501 Great Circle

OPPORTUNITY ZONE
Memphis, TN
194,000 SF

Located in Nashville’s MetroCenter, just north of Downtown, 501 Great Circle takes advantage of the federal Qualified Opportunity Zone program to capture unprecedented tax benefits for investors. Prior to closing on the 109,000 SF office building in 2019, SomeraRoad leveraged our market knowledge and relationships within Nashville to execute a lease with integrated sales and marketing technology platform JumpCrew for 56% of the building to bring us to 100% occupancy with a WALT of 6.92. Aegis, a leading laboratory science company that specializes in healthcare and forensic testing, operates in the remaining 44% of the building. Since closing, our team at Core Construction Services has worked with JumpCrew to design and buildout a modern, state-of-the-art open planned office space that is excellently suited for their quickly growing operation. For Aegis, Core has added additional laboratory space that has been valuable in the company’s role as a leading COVID-19 testing agent in Tennessee.

Property Video
Deal Team

SomeraRoad:
Joe LeMense

Architect:
LRK

General Contractor:
Grinder Taber Grinder

Leasing Inquiries

Property Manager:
Boyle