Rutherford County lands Saks logistics facility

Retailer inks huge La Vergne lease
Feb 13, 2012 10:17 AM

Motorbike parts distributor moves operations to La Vergne

A 10-year-old company that runs a website distributing motorcycle parts and accessories has moved its fulfillment center to La Vergne from Livermore, Calif. Officials at Cruiser Customizing say the relocation will shorten the time needed to get customers their orders. The company has set up shop on J.P. Hennessy Drive of Interstate 24.

Feb 3, 2012 7:26 AM

Sam's to open in the 'Boro

Almost three years after moving into the Hendersonville market, the duo behind Sam's Sports Bar & Grill are taking the concept into Murfreesboro's Stones River Mall. Sam Sanchez and Al Thomas say the city is "a perfect town" for Sam's. At 6,100 square feet, the location will be their largest and will employ about 60.

Feb 1, 2012 12:16 PM

Auto supplier to set up shop inside Nissan's shop

Japan company to hire 25 for new Smyrna operations
Jan 13, 2012 1:26 PM

Residential broker moves into Murfreesboro

Fast-growing residential real estate agency Benchmark Realty has opened an office in Murfreesboro to go with its Brentwood home office. Principal Broker Mickie Howell (pictured here) is leading the location, which also is home to agents John Smith, Leslie Wright, Cindy and Matt Moore, Shauna Mason, Bobbie Jo Brewster, Tim Boyce, Brenda Walsh, Emily Flanders and Sherri Wellborn. CEO Phillip Cantrell, who launched Benchmark in the spring of 2006, says he's looking to open other offices in the Nashville area.

“We are blessed with absolutely amazing growth. Even in the down market we have continued to add nearly 15 agents each month, largely because we offer 100% commission for a fixed monthly fee. Our model allows agents to exert firm control over their expenses – something no other company offers to the extent we do. Agents tell me they come for the savings, but they stay because of the nurturing environment,” says Cantrell.

Jan 12, 2012 7:28 AM

Struggling Community First unloads Rutherford branch

Community First Bank & Trust has struck a deal to sell its only Murfreesboro office to six-year-old Southern Community Bank for an undisclosed amount. The deal, which officials expect to close this quarter, will bring some much-needed cash into Community First. Regulators last fall told bank executives they needed to raise almost $18 million by year's end.

Jan 6, 2012 9:32 AM

'Boro prepping for another big box

Melinda Hudgins reports that Murfreesboro officials have made recent progress in their talks with a big-box retailer about coming to the city. The spot in question is south of Interstate 24.

Jan 6, 2012 8:35 AM

Amazon finalizes fulfillment centers in Rutherford, Wilson counties

Openings to yield 1,300 jobs, $135M in investment
Dec 22, 2011 10:17 AM

Pinnacle pursues Parks for $1.5M

Commercial property loan placed in default, final resolution pending
Dec 15, 2011 3:26 PM

Smyrna strip sells

Marcus & Millichap moved a Smyrna strip center this week.

A release:

Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has closed the sale of Shoppes at Movie Row, a 16,275-square-foot retail property located in Smyrna, within the Nashville MSA, according to Gary R. Lucas, managing director and regional manager of the firm’s Nashville office. The asset commanded a sales price of $3,325,000.

Joseph Massa, an investment specialist in Marcus & Millichap’s Nashville office, had the exclusive listing to market the property on behalf of the seller, Investment Partners, which is managed by Bobby Kirby and Jewell Hale. The private buyer was also secured and represented by Massa.

Located at 900 Grammer Lane, Shoppes at Movie Row is adjacent to Colonial Town Park Smyrna, which is anchored by Target and Kohl’s. The strip center was built in 2008 and sold for $204 per square foot.

Dec 2, 2011 6:58 AM