Kirkland’s, Inc. has entered into an agreement to relocate its current Nashville, TN headquarters to a new location several miles away, according to a filing with the Securities and Exchange Commission.
Kirkland’s, Inc. currently leases 37,345 square feet of office space in Nashville under a lease set to expire August 1, 2014.
The new lease with Highwoods Realty LP is for 76,000 square feet of office space, also in the Nashville, Tennessee metropolitan area. The lease has a 10 year term with initial annual rent, excluding rent holidays, of $1.5 million, and annual rent increases of 2 percent.
Highwoods owns about 3.34 million square feet of real estate in the Nashville area.