Local industrial property market ahead of nation’s
Posted on October 30, 2009 at 9:44 am
Data compiled by Colliers shows Nashville – along with regional competitors Louisville and Indianapolis – with an industrial real estate vacancy rate that is well below the national average. Memphis, Atlanta and Cincinnati, on the other hand, are struggling with double-digit numbers.
permalink | Comment on this post
Nashville on shopping list of new industrial property firm
Posted on October 29, 2009 at 9:58 amA group of veteran industrial real estate pros have formed Brennan Investment Group and intends to snap up properties around the country. Nashville is one of a handful of the firm’s secondary target markets, with an alum of First Highland Management and Development leading the way here.
permalink | Comment on this post
Permobil’s big move
Posted on October 21, 2009 at 7:39 am
Wheelchair maker Permobil is building a $12M operations center on 17 acres in Park 840 in Lebanon. At 120,000 square feet, it’s double the company’s footprint at the Eastgate Business Park. The company plans to double its 85-person local workforce, too.
permalink | Comment on this post
Developer trims local presence
Posted on July 24, 2009 at 12:15 amThe Nashville office of ProLogis, one of the biggest developers of Middle Tennessee warehouse space, is being slashed and will be overseen by folks in Memphis.
permalink | Comment on this post
ECD pub honors locals
Posted on July 22, 2009 at 1:58 pmSouthern Business & Development Magazine has named Chattanooga’s snagging of Volkswagen its 2008 economic development deal of the year, Tennessee the co-state of the year and has nice things to say about the Governor and two of his lieutenants.
Separately, the magazine’s readers have voted Arant Boult Cummings one of the region’s top ECD law firms. Nashville-based Tom Trent leads the firm’s ECD practice group.
permalink | Comment on this post
OHL grows pet care company account
Posted on June 25, 2009 at 8:05 amThe Brentwood logistics company formerly known as Ozburn-Hessey has been awarded another aspect of the shipping business of Knoxville-based PetSafe.
permalink | Comment on this post
OHL teams with candy company
Posted on June 4, 2009 at 2:49 pmBrentwood-based third party logistics firm OHL has teamed with candy manufacturer Just Born to help run a newly purchased distribution center in Bethlehem Township, Pa.
By moving its operations to the 600,710 square-foot warehouse, Just Born predicts it will eliminate 500,000 miles a year in trucking trips between vendors and the company’s manufacturing facility in Bethlehem.
OHL has been hired to further consolidate Just Born’s nation shipping program in order to have less of an environmental impact. The new site is expected to go online in late 2009 and will employ 70 workers.
permalink | Comment on this post
Locals in on planned East Tenn. rail yard
Posted on May 27, 2009 at 8:19 amLocally based ProVenture Commercial Real Estate appears to be working with rail titan Norfolk Southern on plans to build a rail-road transit terminal east of Knoxville.
permalink | Comment on this post
Developer’s bankruptcy leaves 840 project in limbo
Posted on April 23, 2009 at 9:51 amDeveloper Opus South has filed for bankruptcy and will leave the Southeast altogether. The company last year completed a 700,000-square-foot warehouse off Couchville Pike in Wilson County that still sits empty. Back in the condo development heyday, Opus also was rumored to be in the mix for Tony Giarratana’s Polar Ice property in the North Gulch.
permalink | Comment on this post
Five Star jobs
Posted on April 13, 2009 at 9:40 pmFive Star Custom Foods, a company that produces meat products and sauces for several brands, is setting up shop in Nashville:
It is opening a facility in Nashville and will eventually employ as many as 350 workers, ranging from material handlers and mechanics to quality control techs.
Five Star expects to be up and running by this fall.
permalink | Comment on this post
Thirty-One expanding in Ohio
Posted on April 7, 2009 at 2:09 pmFrom the Newark Advocate:
According to Mark Supelak, of Architectural Alliance, the firm is designing a $3 million addition to the industrial park in Johnstown as one of several options for Thirty-One, a Tennessee-based business, to expand.
Thirty-One uses direct sales through independent consultants to sell custom accessories, such as embroidered purses and bags, mostly through in-home parties.
“They’ve only been around five years, but they’ve experienced and consistent growth,” Supelak said.
permalink | Comment on this post
Dust off your hard hat
Posted on March 18, 2009 at 2:13 pmHemlock will break ground on its Clarksville plant tomorrow. The project is worth about $1.2 billion and will create 500 jobs.
permalink | Comment on this post
Working toward the next Wacker
Posted on March 6, 2009 at 9:17 amState lawmakers are taking small steps to prepare another West Tennessee megasite that could compete for major high-tech economic development projects like Hemlock Semiconductor and Wacker Chemie, solar energy material makers headed for Clarksville and Cleveland, respectively.
permalink | Comment on this post
No really, they didn’t overbuild
Posted on February 3, 2009 at 11:10 amNashville has one of the best-performing industrial property markets in the country, according to research from Colliers Turley Martin Tucker. Regionally, only St. Louis, Indy and Louisville are in the ballpark.
permalink | Comment on this post
Colliers to manage Panattoni properties
Posted on January 26, 2009 at 11:31 pmColliers Turley Martin Tucker will manage office and industrial buildings from New Jersey to Denver and Chicago to Tampa. Locally, the two firms are closely connected via Whit Hamilton, who was Colliers’ managing principal until he moved to Panattoni in 2005.
Recent Comments
In our good state a select few run the place, 20 yrs ago and today....
Southernindie…Unfortunat ely you have suffered a dibilitating...
And…Karl (Marx) Dean is spending one billion dollars...
Someone explain the difference between short stay and observation...
Watching the Chairman of Starwood Hotels yesterday on CNBC...
Funny how the Union’s feel about taxes. They complained about their...
Where is it?
An absolutely ugly structure, which I have always thought did not take...
Too bad that ATT changed the look of the building so that it no longer...
Yeah, well, look at the TN Legislature of good ol’ boys and the...
As long as the red rules, we will be far behind other states. The GOP does...
Nissan CEO Carlos Ghosn: I don’t know what...