Becker Organization acquires Sixth & Division site in Nashville

NEW YORK, NY — The Becker Organization announced the successful acquisition of Sixth & Division, a 1.74-acre covered land investment located in downtown Nashville’s Pie Town district. The transaction closed in December 2025, and the associated 1031 exchange and direct investment offering was fully subscribed and is now closed to new investments.

The property, a fully operational Greyhound/FlixBus terminal, represents a rare covered-land investment that blends stable current cash flow with long-term residential redevelopment potential. The site is currently leased to FlixBus, Greyhound’s parent company.

Located in Pie Town, one of Nashville’s fastest-growing mixed-use districts, Sixth & Division is near downtown, SoBro, the Gulch, and major transit routes. Zoned Downtown Code, the site allows 12 stories by right, up to 18–20 with the Bonus Height Program, and potentially 30 via Overall Height Modification, offering strong long-term redevelopment potential.

“This investment reflects The Becker Organization’s continued focus on pairing current income with future growth in markets where we have long-term conviction,” added David Becker, senior managing director and head equity strategist at Time Equities Inc. “Downtown Nashville remains one of the most compelling urban markets in the country, and we believe this asset is well positioned for long-term success.”