The Davidson County portion of a Massachusetts-based property group's massive industrial buy is finalized.
According to documents filed with the Davidson County Register of Deeds, arms of Exeter Property Group paid nearly $16.4 million for three Goodlettsville-area industrial tracts totaling 18.3 acres. They were appraised at $13 million.
Earlier this month, Exeter picked up 19 industrial sites across the country with a $240 million total price tag. In addition to the Metro properties, Exeter also purchased land in Smyrna and Jackson.
Correct Care inks airport-area lease
Correct Care Solutions, a provider of institutional medical care for correctional facilities, has signed a 10-year lease for 47,000 square feet at Airways Plaza.
Landlord In-Rel Properties says the lease brings the occupancy rate at the 193,000-square-foot Airways (pictured) on Murfreesboro Road to 93 percent. In-Rel was represented by Director of Leasing Frazier Baker and Correct Care was represented by Dwaine Anderson of the Anderson Group.
Correct Care manages the medical care of almost 60,000 inmates in 17 states. The company was recapitalized by a Boston-based private-equity group last fall.