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Small south side ex-bar building sells for $1.2M


According to a Davidson County Register of Deeds document, the new owner of the property, located at
1281 Third Ave. S. and sitting on 0.09 acres in Chestnut Hill, is Third Basemen LLC. That entity is affiliated with Third Prime, an investment firm headquartered in New York and with a Nashville presence. The LLC also includes the founders and owners of Levelwing, a marketing agency.
According to a statement, the newly purchased building will be the first Nashville office for both companies.
Bento Nashville II LLC was the seller of the two-story, 2,856-square-foot concrete-block building, after having paid $350,000 for the property in January 2018, according to Metro Records. ....

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Downtown tower sells for undisclosed sum


Dallas company plans $13M upgrade to building home to Baker Donelson
Downtown office building 211 Commerce has sold for an undisclosed sum and will be given a $13 million update.
The new owner is Dallas-based Velocis, a private equity real estate manager. According to a release, Lincoln Property Company, also based in Dallas, is a joint venture partner in the deal. Lincoln will provide property management, leasing and construction management services.
The seller was Sun Life Assurance Company of Canada, a related entity of which paid $47.13 million for the building in March 2012. Thursday s release does not include a transaction price, and the Davidson County Register of Deeds had not recorded the deal at publication time. ....

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