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FRANKLIN, TENN. — Drury Development Corp. has purchased 13.86 acres, located on McEwen Drive in Franklin, from KMN Partnership and Franklin Realty Investors for $13.5 million. Drury will develop a 340-room Drury Plaza Hotel and 50,000 square feet of retail and restaurant space on the site. The sellers were represented by Tom McArthur, Jr., of Brentwood, Tenn.-based McArthur Sanders Real Estate.