Pebblebrook Pays $94Mln for Georgia Resort
August 4, 2021
Hilco Plans Massive Mixed-Use Project in Alexandria, Va.
August 4, 2021
State: Tennessee - TN
Viera Cool Springs
The property is encumbered by what was a $40.4 million loan that was provided in 2014 by Greystone under the U.S. Department of Housing and Urban Development's 223(f) program. The loan pays a coupon of 4.05 percent and amortizes fully ...
Brazilian Tile-Maker Eyes Sale-Leaseback of Proposed Tenn. Facility
Portobello America, a maker and distributor of ceramic tile, which soon will start building a manufacturing facility on the 92-acre site of the former Tennessee Motor Speedway in Baxter, Tenn., is looking to sell the 890,000-square-foot property and lease it ...
155,000-SF Office Building in Memphis, Tenn., Fetches $26.9Mln
Memphis Business Journal Front Street Capital has paid $26.9 million, or about $173.55/sf, for the 155,000-square-foot office building at 860 Ridge Lake Blvd. in Memphis, Tenn. The Winston-Salem, N.C., private equity real estate company purchased the property from Northwestern Mutual ...
Developer to Break Ground on 266-Unit Apartment Complex Near Nashville, Tenn.
Charlotte Business Journal Madison Capital Group is breaking ground this fall on Madison County Farms, a 266-unit apartment property in the Nashville, Tenn., suburb of Antioch, Tenn. The Charlotte, N.C., company recently acquired a 14-acre site for the nine-building complex ...
TruAmerica Pays $196Mln for Apartments in Phoenix, Suburban Nashville
TruAmerica Multifamily has paid $196 million for a pair of apartment properties with 903 units in Phoenix and the Nashville, Tenn., suburb of Franklin, Tenn. The Los Angeles investment manager paid $96 million, or $220,689/unit, for the 435-unit Urban, at ...
CIT Group Lends $42.4Mln for Construction of Nashville-Area Apartments
CIT Group Inc. has provided $42.4 million of construction financing for the 322-unit Novel Harpeth Heights apartment project that's being built in the Nashville, Tenn., suburb of Bellevue, Tenn. A venture of Crescent Communities and Pearl Street Partners broke ground ...
three industrial buildings with 2.2 million square feet in the Atlanta and Memphis, Tenn., areas
The three buildings are Crossroads Business Center, with 1 million sf at 5705 Campbellton Fairburn Road in Union City, Ga., which is southwest of Atlanta; and two buildings at the DeSoto 55 Logistics Center in Horn Lake, Miss., which is ...
Preylock Pays $166.7Mln for Industrial Properties in Atlanta, Memphis Areas
Preylock Holdings has paid $166.7 million for three industrial buildings with 2.2 million square feet in the Atlanta and Memphis, Tenn., areas that are net leased to their tenants. The three properties were sold by Core5 Industrial Partners, an Atlanta ...
Ashford Offers Renaissance Nashville Hotel for Sale
Nashville Business Journal Ashford Hospitality Trust is offering for sale the 673-room Renaissance Nashville hotel in downtown Nashville, Tenn. Hodges Ward Elliott of Atlanta has been tapped to market the property, at 611 Commerce St., which was built in 1986 ...
Portman Holdings to Build 15-Story Office Project in Nashville
Nashville Business Journal Portman Holdings is planning to start work during the first half of next year on the 15-story Moore Building in Nashville, Tenn. The Atlanta developer is building the office project at 827 19th Ave. South in the ...
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