Cool Springs Auction Fails

In Cool Springs real estate news today, Jim Stevens Realty & Auction attempted unsuccessfully to auction a 1.094 Acre commercial parcel located at 9035 Carothers Parkway in Franklin TN.  I counted a total of 28 people in attendance that did not work for Jim Stevens.  All Jim Stevens employees have bright reds shirts, it was easy.  That total number includes the sellers of the property [...]

Cool Springs Real Estate CEO Arrested

Stewart Heath, CEO of Equity Real estate, was arrested in connection to an incident where he reportedly pulled a gun on  someone at his office in Cool Springs TN.  Comments below the story offer several versions of what may have happened.  One comment mentioned Equity Real Estate being in the property management business.  The author of the comment speculated [...]

Developer Crescent Resources Files For Bankruptcy

Cool Springs developer Crescent Resources has just filed for bankruptcy.  Crescent Resources is a commercial real estate company who developed the majority of Class A office space that is located on the East side of I-65, close to the Cool Springs Marriott, Embassy Suites and Nissan North America Headquarters.  Here is the story reported by Susan Stabley with the Charlotte Business Journal:
Real [...]

Cool Springs Auto Dealerships in Court

A prime chunk of real estate and a handful of auto dealerships in Cool Springs TN including Nissan of Cool Springs, Mazda of Cool Springs, Infiniti of Nashville, Subaru of Cool Springs and Car Universe Pre-Owned Superstore, are in receivership because the owner Dan Schmidt has defaulted on almost $30 million in loans.
Here is the story [...]

Cool Springs Commercial Real Estate Q & A

Here is a commercial real estate Q & A with a few local Cool Springs real estate agents as reported by The Nashville Business Journal:
“QUESTION: Geographically, which areas in your specialty are performing best?
Matt Harris
Partner | Waller Lansden Dortch and Davis | 615-850-8906
Industrial market
The Clarksville market is currently in the best shape. Once Hemlock Semiconductor Corp. [...]

Cool Springs Owners Get to Grips with Space Glut

Crescent Resources’ One Greenway Centre will open soon and add to the oversupply in the once-hot Cool Springs market.  Here is the story reported by Matthew Williams with the The City Paper:
“Since the early ’90s, Cool Springs has produced a continuous stream of office and retail developments clamoring to serve some of the country’s wealthiest [...]

Apartment Market on the Upswing

Here is the story as reported by Jenny Burns with the Nashville Business Journal:
” The number of apartment units under construction in greater Nashville has nearly doubled since last year, topping 4,500 units.
“That’s significant,” says Brad Cather, president of the Greater Nashville Apartment Association, which tracks apartment construction. “It remains to be seen whether all [...]

$70M Camden Commons Breaks Ground

The Cool Springs real estate market continues to stay red hot with a large upscale mixed use development including lofts, retail and office that has broken ground here in Franklin TN.  The project is called Camden Commons and is located in Gateway Village.  Here is the story reported by the Nashville Business Journal:
” Coda breaks ground on $70M Camden Commons

Coda Development [...]