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Marathon Village-area commercial building sells for $1.9M

American Pickers’ Mike Wolfe previously owned masonry structure on Jo Johnston ....

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Notes: Developer lands $62.2M loan for Marathon project

Notes: Developer lands $62.2M loan for Marathon project
nashvillepost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nashvillepost.com Daily Mail and Mail on Sunday newspapers.

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Belmont sells Watkins campus for $22.5M

Belmont University officials announced Tuesday the $22.5 million sale of the former Watkins College of Art property in MetroCenter.
The new owners are a joint venture of affiliates of Nashville-based Chartwell Residential LLC and EJF Capital LLC of Arlington, Virginia.
As planned when the Belmont-Watkins merger was announced in January 2020 (read
here), net funds from the sale of the campus, with an address of
2298 Rosa L. Parks Blvd., will create an endowment to provide need- and merit-based scholarships for visual arts students in the Belmont University Watkins College of Art program. The endowed fund is expected to produce more than $800,000 annually for arts scholarships upon maturation. ....

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Marathon Village sites sell for $17M | Nashville Post

The seller of the property located at
800 14th Ave. N. was Charles D. Cline Sr. Cline acquired the 0.65-acre triangular property in late 2004 for $36,000, according to Metro records. He sold for $2.4 million, according to a Davidson County Register of Deeds document.
Cumberland Trust Co. sold the four-acre property at
801 12th Ave. N. for about $14.6 million. Cline is a part of that trust.
To include residential and retail spaces, Union Brick will carry a roughly $85 million price tag. The site is home to Union Station Brick and Materials Co. (thus the name of the project), which Cline owns. Neither Chartwell Residential nor the sellers used brokers in the transaction. ....

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Project planned for Marathon Village-area site

Located at
804 14th Ave. N., the 1.1-acre property offers a nondescript warehouse (pictured). The seller was Chicago-based Leftbank Holdings, which paid about $2.83 million for the property in September, according to Davidson County Register of Deeds records.
The property M Cubed just acquired is located adjacent to two properties slated to be sold to SR Residential Properties, which plans a mixed-use project to be called Union Brick (read
here). Those two properties have addresses of 801 12th Ave. N. and 800 14th.
M Cubed is led by veteran commercial real estate professional Mark McDonald and business partner Mark McGinley. McGinley told the
Post he and McDonald feel the just-acquired site is “fantastic” real estate. Details and perhaps an image of their plan could be released in early 2021, he said. ....

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