Thursday, January 18, 2007

East Germantown Warehouse Sold for Over $3M

According to a regular at the Nashville Charrette, the giant green and white warehouse in East Germantown has been sold to an out-of-state buyer, who is said to be "interested in the long term growth of the neighborhood," although "it will continue to be a big green and white box until it makes sense to do something else with it." The property sold for $3,150,000.

Last year I tried to coax Bob Bernstein to expand Bongo Nation to the North End by mentioning this available property to him. He told me he was looking for a warehouse. We needed a Bongo Java. This property is nestled right next to Neuhoff, a short jog from Germantown. It seemed like the perfect fit to me. For him, I guess, not so much. Let's hope the promising overtures made by the new owner on behalf of the neighborhood become real.

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