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Strictly Business – BUCHANAN REALTY GROUP highlights this week’s activity

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.

Woodson & Bozeman opens new location in Jackson

Woodson & Bozeman’s heating, ventilation, and air conditioning (HVAC) division recently opened a new location in Jackson, TN. A wholesale distributor representing Trane, RunTru and Mitsubishi, as well as a complete line of parts and supplies, Woodson & Bozeman has served contractors, retailers, and consumers across the Mid-South region since 1934 and currently has two existing locations in Memphis, TN.

The new Jackson location is 1030 U.S. Highway 45 Bypass.

Customer demand and proximity were two key factors in Woodson & Bozeman’s decision to put a brick-and-mortar location in Jackson, TN.

“We have long served all of West Tennessee out of our Memphis locations because we can deliver overnight anywhere in our territory,” says John Cowart, president of Woodson & Bozeman. “In recent years, our business and customer base have grown significantly in and around the Jackson area. Our new office there will make products more readily available to our customers in the metro area, with many transactions being done that same day.”

The new 27,000-square-foot Jackson location has five team members including a branch manager, salespeople, and warehouse personnel, all of whom are dedicated to serving Woodson & Bozeman’s customers, HVAC contractors.

Parent company of Joann fabrics and crafts files bankruptcy

The Joann fabrics and crafts company filed for Chapter 11 bankruptcy on March 18, but maintains plans to keep its more than 800 stores open.

The Hudson, Ohio-based retailer, which first opened in 1943, has a retail store at 1185 Vann Drive in Jackson.

Management at the Jackson store declined to comment.

Real estate market report – Lexington-Henderson County

According to the Multiple Listing Service – 

New construction homes sold in February – 1

Number of active listings in February – 34

Average days on the market in February – 59

Number of homes sold in February – 8

Median sales price in February – $210,000

Home of former movie theatre sells on Conrad Drive

Details are limited, but property home to a former movie theatre at 71 Conrad Drive, has been sold.

George White and Nancy White purchased the 37,398-square-foot facility from Cinema Management Group Inc., JayShree LLC, for $800,000.

The theatre first opened in 1987.

FOR MORE LOCAL BUSINESS NEWS CLICK HERE

(BUCHANAN REALTY GROUP CLICK HERE sponsors Strictly Business)

 

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