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.
Business Spotlight – father & son open Cypress Insurance Agency
Tim and Jack Carpenter have opened Cypress Insurance Agency, 60 Lynoak Cove – an independent insurance agency – in their hometown of Jackson.
According to a press release from Amanda McKinley – B3 Creative Agency – Public Relations and Communication Specialist – this father and son agency offers personal and commercial insurance to West Tennessee residents, bringing a more personalized approach to insurance.
“Growing up in the business, I’ve watched my father and learned how important it is to be very knowledgeable and maintain strong relationships with my clients,” said Jack Carpenter, Account Manager at the Carpenter Agency. “Family is important to us, and we want to help protect yours.”
With over 20 years of experience in the insurance industry, Tim Carpenter brings a solid reputation to the agency, strong carrier relationships, and unmatched industry knowledge.
“I’ve always enjoyed helping people, and I enjoy educating my clients on their options so they can make the best decisions for their family or business,” said Tim Carpenter, CEO of Cypress Insurance. “I’m proud of my son and excited for this next chapter.”
Along with Tim and Jack, Hudson McCarty also brings a personable and professional approach to insurance, helping meet the needs of businesses and families of Jackson, Tennessee.
Remodeling temporarily closes Chick-fil-A in Old Hickory Mall
Management could not be reached for comment, but Chick-fil-A inside the Old Hickory Mall, 2021 North Highland Avenue, is closed – temporarily – for remodeling.
The restaurant is scheduled to reopen at 11 a.m., Monday, Nov. 23.
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) 159 Oil Well Road, $1,920,000
2) 3 San Arbor Cove, $1,350,000
3) 1269 Denmark Jackson Road, $1,200,000
3) 3351 Old Medina Road, $1,200,000
5) 67 Northaven Drive, $950,000
Sale of JCPenney Company includes store at Old Hickory Mall
According to published reports, the JCPenney Company Inc., has entered an asset purchase agreement with Brookfield Asset Management Inc, Simon Property Group and a majority of the company’s first lien lenders.
The sale includes JCPenney, 2021 North Highland Avenue, in the Old Hickory Mall.
The iconic 118-year-old retailer had filed for bankruptcy in a Texas court in May after the COVID-19 pandemic forced it to temporarily close its then nearly 850 stores.
The company said it expects to operate outside Chapter 11 before the holiday season.
Under the agreement, Brookfield and Simon, which are the retailer’s two biggest landlords, will buy substantially all of JCPenney’s retail and operating assets through a combination of cash and new term loan debt.
Leaders Credit Union purchases 0.51 acre lot in Jackson Plaza Shopping Center
Eden Smith of Coldwell Banker Barnes in Jackson is excited to announce the finalized sale of a 0.51 acre lot in Jackson Plaza Shopping Center, at the intersection of North Highland Avenue and Old Hickory Boulevard.
Smith facilitated the purchase of this lot by Leaders Credit Union from a Regions Bank Trustee.
Leaders Credit Union is expected to use this lot, which is directly adjacent to their existing
branch at 1956 North Highland Avenue, to improve the experience for members who use the
ATM and teller lanes.
The sale of this land is the first real estate activity to occur in the Jackson Plaza area in almost
20 years, and Smith hopes that this move will encourage other companies to begin looking at
the Jackson Plaza as a viable location for development of their business.
“It is encouraging and important to see this very strong local financial entity further investing in
this area,” Smith said. “We continue to strive for creating more synergy in the Jackson Plaza.”
Business Spotlight – High Point Logistics appoints Adam Ferguson as president/CEO
Jackson, TN — HPL, a rapidly growing logistics company, is delighted to announce the appointment of new President and Chief Executive Officer, Adam Ferguson.
In his new role, Adam assumes the day-to-day leadership of the company and is tasked with its strategic growth as the company continues to rapidly acquire more customers,” Ferguson said, “HPL’s progress over the last two years is impressive by any measure.”
Additionally, HPL has had several new hires recently and will be hiring more talent in the coming
months. The momentum necessitated Ferguson’s addition. Founder & Chairman, R.E. Butts decided to bring an experienced partner to support the HPL team, carriers and partners.
“I am excited to bring on Adam as President and CEO of High Point Logistics,” Butts said, “After nearly three years of exponential growth and success, having someone with Adam’s skills and experience is exactly what we need to take the company to the next level. His track record managing human capital, M & A, and multinational supply chain operations will be crucial to expanding our current footprint organically and through acquisitions.”
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