Local, Austin real estate developers purchase Madison Town Center
Nashville-based real estate investor and developer Tyler Cauble and Matthew Taylor and Colin Brothers of Austin-based Artesia-RE have paid $18 million for property on which they plan Madison Station, a retail anchor of the fast-changing northeast Davidson County community from which its name derives.
Texas-based VeraBank has provided a $10.8 million loan.
As the
Post reported in October 2019, local real estate investors Tom Corcoran Jr. and Jim Maddox listed for sale the property at 721 Madison Square on which they have long envisioned a large-scale mixed-use project comprising existing and future buildings. At the time, the asking price for the property was $30 million. The 33-acre site is home to multiple fully leased buildings with a collective 331,000 square. Via a partnership, Corcoran and Maddox paid $4.4 million for the property in 1992, according to Metro records.
Madison retail property finds buyer | Nashville Post
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