Sunday, June 13, 2010

Nashville real estate updates

Property transfers: The building that houses F. Scott's restaurant and jazz club in Green Hills was purchased by two entities with the same address, with at least one controlled by real estate investor Ben Willingham III. The sales price was $5.8 million.
The building at 2208 Crestmoor Road had been owned by a business managed by George Spiva. It previously sold for $2.9 million in 2001.

Building permit notes: the EEOC (Equal Employment Opportunity Commission) is moving to a new office at the Plaza Tower Metro Center, 200 Athens Way in MetroCenter, according DWC Construction Co.

Elsewhere, The Parkes Companies will build a 23,351-square-foot warehouse and office for Superior Oil at 518 Swinging Bridge Road in Old Hickory for $2 million.

Conseco Group is building a 10,784-square-foot shopping center for nearly
$1 million at the site of the Burger King at 5231 Old Hickory Blvd., Hermitage. Tenants include an unnamed future restaurant, retail shop and medical office.

New name: Nashville-based Southeast Community Capital Corp. has a new name: Pathway Lending. The lender focuses on female and minority entrepreneurs and low-to-moderate income communities. Since it was created in 1999, it has loaned $40 million to more than 350 Tennessee businesses.


Real Estate Outlook: Up or Down?Growth jolts TN job market to life