Ampersand Studios Opens Nashville Coworking Location
The firm signed an 11-year lease at the recently completed building in Music Row.
Miami-based flexible office provider Ampersand Studios has opened a 26,000-square-foot coworking location in Nashville, Tenn. The firm signed an 11-year lease with Northwood Investors at 1030 Music Row in November 2022, the agreement being brokered by Colliers.
Ampersand will occupy the building’s second floor. The location will feature private offices for teams between two and 25 members, along with creative spaces, such as a content room, a casting studio, a photography studio, video production studios and production offices. Elmington Capital is another tenant at the property, according to CommercialEdge data.
Completed in 2022, the five-story property is Nashville’s first mass timber sustainable office building. It spans 126,000 square feet and features 26,000-square-foot floorplates. Northwood acquired the asset last year for $55.2 million, the same source shows. Located at 1030 16th Ave. S. within the Music Row neighborhood, the building sits some 2 miles from downtown Nashville, in an Opportunity Zone.
As of February, Nashville had 629,000 square feet of confirmed coworking space and 1.4 million square feet of allocated space across 69 locations, representing 2.4 percent of the total rentable office space, according to a CommercialEdge market update. Serendipity labs recently expanded its footprint in the metro, opening a new 33,000-square-foot flex office location.
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