March 16, 2022
Polsinelli recently represented Tricera Capital and Merrimac Ventures in the $50.5 million acquisition of L&C Tower at 401 Church Street in Nashville, TN. The transaction, closing March 11, 2022, marks both firms' entry into the Nashville market. 

L&C Tower was built in the 1950s, and it is considered Nashville’s first modern skyscraper and a catalyst for the city’s skyline. It was one of the Southeast’s tallest buildings until the mid-1960s.The seller, CIM group, acquired the building in 2015 for $29.75 Million.

Extensive renovations are planned for the 31-story property, including the addition of move-in-ready office suites to allow speedy tenant attraction and to hasten lease-up rates. The building already includes a tenant roster featuring Warby Parker, Serendipity Labs, CJ Advertising, Complex Media, and Vardiman Black.

The Polsinelli team was led by Shareholders Eric Greenfield, Patrick Elder, Daniel Valsamopoulos, and Louis Rubin and included Associate Daniel Ross.

About Polsinelli

Polsinelli is an Am Law 100 firm with 950 attorneys in 21 offices nationwide. Recognized by legal research firm BTI Consulting as one of the top firms for excellent client service and client relationships, the firm’s attorneys provide value through practical legal counsel infused with business insight, and focus on health care, financial services, real estate, intellectual property, middle-market corporate, labor and employment and business litigation. Polsinelli PC, Polsinelli LLP in California.