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.
Real estate market report – Jackson & Madison County
According to the Multiple Listing Service
New construction homes sold in March – 14
Number of active listings for sale in March – 80
Average days on the market – 21
Number of homes sold in March – 104
The Median sales price for a home in March – $249,450
YEAR TO DATE
NUMBER OF HOMES SOLD – 277
NEW HOMES SOLD – 32
AVERAGE DAYS ON MARKET – 19
MEDIAN SALES PRICE – $229,900
2 convenience stores cited in underage alcohol operation; 10 receive passing grades
Jackson Metro Narcotics conducted an underage alcohol operation March 31 – two convenience stores were cited for selling to underage informants, but 10 received a passing grade.
Convenience stores cited for underage sales –
Abel’s Way, 309 North Highland Avenue
76, 644 Old Hickory Boulevard
Here’s a list of the stores that did not sell to informants –
Raceway, 2023 South Highland Avenue
Bull Market, 1706 South Highland Avenue
A & A One Stop, 1425 South Highland Avenue
Shell, 336 South Highland Avenue
Amoco, 253 Airways Boulevard
Shell, 223 Airways Boulevard
Bull Market, 935 Hollywood Drive
Valero, 2089 Hollywood Drive
BP, 2268 Hollywood Drive
BP, 1831 U. S. Highway 45 Bypass
Business Spotlight – Jerry & Allison Windham, owners of Hub City Flea Market at Jackson Fairgrounds
Question & answer session with Jerry and Allison CLICK HERE
Renovations continue on Burlington retail store in West Towne Commons
Renovations continue on Burlington – formerly known as Burlington Coat Factory – at 85 Stonebrook Place in West Towne Commons.
The American national off-price department store retailer is scheduled to open the new retail store this fall.
The new retail business will occupy the entire 24,975 square foot facility located between Target and Kroger.
The building is being entirely renovated.
Renovations include a new roof, new HVAC systems, and new front facade.
It is estimated Burlington will add approximately 30 new jobs to the community.
Burlington is a division of Burlington Coat Factory Warehouse Corporation with 740 stores in 40 states and Puerto Rico, with its corporate headquarters located in Burlington Township, New Jersey.
Shopping center district could be in future on Lower Brownsville Road at I40
A request to rezone property located at the 1320 Block of Lower Brownsville Road from Forestry Agriculture Recreation to Planned Shopping Center District passed its first hurdle following approval by the Jackson Municipal Regional Planning Commission.
The request was submitted by Quarter Sawn Properties, LLC, to rezone approximately 10 acres near Snider Equipment, LLC.
FOR MORE LOCAL BUSINESS CLICK HERE
(BUCHANAN REALTY GROUP CLICK HERE sponsors Strictly Business)
David Thomas, Twitter – @DavidThomasWNWS
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