moore Building purchase is Shorenstein’s fourth office investment in Nashville, highlighting the firm’s ongoing interest in the market’s office sector. The acquisition follows Shorenstein’s recent purchase of a 330,000-square-foot building in the Gulch Union district for $217 million, further concentrating its exposure in the city’s newer, high-profile submarkets. Together, these investments illustrate continued capital allocation into modern office assets in urban Nashville neighborhoods.
Within the broader market context, the Moore Building trade arrives after what was described as the last big office sale in Nashville, completed in May. In that earlier transaction, Highwoods Properties sold Bridgestone Tower, a 522,000-square-foot office building, for $255 million, or $488.5 per square foot. While separate from Shorenstein’s acquisition, that deal provides an additional reference point for large-scale office investment activity in the city and indicates that sizable, institutional-quality assets can still attract capital.
For owners and investors tracking Nashville’s office market, the Moore Building sale, Shorenstein’s prior Gulch Union purchase and the earlier Bridgestone Tower transaction collectively demonstrate that newer, well-amenitized office buildings in central districts such as Music Row and Gulch Union remain actively traded. These trades also underscore the role of large corporate occupiers, including technology and consumer-facing brands, in anchoring demand for recent-vintage office inventory in the market.
