DSW to Relocate to Ellsworth Place, Owner Confirms

Brentwood, Tenn.-based GBT Realty has officially announced the addition of DSW Designer Shoe Warehouse to Ellsworth Place. According to a press release, the discount shoe retailer signed the lease in late 2021 with construction to renovate the former Guitar Center storefront, which is currently underway. We reported last month that DSW was leaving its street-level […]
DSW to Move Downtown Silver Spring Store to Ellsworth Place

Designer Shoe Warehouse has signed on to take over the former Guitar Center space at the Ellsworth Place shopping center in downtown Silver Spring, Maryland. See original source for full story
108 multifamily units and Southcrest retail project underway on Nolensville Pike

Upon receiving a construction loan, GBT Realty, a Brentwood, Tennessee development firm, said it will immediately start on building 108 multifamily units in addition to a new retail center named Southcrest Center. The company announced Tuesday the name of the retailers for the center, including Scooter’s Coffee, Orange Theory Fitness, Heartland Dental, Valvoline, Wendy’s and […]
GBT Realty announces multifamily development on Nolensville Pike

GBT Realty announced today it has closed a construction loan for a three-story, 108-unit multifamily complex on Nolensville Pike and Old Burkitt Road. The new development will be called Southcrest Reserve. “We are pleased to advance Southcrest Reserve, a multifamily addition to our under-construction retail destination Southcrest Center,” Craig Cole, managing director at GBT Realty […]
Construction begins on Nolensville Pike apartment complex

GBT Realty’s plans for Southcrest, a mixed-use development located along Nolensville Pike near Old Burkitt Road were big — but now they are bigger. Tuesday, the Brentwood-based development company announced the addition of a three-story, 108-unit apartment community to sit adjacent to its Southcrest Center retail development. Construction on the dwellings begins this week and […]
Beaman sells Midtown property for $110M

Brentwood-based GBT Realty has paid $110 million for the Midtown site once home to Lee Beaman’s auto dealership and on which it plans a major development. In addition, and according to a release, GBT has landed New York-based Monarch Alternative Capital as an equity partner. Founded in 2002, Monarch has approximately $9.5 billion in assets under […]
GBT’s West End intersection tower project green-lighted, firm commits $1.25M to public infrastructure

GBT Realty Corp. is adding to its accolades this year with a Metro Council stamp of approval for its tower at the West End Avenue/Elliston Place split. The firm is also unveiling new project details, including $1.25 million for surrounding infrastructure improvements.
GBT Realty ready to play key role in Nashville’s River North project

GBT Realty closed on 3.71 acres, parcels F and G, in the heart of Nashville, Tennessee’s, upcoming River North district, a 120-acre district that is set to transform and revitalize the city’s underutilized East Bank. River North, a redevelopment initiative, is situated along the Cumberland River, immediately adjacent across the river to Nashville’s central business […]
Developer Buys Last Land in a Nashville Development To Be Anchored by Oracle

Another real estate developer has entered the picture next to where software giant Oracle plans to build a massive campus in urban Nashville, Tennessee. GBT Realty, based in the Nashville suburb of Brentwood, bought the last two remaining parcels available within the footprint known as River North, which encompasses a former industrial park on the […]
Food Hall Coming to GBT Realty’s DC-area Retail Center

Silver Spring, MD — GBT Realty Corporation (GBT), in partnership with Cana Development (CANAdev), announces the addition of Commas to Ellsworth Place, the firm’s 350,000-sq. ft. value-oriented shopping center in the heart of the award-winning, revitalized Silver Springs downtown. Opening in Spring 2022 on the second level, Commas will offer a global culinary experience reflective […]