Located at
11 Music Circle S. and opened in 1970, the two-story modernist Class B structure offers 12,000 square feet. Its new owner is a partnership affiliated with Green Hills-based commercial insurance company Robins Insurance.
Tri Star Sports & Entertainment Group CEO Lou Taylor was the seller of the 0.46-acre property, having paid $1.25 million for it in 2013, according to Metro records. The sale is the equivalent of $458 per foot one of the most significant sales of its type Music Row has ever seen, according to sources.
Taylor bought the property from Ted Welch, a late local real estate investor and Republican Party power broker. Welch acquired it for $532,500 in 1984, with the seller Larry Lee Butler, a musician, songwriter and music producer who died in 2012 and was the producer of the late Kenny Rodgers. Butler had paid $495,000 for it in 1980, with the estate of the aforementioned Long the seller. Long had paid $23,850 for the property in 1969, Metro records show.