Tennessee

Wolf Run Plaza
Investment salesNewsTennessee

Cushman & Wakefield | Commercial Advisors Brokers $11.1 Million Sale of 70,659-Square-Foot Retail Center in Metro Memphis, Tennessee

by Abby Cox

Bartlett, Tenn. — Cushman & Wakefield | Commercial Advisors has brokered the sale of Wolf Run Plaza, a 70,659-square-foot retail center located in Bartlett, approximately 15 miles northeast of downtown Memphis. The Memphis Business Journal reports the purchase price as $11.1 million. The property was 94 percent leased to nine tenants at the time of sale including Guitar Center, Gould’s Academy, TCBY and Pump It Up. Landon Williams and Ryan Thomas of Cushman & Wakefield | Commercial Advisors represented the buyer, Gregory Realty GP, led by local investor Hulet Gregory. …

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Southside at McEwen
Grocery-anchoredInvestment salesNewsTennessee

Nuveen Sells 92,470-Square-Foot Center in Metro Nashville, Tennessee

by Abby Cox

Franklin, Tenn. — New York City-based Nuveen Real Estate has sold Southside at McEwen, a 92,470-square-foot retail center located in Franklin, roughly 20 miles south of downtown Nashville. Jim Hamilton, Brad Buchanan and John Perry Hilton of JLL represented Nuveen in the transaction. Dallas-based Lincoln Property Co. served as the investment advisor for the buyer, a high net-worth family office. The sales price was not disclosed. Whole Foods Market anchors Southside at McEwen, which was built in 2012 on approximately 10.5 acres. The fully leased center features a mix of …

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baggage-building
FinanceInvestment salesNewsTennessee

BWE Arranges $42.5 Million Loan to Refinance Historic Baggage Building in Nashville, Tennessee

by Abby Cox

Nashville, Tenn. — BWE has arranged a $42.5 million loan to refinance the historic Baggage Building, a 61,000-square-foot office and retail property located at 111 10th Ave. S. near Nashville’s Gulch district. Nick Harb of BWE secured the financing through a regional bank on behalf of the borrower, DZL Properties. The loan features a “meaningful” interest-only payment period. The Baggage Building was originally built between 1898 and 1900 as part of the Louisville-Nashville Railroad/Union Station terminal complex used to handle luggage and freight. Renovated in 1999, tenants at the four-story …

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Trustmark
AlabamaFloridaInvestment salesNewsTennesseeTexas

JLL Arranges $91.7 Million Sale-Leaseback of Retail Bank Portfolio Spanning Five States

by Abby Cox

Chicago — JLL Capital Markets has arranged the $91.7 million sale-leaseback of 34 retail bank branches occupied by Trustmark Bank, spanning five states across the Southeast. The 222,037-square-foot portfolio includes 15-year absolute triple-net leaseback agreements featuring 1.5 percent annual rent increases. The portfolio is predominantly located in Mississippi, alongside locations in Florida’s Gulf Coast; Memphis, Tennessee; Houston, Texas; and Montgomery and Huntsville, Alabama. Trustmark will continue to operate branches at each of the locations with no changes to its products or service offerings. JLL’s Chicago-based Corporate Capital Markets and Net Lease …

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Stateline
Investment salesNewsTennessee

JLL Arranges $54.3 Million Sale of Retail Portfolio in Nashville

by Abby Cox

Nashville, Tenn. — JLL Capital Markets has arranged the $54.3 million sale of a two-property retail portfolio located in Nashville. The properties, which span 134,113 square feet, include Breeze Block at 6100-6110 Robertson Ave. and Stateline at 5300 Centennial Blvd. Breeze Block totals 39,452 square feet and serves as a neighborhood-oriented destination featuring retail, restaurant, wellness and office space. Stateline comprises 94,661 square feet of mixed-use space and includes a blend of office, retail, health and wellness and service-oriented tenants. Both properties were developed within the past several years and offer …

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DevelopmentNewsTennessee

GBT Realty to Develop 300,000-Square-Foot Retail Center in Metro Nashville, Tennessee

by Abby Cox

Gallatin, Tenn. — GBT Realty Corp. has announced plans to develop The Crossroads of Gallatin, a 300,000-square-foot shopping center located in Gallatin, approximately 30 miles northeast of Nashville. Current development plans include roughly 30,000 square feet of divisible shop space, multiple large format retail spaces ranging up to 55,000 square feet and six outparcels. The Brentwood, Tennessee-based developer is currently in discussion with multiple dining, retail, health and fitness and service-based retailers and restaurants. Upon full build-out, The Crossroads of Gallatin will be the largest shopping destination constructed in the Nashville MSA …

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Bend Hill Partners Rendering
DevelopmentNewsTennessee

Urban Story Ventures Announces $350 Million Retail, Residential District at The Bend Mixed-Use Development

by Abby Cox

Chattanooga, Tenn. — Urban Story Ventures has announced a new $350 million retail and residential district that will be joining The Bend, a 120-acre mixed-use riverfront development along the Tennessee River in downtown Chattanooga. The project is being delivered in partnership with Hill Partners and Perkins&Will. Construction is expected to begin in 2027, with an anticipated completion timeline for the fall of 2028. The new open-air district will feature a blend of restaurants, retail, office space and residential, as well as a $300 million amphitheater that is being developed by Venu …

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DevelopmentGeorgiaNewsOklahomaRetailersTennesseeTexasVirginia

Academy to Open 11 New Stores Across Six States in Third Quarter 2026

by Abby Cox

Katy, Texas — Academy Sports + Outdoors has opened two new stores in St. Clairsville, Ohio, and Kerrville, Texas, with plans to open nine additional locations this quarter in Celina, Texas; McAlester, Oklahoma; Lacy Lakeview, Texas; Fayetteville, Georgia; Roanoke, Virginia; Statesboro, Georgia; Granbury, Texas; Millington, Tennessee; and Fairview, Texas. To date, Academy has opened seven new stores in 2026 and anticipates opening a total of 20 to 25 new locations this fiscal year. Academy Sports + Outdoors has opened more than 60 new locations since 2022, including 24 new stores across …

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Grocery-anchoredInvestment salesNewsTennessee

Sembler Co., Forge Capital Acquire Kroger-Anchored Center in Jackson, Tennessee

by Abby Cox

Jackson, Tenn. — The Sembler Co. and Forge Capital have acquired Lynnwood Place, a 96,613-square-foot, grocery-anchored center located in Jackson. The property was acquired through the Forge Real Estate Partners investment fund. Lynnwood Place, which was 82 percent occupied at the time of sale, features a mix of tenants such as Kroger, Domino’s Pizza, Cato and Spectrum. Approximately 17,515 square feet of small-shop space is available for lease. The Sembler Co. will serve as the property manager and leasing agent at the center. Cushman & Wakefield represented the seller, Phillips Edison …

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Newmans-Crossing
Grocery-anchoredInvestment salesNewsTennessee

Blackwater Real Estate Sells 63,987-Square-Foot, Grocery-Anchored Center in Metro Nashville, Tennessee

by Abby Cox

Gallatin, Tenn. — Blackwater Real Estate has sold Newmans Crossing, a 63,987-square-foot retail center located in Gallatin, approximately 30 miles northeast of Nashville. Built in 2022 and 2023, the fully leased property is anchored by a 48,387-square-foot Publix. Additional tenants include Agaves Mexican Restaurant, Kung Fu Tea, Ichiban Steak Express, Fowler Family Dentist, Galaxy Nail Bar and Crown & Iris. Jim Hamilton, Brad Buchanan and Charlie Merrigan of JLL represented Blackwater Real Estate in the transaction. Publix purchased the property for an undisclosed price.

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