Deutsche unit picks Crosland for local management contract
Posted on October 22, 2009 at 3:12 pmRREEF, a real estate investment subsidiary of Deutsche Bank, has offloaded the management of more than 11 million square feet of property from New England to Texas to five firms, one of which is Crosland. A spokeswoman says the firm will take over the day-to-day running of Providence Marketplace, the $75 million shopping center it developed with Carolina Holdings before selling a majority stake to RREEF in 2007. Crosland, which also built the Terrazzo tower in The Gulch, will manage three sites in the Carolinas as well.
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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.
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BofA could lose Lebanon
Posted on July 30, 2009 at 9:14 amAfter a software glitch rejected more than 200 Lebanon city employees’ paychecks, Mayor Philip Craighead tells Channel 4 he’s looking for a local bank to replace Bank of America.
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Hotels for the east side
Posted on May 22, 2009 at 12:45 am
Lebanon is set to get more than 200 new rooms courtesy of Candlewood Suites, LaQuinta and Staybridge.
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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.
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Should Dell give the breaks back?
Posted on March 19, 2009 at 7:03 pmFrom WSMV:
When Dell Computer opened a factory in Lebanon, it said it would create 1,000 new jobs. But fewer than 300 people work there now, and now some public officials are asking why the company is still getting a tax break.
Dell used to be a humming computer factory, but it’s a shadow of its former self. Last week, the company announced more layoffs. It won’t say exactly how many, but a representative for Dell confirmed the Lebanon plant now has only 250 to 300 workers — about a third of its former workforce.
That’s causing a stir among city officials who gave Dell a 40-year property tax break to move to Wilson County.
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Wilson County busting out of real estate slump
Posted on February 17, 2009 at 9:51 amVia NewsChannel5.com:
In 2008, Wilson County experienced a nearly 80 percent increase in foreclosures, but those who buy and sell homes in Wilson County said they were already seeing a turn around.
Realtors said location is the key to the turnaround, and Wilson County is just a short drive from the airport and downtown Nashville.
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