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NASHVILLE, TENN. — CBRE has arranged the sale of Broadstone SoBro, a new 226-unit community in Nashville’s SoBro neighborhood. The name SoBro is shorthand for “South of Broadway.” AND Asset Management purchased the asset from an undisclosed seller for $78.5 million. CBRE’s Brett Carr, David Smithwick and Shea Campbell represented the seller in the deal.
Broadstone SoBro was completed in 2022 and rises eight stories. The first three floors include the parking structure, and the top five floors comprise the residential component. Units come in studio, one- and two-bedroom floor plans averaging 780 square feet in size. Amenities include a sky lounge, pool, fireplace lounge, -working space, a fitness center and package concierge system.