Tampa’s 717 Parking Enterprises is making its debut in the Music City. Seven One Seven, the parking company owned and operated by twin brothers John and Jason Accardi, now holds control over 20 parking assets in Nashville. The majority of this new portfolio, which includes approximately 5,000 parking spaces in surface lots and garages, is focused on commercial parking. It also encompasses hotel valet services.
The acquisition was finalized on August 16. This portfolio was a spin-off resulting from the merger of Metropolis Technologies Inc. and SP Plus Corp. Seven One Seven acquired the properties that were formerly managed by SP Plus. The financial specifics of the transaction were not disclosed. The company plans to employ around 250 people in Nashville, combining former SP Plus employees with new hires.