HISTORIC JOHN H. DANIEL BUILDING IN DOWNTOWN KNOXVILLE SELLS FOR $2.9M

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KNOXVILLE, TENN. — JHD, a Knoxville-based real estate investor and developer, has purchased the historic John H. Daniel Building in downtown Knoxville for $2.9 million. John H. Daniel Co., which sold the 109,000-square-foot light industrial building, has been at the 114-124 W. Jackson Ave. building since 1928. George Brown and Brad Blackwell of Wood Properties Inc. represented the seller in the transaction. The mixed-use property has approximately 100 apartment units and several thousand square feet of retail/commercial space. John H. Daniel Co. will continue its operations in a facility north of downtown.

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