March 28, 2019

WeWork to take space at Capitol View

Nashville Post

Service business will join HealthStream in soon-to-open office tower

Officials with New York-based WeWork parent The We Company announced Thursday their third location in Nashville will be at Capitol View, with the space to span about 65,000 square feet across two floors at a soon-to-open building to be anchored by HealthStream.

The office will open this fall, according to release. The 10-story building spans 300,000 square feet and will be joined by an adjacent parking garage and a Hampton Inn & Suites hotel.

To open May 1, HealthStream will take 65,000 square feet (the top two floors) on a 10.5-year lease.

WeWork already has a presence downtown at One Nashville Place and an office in East Nashville at The Wabash building.

“WeWork Capitol View will be located in the heart of Nashville in a dynamic, urban area where our members can take advantage of walkability and public transportation amid some of the city’s best in living, retail, entertainment and more,” Bobby Condon, WeWork Southeast general manager, said in the release. “We look forward to continuing to expand here, further fueling the city’s vibrant, entrepreneurial spirit by connecting local businesses to more than 400,000 WeWork members in over 100 cities across the globe.”

Boyle Nashville partner Thomas McDaniel represented the landlord (an entity that includes Northwestern Mutual) on the lease. Jason Holwerda and Shelby Hall of Foundry Commercial represented WeWork.

“With the announcement of employers such as Amazon moving to Nashville, WeWork Capitol View will provide flexible office and workspace to new Nashville employers, residential tenants and other businesses at Capitol View,” McDaniel said. “The district is growing quickly, and WeWork will be a valuable component in continuing that growth.”

The 32-acre Capitol View, which eventually will offer 1.1 million square of office space, is home to Pinnacle Financial Partners, LifeWay Christian Store, M.L.Rose, Your Pie, Starbucks, Club Pilates, SVM Boutique, Jón Alan Salons, First Advantage Bank, Sercy + Co., and Valerie Boutique. Other retailers lined up include Publix, Central BBQ, Clean Juice and CareNow.

The office component of The Residences at Capitol View (a 378-unit luxury apartment, office and retail building) is fully leased, McDaniel said.

Capitol View sits within the North Gulch. It is a joint venture between Capitol View is a joint venture between Northwestern Mutual, Boyle Investment Co. and Northwood Ravin.