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Demonbreun Property Changes Hands

October 1, 2012/by Sarah Skates

A 1.5 acre piece of property on Demonbreun near the roundabout sold last week for $6.75 million, according to the Nashville Post. The land at 1515 Demonbreun is currently a parking lot across the street from the row of shops and restaurants.

Demonbreun-FCA, a subsidiary of Charlotte, N.C. based Faison Enterprises, purchased the lot. No word on the company’s plans for the land, but the Post reports Faison’s history of developing mixed-use properties, including the Avenue Murfreesboro.

The Lionstone Group unloaded the parcel, but retained another 1.5 acres on the roundabout itself.

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Sarah Skates
Sarah Skates
Sarah Skates has been a writer and editor in the music business since 2004. She is a longtime contributor to MusicRow.
Sarah Skates
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https://musicrow.com/wp-content/uploads/2012/10/sign.jpg 176 150 Sarah Skates https://musicrow.com/wp-content/uploads/2019/03/MusicRow-header-logo-Mar19B.png Sarah Skates2012-10-01 09:57:022012-10-01 09:57:02Demonbreun Property Changes Hands

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