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| $6.7 million for Bristol property; Concord House sells |
Posted: Friday, September 30, 2011 12:13 am
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Contractors for the Bristol Group at work on Centerview Drive property earlier this month.
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'Condos,' assisted living development under way
Brentwood Home Page staff reports
After a summer of rezoning hearings, and some controversy, two large real estate transactions in the city are done deals. Land is now being cleared and prepared for the Bristol at Centerview, the 394-plus mixed used residential development on Centerview Drive near Brentwood Place shopping center and the 73-unit Brentwood Morningpointe assisted living facility on Wilson Pike.
On Aug. 30, Northwestern Mutual Life Insurance Company paid Sonia Smithson and Brent Campbell $6.7 million for 7.03 acres in the Koger Executive Center on Centerview Drive.
On Aug. 18, Brentwood Medical Investors LLC purchased 8.03 acres of property on Wilson Pike for $575,000 from James and Peggy Cason. The property is just north of Moores Lane and just south of the historic Forge Seat home, owned by the Casons.
A third recent real estate transaction of interest, the historic Concord House and property, the c. 1850 home of late city historian T. Vance Little, sold for $450,000.
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