Speculative facility is first at The Cubes at Sparta Pike industrial park

CRG, the national real estate development and investment firm, today announced it has broken ground on the first building at The Cubes at Sparta Pike, a 198-acre industrial park in Lebanon, Tenn. Construction is expected to be completed in early 2026.

Known as Building B, the new 520,000-square-foot Class A speculative facility is the first of four buildings in The Cubes at Sparta Pike master-planned industrial park. The park is designed to accommodate users from 250,000 square feet up to 1.4 million square feet, meeting the continued demand for industrial space in the Nashville area. Building B will feature 40-foot clear heights, extra-wide staging bays with grade-level doors, deep truck courts, ample trailer storage, car parking, ESFR sprinklers and high-efficiency LED lighting.

“Nashville’s Class A industrial space is severely limited, and a lack of new-construction starts paired with consistent demand in leasing creates a great opportunity to start this new project,” said Kevin Scott, senior vice president and partner, Ohio Valley Region, at CRG. “The Cubes at Sparta Pike will appeal to a wide array of users whose modernized supply chain and workforce require a best-in-class facility.”

Nashville’s industrial vacancy rate was 4.74% in the first quarter, according to Lee & Associates, well below the national average of 7.0%. Tenant demand in 2025 remains robust, with approximately 11.5 million square feet in active requirements. Supply of large industrial spaces is still extremely limited, with few new-construction starts of over 400,000 square feet across the Nashville area, while large-block tenant demand remains strong.

The Cubes at Sparta Pike, which can accommodate up to 2.8 million square feet of facilities, will serve that demand for larger industrial space. It is located less than a mile south of a full-service interchange at Interstate 40 and approximately 24 miles from Nashville International Airport, with frontage along the Nashville & Eastern Line Railroad.

CRG has retained Jim Rodrigues, SIOR, president of Lee & Associates Nashville, and John Zeffery, partner at Lee & Associates Nashville, to market and lease the project.

“CRG selected an exceptional location for The Cubes at Sparta Pike, and we are thrilled to partner with them on this project,” said Rodrigues. “The proximity to Nashville enables tenants to attract a wide range of employees by capitalizing on the continued growth of Middle Tennessee. The project’s proximity to I-40 and East Coast population centers makes it an ideal hub for modern supply-chain operations.”

The Cubes brand represents CRG’s philosophy of developing best-in-class, next-generation distribution facilities designed to meet the demands of Fortune 500 companies and other premier users as well as institutional investors.

CRG’s parent company, Clayco, will serve as the design-builder for the project, while integrated partner Lamar Johnson Collaborative will be the architect.

Nationwide, CRG has planned, broken ground on or completed over 53 million square feet of The Cubes projects. All are situated in key regional logistics hubs with robust transit infrastructure, high workforce availability and significant population bases.

About CRG:

CRG is a privately owned North American real estate development and investment firm founded in 1993 with deep expertise in delivering and owning industrial, office, multifamily, student housing and mixed-use assets. The firm serves clients and investors from seven regional offices, benefiting from local expertise in Chicago, St. Louis, Seattle, Southern California, Phoenix, Philadelphia and Atlanta. CRG has developed more than 12,500 acres of land and delivered over 220 million square feet of assets exceeding $14 billion in value. For more information, visit CRG’s website at www.realcrg.com.

About The Cubes:
The Cubes is a North American industrial brand owned and developed by CRG. The Cubes represents CRG’s philosophy of developing for the future and anticipating the enhanced needs of tomorrow’s modern industrial users. The Cubes are designed with an emphasis on sustainability and implement state-of-the-art specifications, including maximum clear heights, dock doors and trailer storage, to keep pace with the shift to consumer-centric logistic strategies. The Cubes are located in strategic locations that take into consideration both logistics and labor supply, always with the end user in mind.

About Lee & Associates:

Lee & Associates offers an array of real estate services tailored to meet the needs of the company’s clients, including commercial real estate brokerage, integrated services, and construction services. Established in 1979, Lee & Associates is now an international firm with offices throughout the United States and Canada. Our professionals regularly collaborate to make sure they are providing their clients with the most advanced, up-to-date market technology and information. For the latest news from Lee & Associates, visit lee-associates.com or follow us on Facebook, LinkedIn, Twitter, and Link, our company blog.