Commercial Property

Nashville Mortgage Rates at Lowest Level in Five Weeks

November 17, 2009 by admin · View Comments 

The 30-year fixed mortgage rate fell to 4.91 percent for the week ended Nov. 12, , down from an average of 4.98 percent a week earlier, and has now been below 5 percent for five of the last seven weeks, reports Freddie Mac. Also, 15-year fixed loans fell to 4.36 percent from 4.40 percent; five-year [...]

Nashville Medical Trade Center Close to Reality

August 22, 2009 by admin · View Comments 

This article entitled “Medical trade center closes in on downtown location” appeared in the Nashville Business Journal on August the 21th, 2009. The author is Jenny Burns:
“Market Center Management Company is in negotiations for a downtown location to bring its mammoth medical trade center to Nashville, a move that developers say will bring thousands of health care professionals [...]

Music City Center Hotel Build Team Chosen

July 7, 2009 by admin · View Comments 

Phelps Portman Nashville, LLC Selected to Develop, Design and Build 1,000-room Convention Center Headquarters Hotel in Nashville, Tenn.
 
NASHVILLE, Tenn. and ATLANTA, June 19 /PRNewswire/ – The Nashville Metropolitan Development and Housing Agency (MDHA) announced that it has selected Phelps Portman Nashville, LLC to develop, design and construct a 1,000-room hotel adjacent to the planned new [...]

The Terrazzo Gains Commercial Office Tenant

April 15, 2009 by admin · View Comments 

This article entitled “BB&T makes moves to Terrazo in Gulch” appeared in the Nashville Business Journal on April the 13th, 2009. A staff writer wrote:
“BB&T has moved its commercial lending and wealth management operations from Belle Meade to the Terrazzo in the Gulch.
BB&T signed the lease for space in the $68 million mixed-use tower in [...]

Landmark Commercial Real Estate Sold Cheap

April 2, 2009 by admin · View Comments 

This article entitled “Is the Distressed Sale Price of Boston’s Hancock Tower a Harbinger of Things to Come?” appeared on the National Real Estate Investor website on April the 1st, 2009. Sibley Fleming wrote:
“From a seller’s perspective, the sale price of Boston’s iconic John Hancock Tower yesterday was anything but positive. The 60-story building, the [...]

Commercial Real Estate and Relief

November 21, 2008 by admin · View Comments 

The “NAR released a statement this week regarding the Commercial Leading Indicator, a tool that assesses market behavior in thirteen major commercial real estate sectors. Lawrence Yun, NAR Chief Economist, said all components of the CLI were down with the exception of personal income, but he commented about an encouraging possibility – that the Treasury [...]

Eakin Partners Begin Site Work on Gulch Offices

April 18, 2008 by admin · View Comments 

I recently drove by the corner of 12th Avenue South and Demonbreun Street in the Gulch and noticed that the old tire repair and replacement building was in the process of being cleared. I had not heard anything about this project since early to mid 2007, but it appears that Eakin is going to be [...]

New Commercial Real Estate Services For Investors

July 20, 2007 by admin · View Comments 

The Remarkable Homes Team is very proud to announce our new dedicated service for Nashville commercial real estate investors serving the entire middle Tennessee area. This service is headed by Mr. Todd McCalla of Cumberland Commercial Partners in an exclusive partnership with the Remarkable Homes residential Team.
This service is designed to guide the commercial investment [...]