Saturday, January 10, 2026
Read the Digital Magazines Subscribe to the Magazines
Subscribe

Tennessee

AcquisitionsGeorgiaIndustrialLoansSoutheastTennesseeTop Stories

CBRE Arranges $188.3M in Acquisition Financing for 1.9 MSF Industrial Portfolio in Atlanta, Nashville

by Kristin Harlow

ATLANTA AND NASHVILLE, TENN. — CBRE has arranged $188.3 million in acquisition financing for a 24-building industrial portfolio totaling 1.9 million square feet in metro Atlanta and Nashville. Philadelphia-based Stoltz Real Estate Partners was the borrower. The previous owner was not disclosed. The properties range in size from 12,600 to 222,683 square feet and were built between 1974 and 1998. The portfolio was 93 percent leased at the time of sale to 80 tenants with a weighted average lease term of 3.6 years. The 17 Atlanta-area assets total a little over 1 million square feet and are situated in last-mile locations. The Atlanta market offers industrial users convenient access to I-75, I-85, I-20 and the Hartsfield-Jackson Atlanta International Airport. Additionally, the Port of Savannah is approximately 250 miles away. The seven Nashville properties total 866,053 square feet and are home to 15 tenants. The Nashville market offers convenient access to 24 states and is situated within a one-day truck drive of 75 percent of U.S. markets, according to CBRE. Brian Linnihan, Mike Ryan, Richard Henry and Taylor Crowder of CBRE arranged the financing through Starwood Property Trust. Loan terms were not provided. Stoltz currently owns and manages approximately 16 million …

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsHealthcareRetailSoutheastTennessee

Boulder Group Negotiates $2.7M Sale of Retail Property in Bartlett, Tennessee Leased to Fast Pace Health

by John Nelson

BARTLETT, TENN. — The Boulder Group has negotiated the $2.7 million sale of a retail property in Bartlett leased to Fast Pace Health. The medical services provider operates more than 235 healthcare clinics in the Southeast and Midwest and has more than 14 years remaining on its lease for the Bartlett location. The 3,700-square-foot, freestanding clinic was built in late 2023 at 3082 Kirby Whitten Road, about 15 miles northeast of Memphis. Randy Blankstein and Jimmy Goodman of Boulder Group represented the seller, a private real estate investor, in the transaction. The undisclosed buyer purchased the property in a 1031 exchange.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsIndustrialSoutheastTennessee

Phoenix Investors Acquires 411,489 SF Industrial Complex in Northwest Tennessee

by John Nelson

UNION CITY, TENN. — An affiliate of Phoenix Investors has acquired a 411,489-square-foot industrial complex located in Union City, a city in the northwestern corner of Tennessee. MVP Group International sold the property, which is located at 600 E. Sherwood Drive, for an undisclosed price. Built in 1985 and renovated in 1995, the development comprises roughly 398,000 square feet of warehouse space, as well as 13,500 square feet of office space and a 2,200-square-foot breakroom. The building features 18 dock doors, clear heights of up to 28 feet, two compressors and an extensive racking system. Phoenix Investors plans to implement a capital improvement plan at the property.

Continue Reading
FacebookTwitterLinkedinEmail
DevelopmentSoutheastStudent HousingTennessee

Annex Group Breaks Ground on 542-Bed Student Housing Community at University of Memphis

by John Nelson

MEMPHIS, TENN. — The Annex Group has broken ground on a new, 542-bed student housing community at the University of Memphis. Situated within the Park Avenue Campus, the property will feature studio, two- and four-bedroom units, as well as study spaces, social spaces, outdoor living areas and grab-and-go dining options. The opening is scheduled for fall 2026. This marks The Annex Group’s second student housing community in the Memphis market.

Continue Reading
FacebookTwitterLinkedinEmail
Portland-Shoals_Portland-Tenn
AcquisitionsIndustrialSoutheastTennessee

JLL Brokers Sale of 638,330 SF Industrial Development in Metro Nashville

by Hayden Spiess

PORTLAND, TENN. — JLL Capital Markets has brokered the sale of Portland Shoals Manufacturing Facility, a 638,330-square-foot industrial development located at 1500 Shoals Way in Portland, roughly 40 miles northeast of Nashville. Al. Neyer, which developed the property, was the seller. EQT Exeter Real Estate Income Trust (EQRT) acquired the development for an undisclosed price. Shoals Technologies Group fully occupies the property, which features 40-foot clear heights, 107 dock positions, four drive-in doors, 185-foot truck court depths and auto and trailer parking. JLL represented Al. Neyer in the transaction. 

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsLoansMultifamilySoutheastTennessee

Colliers Mortgage Provides $9.5M Agency Acquisition Loan for East Memphis Apartment Community

by John Nelson

MEMPHIS, TENN. — Colliers Mortgage has provided a $9.5 million Fannie Mae loan for the acquisition of Oak Grove Flats, a 163-unit apartment community located at 595 Cadraca Drive in east Memphis. The garden-style property features one-, two- and three-bedroom apartments and features onsite laundry facilities and property management, according to Apartments.com. Randy Engel of Colliers Mortgage’s Memphis office originated the agency loan on behalf of the borrower, an undisclosed sponsor that is a repeat client of Colliers Mortgage.

Continue Reading
FacebookTwitterLinkedinEmail
DevelopmentMultifamilySoutheastTennessee

Ascendant Development Delivers 11-Story Apartment Tower in Nashville

by John Nelson

NASHVILLE, TENN. — Ascendant Development has delivered Haven at Charlotte, an 11-story apartment tower located at 3025 Charlotte Ave. in Nashville. The 369-unit community is situated adjacent to the HCA headquarters campus and the OneC1ty mixed-use development. Haven at Charlotte features seven residential levels atop a four-story parking podium, with apartments ranging in size from 516 to 1,472 square feet. Monthly rental rates range from $1,605 to $3,800, according to Apartments.com. Amenities include a fitness center, yoga and spin room, outdoor kitchen area, infinity-edge saltwater pool and a rooftop clubroom/lounge.

Continue Reading
FacebookTwitterLinkedinEmail
HospitalityLoansSoutheastTennessee

Smith Hill, Bain Capital Provide $57M Loan for Embassy Suites by Hilton Nashville Airport Hotel

by John Nelson

NASHVILLE, TENN. — A joint venture between Smith Hill Capital and Bain Capital has provided a $57 million loan for Embassy Suites by Hilton Nashville Airport, a 305-room hotel in Nashville. Eastdil Secured arranged the financing on behalf of the borrowers, Affinius Capital and Westmont Hospitality. The hotel sits close to Nashville International Airport, downtown Nashville and the One Century Place Conference Center. Amenities at the hotel include an airport shuttle, fitness center, business center, indoor pool, complimentary evening reception and more than 6,000 square feet of meeting space.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsRetailSoutheastTennessee

Poag Acquires 400,000 SF Macy’s Department Store at Oak Court Mall in Memphis

by John Nelson

MEMPHIS, TENN. — Poag Development Group has purchased a 400,000-square-foot Macy’s at Oak Court Mall, an enclosed regional mall in Memphis that opened in 1988. Memphis-based Poag purchased the department store for $7 million in a joint venture with a group of local investors that purchased Oak Court Mall in December 2023. New York City-based Macy’s sold the store to the Poag-led investment group in a sale-leaseback structure. Poag, which also recently purchased the 1.3 million-square-foot RiverTown Crossings in Grandville, Mich., plans to work with JLL to maximize the potential of Oak Court Mall. Future plans for the mall were not disclosed.

Continue Reading
FacebookTwitterLinkedinEmail
DevelopmentMixed-UseMultifamilySoutheastTennessee

Sentral to Operate 361-Unit Everett Residential Tower at Nashville Yards

by John Nelson

NASHVILLE, TENN. — Residential hospitality operator Sentral has been selected by master developer Southwest Value Partners to manage The Everett, the first of two residential towers to be developed at Nashville Yards, a 19-acre mixed-use project currently underway in Nashville. Amenities at the tower, which totals 361 units in one- and two-bedroom layouts, will include a third-floor deck with a pool, spa, lounge and grilling stations; a pet wash and dog park; fitness center and yoga area; game room; resident bar and coworking space. Move-ins at The Everett are scheduled to begin in December. Upon completion, Nashville Yards will also feature a 591-room Grand Hyatt Nashville hotel, concert venue, office buildings and retail and restaurant space, as well as plazas, courtyards and green spaces.

Continue Reading
FacebookTwitterLinkedinEmail
Newer Posts
Older Posts