Buchanan Realty Group CLICK HERE located in Hamilton Hills Shopping Center, 621 Old Hickory Blvd., sponsors Strictly Business, a weekly column that takes a look at a few of this week’s business highlights.
The Buchanan Realty Group – (731) 300-3071 – provides commercial real estate services throughout Tennessee. The group specializes in leasing, tenant representation, investment sales and acquisition – concentrating on retail, hospitality, c-store, medical, industrial and multi-family sectors.
‘Friends of Heart’ presents AED to Medina Middle School
‘Friends of Heart,’ a fund of the West Tennessee Healthcare Foundation donated a lifesaving AED to Medina Middle School, Tuesday.
AEDs (Automated External Defibrillators) are used to help people who are experiencing sudden cardiac arrest, by delivering electrical shocks to re-establish the heart’s rhythm. AEDs are the only way to restore a regular heart rhythm to victims of sudden cardiac arrest, and quick deployment of an AED often makes the difference when a life is on the line.
Heath Moore, Medina Middle School football coach, alongside Lane Collins Principal accepted the AED from Tracy Case Executive Director of Friends of Heart a local non-profit.
The AED will provide peace of mind knowing they have this life-saving equipment on the sidelines of sporting events.
Chipotle Mexican Grill, 883 Vann Drive, opened Friday
Chipotle Mexican Grill, a fast-food chain which offers Mexican fare, including design-your-own burritos, tacos and bowls, opened at 883 Vann Drive, Friday.s
Business hours will be 10:45 a.m. to 10 p.m., Monday through Sunday.
Chipotle Mexican Grill restaurants are mostly company-owned and are no longer being offered as a franchise. While a few franchises were sold, Chipotle’s franchising plan has changed.
The average size of a Chipotle restaurant is 2,200 and 2,500 square feet.
Commercial property near Old Hickory Mall sells
A strip center located near the Old Hickory Mall has been sold.
Walcor Inc., purchased 147 Old Hickory Blvd., from the Ann F Rosenblum Trust and William W Rosenblum Trust for $285,000.
The sale joins a growing list of retail and commercial properties sold in Jackson since June, 2021.
In August, Churchill Property Portfolio Owner purchased Jackson Meadow Retirement Residence, 25 Max Lane Drive, from Harvest Jackson Meadow Retirement RE for $9,200,900.
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.
Business Spotlight – Heather Castleman joins Alexander Thompson Arnold PLLC as Client Relations Director
Jackson, Tennessee – Alexander Thompson Arnold PLLC (ATA) is proud to announce the addition of Heather Castleman in the newly created position of client relations director.
According to a press release from Alexis Long – ATA marketing director – Castleman, formerly of a large national bank, will bring her skillset to the ATA team effective Sept. 27, 2021.
ATA implemented this role to support client relationships and to better understand business owners’ needs in order to connect them with the abundant resources that ATA has to offer.
Castleman’s primary goal is to prioritize the interests of current and future clients by facilitating conversations and fostering lasting relationships between advisees and ATA. She will serve as a liaison for ATA’s Family of Firms and advisory services.
“Heather has a great talent of meeting her advisees’ needs and helping them reach financial goals through personal relationships,” said John Whybrew, managing partner of ATA. “Her experience of maintaining relationships with clients in several states and managing a team of private client relationship managers will allow her to successfully forge connections between our clients, CPAs and the rest of our firm.”
Here are the 5 most expensive homes for sale in Jackson & Madison County
Here are the five most expensive homes for sale in Jackson-Madison County according to the Multiple Listing Service.
1) 118 Northhaven Drive, 4 bedrooms, 4.5 baths, 9,147 square feet, $1,999,900
2) 204 East Deaderick Street, 3 bedrooms, 5 baths, 7,945 square feet, $1,475,000
3) 35 San Arbor Cove, 5 bedrooms, 4.5 baths, 5,400 square feet, $1,175,000
4) 1293 U.S. Highway 412 East, 3 Bedrooms, 2.5 baths, 3,500 square feet, $1,100,000
5) 328 Rocky Springs, 3 bedrooms, 3.5 baths, 4,660 square feet, $799,900
Real estate market report – Jackson & Madison County
According to the Multiple Listing Service –
New construction homes sold in August was 5
Number of active listings for sale in August was 36
Average days on the market – 9
Number of homes sold in August – 122
The average sales price for a home in August was $205,000
YEAR TO DATE –
NUMBER OF HOMES SOLD: 952
NEW HOMES SOLD: 60
AVERAGE DAYS ON MARKET: 17
MEDIAN SALES PRICE: $190,000
FOR MORE LOCAL BUSINESS CLICK HERE
(BUCHANAN REALTY GROUP CLICK HERE sponsors Strictly Business)
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