Agero Inc., a Massachusetts-based company that markets roadside assistance and safety services, plans to add more than 100 people to its Clarksville call center. The company will hire its new employees throughout this year at the facility, which opened almost two years ago. Agero officials say they're also hiring for their Florida, Arizona and Ontario operations.
The Tennessee Housing Development Agency has selected the Franklin Housing Authority to receive $10.5 million in tax credits that will be the financial cornerstone of a 65-unit housing development near the Williamson County Library.
Construction is expected to start late this year and be completed about a year later. The single-family houses and townhomes will complement a senior housing building completed last year and are part of a large-scale plan to rejuvenate and grow the hundreds of housing units under the Franklin Housing Authority's umbrella.
The economic development team in Williamson County is in the hunt for more than 30 projects that would bring with them almost 10,700 jobs. Those are solid numbers any way you look at them, but they are down quite a bit from the figures from mid-2013. Also noticeable is that health care projects account for about a third of the potential ECD wins, down from half a year ago.
A newly formed California real estate investment trust has snapped up a Maury County apartment complex as its first acquisition. Steadfast Apartment REIT has paid $14.2 million for the Villages at Spring Hill, a 176-unit complex on Kedron Parkway in Spring Hill that is 95 percent occupied. Units at the complex, which was built in 1994, average 916 square feet and fetch rents of $808.
SEE ALSO: Word of two local 2013 acquisitions by another Steadfast REIT