Bell Forge Cinemas Sells for $1.5M-New Islamic Center Coming to Davidson County

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.

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PENT-UP CAPITAL GENERATES 'FEROCIOUS' COMPETITION FOR CORE, DISTRESSED SHOPPING CENTERS

While still a far cry from the avalanche some predicted would hit the market a year ago, distressed shopping malls and strip centers have contributed to a marked increase in retail sale activity this year. At the same time, a rush by institutional investors to pick up quality core properties at the other end of the retail property spectrum has also...

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CoStar Group, Inc.
2 Bethesda Metro Center, 10th Floor
Bethesda, Maryland 20814 USA
Tel: 800-204-5960
http://www.costar.com/

Posted via email from Exit Real Estate Commercial Solutions

Great Nashville, TN (White House) area Country Home / Rental / Investment Property

White House, Tennessee, bedroom community for Nashville, TN.   Country home close to the convienence of the city.  3 bed room 3 full bath home at a Fantastic value price. See http://bit.ly/9xpzJS For complete detail;s

Posted via email from Exit Real Estate Commercial Solutions

Port Tracker report calls for 15 percent annual volume increase and a new peak month - Article from Logistics Management

via logisticsmgmt.com

Posted via email from Exit Real Estate Commercial Solutions

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This news article was recommended by Royce Dugan:

STUDY FINDS COMMERCIAL RETROFITS COULD SAVE $41B ANNUALLY IN ENERGY COSTS

Although energy-efficient retrofitting of commercial buildings has the potential to return twice as much in savings to owners and tenants as they require in investments, interest in pursuing retrofits has remained relatively low, dampened by the financial constraints on building owners from the economic recession, and lack of available financing options...

Message from Royce Dugan:
Pricing pressure on commercial properties are causing owners to look at gains now available by reduced operating cost. Energy-efficient retrofitting of commercial buildings has the potential to return twice as much in savings to owners and tenants as they require in investments.

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CoStar Group, Inc.
2 Bethesda Metro Center, 10th Floor
Bethesda, Maryland 20814 USA
Tel: 800-204-5960
http://www.costar.com/

Posted via email from Exit Real Estate Commercial Solutions

Nashville and Davidson County have positive growth in Population and Job Growth according to IRS Study

Click the link below to see the Forbes Magazine article about the IRS study on population movement and per capita income shift.  Very interesting interactive map.

http://www.forbes.com/2010/06/04/migration-moving-wealthy-interactive-counties-map.html?preload=47037

Sumner County gains in Population Moving Into the county

Click the link to see an interactive map that shows the population movement in and out of Sumner County and the per capita income of each.  Interesting view of our local economy.

http://www.forbes.com/2010/06/04/migration-moving-wealthy-interactive-counties-map.html?preload=47165