Commercial & Retail Real Estate News - BSM Properties in the news and articles of interest (2016 Archive)

Archives: 2016 | 2015 | Earlier

Midtown Retail Property Sells for $5 Million

A Midtown Memphis strip mall is changing hands for $5 million, according to a special warranty deed filed with the Shelby County Register of Deeds on Dec. 21. Sigo Partners LLC, acting as Poplar Avalon LLC, sold the property located at 1625 Poplar Ave... Read Article

Dollar General to open first smaller-format DGX store on West End in Nashville

Dollar General Corp. has leased a portion of the former TGI Friday's restaurant space at the corner of West End and 21st avenues for the first location under its new, smaller-format store concept... Read Article

California-based pizza chain descending on Midtown, Murfreesboro

California-based PizzaRev will soon occupy about half of the former TGI Friday's space at the corner of West End Avenue and 21st Avenue. The prime piece of Midtown real estate will be the first... Read Article

Retailer plans to build new Beavercreek store

A Nashville developer is looking to build a mattress store in Beavercreek. An affiliate of Nashville, Tenn.-based Baker Storey McDonald Properties is seeking city approval to build a Sleep Outfitters at the Shoppes at Fairfield Commons... Read Article

Long-empty TGI Friday’s space lands upgrade

The high-profile Midtown retail space once home to a TGI Friday’s restaurant and empty since August 2014 is slated to be reinvented. 2100 West End Associates owns the retail building, which anchors the northeast corner of the intersection of West End and 21st avenues... Read Article (subscription)

Aldi set to anchor development on South Church

Aldi grocery store will anchor a new multi-tenant development on South Church Street in Murfreesboro, according to documents found on Baker Storey McDonald Properties website. The commercial development... Read Article

Apartment complex, retail space slated for South Broad near Lookout Mountain

A 122-unit apartment building, coupled with the most retail space to come to a part of South Broad Street in decades, is in the works near Lookout Mountain. Two nearby parcels on... Read Article

Gibson looks to shed Nashville properties

Guitar maker Gibson Brands has put its 1.62-acre real estate portfolio near downtown Nashville up for sale, a move that comes amid strong developer interest in projects in that area called the North... Read Article

Friendship Community Church closes on Shiloh Plaza property

A Mt. Juliet church well known for their community outreach last week closed on a huge deal to buy out the Shiloh Plaza property near the county line to further their mission. A Mt. Juliet church well known for their... Read Article

New industry, housing spur Midstate growth

The bitter taste of Hemlock Semiconductor’s abandonment of plans to build a billion-dollar plant in Montgomery County has been sweetened somewhat, one of many in the commercial real estate market in Nashville’s surrounding... Read Article

Kung Fu Saloon headed for Nashville Midtown

Bar and arcade Kung Fu Saloon is headed for Nashville’s Midtown this summer in the company’s first expansion outside of Texas. The bar plans to open at 1921 Division St. in a building purchased for... Read Article

Is Nashville's real estate market overheating?

After building 1,200 apartment units in Nashville over the past three years, Atlanta-based SWH Residential Partners will take a pause this year. The move, driven by concerns about an overheated market, comes as more than 15,000 units are under construction and building costs are... Read Article


Elizabethton, TN - Bemberg Crossing

BSM Properties Featured Listing
791 W. Elk Avenue
Elizabethton, TN  37643

64,984 SF  Sale

103,630 SF Building (64,984 SF Available For Lease). 38,646 SF Leased to Big Lots through 1/31/2027. Stabilized income with the opportunity for substantial upside through lease-up. Ideal location directly adjacent to Walmart Supercenter and Lowe’s. Former Walmart box. Signalized entrance and dedicated turn lane on Hwy 321. Parking ratio is 4.5 per 1,000 SF. Johnson City MSA +200,000 people. Area retailers include: Walmart, Lowe’s, Food City, Burke’s Outlet, Dollar Tree, and Auto Zone.

Chattanooga TN - 4503 Highway 58

BSM Properties Featured Listing
4503 Highway 58
Chattanooga, TN  

1850 SF  Sale or Lease

1,850 SF restaurant space with a drive-thru, Starbucks lease through February 2018. Built in 2007, construction in excellent condition. Property in growing market with 39,829 ADT. Signaled access to property. This property is for SALE or LEASE,