Global player pays $10.2M for industrial building

A North Davidson County industrial building home to fintech company Fiserv has sold to a global player for $10.2 million — almost twice the figure for which the property last changed ownership hands almost five years ago.

According to a release, the new owner of the 4.26-acre property is Bridge Net Lease, which is affiliated with Salt Lake City-based Bridge Investment Group. Bridge had approximately $36.3 billion of assets under management as of 2021’s end. It owns Franklin apartment property Somerby, according to the company website.