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Nashville, Tennessee
Business Reporter — Tennessean

Growth and development business news reporter at The (Nashville) Tennessean, adjunct professor of mass communications at Tennessee State University

East Nashville site near Maplewood sells for $1.2M

tennessean.com — An East Nashville real estate investor has paid $1.2 million for 17 acres at 288 Broadmoor Drive with plans to develop small affordable housing units on a portion of the property.

Former Antioch Best Buy property sold for $3M

tennessean.com — A Nashville-based investment partnership has acquired the former Best Buy store site in Antioch, hoping to benefit from development activity picking up in the area that lost several major retailers in recent years. Real estate investor Tom Smith and other partners bought the 42,205 square foot building at 5255 Hickory Hollow Parkway from an affiliate of Vornado Realty Trust.

Metro studies moving downtown's Criminal Justice Center

tennessean.com — Metro is exploring relocating the Criminal Justice Center, which real estate brokers said if done could create a prime redevelopment site on downtown's north side. "We're trying to study it, but no decisions have been made," city Finance Director Rich Riebeling said, adding renovation vs.

Deal falls through on hotel site near Music City Center

tennessean.com — The 1.26-acre hotel development site First Baptist Church Nashville owns across from the Music City Center remains available after an Arizona-based real estate development and advisory firm failed to enter a contract to buy it.

Va. company pays $12.45M for Antioch office building

tennessean.com — An affiliate of an Arlington, Va.,-based real estate investment firm has paid $12.45 million for an office building in Antioch that houses a support center for cellphone insurer Asurion. The 122,000-square-foot building at 5720 Crossings Blvd. is the latest Nashville area acquisition for FD Stonewater, whose holdings here include an airport-area military entrance processing station.

Work to start on 259-unit apartments at 28th and Charlotte

tennessean.com — Construction should start Monday on a 259-unit apartment community at the northeast corner of 28th Avenue North and Charlotte Avenue after a joint venture partnership completed acquiring the site for $4.63 million. Atlanta-based multifamily developer Worthing Cos. is pairing up with Denver-based real estate firm Simpson Housing for its first development project in Nashville.

Crescent Communities paid $8.1M for Division St. apartments site

MDHA seeks buyer, developer for old Ben West Library site

tennessean.com — The Metro Development and Housing Agency is seeking proposals from developers interested in acquiring and rehabilitating the old Ben West Library Building on downtown Nashville's Polk Avenue. Proposals are due Jan. 16 for adaptive reuse of the property, which has sat vacant for nearly a decade except for brief usage after the May 2010 flood.

N.Y. investor acquires pair of Nashville properties

tennessean.com — Affiliates of In-Rel Properties Inc., a Lake Worth, Fla.-based real estate investment and management company, sold a pair of Nashville-area properties to a private equity fund as part of a larger portfolio. New York-based Mount Kellett Capital Management LLC acquired Airways Plaza, which includes two office buildings at 1281 and 1283 Murfreesboro Pike, for $10.73 million.

Andre Agassi’s fund paying $1.5M for Mufreesboro Pike building

tennessean.com — An investment fund whose co-managing partner is former tennis great Andre Agassi is buying a 41,128 square foot office building off Murfreesboro Pike with plans to lease it to a charter school operator. Turner-Agassi Charter School Facilities Fund is expected to close on the $1.5 million deal today.
More Articles →
Dec 19, 2014

East Nashville site near Maplewood sells for $1.2M tnne.ws/16A2mgw via @tennessean

Dec 19, 2014

Former Antioch Best Buy property sold for more than $3M tnne.ws/16zRJKV via @tennessean

Dec 18, 2014

Metro studies moving downtown’s Criminal Justice Center tnne.ws/16xfDXr via @tennessean

Dec 18, 2014

Nashville engineering firm Littlejohn being acquired tnne.ws/16wttck via @tennessean

Dec 18, 2014

Atlanta investor pays $38M for Nashville flex buildings tnne.ws/1AKUKRs via @tennessean

Dec 17, 2014

Velocity in the Gulch apartments sold for $54M tnne.ws/16ugjge via @tennessean

Dec 17, 2014

Fla. investors buys Dickerson Pike property for $3.4M tnne.ws/1AIGIQ2 via @tennessean

Dec 17, 2014

One Franklin Park adds HCA, law firm as tenants tnne.ws/1DPqGde via @tennessean

Dec 16, 2014

Giarratana sees 60-story Paramount transforming Nashville's skyline tnne.ws/1DDRfBS via @tennessean

Dec 15, 2014

Giarratana sees 60-story Paramount transforming Nashville's skyline tnne.ws/1DDRfBS via @tennessean

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