The office component of mixed-use Midtown high-rise Loews Vanderbilt Plaza has sold for $34 million to a company that has purchased multiple high-profile buildings in Nashville the past five years.
The new owner of the specific segment of the 12-story building, located at 2100 West End Ave. and also offering hotel space, is Pennsylvania-based Stoltz. Founded in 1957, that company (alternatively known as Stoltz Real Estate Partners) also owns The Sheds on Charlotte and downtown’s ServiceSource Tower and Public Square Garage. Stoltz entered the Nashville market in 2016 by buying downtown’s Stahlman and The Lofts at 160 apartment buildings.
The seller was an LLC affiliated with Loews Nashville Hotel Corp., which seemingly still owns the part of the tower that includes Loews Vanderbilt Hotel and the retail space home to Ruth's Chris Steak House. An alternative name for the high-rise is Vanderbilt Plaza Office Building.
Vanderbilt University operates some offices at the tower, which opened in 1984 and was designed by Nashville-based ESa. At 170 feet, the modernist building is one of Midtown’s tallest structures. The office component is housed in the tower's west (left) half, with the hotel in its east (right) section.
Loews Corp. is based in New York.