Martin Theaters Inc. sold the Bell Forge Cinemas in Antioch to the Islamic Center of Tennessee for $1.5 million, or about $33 per square foot. The new owner plans to completely redevelop the property, transforming it into an elaborate Islamic Center with prayer halls, classrooms and a swimming pool.
The 44,910-square-foot retail property was built in 1983 on eight acres of land.
Paul Gaither and James Morris of CB Richard Ellis represented the seller in the transaction, while the buyer was self-represented.
Thursday, August 26, 2010
Bell Forge Cinemas Sells for $1.5M-New Islamic Center Coming to Davidson County
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