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POSTBUSINESS

By: William Williams
Posted: Friday, August 28, 2015 - 14:13
A SoBro architectural icon is being razed. Demo Plus Inc. is fully underway on the demolition of the modernist building last home to United Methodist Publishing House, with the work being undertaken to make way for a JW Marriott (read more here).
By: Geert De Lombaerde
Posted: Friday, August 28, 2015 - 13:06
Sprinkles Cupcakes plans to open its first Tennessee store on 12South this winter. Officials say the store will sell cupcakes, cookies and ice cream and feature a Cupcake ATM that will run around the clock.
By: Geert De Lombaerde
Posted: Friday, August 28, 2015 - 10:34
A number of analysts have tweaked their price targets for shares of Dollar General following the company’s second-quarter profit report, which investors met with a good bit of antipathy. Most of the Street moves so far have been positive, though: Scott Ciccarelli at RBC Capital has taken his target to $88 from $86 — Dollar General (Ticker: DG) is changing hands this morning around $74 — and Matt Boss at JPMorgan Chase is even more upbeat, having taken his target to $90 from $87.
By: William Williams
Posted: Friday, August 28, 2015 - 08:45
CBRE has promoted Eric Deems to sales manager for the Nashville market. According to a release, Deems (pictured) will continue to work directly with Managing Director Stephen Kulinski. His goals will include increasing strategic opportunities and expanding market share for CBRE’s sales professionals. Previously, Deems served CBRE for two years as senior business analyst for the Nashville market.
By: William Williams
Posted: Friday, August 28, 2015 - 07:20
This could prove interesting. Today is the deadline for prospective buyers to make an offer for a SoBro property located at 804 Fourth Ave. S. Of note, the property (spanning 1.48 acres and home to the oddly named and non-descript Downtown Business Center building) is one of a minimum of 20 in SoBro that are for sale, under contract or being prepped for redevelopment, as the fast-changing area continues to attract major real estate industry interest.
By: Geert De Lombaerde
Posted: Friday, August 28, 2015 - 07:06
Nashville-area homeowners continued to improve their financial standing in June: The 90-day delinquency rate among mortgage borrowers ticked down to 2.35 percent, half a point below where it was at the end of 2014. Here's how the delinquency and foreclosure rates have fared so far this year. And here's CoreLogic's national report.
By: Geert De Lombaerde
Posted: Friday, August 28, 2015 - 06:51
Local cloud software developer Edgenet says it is continuing to pursue several legal claims against fellow product configuration company WTS Paradigm, which it accuses of IP infringement. Edgenet Executive Vice President Tim Stafford — who last year was part of a group that bought the company out of bankruptcy — says the company has dropped some of its initial claims (and WTS has done the same) while adding new issues.
By: William Williams
Posted: Thursday, August 27, 2015 - 12:43
A Charlotte Avenue building last home to used auto dealership Perry Auto Sales is now the space for Masaya & Co. The retailer’s opening follows 3500 Charlotte Pike Partners' April acquisition of the property and suggests a redevelopment of the site will not happen quickly as some had speculated. Based in Nashville, Masaya specializes in furniture made from sustainably sourced local materials and bills itself as offering a “responsible alternative to mass production goods.” The company has a tree nursery in Nicaragua.
By: William Williams
Posted: Thursday, August 27, 2015 - 10:49
HCA has landed a major permit for its mixed-use tower under construction in the North Gulch. Skanska is handling the job, with the permit valued at about $90.6 million. The work involves constructing a 16-story shell for the tower. To rise about 250 feet, the building will accommodate HCA divisions Sarah Cannon Research Institute and Parallon. Read more about the project here. 
By: William Williams
Posted: Thursday, August 27, 2015 - 09:15
A trio of development groups is attempting to acquire a Gulch site from which a storage business operates across Division Street from Yazoo Brewing Co. The Tennessean reports that Tommy Pierce, president of A+ Storage of Tennessee and majority owner of the property, expects to reach an agreement with one of the prospective suitors by the end of September.