Nashville – Knoxville
1,156-Car Parking Facility Will Rise Next to LEED Platinum Project
Downtown Nashville is on its way to get a swanky new parking lot that would boost downtown parking spaces by six percent – a welcome addition, as the Nashville Downtown Partnership estimates that 20,000 parking spaces are available in downtown core, whereas 35,000 people work in the area with the city’s tourist influx making the parking shortage even more acute
Hermitage Community Sold for $13.8M; 254-unit Estates of Brentwood Up for Sale
261-unit Green Leaf at Hermitage has been sold by Green Leaf Hermitage LLC, an affiliate of Danville, California-based equity firm Green Leaf Partners
Fifth Third Center Finds $90M Buyer, While Palmer Plaza Starts Looking For One
Palmer Plaza, the 284,000-square-foor office high-rise at the corner of 18th and West End Avenue is set to go on the market due to the impending maturing of an outstanding loan on the property, reports
Steadfast Buys Nashville Apartments for $35.2M
California-based Steadfast Income REIT continues its Tennessee apartment buying spree, marking the fourth purchase in the state and the third in metro Nashville in eight months.
Athena Companies Buys 100-Key Asset in Booming Nashville Hotel Market
Hunter Hotel Advisors recently advised on the sale of three MainStay Suites for Choice Hotels International in three secondary US markets: Nashville, Pittsburgh and Greenville, SC.
Starwood Plans to Fill Void of Full-Service Hotels in Downtown Nashville
While Nashville’s swanky $600 million Music City Center has brought in great profits for the local hotel market, especially in the downtown area, things aren’t working exactly as they should. More to the point, business isn’t as good it could be for the year-old convention center.
$95M Sale of Elliston 23 Breaks All Records in Nashville Apartment Market
Franklin, TN-based Southern Land Company has announced the sale of Elliston 23 Apartments to Dayton, OH-based The Connor Group for $95.1 million.
$598M Music City Center Earns LEED Gold
Music City Center, Nashville’s brand-new $598 million convention center has been awarded LEED Gold Certification for New Construction by the U.S. Green Building Council.
Virgin Hotels Plans 240-Key Location on Music Row
Virgin Group’s lifestyle hotel brand Virgin Hotels has announced plans to open and operate a new hotel in Nashville, Tennessee.
Highwoods Inks 91KSF Lease in Brentwood
Raleigh, NC-based Highwoods Properties has announced signing a 91,000-square-foot long-term lease at Highwoods Plaza II in Nashville with a current customer.