Tennessee

The Picklr to Open 80 New Venues in 11 States

by Hayden Spiess September 7, 2023

Kaysville, Utah — Utah-based indoor pickleball brand The Picklr will open 80 new venues across eleven states, including Arizona, Colorado, Florida, Georgia, Illinois, Minnesota, Nevada, Tennessee, Texas, Utah and Wyoming. The facilities will be opened in partnership with 13 new franchisees. “With seven corporate owned facilities, our first-mover advantage has undeniably led to a high level of interest from well capitalized candidates across the entire country,” says Scott Schubiger, chief growth officer of The Picklr.

September 7, 2023

Development Entertainment News Tennessee

Kingsmen Xperience, Bright Play to Open 29,000-Square-Foot NERF Entertainment Center in Pigeon Forge, Tennessee

by Hayden Spiess August 30, 2023

Pigeon Forge, Tenn. — Kingsmen Xperience and Bright Play have announced plans for NERF Action-Xperience (NAX), an entertainment center that will total more than 29,000 square feet in Pigeon Forge. Scheduled to open next fall, the attraction will feature blaster battle zones, sports challenges and an obstacle course, as well as a food and beverage area and retail store. This marks the second location, with the first NAX center in New Jersey. NERF is a Hasbro brand.

August 30, 2023

Development Entertainment Leasing News Tennessee

BrightColors, Kingsmen Xperience to Open 30,000-Square-Foot Crayola Attraction in Pigeon Forge, Tennessee

by Hayden Spiess August 18, 2023

Pigeon Forge, Tenn. — BrightColors LLC And partner Kingsmen Xperience Inc. have announced plans with Crayola to open a 30,000-square-foot Crayola Experience in Pigeon Forge. Upon completion, the indoor family entertainment center will feature 20 attractions and a retail store. The Pigeon Forge location marks the sixth attraction for the brand, which has opened others in Pennsylvania, Florida, Minnesota, Texas and Arizona. Four additional Crayola Experience locations will open over the next five years, the locations of which were not disclosed.

August 18, 2023

Development Entertainment News Tennessee

Cordish Plans Adaptive Reuse Project for Historic George Jones Building in Downtown Nashville

by Hayden Spiess June 29, 2023

Nashville, Tenn. — The Cordish Cos. has revealed plans for Nashville Live!, an adaptive reuse of the historic George Jones building in Downtown Nashville. Upon completion, the property will offer 50,000 square feet of dining and entertainment space. Nashville Live! will feature a different concept on each of its five floors, including a DraftKings Sports & Social restaurant and bar, a flagship location for PBR Cowboy Bar and concert hall, an elevated rooftop venue, a 10,000-square-foot private event space with room to host up to 450 people, and an exclusive speakeasy …

June 29, 2023

Development Grocery-anchored News Tennessee

Sembler to Develop 75,000-Square-Foot Retail Center in Metro Nashville

by Hayden Spiess June 23, 2023

White House, Tenn. — The Sembler Co. has announced plans for White House Shops, a 75,000-square-foot retail center to be developed in White House, roughly 30 miles outside Nashville. Publix has signed a 48,387-square-foot lease to anchor the property, which will also feature 11,000 square feet of adjacent retail space and 9,000 square feet of shop space across two additional buildings. Completion of the project is scheduled for next summer. Semblar acquired the 20-acre site earlier this month from a private owner for an undisclosed price.

June 23, 2023

Development Leasing News Tennessee

Southwest Value Partners, AEG Sign Iconix Fitness to 40,000-Square-Foot Lease at Nashville Yards

by Hayden Spiess June 22, 2023

Nashville, Tenn. — Southwest Value Partners and AEG, joint venture partners and co-developers of the 18-acre Nashville Yards mixed-use development in Nashville, have signed Iconix Fitness to a 40,000-square-foot retail lease. Michael Townsend of Townsend & Associates advised Iconix Fitness in the lease transaction. Scheduled to open in summer 2025, Iconix will occupy the entire second floor of a 420,000-square-foot building, which will also house an EVO Entertainment venue. The Iconix club will feature dedicated entry on the ground floor with retail space offering fitness apparel, as well as a health-focused …

June 22, 2023

Development Leasing News Restaurants Tennessee

Four Tenants Sign Leases at Hamilton Place in Chattanooga

by Hayden Spiess June 20, 2023

Chattanooga, Tenn. — Four new tenants will join Hamilton Place in Chattanooga. Crunch Fitness will open a 35,000-square-foot location at the property, and restaurants Texas Roadhouse, Taco Mamacita and Community Pie have also signed leases. Construction on the Crunch Fitness space is scheduled to begin in August, with the opening planned for later this year. Work is currently underway on Community Pie and Taco Mamacita, which will open in July and next year, respectively. Texas Roadhouse is also scheduled to open next year, with construction anticipated to begin later this month. …

June 20, 2023

Development News Tennessee

Buc-ee’s to Open 74,000-Square-Foot Travel Center in Sevierville, Tennessee

by Hayden Spiess May 31, 2023

Servierville, Tenn. — Buc-ee’s will open a 74,000-square-foot travel center in Sevierville, roughly 30 miles southeast of Knoxville, marking the second location in the state for the brand and the largest travel center in the world. Scheduled to open at the end of June, the center will feature 120 fueling stations in addition to a store and car wash. Buc-ee’s, which currently operates 46 locations, is additionally underway on a 75,000-square-foot center in Texas and announced its first Virginia location in March of this year.

May 31, 2023

Grocery-anchored Investment sales News Tennessee

JLL Brokers $18.4 Million Sale of Retail Center in Memphis

by Hayden Spiess May 5, 2023

Memphis, Tenn. — JLL Capital Markets has brokered the $18.4 million sale of Summer Center, a retail center in Memphis. Built in 1957, the property comprises 136,673 square feet and was renovated in 1992 and 2008. Kroger, Ross Dress for Less, Five Below and Aaron’s anchor the center, which was 97 percent leased at the time of sale. Jim Hamilton, Brad Buchanan and Andrew Kahn represented the seller, a joint venture between Forge Capital Partners and The Sembler Co. United Properties Corp. acquired the property.

May 5, 2023

Investment sales News Tennessee

Ziff Real Estate Partners Sells 18,156-Square-Foot Retail Strip Center in Chattanooga, Tennessee

by Hayden Spiess May 4, 2023

Chattanooga, Tenn. — Ziff Real Estate Partners has sold East Brainerd Shopping Center, an 18,156-square-foot retail strip center located in Chattanooga. The property is leased to tenants including East Brainerd Wine & Spirits, Marco’s Pizza, Tobacco Mart of Chattanooga and Good World Goods. A gas station and Food City grocery store, not included in the sale, are also located within the center.

May 4, 2023

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