Trust, compliments, 39 quick workouts

Thank you

What I’ve been reading recently…

The irrational thing about trust – Seth Godin

How to take a compliment – Derek Sivers

39 Quick Workouts Everyone Needs In Their Daily Routine – Awesome Daily Staff

Industrial CRE Market Study | Part 4: In the Pipeline – NREI – David Bodamer and Robert Carr

Hotels don’t actually appear to be that scared of Airbnb — yet – Washington Post – Lydia DePillis



Three Tools to Help with Habits (and One Habit You Can Start Today)

What is one habit that would make you happier and more successful?
Here are four things that can help you get started:
Is the commercial real estate industry ready for how business is changing?

Bob Whetsel on Downtown, Cumberland Avenue and Retirement – Our own Josh Flory interviewed Bob on his recent retirement as the City of Knoxville’s Director of Redevelopment.

Kingston Pike Retail Sale Comp – Aldi

5221 Homberg_ALDI

5221 Homberg Drive
Knoxville, TN 37919
Submarket: Bearden/Papermill/West Town

Land Area (SF): 43,995 SF
Land Area (AC): 1.01 AC

Frontage: 250′ on Homberg Drive
Traffic Count: 22,443
Parking spots: Unknown
Use: Discount Grocery Retailer

Sale Price: $1,475,000
Sale Type: Development
Price/Land SF: $33.53/SF
Price/Land AC: $1,460,396/AC
Sale Date: October 6, 2014
Recorded Buyer: Aldi, Inc.
Recorded Seller: Pike Enterprises
Buyer Broker: Unknown
Seller Broker: The Shopping Center Group

Related Property

5241 Kingston Pike_ALDI

5214 Kingston Pike
Knoxville, TN 37919
Submarket: Bearden/Papermill/West Town

Land Area (SF): 34,995 SF
Land Area (AC): 0.80 AC

Sale Type: Land Lease

Discount grocer Aldi heading to Bearden
The discount grocer, which has built several stores in Knoxville in recent years, is planning a Bearden store in the former Ace Hardware building, at 5214 Kingston Pike.
Read More

Sources: Knox County Register of Deeds Office, Costar, TDOT, Courthouse Retrieval System
Information Deemed Reliable, But Not Guaranteed

Real Estate News Update

LaRosa’s Family Pizzeria opens
A long-standing Cincinnati restaurant of 60 years is coming to Knoxville…
Read More

Bad Daddy’s Burger Bar coming to Knoxville
Charlotte-based Bad Daddy’s Burger Bar will open its first Tennessee location in March at 11638 Parkside Drive.  Read More

UT buys Victorian house on White Avenue for $1.1M
The state Building Commission on Monday approved the University of Tennessee’s purchase — for $1.1 million — of a restored Victorian house at 1302 White Ave.
Read More

Maryville bakery rises to occasion with delicious sandwich options
Just a couple of months ago, they [Foothills Milling Co.] opened an independent bakery operation on East Broadway (also in Maryville), serving homemade breads, pastries and desserts.  Read More

A Raw Deal for Real-Estate Agents
Real estate can be risky for agents themselves. Fickle buyers, unforeseen structural issues, setbacks in financing can all scuttle a deal.  Read More

How to Tell if You’re a Jerk at Work
Most people are blissfully unaware of how they come across in the office. And it can cost them.  Read More

Kingston Pike Retail Sale Comp – Former Wendy’s

Zaxby's Coming Soon

Image 3-5-14 at 10.34 AM

6913 Kingston Pike
Knoxville, TN 37919
Submarket: Papermill/Bearden/West Town
Land Area (AC): 0.54 AC

Frontage: 139.63′
Traffic Count: 32,514 (2009)
Use: Free standing restaurant – Development of a new Zaxby’s

Sale Price: $938,000
Sale Type: Development
Price/Land SF: $40/SF
Price/Land AC: $1,742,623/AC
Sale Date: December 13, 2013
Recorded Buyer: BJZ IV, LLC
Recorded Seller: Cadace Cappiello Trustee
Buyer Broker: Unknown
Seller Broker: Tony Cappiello
Occupancy at time of sale: +/- 0%

Sources: Knox County Register of Deeds Office, Costar, Courthouse Retrieval System, KGIS
Information Deemed Reliable, But Not Guaranteed