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.
Once home to Robert Pierce Photography, the property sits at
121 S. 11th St. Across Holly Street is located the building home to musical instrument and music lessons business Fanny’s House of Music.
Robert Pierce owns the building, having acquired the 0.20-acre property in 1993 for $49,000 from the Metro Development and Housing Agency, according to Metro records. At the time of the purchase, the building was in bad condition, having previously been owned by the late local landlord Carrie Sissom. Of note, Sissom, who ran multiple low-rent boarding houses throughout Nashville s old-school urban neighborhoods in the 1970s and 1980s, paid $20,000 for the home in 1973, according to Metro records.
Adams and Reese moving offices to Broadwest development in Midtown - Nashville Business Journal bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.
Photo courtesy of Mark Hollingsworth
The Nashville office of law firm Adams and Reese has announced that it is moving to the office tower of West End Avenue development Broadwest at the end of next year.
The firm currently operates out of the Fifth Third Center downtown.
Adams and Reese is leasing more than 25,000 square feet on the 14th floor of the 21-story Midtown tower, according to a release.
The $540 million Broadwest development (which will also include a tower with hotel and high-end residential space) will welcome its first tenants in March; Adams and Reese is planning to make the move in the fourth quarter of 2021.