Interstate 24

Stoneybrook Subdivision sites set for McLemore auction

Retrieved on: 
Tuesday, May 7, 2024

Stoneybrook Subdivision Phases 1 and 2 are selling in an online absolute bankruptcy auction, with McLemore Auction Company conducting the auction.

Key Points: 
  • Stoneybrook Subdivision Phases 1 and 2 are selling in an online absolute bankruptcy auction, with McLemore Auction Company conducting the auction.
  • “Stoneybrook Subdivision, at 12474 Old Hickory Boulevard is going to be a great place to live in the vibrant Antioch submarket,” said Will McLemore, president of the auction company.
  • “The property is located 2.5 miles from Interstate 24, offering convenience to those fortunate enough to make Stoneybrook their home,” said McLemore.
  • McLemore Auction Company, LLC, based in Nashville, conducts real estate and personal property auctions primarily in Tennessee.

Flagship Communities Real Estate Investment Trust Announces Largest Acquisition in the REIT’s History

Retrieved on: 
Wednesday, April 17, 2024

TORONTO, April 17, 2024 (GLOBE NEWSWIRE) -- Flagship Communities Real Estate Investment Trust (“Flagship” or the “REIT”) (TSX: MHC.U; MHC.UN) today announced that it has entered into agreements to acquire (the “Acquisitions”) a total of seven manufactured housing communities (“MHCs”), comprising 1,253 lots, for an aggregate purchase price of approximately US$93.0 million (the “Purchase Price”). The Acquisitions are expected to close on or about May 15, 2024, subject to customary closing conditions.  

Key Points: 
  • TORONTO, April 17, 2024 (GLOBE NEWSWIRE) -- Flagship Communities Real Estate Investment Trust (“Flagship” or the “REIT”) (TSX: MHC.U; MHC.UN) today announced that it has entered into agreements to acquire (the “Acquisitions”) a total of seven manufactured housing communities (“MHCs”), comprising 1,253 lots, for an aggregate purchase price of approximately US$93.0 million (the “Purchase Price”).
  • “These acquisitions are the largest in the REIT’s history to date and represent a milestone for our business as we continue to execute on our stated growth strategy,” said Kurt Keeney, President and CEO.
  • The Murfreesboro, Tennessee acquisition comprises 173 lots across approximately 26 acres and is located 35 miles south of downtown Nashville.
  • The communities are located adjacent to Interstates 64 and 77, providing excellent access to major transportation routes.

Quarterra Multifamily Announces Start of Leasing at Towne Nashville Apartments

Retrieved on: 
Thursday, June 29, 2023

NASHVILLE, Tenn., June 29, 2023 /PRNewswire/ -- Quarterra Multifamily, a subsidiary of Lennar Corporation and a vertically integrated multifamily apartment builder, developer, and property manager, today announced the start of leasing at Towne Nashville, a 329-home mid-rise community in Nashville's vibrant Germantown neighborhood.

Key Points: 
  • NASHVILLE, Tenn., June 29, 2023 /PRNewswire/ -- Quarterra Multifamily , a subsidiary of Lennar Corporation and a vertically integrated multifamily apartment builder, developer, and property manager, today announced the start of leasing at Towne Nashville , a 329-home mid-rise community in Nashville's vibrant Germantown neighborhood.
  • Towne harnesses the neighborhood vibe to offer a connected, inclusive and socially-driven living experience.
  • The area is also home to the Nashville Farmers Market, with its eclectic global dining options and seasonal produce vendors.
  • Towne is Quarterra's third development in Nashville and second managed property, joining The Morris – a high-rise community on Music Row.

Vanderbilt University Conducts Groundbreaking Study to Uncover Cause of Phantom Traffic Jams

Retrieved on: 
Wednesday, June 14, 2023

The research uses data captured by Axis Communications video cameras from this real-world freeway environment in order to understand traffic congestion patterns and vehicle behavior.

Key Points: 
  • The research uses data captured by Axis Communications video cameras from this real-world freeway environment in order to understand traffic congestion patterns and vehicle behavior.
  • This data is captured anonymously, using AI trajectory algorithms specially develop by Vanderbilt University.
  • (Photo: Business Wire)
    “It’s not your traditional use of video cameras,” states Dr. Will Barbour, Research Scientist at Vanderbilt University focusing on the I-24 MOTION project.
  • With an unprecedented level of detail into freeway traffic patterns, this research will be used to understand how and why phantom traffic jams, or stop-and-go traffic with no obvious cause, occur.

U-Haul Land Acquisition Means New Facility, Jobs in Murfreesboro

Retrieved on: 
Monday, June 29, 2020

MURFREESBORO, Tenn., June 29, 2020 /PRNewswire/ --An impressive state-of-the-art moving and self-storage facility is coming to Murfreesboro with U-Haul Company's 5.59-acre land acquisition at 1519 Beasie Road, just west of Interstate 24.

Key Points: 
  • MURFREESBORO, Tenn., June 29, 2020 /PRNewswire/ --An impressive state-of-the-art moving and self-storage facility is coming to Murfreesboro with U-Haul Company's 5.59-acre land acquisition at 1519 Beasie Road, just west of Interstate 24.
  • U-Haul Moving & Storage of New Salem, scheduled for completion by 2021, will comprise five stories and more than 130,000 square feet.
  • The property is located just four miles from Middle Tennessee State University and will cater to the moving and storage needs of college students and Murfreesboro residents.
  • "I-24 is the major highway that connects Murfreesboro to Nashville," said Jeff Porter, U-Haul Company of Nashville president.