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.
Planet Fitness Jackson undergoes $1.2 million renovation; open house Sept. 27
Community invited to Sept. 27 Open House with free workouts, prizes and special membership offer
Planet Fitness – one of the nation’s largest and fastest-growing franchisors and operators of fitness centers with more members than any other fitness brand – announces the completion of $1.2 million worth of renovations at its Jackson location at 57 Carriage House Drive, Suite 10, Jackson, TN, 38305.
Open house & membership special
To celebrate, the new and improved club will host an open house, Wednesday, Sept. 27, from 9 a.m. to 6 p.m. The community is invited for free workouts, prize drawings, giveaways and light refreshments. Classic Card members will have complimentary PF Black Card amenities.
Unemployment rates for West Tennessee counties
Highlights from the Labor Force Estimates –
August 2023
- The Seasonally Adjusted Unemployment Rate for Tennessee remained the same at 3.1% from July to August.
- During the same time period, the Seasonally Adjusted Unemployment Rate for the United States increased to 3.8% from July’s 3.5%.
- The unemployment rate decreased in 93 counties and remained the same in 2 counties.
- Moore County had the lowest unemployment rate at 2.4 percent. Lauderdale County had the highest unemployment rate at 5.8 percent.
For unemployment rates in West Tennessee counties CLICK HERE
Dunkin’ Donuts remains in play after North Highland Ave. property sells for $900,000 plus
Plans for a new Dunkin’ Donuts at 2757 North Highland Avenue remain the same, but the property has a new owner.
BC North Partners – represented by Eden Smith, Coldwell Banker Barnes, sold the 2.2 acres of land to TN Donuts Realty LLC for $967,000
When constructed the 2,000-square-foot facility will be located next door to Grease Monkey.
The new location will be the third for Dunkin’ in Jackson.
Dunkin’ Donuts is located at 5 Stonebridge Place, and 1560 South Highland Avenue in a facility formerly occupied by Hardee’s.
Real estate market report – Jackson-Madison County
According to the Multiple Listing Service –
New construction homes sold in August – 14
Number of active listings in August – 136
Average days on the market in August – 31
Number of homes sold in August – 106
Median sales price in August – $287,900
Year to date –
Number of homes sold – 680
Average days on the market – 35
Median sales price – $259,450
New homes sold – 85
Business Spotlight – Brian Ferrell new vice president & loan officer at Commercial Bank and Trust
JACKSON, TENNESSEE – Commercial Bank and Trust Company is pleased to announce that Brian Ferrell has joined the Jackson team as Vice President and Loan Officer.
According to a press release from Stephanie Traylor – Marketing and Research Strategist, Younger Associates – Brian will be responsible for both creating an exceptional banking experience for current and prospective clients and identifying and growing deposits and loans in the Jackson market.
A native of Jackson, Ferrell is a graduate of Jackson State Community College and Bethel University and holds an MBA from Union University.
He has 10 years of banking experience and has served as a credit analyst, branch manager, and loan officer.
“It is an exciting time for Jackson and West Tennessee, and I am pleased to be in a role where I can be a part of the growth that is happening,” Ferrell said, “I look forward to building relationships with existing Commercial Bank and Trust clients as well as future ones.”
Ferrell is deeply involved in the Jackson community. He serves on the boards of the Madison County Imagination Library and the Boys and Girls Club of Jackson. He is a member of both the Leadership Jackson Class of 2022 and the Leadership Jackson Alumni Association.
He and his wife, Ashley, have been married for six years and are expecting their first child in 2024.
“Brian brings a great amount of experience in banking to our team,” said Monte Jones, Commercial Bank and Trust Company Market President. “We look forward to the impact he will have serving our clients.”
To contact Brian Ferrell, please visit the North Highland branch – 3093 North Highland Avenue – call 731-512-4104, or email [email protected].
FOR MORE LOCAL BUSINESS NEWS CLICK HERE
(BUCHANAN REALTY GROUP CLICK HERE sponsors Strictly Business)
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