1325 Elm art

1325 Elm Hill Pike

A Spence Lane-area commercial property owned by one of Nashville’s key record label executives from the 1970-2000s has sold for $5 million, a mere two months after it was listed for sale for $4.8 million.

The new owner of the 1.65-acre property, which has an address of 1325 Elm Hill Pike and offers a 51,325-square-foot warehouse constructed in 1964, is an LLC affiliated with Granite City, Illinois-based Icon Mechanical. Icon designs and builds mechanical equipment and operates a Nashville office. It has designed and constructed for Pfizer and Zurich, among other clients.