Forstone Capital completes transformation of 3040 Sidco in Nashville

Forstone Capital today announces the completion of its adaptive reuse project at 3040 Sidco, a 167,988-square-foot creative, Class-A office building in Nashville, which formerly served as an industrial warehouse. JLL Managing Director Bill Adair, Executive Vice President Sarah Pettigrew and Vice President Ashley Marshall are handling marketing and leasing efforts for the building on behalf of the owner, Forstone Capital.

Now available for lease, 3040 Sidco features collaborative work spaces ranging from 25,000 square feet to 165,634 square feet. The adaptive reuse development now features a full range of best-in-class amenities, including a fitness center with locker rooms, coffee bar, game room, collaboration space, an indoor/outdoor plaza and a new onsite parking deck.

“The revitalized 3040 Sidco brings together all of the elements that are important to the modern workforce,” says JLL’s Adair. “The building gives companies the opportunity to take advantage of creative, strategically located, amenity-rich office space. 3040 caters to any tenant looking to attract and retain talent in the Nashville market.” 

3040 Sidco is minutes from Downtown Nashville and is located in the market’s highly desirable I-65 corridor, one of the fastest growing metro regions in the country. Featuring unmatched access to and from the property, 3040 Sidco is also in close proximity to a dense talent pool, major residential areas and amenities, including Berry Hill, Wedgewood Houston and several dining, retail and entertainment options at One Hundred Oaks Mall.

“We saw an incredible opportunity to transform 3040 Sidco into a creative office solution that meets the post-pandemic needs of employers and employees alike,” says Brandon Hall, principal at Forstone Capital. “Our vision for the project was focused on transforming the unused facility into a state-of-the-art office building with a competitive amenity package, while also preserving the unique history and architectural elements of the space.”

According to JLL’s Q3 Office Insight, Nashville’s development pipeline remains strong, with over 1.8 million square feet currently under construction across the metro. With 340,000 square feet of new leases signed last quarter, activity is approaching pre-pandemic levels as users continue to display confidence making real estate decisions in the market.