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DDRS Buys Murfreesboro Strip Center

Investment Partners LLC Sells St. Andrews Place for $6M
September 5, 2007
DDRS, a Boise, ID-based real estate investor, acquired the St. Andrews Place strip center in Murfreesboro, TN, from McMinnville-based Investment Partners LLC for $6 million, or $240 per square foot.

The 25,200-square-foot property is on 2.7 acres at 2705 Old Fort Parkway, near the intersection of St. Andrews Drive. It was constructed in 2006. Tennessee Lasik, Cycle Concepts and Epco Credit Union anchor the property.

Dominic Zabriski with Nashville Commercial represented the seller. Buyer representation was not available.

For more information on this transaction, please see CoStar COMP #1380291.
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