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Nashville-Area Developer Acquires Historic Downtown Building
Another historic office structure with good bones has been picked up for a likely conversion to apartments. The Samaroo Group purchased the downtown Nashville’s Morris Memorial building. The Nashville Business Journal reports the iconic four-story structure on MLK Boulevard sold for $6 million.
The 0.38-acre property once was the site of the city’s largest slave-trading business. Decades later, the National Baptist Convention commissioned the construction of the building in 1922. They’ve held it since then.
Samaroo properties in Nashville include The Brownstone’s, a residential condo community; The Lofts, a rental community, the Student Apartments and the The Commons, a shopping and dining option.
Numerous developers have purchased old brick mills and stone warehouses to turn into either office, residential or retail options.
- ◦Sale/Acquisition
