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News release

NASHVILLE, TN

Renaissance Tower Rebranded as CitySpace

Renovations to office property, located above the Renaissance Hotel in downtown Nashville, scheduled for completion in second quarter


NASHVILLE, Feb. 2, 2015 – The six-story, 100,000-square-foot office building that sits atop the 25-story Renaissance Hotel in downtown Nashville has been renamed CitySpace. Locally-based Elmington Capital Group purchased the office building, formerly known as Renaissance Tower, last year and is undertaking $2 million in renovations to the property’s lobby, elevators and bathrooms; the upgrades are slated for completion in second-quarter 2015.

Centric Architecture is providing architectural and design services for the renovations, and Steelhead Building Group is the general contractor. JLL’s Nashville office is the exclusive leasing agent for CitySpace; Executive Vice Presidents Tom Hooper and Bo Tyler and Associate Lauren Riegle are leading the JLL leasing team.

Elmington Capital Group decided to rebrand the property in part to increase awareness that there is office space above the Renaissance Hotel.

“For years, the market’s perception was that hotel rooms occupy the entirety of the building, when in fact the top six floors are fabulous office space” Hooper said. “The CitySpace rebranding aims to better describe the number of unmatched onsite amenities the property offers to office tenants.”

Amenities include floor to ceiling glass windows with expansive views of downtown Nashville, full service in-office catering services, large meeting rooms, an onsite full-service restaurant, a Starbucks Café, and the hotel’s concierge and valet. In addition, the building has access to some of the best parking for any downtown building, including the adjacent parking garage connected to the hotel by the sky bridge. 

CitySpace’s newest tenant, Borman Entertainment, recently moved into its 4,500-square-foot office. The property’s tenants also include Nashville’s largest public relations firm, McNeely Pigott & Fox.

CitySpace currently has immediate availability for office suites ranging from 1,268 to 10,324 square feet. A full floor suite of 18,250 square feet will be available in September of 2015.

For more updates on availabilities and construction progress for CitySpace visit www.cityspacenashville.com and follow JLL Nashville on twitter, @JLLNashville.

About JLL
JLL (NYSE: JLL) is a professional services and investment management firm offering specialized real estate services to clients seeking increased value by owning, occupying and investing in real estate. With annual fee revenue of $4.0 billion and gross revenue of $4.5 billion, JLL has more than 200 corporate offices, operates in 75 countries and has a global workforce of approximately 53,000.  On behalf of its clients, the firm provides management and real estate outsourcing services for a property portfolio of 3.0 billion square feet, or 280.0 million square meters, and completed $99.0 billion in sales, acquisitions and finance transactions in 2013. Its investment management business, LaSalle Investment Management, has $53.0 billion of real estate assets under management. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit www.jll.com.

About Elmington Capital
Elmington Capital is an investment firm focused on commercial real estate opportunities that provide income return and capital appreciation through a diverse array of strategic initiatives. Elmington primarily acquires retail, office, industrial and multi-family properties in which we identify the opportunity to add value through development, re-positioning, more effective operations or creative capitalization.

The principals of Elmington have extensive experience in the investment, development, financing, and management of commercial properties.  For more on Elmington Capital please visit www.elmingtoncapital.com.