Smyrna Distribution Center

Smyrna Distribution Center

A Florida investment and asset management company with more than $15 billion in total transaction volume has paid $26.4 million for a Smyrna warehouse that sold three years ago for $19.5 million.

According to a press release, Boca Raton-based IP Capital Partners LLC now owns Smyrna Distribution Center, at 2699 Highwood Blvd. This is the company's first Nashville purchase (though it owns a property in Memphis).