Northwood Investors is the owner of the 112,292-square-foot office building.
Ampersand Studios, a Miami-based flexible workspace provider, has signed an 11-year, 26,124-square-foot lease for a coworking location in Nashville, Tenn. The space is part of 1030 Music Row, a 112,292-square-foot boutique office building recently purchased by Northwood Investors for $55.2 million, according to CommercialEdge data. Vice President Brian Casey of Colliers Nashville brokered the transaction for the tenant.
The commitment marks Ampersand’s second coworking location, besides its flex office space in Miami. The new premises offers private offices, dedicated workspaces, virtual offices, meeting rooms, as well as access to creative studios and collaboration areas, designed for entrepreneurs, creators and dynamic companies. The content-creator membership offers access to production studios, rental equipment, equipped content rooms and vinyl backdrops.
Located at 1030 16th Ave. S, within the Music Row neighborhood, the coworking space is less than a mile from interstates 40 and 65. Numerous dining and entertainment options are within walking distance of the property, while downtown Nashville is roughly 2 miles away.
The high demand for flexible workspaces in the current hybrid-work dynamic continues to accelerate the expansion of the coworking market. A few months ago, Serendipity Labs also opened a new flex office space at L&C Tower in Nashville.
