Tennessee
Premium Waters to Locate Operations in Mississippi
Private-label water bottling company Premium Waters Inc. has decided to locate operations in the 462-acre J.C. McDonald Industrial Park in… Read more
Healthcare Realty Pays $53M for MOB
Healthcare Realty Trust paid $53 million to Redmon, WA-based Valley Medical Office Building LLP for the Talbot Professional Center on… Read more
Simmons First Nat’l Pays $77M for Citizens National
Simmons First National Corp., headquartered in Pine Bluff, AR, has closed on its acquisition of Citizens National Bancorp. Simmons’ $77-million… Read more
BRT Snags Second MS Multifamily for $38M
BRT Realty Trust acquired its second multifamily property in Southaven, MS, a suburb of Memphis, TN. The New York REIT… Read more
One Liberty Pays $33M for TN Distribution Facility
One Liberty Properties Inc. acquired a 540,240-square-foot distribution center on nearly 43 acres in Lebanon, TN, a suburb of Nashville. The… Read more
National Health Invests $37M in Oregon Senior Living Facilities
National Health Investors acquired two senior living facilities, totaling 134 units, in McMinnville, OR. The Mufreesboro, TN REIT paid $36.6… Read more
Nashville Superspeedway Under Contract for $45M
Dover Motorsports Inc. entered into a definitive agreement to sell its Nashville Superspeedway facility to Panattoni Development Co. In addition… Read more
MF Development in Birmingham Receives $21M Infusion
The under-construction Park 35 on Clairemont in Birmingham, AL received an investment of $21.1 million, courtesy of Preferred Apartment Communities… Read more
Montecito Medical Adds Iowa Class A MOB to Portfolio
Montecito Medical struck a deal with Lockard Development Inc. for ownership rights to the 59,615-square-foot Terrace Park Professional Center in… Read more
Logan’s Roadhouse Files for Bankruptcy
Logan’s Roadhouse Inc., which owns and operates steakhouses throughout the United States, has filed for bankruptcy protection. As part of… Read more
Canadian Buyer Nabs Chicago-Area MF for $68M
John Hancock Real Estate, a unit of Manulife Financial in Toronto, paid $68 million for the 204-unit Oak Park Place… Read more
Nashville to Embark on $1.2B Airport Redo
Nashville International Airport Authority has unveiled plans for a $1.2 billion renovation that will include new parking, a larger baggage… Read more
Inland Ports Growing in Strength, According to CBRE
Inland ports have become important in supply chains, noted CBRE’s “Inland Ports Logistics 2016 North America Annual Report.” As online… Read more
Marriott Begins Work on Triple-Brand, 470-Key Property
Marriott International Inc. broke ground on a first-ever triple-branded property. The 470-room hotel in Nashville’s SoBro neighborhood will house AC… Read more
CBL Closes on $73M Loan, Secured by Slidell, LA Asset
CBL & Associates Inc. closed on a non-recourse, $73 million loan from Wells Fargo. The 10-year, 3.7% fixed-rate loan was… Read more
Steadfast Sets High-Water Mark in $110M MF Acquisition
Irvine, CA-based Steadfast Apartment REIT acquired Landings of Brentwood, a 724-unit apartment property in Nashville, TN for $110 million. The… Read more
$31M Refi Placed on Two MF in Tennessee
Hunt Mortgage Group has refinanced two multifamily properties in Jackson, TN. Both mortgages were Freddie Mac ARM loans totaling $31.1… Read more
GBT Planning 28-Acre Retail in Missouri
GBT Realty Corp., based in Tennessee, is planning a late-summer groundbreaking on the 28-acre Shoppes of Mid Rivers in St.… Read more