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Hill Realty sells Popeyes site on east side


Located at
3012 Gallatin Pike, the 0.75-acre property offers a building home to a Popeyes Louisiana Kitchen chicken eatery. Its new owner is a Lebanon-based LLC, details of which the
Post was unable to determine.
Hill Realty acquired the property in January 1935 for $6,000, according to Metro records. The recent sales price is 167 times that figure. The property sits near the Gallatin and East Trinity Lane T-intersection.
Greg Coleman and Treanor Granbery, principal and affiliate broker, respectively, at Nashville-based Southeast Venture, represented Hill Realty. The
Post could not determine if the buyer had broker representation.
The sale follows Hill Realty’s having recently paid $2.4 million for the property at 1201 Gallatin that was once home to Krispy Kreme Donuts. (Read more on that ....

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Industrial building sells for $2M in The Nations


The new owner of the property, with an address of
5605-5607 Ohio Ave. and accommodating a warehouse partly home to Tennessee Radon Services, is an LLC affiliated with Proctor Marble and Granite. The tile maker currently operates nearby at 6100 Robertson Ave. in Charlotte Park.
Of note, Nashville-based developer Nathan Lyons perhaps best known for his Stocking 51 in The Nations plans a mixed-use development at the 6100 Robertson site (read
here), thus necessitating Proctor Marble and Granite’s move to The Nations. Andy Proctor is the owner of the West Nashville business.
The seller of the Ohio Avenue properties was Byran Fort, first vice president with the Nashville office of CBRE. Fort acquired the properties in February 2018 for about $1.14 million, according to Metro records. ....

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The Arcade sells for $28M | Nashville Post


As the
Post reported Friday, local real estate industry veteran Rob Lowe and various silent investors closed on the purchase at last week’s end. Nashville-based FirstBank has provided a loan of $22,560,000, according to the Register of Deeds document.
The seller was an entity affiliated with Arcade Company. Listed on the National Register of Historic Places since 1973, The Arcade opened in 1902 and offers an address of
65 Arcade Alley. Spanning Fourth and Fifth avenues north, it was Nashville s first “shopping center,” as it replaced what was called Overton Alley as the city’s retail commerce epicenter.
Stephen Crawford, a broker with Nashville-based Southeast Venture, represented the buyers. The seller did not have a broker. ....

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Knoxville Biz Ticker: UScellular announces winners of Boys & Girls Club of the Tennessee Valley's annual Black History Month Art Contest

Knoxville Biz Ticker: UScellular announces winners of Boys & Girls Club of the Tennessee Valley's annual Black History Month Art Contest
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