|Price Range 12mo avg:||$2M – $3.1M|
|$/sf 12mo avg:||$302.07|
|CAP Rate 12mo avg:||6.56%|
|Lease Terms:||15yrs NN|
|Building Size avg:||7,700 SF|
|Lot Size avg:||1.15+/- acres|
The Bridgestone Group is the world’s largest manufacturer of tire and rubber products.
Bridgestone Americas’ corporate family traces its roots to two distinguished companies— The Firestone Tire & Rubber Company, which Harvey Firestone formed in Akron, Ohio in August 1900, and the Bridgestone Tire Company Ltd., which Shojiro Ishibashi started in Japan in 1931.
Bridgestone Corporation purchased Firestone in 1988 for $2.6 billion, transforming the companies’ combined operations into the world’s largest tire and rubber company. The operations in the Americas were renamed Bridgestone/Firestone, Inc. and became the largest subsidiary of Bridgestone. As part of its integration with Bridgestone’s existing U.S. operations, Bridgestone/Firestone moved its headquarters from Akron to Nashville in 1992.
Today, this subsidiary, now named Bridgestone Americas (BSAM), consists of an international family of enterprises with 52 production facilities and more than 50,000 employees throughout the Americas.
BSAM and its subsidiaries develop, manufacture and market a wide range of Bridgestone, Firestone and associate brand tires to address the needs of a broad range of customers, including consumers, automotive and commercial vehicle original equipment manufacturers, and those in the agricultural, forestry and mining industries. The companies are also engaged in retreading operations throughout the Western Hemisphere and produce air springs, roofing materials, and industrial fibers and textiles. The BSAM family of companies also operates the world’s largest chain of automotive tire and service centers.
|S&P Credit Rating:||N/A|
|Moody’s Credit Rating:||N/A|
|Annual Revenue 2014:||$30.6M|
|Annual Revenue 2013:||$29.7M|
|Revenue Growth:||↑ 3% from 2013|
|Units (Dec. 2014)||2,200|
|Average Units Volume:||$13.9K|
By Adam Sichko – Senior Reporter, Nashville Business Journal
on December 15, 2017 at 6:09 pm
The history of the Bridgestone deal underscores that point: Bridgestone initially spent months negotiating with developer Pat Emery to anchor his redevelopment of the site of Nashville's original convention center. When Bridgestone began looking elsewhere, Highwoods teamed up with Nashville ... […]
Heavy Duty Conveyor Belts Market Global Outlook 2017- YOKOHAMA, Bridgestone, ContiTech ...
on December 15, 2017 at 6:00 pm
The research review on “Global Heavy Duty Conveyor Belts Market” 2017 targets the current as well as forthcoming features of the Heavy Duty Conveyor Belts industry. This includes key trends, Heavy Duty Conveyor Belts segmentation analysis, and recent industry statistics. The Heavy Duty Conveyor ... […]
Column: Tennessee's top jobs recruiter sees international opportunity in tax proposal
on December 15, 2017 at 5:48 pm
Just look at the continued growth of Bridgestone Americas and Nissan North America in Middle Tennessee. These are now staple businesses and active corporate citizens in the region, sponsoring everything from Nashville's entertainment and sports scene to advanced manufacturing training programs ... […]
Recovering Rubber Prices Drives the Natural Rubber Market| Technavio
on December 15, 2017 at 5:15 pm
The major players include Bridgestone, MICHELIN, SINOCHEM GROUP, Sri Trang Agro-Industry, and VON BUNDIT. They are focused on R&D to improve their product portfolio by launching innovative products. Though small-scale farmers own limited plantation areas, they contribute significantly to the ... […]
Kelsea Ballerini Premieres Fri., Dec. 15 on AT&T AUDIENCE Network; Watch a “First Look” On ...
on December 15, 2017 at 4:30 pm
Airing at 9:00 p.m. ET/PT the one-hour concert was shot live on location at Bridgestone Arena in Nashville, TN in front of an adoring, sold-out crowd on the final U.S. date of her run on Lady Antebellum's tour. Watch the Kelsea Ballerini Trailer (HERE), Interview (HERE) and her performance of “Legends” ... […]
Not Traded in US Market: