Lincoln Property Acquires 377K SF Park 109 Industrial Portfolio in Lebanon

Lincoln Property Co. has acquired Park 109, a 377,529-square-foot Griffin Partners-developed industrial portfolio at 25-55 Genesco Parkway in Lebanon.

Aerial view of the completed Park 109 industrial park in Lebanon, Tennessee
Aerial view of the completed Park 109 industrial park in Lebanon, TennesseeImage via Griffin Partners

Lincoln Property Co. has acquired Park 109, a 377,529-square-foot industrial portfolio at 25-55 Genesco Parkway in Lebanon, developed by Griffin Partners. The transaction was recorded as completed December 31, 2022.

Building D at Park 109, 55 Genesco Parkway
Building D at Park 109, 55 Genesco ParkwayImage via Griffin Partners
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The portfolio, previously tracked under a Metro Nashville address, sits along the Genesco Parkway corridor, which has drawn industrial development as the Nashville region's logistics and distribution market expands eastward along Interstate 40.

Loading dock facade at Park 109
Loading dock facade at Park 109Image via Griffin Partners

The acquisition adds to Lincoln Property Co.'s industrial holdings in the region. The property sits near I-40, roughly 30 miles east of downtown Nashville.

Interior warehouse space at Park 109
Interior warehouse space at Park 109Image via Griffin Partners
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Park 109Completed
Address
25-55 Genesco Parkway, Lebanon, TN 37090
Sq Ft
377,529
Completion
Dec 30, 2022

The Project File tracks every fact, change, company, and article we have on this development, completed as of our latest research.