Developer Buys South Nashville Portfolio for $2.4M
A portfolio of four industrial buildings near Geodis Park changed hands for $2.4 million, with one nearby property still on the market.
Updated on Nov. 4, 2026 in Commercial
Brett Wesnofske bought a portfolio of South Nashville industrial properties near Geodis Park for $2.4 million. The portfolio includes four buildings offering office, residential, and warehouse space.
Why it matters
The sale shows continued investor interest in mixed-use industrial buildings in South Nashville. The sellers paid a combined $3.52 million across three transactions for the sold properties and a remaining property, which means the portfolio sold below their collective purchase price.
The sale price of $2.4 million covers four buildings, versus the $3.52 million the sellers paid across three transactions, two in 2021 and one in 2017. Whether other businesses besides Aera Systems operate from the site has not been confirmed.
The players
Brett Wesnofske
Wesnofske is the new owner of the sold properties and seemingly owns La Vergne-based excavation company Sunrise Contracting.
Stream Realty
Stream Realty is a Nashville commercial real estate firm whose agents Ben Dotye and Robby Davis marketed and sold the properties for the seller.
Compass Real Estate
Compass Real Estate is a national brokerage whose agent Rick Deckbar represented the buyer in the transaction.
The details
The buildings sold are at 2101 Gladstone Ave. and 2105-2111 Gladstone Ave., and Aera Systems, a modular home-building company, operates from the 2107 Gladstone building. A property at 2101 Dunn Ave. was part of the original listing and remains for sale.
Timeline
2017: Sellers completed one of three property purchases.
2021: Sellers completed two of three property purchases.
Market Landscape
Industrial and mixed-use parcels near Geodis Park have drawn buyers as South Nashville continues to develop. This portfolio sold below the sellers' 2017 and 2021 purchase prices, a pattern that reflects how values have shifted for older commercial buildings in the area.
Nashville businesses and tenants in South Nashville industrial space may see new ownership and changing leasing terms as properties change hands. Residents near Geodis Park may notice ongoing redevelopment as investors buy older buildings.
The takeaway
Commercial property sales near Geodis Park show that older industrial buildings are still attracting buyers willing to pay for mixed-use space. Business owners considering a move in South Nashville should watch how values and ownership shift in the area.
Further reading
Explore more Nashville commercial real estate stories for context on local property trends.
Source note: This article includes information reported by Nashville Post.
