TriGate Expands Rental Portfolio with Blakeney Commons in Smyrna, TN

TriGate Capital, LLC, (“TriGate”) a leading real estate investment manager, announced today that it closed on 13-acres in the Nashville suburb of Smyrna, TN to develop an 80-unit rental townhome community called Blakeney Commons. The community will be developed in partnership with Miles River Partners, led by Micheal Bradley, and Harpeth Valley Homes, a Nashville based homebuilder. The property will be leased and managed by Volunteer Properties. Wesbanco is providing construction financing.

Upon completion, Blakeney Commons will offer two unit types, each consisting of either 2 and 3-bedrooms, living spaces, kitchens, and patios. Additionally, over half the units will include private garages. The unit sizes will average nearly 1,500 SF, and the property will have several amenities including additional storage, a dog park, a playground, and a gathering area fire pit.