Growth and development business news reporter at @Tennessean. Adjunct professor @TSUedu.

500-seat Hindu temple planned for South Nashville — Some residents cite traffic concerns about project planned for 5.8 acres on Haywood Lane A Hindu sect is seeking a special exception that would allow it to build a 500-seat temple on 5.8 acres in South Nashville. On Aug.

Habitat for Humanity wraps purchase of new Nashville hub — Habitat for Humanity of Greater Nashville has completed buying for $4 million five acres including the vacant former Kmart store at Nolensville Road and Harding Place. The nonprofit organization plans next summer to consolidate operations from five leased locations into the 65,000-square-foot south Nashville building at 4095 Nolensville Road.

Ohio investor pays $80M for downtown Hilton Garden Inn — Rockbridge also converting Noel Place into Tribute Portfolio hotel A Columbus, Ohio-based hospitality investor has acquired the Hilton Garden Inn hotel near downtown's Music City Center for $80.3 million, marking its second acquisition in downtown Nashville. Rockbridge paid an affiliate of Franklin-based developer Chartwell Hospitality roughly $375,051 for each of the 214 rooms at the hotel at 305 Korean Veterans Blvd.

World Gym coming to Nashville's North Gulch building — Former home of Music City Auction is being converted into 25,000-square-foot gym The North Gulch building formerly home to Music City Auction is being converted into World Gym Music City, the first Nashville location under that global fitness center brand. Gulch resident Johnny Wilkins will be the owner of 25,000-square-foot gym, which is expected to open at 114 George L.

North Gulch parking lot sold for $7.4M — Owner of former Music City Antique Gallery and Music City Auction adds 1207 Grundy St. to holding in area The owner of the former home of Music City Antique Gallery and Music City Auction in the North Gulch has paid $7.4 million for a parking lot next door at 1207 Grundy St.

Former Antioch Macy's store space sold for $5.3M — Buyer eyes office use; seller uses proceeds to buy former Nashville Memorial Hospital campus in Madison Brentwood-based Crestview Funds has completed buying the former Macy's anchor store property in Antioch for $5.3 million with plans to convert the space to general office use.

8-story self-storage project eyed for former SoBro bar site — Provident Realty Advisors' contract to buy site is with investors including restaurateur Miranda W. Pontes An eight story, self-storage building is planned for the northeast corner of Eighth Avenue South and Drexel Street on property that includes the former home of the Nashville Center Stage music venue and bar.

2 Hilton hotels planned on strip club's SoBro site — Cabaret Royale losing lease with ten-story, 223-room Tru by Hilton and Home2 Suites planned for Fifth Avenue site The owners of the property where Cabaret Royale Gentlemen's Club is located are looking to bring a 10-story, 223-room dual-branded hotel project to that southwest corner of Fifth Avenue South and Peabody Street.

Investor to pay $160 million for Cool Springs office buildings — Stockbridge Capital picks Cushman & Wakefield Nashville to manage and lease Corporate Centre three through seven A San Francisco-based investment manager is expected to pay roughly $160 million for a portfolio of five Cool Springs office buildings, according to industry trade publication Commercial Real Estate Direct.

Comdata-leased building in Nashville sold for 85 percent gain — San Antonio investors now own office/call center building that also once housed UBS operations A Boston-based real estate firm has sold for a roughly 85 percent gain a south Nashville office/call center building that it purchased nearly nine months ago. Albany Road Real Estate Partners sold 3325 Perimeter Hill Drive, which is fully leased by Comdata Inc., for $5.55 million.
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Jul 24, 2016

Comdata-leased building in Nashville sold for 85 percent gain 

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