Nashville Post

NashvillePost.com is a digital news platform that focuses on business, politics, and sports within the Nashville region. This locally-owned service requires a subscription for access.

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Downtown structure opened in 1913 sells

1 day ago | nashvillepost.com | William Williams |William Williàms

Downtown’s stately Frost Building has sold for an undisclosed sum to a Cleveland company that specializes in preserving historic structures, according to a release. The five-story stone structure opened in 1913, sits on 0.28 acres and offers an address of 161 Rosa L. Parks Blvd. (Eighth Avenue). It was listed for sale in November 2024. Via an LLC, Southwest Value Partners (SWVP) was the seller.
Philadelphia law firm establishes Nashville presence

1 day ago | nashvillepost.com | William Williams |William Williàms

Philadelphia-based law firm Royer Cooper Cohen Braunfeld LLC announced Wednesday it has opened an office within Nashville’s Germantown neighborhood. According to a release, Hope Hammer will lead the office, which is located in the Neuhoff District. Hammer is a RCCB partner and chair of the firm’s real estate practice group. She has been with the firm since its inception in 2012 and is a member of its executive committee.
Impending state law looks to expand private prison oversight

1 day ago | nashvillepost.com | Julianne Akers

Tennessee’s private prisons could see a reduction in their inmate populations if death rates in the facilities continue to increase. Legislation to increase oversight in the CoreCivic facilities received a final OK from the Senate on Tuesday before the 2025 General Assembly adjourned for the year.
L.A. developer seeks to sell Midtown properties

1 day ago | nashvillepost.com | William Williams |William Williàms

A Midtown property previously considered for a possible redevelopment has been listed for sale for $6.65 million. With a combined 0.64 acres, the property offers addresses of 1804 and 1808 Patterson St. The parcels offer a building and raw land. Los Angeles-based ELK Development owns the two-parcel property, having paid $4,725,000 for it in September 2022 (read here). ELK Development has landed a loan, valued at $3,307,500, from American Bank of Missouri related to the purchase.
Acadia shares continue slide

1 day ago | nashvillepost.com | William Williams |William Williàms

Shares of Acadia Healthcare will begin the Wednesday trading session following continued slippage, having lost more than 4 percent of value Tuesday despite most area publicly traded companies seeing their stock prices increase. The Tuesday session also followed five consecutive trading days for which the closing price of Acadia shares for each day was lower than that of the previous day.
Jeni’s set for Peabody Union

2 days ago | nashvillepost.com | William Williams |William Williàms

A Jeni’s Splendid Ice Creams is slated for downtown’s new Peabody Union — the development’s first announced commercial tenant. Hensler Development Group, Stiles, and PGIM Real Estate — the team behind the development of the Rolling Mill Hill site with the three-building Peabody Union — announced Jeni’s will take about 1,190 square feet of space that faces the Metro Greenway and the Cumberland River, according to a press release.
Bridgestone Arena site slated for $650M upgrade

2 days ago | nashvillepost.com | William Williams |William Williàms

The Nashville Predators announced Tuesday a major upgrade to Bridgestone Arena, an effort that could carry a $650 million cost and yield not only improvements to the facility but the construction of two future towers. According to media reports from both The Tennessean and Nashville Business Journal, the effort is slated to start in summer 2026 and could be completed in 2030.
GBT names CEO

2 days ago | nashvillepost.com | William Williams |William Williàms

Brentwood-based development company GBT Realty announced Tuesday the hiring of Brian Dawson as chief executive officer, with company founder George Tomlin to maintain his title of president and chairman. According to a release, Dawson brings extensive real estate and capital market experience after having worked as senior managing director of capital markets with JLL, focused on Southeast region. More recently, Dawson served as interim CEO of Hoffman & Associates, a developer of D.C.’s The Wharf.
Sliding Acadia shares seek stabilizing

2 days ago | nashvillepost.com | William Williams |William Williàms

Shares of Acadia Healthcare will begin the Tuesday trading session seeking some much-needed stabilization, with the stock having lost about 10 percent of its value on Monday. The rough start-of-the-week session for the Franklin-based provider of psychiatric and chemical dependency services came as the stock of most Nashville-area publicly traded companies struggled. However, most of those companies saw their respective stock lose no more than 3 percent of value.
Giarratana lists roundabout site for sale

2 days ago | nashvillepost.com | William Williams |William Williàms

Nashville-based developer Tony Giarratana has listed his SoBro Roundabout property for sale for an undisclosed asking price. Nashville Business Journal reports Giarratana, who tentatively had eyed the oddly shaped property for a distinctive tower, is using the local office of Chicago-based Cushman & Wakefield (Kipper Worthington and Crews Johnston) to handle the marketing of the site. Located at 800 Lea Ave., the property offers a surface parking lot.