{"id":1004140867,"date":"2016-04-04T01:34:32","date_gmt":"2016-04-04T09:34:32","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004140867"},"modified":"2022-12-06T18:03:20","modified_gmt":"2022-12-07T02:03:20","slug":"music-city-retail-center-changes-ownership","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/music-city-retail-center-changes-ownership\/","title":{"rendered":"Music City Retail Center Changes Ownership"},"content":{"rendered":"

By Adelina Osan, Associate Editor<\/em><\/p>\n

Nashville, Tenn.<\/strong>\u2014Castle Rock Equity Group recently acquired a retail center<\/a> in Music City for $33.5 million. Located off Music Row in the Mid-Town neighborhood, Demonbreun Hill is a lively entertainment hub providing much-needed\u00a0retail options to the area.<\/p>\n

\"Judah<\/a>

Judah Angster, CEO of Castle Rock Equity Group<\/p><\/div>\n

Castle Rock plans to improve the 96,000-square-foot Demonbreun Hill sitting\u00a0on a 3.38-acre site. The real estate fund is set to build a larger master-planned entertainment-focused development\u00a0that\u00a0be constructed in phases over the next several years. According to Castle Rock’s plans, the new mixed-use project will provide a one-stop location for dining, entertainment, offices and hospitality.<\/p>\n

“Nashville has a dynamic and creative atmosphere. We have studied the fundamentals of the market and believe its story has just begun. Opportunities for the location are tremendous, but understanding the needs of residents, coupled with patiently coordinating amongst local organizations is more important,” said in prepared remarks Judah Angster, CEO of Castle Rock Equity Group. “This location epitomizes the vibrant nightlife of the music industry. We want to hone in on that spirit with each design and make sure that local establishments stay within the final footprint, as their character and identity are synonymous with Music Row.”<\/p>\n

Image courtesy of\u00a0Castle Rock Equity Group<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Castle Rock Equity Group, the new owner of Demonbreun Hill, plans a larger mixed-use development on the 3.38-acre site.<\/p>\n","protected":false},"author":735,"featured_media":1004140871,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21783,13,36077,21742,21749],"tags":[],"class_list":["post-1004140867","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-investment","category-midwest","category-nashville-knoxville","category-latest","category-retail"],"acf":[],"yoast_head":"\nMusic City Retail Center Changes Ownership - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/music-city-retail-center-changes-ownership\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Music City Retail Center Changes Ownership\" \/>\n<meta property=\"og:description\" content=\"Castle Rock Equity Group, the new owner of Demonbreun Hill, plans a larger mixed-use development on the 3.38-acre site.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/music-city-retail-center-changes-ownership\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2016-04-04T09:34:32+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-07T02:03:20+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/04\/Judah-Angster-CEO-of-Castle-Rock-Equity-Group.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"344\" \/>\n\t<meta property=\"og:image:height\" content=\"230\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Adelina Osan\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/music-city-retail-center-changes-ownership\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/music-city-retail-center-changes-ownership\\\/\"},\"author\":{\"name\":\"Adelina Osan\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/423ceee57e2e9ef5e458c68f8a3aa615\"},\"headline\":\"Music City Retail Center Changes Ownership\",\"datePublished\":\"2016-04-04T09:34:32+00:00\",\"dateModified\":\"2022-12-07T02:03:20+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/music-city-retail-center-changes-ownership\\\/\"},\"wordCount\":227,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/music-city-retail-center-changes-ownership\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2016\\\/04\\\/Judah-Angster-CEO-of-Castle-Rock-Equity-Group.jpg\",\"articleSection\":[\"Deals\",\"Investment\",\"Midwest\",\"Nashville - 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