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TPG bets $156 million on Nashville industrial growth

CMBS debt to fund pending acquisition of 13-property portfolio
TPG Real Estate is under contract to acquire a 13-property industrial portfolio that includes 501-550 Space Park N. in Goodlettsville, Tennessee. (CoStar)
TPG Real Estate is under contract to acquire a 13-property industrial portfolio that includes 501-550 Space Park N. in Goodlettsville, Tennessee. (CoStar)
CoStar News
August 13, 2025 | 8:50 P.M.

TPG Real Estate, an alternative investment giant with $13 billion in dry powder to spend on commercial real estate, has struck a $156.2 million deal to acquire 13 industrial properties in Nashville, Tennessee's booming Goodlettsville suburb, targeting a market with robust leasing demand.

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