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Atlanta & Southeast  + Southeast  + Retail  |  September 3, 2020
David Cohen
By: David Cohen

Partnership Acquires Metro Nashville Power Center for $141M

Equity Street Capital, in partnership with Big V Property Group, has acquired The Avenue Murfreesboro, a 843,248-square-foot power center located in metro Nashville. The sales price was $141.3 million.

The power center consists of six multi-tenant buildings, eight freestanding outparcels and five vacant pads on more than 96 acres. The current tenant roster includes Best Buy, Dick’s Sporting Goods, Belk, H&M and Petco.

“The property is one of the best retail centers in all of Tennessee and we can’t thank everyone enough who participated in putting this deal together,” said Paul Esajian, co-founder at Equity Street Capital.

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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