FirstBank Inks One of the First Big Post-Coronavirus Leases in the Music City
GBT Realty handled the principal tenant for its most up to date office venture in downtown Nashville.
FirstBank will be taking about 52,000 square feet in the ONE22ONE tower, which is set to convey in mid-2022. The lease likewise gives FirstBank essential rights to an extra 50,000 square feet of room in the tower if the firm chooses it needs to grow office space later.
The lease by FirstBank brings preleasing for the tower up to 16%, as indicated by CoStar information.
Be that as it may, there is still a great deal of accessible space in progress across downtown. About portion of the 4.8 million square feet under development is as yet accessible for rent. On the off chance that the entirety of this space conveys without occupants, opening over the urban center could ascend to almost 20%.
Fortunately the vast majority of this pipeline isn’t required to convey until 2021 or later, giving owners and office brokers time to secure tenants before the building comes available.
Commercial Real Estate Amid COVID-19
Amid the coronavirus pandemic, GBT is incorporating a number of features into ONE22ONE to help reduce the spread of illness and virus transmission for both tenants and visitors. In a recent press release, the company stated, “ONE22ONE is designed from the ground up for the post COVID-19 environment with considerations made at every level to mitigate the spread of viruses of any kind.”
Some of the features include floor-specific HVAC systems to reduce contamination between floors, thermal scanning technology in the lobby and UV lights in common areas to reduce microbial growth on surfaces. Additionally, in an attempt to provide near-touchless access to the building and to highly trafficked areas, ONE22ONE will also feature hands-free faucets and soap dispensers, toe pulls on bathroom doors and a mobile phone app that provides hands-free access to parking, elevators and doors.
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