The Archives
Shmerling buys food processor’s building
Nashville entrepreneur and real estate investor Michael Shmerling bought the 40,000-square-foot building occupied by Chairman’s Choice Foods, a company that is part of the food distribution and manufacturing company he helped co-found, Choice Food Group. …
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Outside Nashville: Smithville Company Develops A Body Blow Dryer, No Kidding
Smithville isn’t known for a lot beyond Center Hill Lake.
But there are manufacturers in the city. Federal-Mogul makes brake pads and discs there. Omega Apparel makes uniforms for the U.S. military. Shiroki North America makes auto seats.
Then there’s Smithville’s Kingston, a company with ties to billionaire Warren Buffett’s Berkshire Hathaway. Kingston makes motors and timers [...]
Analysis: Omni’s Slam Dunk Hedge?
Omni Hotels & Resorts and the city may get little resistance to the convention center hotel in Metro Council. Insiders here generally think the deal is a slam dunk, with convention center opposition rolling in favor of the hotel.
For Omni and its parent TRT Holding, however, the downtown hotel is a big bonus. The deal [...]
Leasing: Airways Plaza adds tenant
Dallas-based HomeTelos signed an 11,384-square-foot lease in Airways Plaza at 1283 Murfreesboro Road.
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Former Werthan Developer Takes on Milky Way Farms
Charles Jones, the man who kicked off redeveloping the old Werthan packaging plant in Germantown years ago, now is taking on a larger task – Milky Way Farms outside Pulaski, Tenn.
Jones is the second developer to take on the 1,100-acre property that includes horse barns, a 25,000-square-foot manor house, a horse track, a polo field [...]
Under the radar: Greyhound acquires necessary property
Property owners around Greyhound’s SoBro site can jump up and down all they want in opposition to the bus station but it may not matter.…
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Snoop: Rolling Mill Hill, 5th & Main and Hillsboro Village Apartments
Rolling Mill Hill developments gets a new buyer, 5th & Main still troubled and Hillsboro Village apartments headed for perhaps a record sale.
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Wall Street Continues to Pound Pinnacle Stock
Wall Street continues to pummel Pinnacle Financial’s stock and has driven shares to a new 52-week low this morning.
Twice the average volume yesterday pushed the stock to a 52-week low of $9.12 before closing at $9.15. But this morning shares have traded for as little as $9.00.
In general, the broader market has been struggling to [...]
Greyhound Faces Heat from Property Owners
Greyhound Bus Lines can’t seem to avoid opposition no matter what location it chooses. Once word got out that Greyhound had chosen a Lafayette Street location, surrounding property owners and businesses became hopping mad and began to organize to figure how to keep the bus station out.
Analysis: Only a Stark Crazy Haslam Could Lose
Knoxville mayor Bill Haslam would have to go absolutely bonkers and pull a Martin Lawrence, wandering around in the middle of traffic screaming at cars, to lose the governor’s seat.
That’s not quite what political observers say. But it’s probably about the only easy way to lose. “Haslam will win easily unless he makes some big [...]
