Good News: New Condos, $110M Sale, & Local BBQ Ranks 3rd!

This Week in Tennessee News

Mainland Opts for Condos at Historic Elliott School Site
The Nashville Post :: May 17, 2016
7th+Madison
At a community meeting Monday, Nashville developer The Mainland Companies announced it will build condos at the historic Elliott School site in Germantown.
Mainland paid $5.8M last fall for the 2 acre property on Madison Street between 6th and 7th Avenues, formerly the headquarters of nonprofit Centerstone. The Elliott School building will be preserved and converted into…
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Brentwood Apartments Fetch Staggering $110M
The Nashville Post :: May 19, 2016
Landings of Brentwood
A California REIT has more than doubled its local holdings by paying a whopping $110M for a large Brentwood apartment complex built in the late 1980s.
The big price being paid by Steadfast Apartment REIT translates to almost $152,000 for each of the 724 units at Landings of Brentwood, which sits off Moores Lane near Mallory Lane. By comparison, Steadfast leaders paid $142,113 per unit for Stoneridge Farms late last…
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Local Peg Leg Porker BBQ Team Wins Third Place at Memphis in May
The Nashville Scene, Bites Blog :: May 16, 2016
MemphisInMay
In the world of competitive barbecue, the Memphis in May World Championship Barbecue Cooking Contest is akin to one of golf’s majors. The major categories in the Memphis Barbecue Network-sanctioned event are ribs, pork shoulders and whole hog, and finishing in the top three of any category is a huge deal.
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Competitors call a top three finish “finaling,” because the…

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