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Mike & Gina In The Morning

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Jackson Meadow Retirement Residence sells for $9 million plus

Churchill Property Portfolio Owner has purchased Jackson Meadow Retirement Residence, 25 Max Lane Drive, from Harvest Jackson Meadow Retirement RE for $9,200,900.

The sale joins a growing list of retail and commercial properties sold in Jackson since June, 2021.

A strip center located at 1012 Vann Drive in The Columns sold in August.

Gregory Realty GP purchased the property that is home to McAlister’s Deli, AT&T and Men’s Wearhouse from Cypress Realty Holdings Company II LLC for $3,457,800.

Officials with Hampton Inn & Suites, 150 Campbell Oaks Drive, announced earlier in August it had been sold.

FP Jackson LLC purchased the 85 room hotel at the southwest corner of exit 83 at Interstate 40 from Apple Nine Hospitality Ownership Inc., for $8,494,500.

Owners of Racetrac Petroleum Inc. have sold 2305 North Highland Avenue – a former Racetrac convenience store – to AAA Holdings LLC, for $143,000.

Horizon, 340 Parkstone Place – near the Ballpark at Jackson – was purchased by J&S Food Mart for $1,680,000 in late June or early July.

Willoughby Holdings Inc., sold the business to J&S Food Mart.

In June, Flash Market LLC, 2184 Hollywood Drive, was sold to ANSH Properties Inc., for $2,500,000.

In June, Four Springs Capital Trust of Lake Como, New Jersey purchased the 163,000 square foot Mighty Products Distribution Center, 2495 Dr. F.E. Wright Drive, for $9.2 million from MTY, LLC.

Mighty of the Mid-South (MMS) and Mighty Product Center (MPC) are located together in Jackson. MPC is Mighty’s distribution center that supports 100+ U.S. distributors in 45 states and five international master distributors.

(PHOTO: Jackson Meadow Retirement Residence, 25 Max Lane Drive)

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