Pegasus Asset Management is proud to present The Parliament, a premier leasing opportunity in downtown Nashville. The Parliament is a historic and iconic masonry building situated on famed 2nd Avenue in Downtown Nashville, with the well-earned reputation as the “Soul of the City”. The offering is for all or part of the five floors of the structure (three stories above ground, plus a potential activated rooftop, and a built out lower level which has entrances facing both streets of this corner property). Once known as Market Street, 2nd Avenue has always been an enviable address for live music, restaurants, bars, and retailers, just off of Broadway with a vibe and excitement all its own, and surrounded by a myriad of hotels, apartment buildings, and office buildings.
Following the damage that occurred on the street in 2020, the City of Nashville has dedicated thought, significant funding, and resources to revitalize 2nd Avenue by creating a walker’s paradise for tourists and residents alike. Further, the City is creating a breezeway mid-block linking 2nd Avenue to the riverfront on 1st Avenue, where the City is simultaneously expending funds to revitalize and activate the riverfront. Additionally, the City is expanding the width of the 2nd Avenue sidewalks, adding outdoor seating, pedestrian crossings, and constructing other betterments, all the while maintaining 2nd Avenue’s historic character. The renaissance is on the horizon, and we are seeking an iconic brand or brands to join what promises to be the best new street in Nashville!
Andrew Cohen
Pegasus Investments
