A segment of East Bank property that recently sold for $245 million is being used as a surface parking lot to accommodate Tennessee Titans fans attending NFL games at Nissan Stadium, among other events.

According to a release, Nashville-based Parking Management Company (PMC) and SA Recycling have finalized a contract to have the former manage the roughly 1,000-space parking lot, which sits on about 30 acres.

Financial terms are not being disclosed.

Having opened earlier this month, and in addition to serving Titans fans, the surface parking lot can be used for motorists attending downtown events and major gatherings such as CMA Fest. Users can also reserve parking in advance for Nissan Stadium events, the release notes (see the lots here ).

The updating of the previously underutilize

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