An investor group has paid $3.5 million for an office/retail building owned by the estate of Nashville businessman Ted Welch.
The Tennessean reports that Preeminent Properties GP bought the 17,348-square-foot building at 2120 Crestmoor Road.
The building had been part of a portfolio of six buildings in Green Hills and Music Row, totaling more than 128,000 square feet of space. According to The Tennessean, the remainder of the portfolio is under contract to another, unidentified buyer....