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POSTBUSINESS

By: Geert De Lombaerde
Posted: Monday, August 24, 2015 - 14:32
The Tennessee Chamber of Commerce & Industry will next month move into its new headquarters in the Bank of America Plaza. The organization, along with the affiliated Tennessee Manufacturers Association, will relocate from the Renaissance Tower to make its new home in suite 107 of the Union Street building. Along with the move comes a new logo (pictured here) designed by DVL Seigenthaler.
By: William Williams
Posted: Monday, August 24, 2015 - 13:45
Nashville-based Urban Housing Solutions is targeting an early September groundbreaking on its long-planned residential project slated for North Nashville. Brent Elrod, UHS project director, said Memphis-based Patton & Taylor Enterprises will construct the building, to be called 26th and Clarksville Apartments and located at the intersection from which its name derives. Elrod said the contract with Patton & Taylor Enterprises is $2.36 million. 
By: William Williams
Posted: Monday, August 24, 2015 - 12:50
A permit has been issued related to the Kroger that will take the space last home to Harris Teeter and located at the southwest corner of the intersection of 21st Avenue and Blair Boulevard near Hillsboro Village. According to a Metro Codes Department document, the work will involve rehabbing of the interior space of the building, located at 2201 21st Ave. S. Georgia-based Farris Interiors Installation will handle the work, with the permit valued at about $1.86 million. Kroger officials have yet to announce a targeted opening date.
By: Geert De Lombaerde
Posted: Monday, August 24, 2015 - 11:24
Brentwood-based GBT Realty has sold for $36 million a Louisville retail center it recently built. Lincoln Property has paid $36 million for Jefferson Commons on behalf of big real estate investment trust American Realty Capital.
By: William Williams
Posted: Monday, August 24, 2015 - 10:38
The average per-gallon price of regular gas in Nashville on Sunday was $2.34, down three cents compared to the mark of a week ago and down 16 cents from the figure of four weeks prior. This time in 2014, the average per-gallon price of regular gas in Nashville was $3.21. Relatedly, Tennessee’s average price was $2.26 Sunday, down four cents compared to the figure from the previous week, according to AAA The Auto Club Group. The price was $2.44 four weeks ago and $3.21 a year ago. In Tennessee, the peak price to date this year has been $2.58 (on June 17).
By: Geert De Lombaerde
Posted: Monday, August 24, 2015 - 08:50
Moody's Investors Service has cut its overall debt rating for Noranda Aluminum Holding to Caa1 from B3 — that translates to "poor and subject to very high credit risk" from "speculative and high risk" — and changed its outlook for the Franklin-based company to negative from stable. Analysts Carol Cowan and Brian Oak write that Noranda will see prices for its products continue to fall for the next several quarters even as some of its operating costs climb.
By: William Williams
Posted: Monday, August 24, 2015 - 07:15
Belmont University has named its most recently opened building the R. Milton and Denice Johnson Center. The building’s moniker honors the longtime BU trustee, BU graduate and HCA Chairman and CEO Milton Johnson, who teams with his wife as benefactors of the Bridges to Belmont Endowed Scholarship. The Johnsons recently donated $10 million to BU to create the scholarship fund (read here).
By: William Williams
Posted: Monday, August 24, 2015 - 07:00
Nashville-base real estate investor and developer D.J. Wootson has a 22-unit apartment building in North Nashville under contract, The Tennessean reports. Located at the northeast corner of the intersection of 28th Avenue North and Jefferson Street east of the Tennessee State University campus, the building is known as Jefferson Manor (see here courtesy of Google Maps). 
By: William Williams
Posted: Monday, August 24, 2015 - 06:45
Harpeth Development’s Solo East, a 121-unit condominium development under construction in South Inglewood, has hit the 50 percent pre-sold mark after 74 days on the market. The project (read more here) is tentatively scheduled for completion by September 2016, according to a release.
By: Emily Kubis
Posted: Friday, August 21, 2015 - 14:10
Monroe Carell Jr. Children's Hospital at Vanderbilt is opening an after-hours clinic on Old Hickory Boulevard in Brentwood.The space is used by Vanderbilt Primary Care and the Vanderbilt Asthma, Sinus and Allergy Program during the day, but will be open at 6 p.m. during the week and at 12:30 p.m. on weekends for after-hours care.Vanderbilt pediatricians will staff the clinic and provide care for minor illnesses and injuries.