Real estate notes: InsideTrack leases Second Avenue space

Also: Madison apartments trade for $5.2M

InsideTrack, a college student "success organization," will open its newest location in downtown Nashville, a move the company says will over time bring hundreds of jobs to the city.

The company will move into the Washington Square building at 222 Second Ave. N.. The 4,800-square-foot first floor office suite in the building — owned by Chicago firm Kennedy Wilson — had been listed for lease.

InsideTrack "works with colleges and universities to improve student and institutional success" using "one-on-one student coaching, process expertise, analytics and technology have been proven to increase graduation rates by an average of 15 percent and enhance the student experience," according to the company's web site.

An exact figure on the number of jobs created by the move was not immediately available.

 
Madison apartments sell for $5.2M

The 206-unit Highland Cove Apartments in Madison sold Friday for $5.2 million.

Built in 1973 on 13 acres on Due West Avenue, the apartments are now owned by Madison Exchange LLC, a New York company. The seller was New York's Titan Capital ID, which took possession of the property in 2010 via foreclosure. The property sold in 2007 for nearly $7.7 million.

The Kirkland Company was the broker on the deal.