Home goods retailer Kirkland's is scouting the Nashville area for a new headquarters as the end of its lease in Donelson looms.
Kirkland's signed up for about 27,500 square feet of space in the Two Rivers Corporate Centre II in March 2007 as it began to relocate its home office from Jackson, Tenn. The company, which booked a fiscal 2013 profit of $14.5 million on sales of $461 million, added another 10,000 square feet of space in late 2009, filling the entire building — owned by local firm SmartSpace — pictured at left.
The lease will expire this August and the company this week said it expects to spend between $500,000 and $700,000 in the coming year to transition to a new headquarters. A spokesman said the company will stay in the Nashville metro area and does not plan to build new space. Billy Lyell of Cushman & Wakefield | Cornerstone, who is representing Kirkland's in its search, said it's still too early to talk about the company's specific needs and desires.
There are a number of high-profile options available to Kirkland's execs. Two of them are in Maryland Farms, where LifePoint Hospitals recently vacated its HQ for a new Seven Springs building and where Tractor Supply will this summer relocate its home office to a new project on Virginia Way. The AT&T Building downtown, which has in recent years attracted U.S. Bank and law firm H3GM, also has plenty of available space.