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Atlanta & Southeast  + Southeast  |  December 13, 2019
David Cohen
By: David Cohen

Avison Young Arranges $21M Sale of Two Land Parcels in Nashville’s Gulch

Avison Young has arranged the $20.7 million sale of two redevelopment parcels located in the Gulch in Nashville. The two parcels are located at 805 & 809 Division St., and total more than two acres. The buyer, The Dinerstein Cos., bought the two parcels for a mixed-use redevelopment.

Lisa Maki and Mike Jacobs of Avison Young represented the seller, RJ Young, in the transaction. RJ Young acquired a 20-acre property located on Freeland Station Road in 2017 for its new headquarters. The company has been headquartered at the Gulch since 1955.

“We are pleased to have selected a buyer that understood our need to make our move to the new facility as smooth a transition as possible” said Chip Crunk, CEO of RJ Young. “The Dinerstein Companies was a great fit in helping us achieve our goals on timing, and we are very excited to have our entire Nashville operation operating at one property now”

For comments, questions or concerns, please contact David Cohen

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About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.
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