Southeast Venture Brokers Sale of Historic Hillsboro Village Property to Elmington Capital Group
This press release was originally released on Feb. 4, 2016
Southeast Venture Brokers Sale of Historic Hillsboro Village Property to Elmington Capital Group
Property at 1803 and 1805 21st Avenue South date back to 1920’s
NASHVILLE, Tenn. February 4, 2016 — An historic Hillsboro Village property that dates back to the 1920’s and formerly housed Bosco’s brewpub and Sam’s Sports Grill has been purchased by Nashville-based Elmington Capital Group for $8.3 Million.
The property is composed of two adjacent buildings at 1803 and 1805 21st Ave. S. The .91-acre site is in the heart of Hillsboro Village and includes a 60-space parking lot and a .16-acre vacant lot, both in the rear of the building.
“We are excited about the opportunity to contribute to the revitalization of Hillsboro Village,” Elmington Capital Group CEO Cary Rosenblum said. “As not only owners but neighbors as well, we look forward to being a part of both the conservation and transformation of this historic part of Nashville.”
Southeast Venture brokered the deal on behalf of both the buyer and the seller. James Roscoe High, CCIM, represented the buyer, Elmington Capital. Wood Caldwell, Managing Partner, and Jon Petty, CCIM, represented the owners of the property, one of whom is Buckhead Investments.
“I couldn’t think of a more perfect buyer for this property,” said Southeast Venture’s James Roscoe High, CCIM. “Elmington Capital views this as generational real estate. They are committed to maintaining the legacy and integrity of the buildings while finding tenants that will complement Hillsboro Village.”
About Southeast Venture
Founded in 1981, Southeast Venture is a diversified commercial real estate and design services company guided by a mission of “Building Value by Valuing Relationships.” The firm provides and coordinates the delivery of brokerage, development, architectural and interior design and property management. This unique, comprehensive approach to commercial real estate offers a cost effective and efficient way of meeting its clients’ commercial real estate needs. For more information, visit SoutheastVenture.com, or find Southeast Venture on Twitter @SEVentureCRE.
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