Content about Tennessee

March 27, 2014

A mixed-use retail center has reportedly been proposed for downtown Memphis.

Memphis, Tenn. – A mixed-use retail center has reportedly been proposed for downtown Memphis. According to the Memphis Daily News, the 10,500-sq.-ft., two-story building would contain office, restaurant and café space, as well as a potential convenience store.

March 10, 2014

Pottery Barn has leased 12,684 sq. ft. in Hill Center Green Hills, a 220,000-sq.-ft. mixed-use open-air lifestyle center in Nashville, Tenn.

Nashville, Tenn. — Pottery Barn has leased 12,684 sq. ft. in Hill Center Green Hills, a 220,000-sq.-ft. mixed-use open-air lifestyle center in Nashville, Tenn. The lease is with Williams-Sonoma, Pottery Barn’s parent company.

Owner and developer H.G. Hill Realty Co., plans to begin redeveloping Hill Center Green Hills early in 2015. Pottery Bar expects to begin its build-out in the fall of 2015.

March 3, 2014

Belk has announced a $12.6 million expansion and renovation of its store in Cool Springs Galleria, a 1.1 million-sq.-ft. mall in Franklin, Tenn., a suburb of Nashville. CBL & Associates Properties and TIAA-CREF own the center jointly.

Charlotte, N.C. — Belk has announced a $12.6 million expansion and renovation of its store in Cool Springs Galleria, a 1.1 million-sq.-ft. mall in Franklin, Tenn., a suburb of Nashville. CBL & Associates Properties and TIAA-CREF own the center jointly.

Belk plans to create a new fashion flagship store for the greater Nashville region.

March 3, 2014

Belk has announced a $12.6 million expansion and renovation of its store in Cool Springs Galleria, a 1.1 million-sq.-ft. mall in Franklin, Tenn., a suburb of Nashville. CBL & Associates Properties and TIAA-CREF own the center jointly.

Charlotte, N.C. — Belk has announced a $12.6 million expansion and renovation of its store in Cool Springs Galleria, a 1.1 million-sq.-ft. mall in Franklin, Tenn., a suburb of Nashville. CBL & Associates Properties and TIAA-CREF own the center jointly.

Belk plans to create a new fashion flagship store for the greater Nashville region.

February 26, 2014

The Mansour Group has arranged the sale of a portfolio of 10 Walgreens properties located in secondary and tertiary markets throughout the Mid-south in Arkansas Missouri, Oklahoma, Tennessee and Camden, N.J.

San Diego — The Mansour Group has arranged the sale of a portfolio of 10 Walgreens properties located in secondary and tertiary markets throughout the Mid-south  in Arkansas Missouri, Oklahoma, Tennessee and Camden, N.J.

Mansour had the exclusive listing to market the properties on behalf of the seller, a private partnership. After generating more than three dozen offers, the portfolio sold to a private California 1031 exchange buyer who completed the sale of a multi-family property in San Francisco.

February 5, 2014

Dick’s Sporting Goods is moving across the street from the periphery of the Monroeville Mall in Monroeville, Pa., into the mall, according to CBL & Associates Properties, the mall’s owner.

Chattanooga, Tenn. — Dick’s Sporting Goods is moving across the street from the periphery of the Monroeville Mall in Monroeville, Pa., into the mall, according to CBL & Associates Properties, the mall’s owner. The existing Dick’s Sporting Goods will remain open until the new store completes construction. Plans call for a grand opening this summer.

February 4, 2014

Five Below will enter the state of Tennessee, with plans to open up to five new stores in the market by spring of this year.

Philadelphia -- Five Below will enter the state of Tennessee, with plans to open up to five new stores in the market by spring of this year. With this new market, Five Below will operate stores in 20 states.

February 4, 2014

Five Below will enter the state of Tennessee, with plans to open up to five new stores in the market by spring of this year.

Philadelphia -- Five Below will enter the state of Tennessee, with plans to open up to five new stores in the market by spring of this year. With this new market, Five Below will operate stores in 20 states.

February 3, 2014

Rent-A-Center has opened its newest location in Bartlett, Tenn. Rent-A-Center operates 82 locations in the state of Tennessee.

Plano, Texas -- Rent-A-Center has opened its newest location in Bartlett, Tenn. Rent-A-Center operates 82 locations in the state of Tennessee.

The retailer also operates more than 3,000 stores in the U.S., Puerto Rico, Canada and Mexico. It employs more than 21,000 workers.

January 3, 2014

Inland Real Estate Income Trust has acquired the 159,258-sq.-ft. Wedgewood Commons Shopping Center in Olive Branch, Miss., a southeastern suburb of Memphis, Tenn. The purchase price was $33.9 million.

Oak Brook, Ill. — Inland Real Estate Income Trust has acquired the 159,258-sq.-ft. Wedgewood Commons Shopping Center in Olive Branch, Miss., a southeastern suburb of Memphis, Tenn. The purchase price was $33.9 million.

StoneCrest Investments LLC, the seller, developed the center in 2009 and continues to add development phases. The Disney Group represented the seller in the transaction. 

January 3, 2014

Inland Real Estate Income Trust has acquired the 159,258-sq.-ft. Wedgewood Commons Shopping Center in Olive Branch, Miss., a southeastern suburb of Memphis, Tenn. The purchase price was $33.9 million.

Oak Brook, Ill. — Inland Real Estate Income Trust has acquired the 159,258-sq.-ft. Wedgewood Commons Shopping Center in Olive Branch, Miss., a southeastern suburb of Memphis, Tenn. The purchase price was $33.9 million.

StoneCrest Investments LLC, the seller, developed the center in 2009 and continues to add development phases. The Disney Group represented the seller in the transaction. 

December 30, 2013

Cracker Barrel Old Country Store, Inc has considered and rejected a recent filing and statement from top shareholder Sardar Biglari demanding that the company commence a sale process.

Lebanon, Tenn. — Cracker Barrel Old Country Store, Inc has considered and rejected a recent filing and statement from top shareholder Sardar Biglari demanding that the company commence a sale process. Cracker Barrel has determined that the continued execution of the company’s existing business strategy is currently the proper course of action for the long-term best interests of the company and its shareholders.

December 17, 2013

TravelCenters of America said it has completed its acquisition of 31 convenience stores/gas stations in Kentucky and Tennessee for $67.9 million.

Westlake, Ohio -- TravelCenters of America said it has completed its acquisition of 31 convenience stores/gas stations in Kentucky and Tennessee for $67.9 million. The deal was first announced on Nov. 14.

November 4, 2013

The furniture industry is often seen as old-fashioned and perhaps a bit stodgy. But that isn’t stopping Smart Furniture from applying leading-edge technology to provide a highly personalized online means of browsing, selecting, purchasing and even designing furniture.

October 17, 2013

Walmart brought together 10 moms in Nashville, Tenn., on Wednesday night to air their thoughts about the economy , the federal government and their own household incomes.

New York -- Walmart brought together 10 moms in Nashville, Tenn., on Wednesday night to air their thoughts about the economy , the federal government and their own household incomes. The gathering — one of several that occurred in different locations throughout the nation — was part on an annual focus group organized by the chain, reported CNNMoney. This year, the discussion focused on a subject very much in the headlines: budgets.

October 16, 2013

CBL & Associates Properties, Inc. has closed on an $80 million non-recourse loan secured by The Outlet Shoppes at Atlanta, a 75/25 joint venture with Horizon Group Properties.

Chattanooga, Tenn. — CBL & Associates Properties, Inc. has closed on an $80 million non-recourse loan secured by The Outlet Shoppes at Atlanta, a 75/25 joint venture with Horizon Group Properties. The 10-year loan bears a 4.9% fixed interest rate. Proceeds from the loan were used to repay a $53.2 million recourse construction loan. CBL used its share of the remaining funds to reduce outstanding balances on the company’s unsecured credit facilities.

September 24, 2013

Academy Sports + Outdoors will open its first Memphis-area store on Sept. 27, in Collierville, Tenn.

Katy, Texas -- Academy Sports + Outdoors will open its first Memphis-area store on Sept. 27, in Collierville, Tenn. In conjunction with the opening, Academy has signed a multi-year partnership with The University of Memphis and its athletics multimedia rights holder, Tiger Sports Properties.

The new 73,000-sq.-ft. Collierville store will be Academy's eighth store in Tennessee.

September 24, 2013

Academy Sports + Outdoors will open its first Memphis-area store on Sept. 27, in Collierville, Tenn.

Katy, Texas -- Academy Sports + Outdoors will open its first Memphis-area store on Sept. 27, in Collierville, Tenn. In conjunction with the opening, Academy has signed a multi-year partnership with The University of Memphis and its athletics multimedia rights holder, Tiger Sports Properties.

The new 73,000-sq.-ft. Collierville store will be Academy's eighth store in Tennessee.

September 16, 2013

CBL & Associates Properties, Inc has announced that Burlington Coat Factory will locate its first and only store in Chattanooga at Northgate Mall.

Chattanooga, Tenn. — CBL & Associates Properties, Inc has announced that Burlington Coat Factory will locate its first and only store in Chattanooga at Northgate Mall. The new 63,000-sq.-ft store will stand between Sears and J.C. Penney. Shoppers will enter from the mall and from outside from the east parking lot.

Several stores will relocate to accommodate the redevelopment. Plans call for construction to begin in January with the grand opening scheduled for October 2014.

September 16, 2013

CBL & Associates Properties, Inc has announced that Burlington Coat Factory will locate its first and only store in Chattanooga at Northgate Mall.

Chattanooga, Tenn. — CBL & Associates Properties, Inc has announced that Burlington Coat Factory will locate its first and only store in Chattanooga at Northgate Mall. The new 63,000-sq.-ft store will stand between Sears and J.C. Penney. Shoppers will enter from the mall and from outside from the east parking lot.

Several stores will relocate to accommodate the redevelopment. Plans call for construction to begin in January with the grand opening scheduled for October 2014.

August 14, 2013

REI announced plans to open a store in Knoxville, Tenn., in fall 2014.

Seattle -- REI announced plans to open a store in Knoxville, Tenn., in fall 2014.

The 23,500-sq.-ft. store, at Papermill Plaza, will include a bike shop that provides expert assembly and repair services, and a community space to host outdoor-related classes, presentations and events.

August 14, 2013

REI announced plans to open a store in Knoxville, Tenn., in fall 2014.

Seattle -- REI announced plans to open a store in Knoxville, Tenn., in fall 2014.

The 23,500-sq.-ft. store, at Papermill Plaza, will include a bike shop that provides expert assembly and repair services, and a community space to host outdoor-related classes, presentations and events.

July 18, 2013

Regional shopping center company Crosland Southeast has acquired 24 former Blockbuster stores from Blockbuster Corporate, spanning North and South Carolina, Louisiana, Tennessee and Florida. Blockbuster vacated all stores at closing, and Crosland Southeast has already sold 11 of the 24.

Charlotte, N.C. -- Regional shopping center company Crosland Southeast has acquired 24 former Blockbuster stores from Blockbuster Corporate, spanning North and South Carolina, Louisiana, Tennessee and Florida. Blockbuster vacated all stores at closing, and Crosland Southeast has already sold 11 of the 24.

July 3, 2013

CBL & Associates Properties has announced the acquisition of two Sears locations, one at CBL’s Fayette Mall in Lexington, Ky., and the other at CoolSprings Galleria in Nashville.

Chattanooga, Tenn. -- CBL & Associates Properties has announced the acquisition of two Sears locations, one at CBL’s Fayette Mall in Lexington, Ky., and the other at CoolSprings Galleria in Nashville. Sears will continue to operate in both locations until closing dates have been finalized.

“We have plans to redevelop and expand both buildings to create space for new high-end specialty stores and restaurants,” said Stephen Lebovitz, CBL’s president and CEO.
 

July 3, 2013

CBL & Associates Properties has announced the acquisition of two Sears locations, one at CBL’s Fayette Mall in Lexington, Ky., and the other at CoolSprings Galleria in Nashville.

Chattanooga, Tenn. -- CBL & Associates Properties has announced the acquisition of two Sears locations, one at CBL’s Fayette Mall in Lexington, Ky., and the other at CoolSprings Galleria in Nashville. Sears will continue to operate in both locations until closing dates have been finalized.

“We have plans to redevelop and expand both buildings to create space for new high-end specialty stores and restaurants,” said Stephen Lebovitz, CBL’s president and CEO.