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Mixed-use project planned for Madison site

Mixed-use project planned for Madison site
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Nonprofit s Hendersonville headquarters sells for $15M | Development

The Hendersonville property home to nonprofit The Memorial Foundation has sold for $15 million. Gallatin-based real estate development and investment firm Southeastern Building Corp. is the new owner of the two-building, 5.8-acre property, according to a release. The foundation was the seller. The address is 100 Bluegrass Commons Blvd., with the Sumner County YMCA located on an adjacent site. Construction on the site was started in 2003 by the foundation, which remains a tenant. Called Bluegrass Commons, the two Class A office buildings offer a collective 91,240 square feet. The Memorial Foundation, formed from the funds that HCA paid to acquire Nashville Memorial Hospital in Madison in 1994, awards grants to nonprofit organizations. It has contributed to, among other entities, the Adventure Science Center and the Nashville Public Library Foundation.

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