East Nashville mixed-use building sells for $14.87M
D.C.-area company now owns The Eastland, adds to local apartment holdings
Stay updated with breaking news from Cherner Development Group. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
D.C.-area company now owns The Eastland, adds to local apartment holdings
Located at 1600 Rosa Parks Blvd., the three-story Evergreen at Werthan offers 92 residences and saw construction begin in 2013. It sits near The Lofts at Werthan Mills. Its new owner is an LLC affiliated with Vienna, Virginia-based Cherner Development Group, the website for which offers a portfolio with a handful of similar properties (none located in Nashville). The seller was an LLC affiliated with Nashville-based Evergreen Real Estate. That entity developed the site with the apartment building and was led, at the time by Aaron White and Hunter Connelly. The deal is the equivalent of about...