Local developer purchases Yazoo-space web-site from Brentwood true estate trader

authors William Williams

Brentwood-dependent veteran actual estate trader Hoss Mousavi has sold a home after home to the former Ozburn-Hessey Logistics for additional than 20 situations what he paid out for it 7 several years ago.

The 16.4-acre house, which marketed for $1.7 million, is located at 526 Myatt Generate in Madison near Yazoo Brewing Co. and the Cumberland River. The new owner is local developer Meg Epstein.

Mousavi, who undertakes his buying and advertising of genuine estate by using Richland South, formerly experienced asked $2.5 million for the unimproved web site, in accordance to a loopnet.com listing. He obtained the property (which sits adjacent to a developing property Dunlap and Kyle Tire) in August 2013 for $81,378, according to Metro information. Also found nearby are Gradual Burn off Warm Hen, a Nashville Electric powered Provider services centre and the aforementioned Yazoo (which is found at 900 River Bluff Drive and moved to the location in 2019).

David Stremic with Nashville-based mostly PGM Realty Advisors represented Mousavi in the offer. Ben Mosely with the local business office of Cushman & Wakefield represented the buyer.

Epstein (pictured) is endeavor (or strategies to do so) numerous developments in Nashville, which includes projects in Pie City, North Capitol and Edgehill. She could not be attained for comment with regards to her designs for the Madison web-site.

Earlier this year, Mousavi sold a SoBro property located upcoming to the composition housing 3rd Man Information for $3.05 million and an Antioch retail assets for $1.8 million.

French logistics business Geodis obtained Ozburn-Hessey (then known as OHL) in 2015. The company provides world provide chain management answers which include transportation, warehousing, customs brokerage, freight forwarding and import and export consulting companies.