Iconic Nashville property, Pilcher Building, hits the market

ATLANTA, Dec. 16, 2025 –  JLL Capital Markets announced that it has been exclusively retained to market the sale of the Pilcher Building, a 38,684-square-foot multi-use property located at 144 2nd Ave. N in the heart of Nashville's iconic Broadway entertainment district.

The property represents a rare opportunity to acquire a generational asset in downtown Nashville, one of the most dynamic and sought-after submarkets in the United States. Built in 1900 and extensively redeveloped in 2018, the Pilcher Building offers investors exceptional growth and value-creation potential through its diversified income streams from luxury short-term rentals, office and retail tenants.

Current tenants include Boot Barn Holdings, Travel + Leisure Co., Liquor Lab and Creed Investment Co. The building also has three luxury Pilcher Lofts short-term rental units that have earned recognition as the #1 Airbnb in downtown Nashville by Time Out magazine and has housed numerous high-profile guests including the following: Maren Morris, Derek Henry and Taylor Lewan.

The five-story building is zoned DTC, which allows for multiple uses including residential multifamily, short-term rental, hotel, office, retail, restaurant, bars and more, proving full optionality for a future owner.

JLL Capital Market’s Investment Sales and Advisory team is led by Managing Director Brad Buchanan and Senior Managing Director Jim Hamilton.

JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The firm's in-depth local market and global investor knowledge delivers the best-in-class solutions for clients — whether investment sales and advisory, debt advisory, equity advisory or a recapitalization. The firm has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.

For more news, videos and research resources, please visit JLL’s newsroom.

For over 200 years, JLL (NYSE: JLL), a leading global commercial real estate and investment management company, has helped clients buy, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties. A Fortune 500 company with annual revenue of $23.4 billion and operations in over 80 countries around the world, our more than 113,000 employees bring the power of a global platform combined with local expertise. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAY^SM. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.