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Advance Financial, optics company moving into Wedgewood-Houston development

A Nashville developer has landed two more tenants as it continues revitalizing a former boot factory in the Wedgewood-Houston neighborhood, near the Tennessee State Fairgrounds.

The payday lender Advance Financial is moving its headquarters — and 100 employees — into The Boot Factory, so-named by developer Chas. Hawkins Co. Inc.

Advance Financial currently is based at 1901 Church St., in Midtown, with about 60 locations in the region. The company’s new space at The Boot Factory covers about 22,000 square feet, and will include a training center, fitness room and a health clinic for employees.

In addition, Nashville-based MSS Inc. has signed a lease for 46,000 square feet of offices, a showroom and warehouse space at The Boot Factory. MSS makes makes automated optical equipment used for sorting various materials, such as at recycling facilities.

The Boot Factory’s first tenant was Weld, a company that provides communal workspace for creative types.

Combined, those three tenants have leased 70 percent of the 127,000 square feet of office and warehouse space at The Boot Factory. That means about 38,000 square feet remains available. Chief operating officer Lewis Agnew said negotiations are ongoing for part of that space.

The Boot Factory is located at 90 Oceanside Drive, just on the other side of Interstate 65 from an increasingly transforming stretch of Franklin Pike.

A group of local investors, using the name Oceanside Investors, owns The Boot Factory. The Chas. Hawkins company is developing, leasing and managing the property for those investors.

Chas. Hawkins brokers Tee Patterson and Clancy Hoban represented the company in the Advance Financial lease. Bo Tyler, of the firm Jones Lang LaSalle, and Charles Warner, of Baker Storey McDonald Properties Inc., were the brokers who represented Advance Financial.

Original Source: Nashville Business Journal