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Franklin, Tenn. — Matthews Real Estate Investment Services has negotiated the $11.8 million sale of Carothers Crossing, a shopping center located roughly 22 miles outside Nashville in Franklin. Hutt Cooke and Clay Smith of Matthews Real Estate Investment Services represented the undisclosed seller in the transaction. The buyer was also not disclosed. Carothers Crossing was fully occupied at the time of sale by tenants such as Starbucks Coffee, FirstBank and Pacific Dental.