Nashville Incorporates New Real Estate Partner

News Summary

Thompson Burton welcomes Blake Bars as a partner, enhancing their commercial real estate expertise. Bars, previously with Frost Brown Todd, brings over five years of experience representing developers, investors, and managers. His notable clientele includes national banks and local developers, and he has a solid academic background from Notre Dame Law School. In related news, the Nashville commercial real estate market sees promising growth, with a significant property sale and industry appointments highlighting the area’s potential.

Nashville Welcomes New Real Estate Expertise

Exciting news coming out of Nashville! The well-respected law firm, Thompson Burton, has made a significant addition to their team. Blake Bars, a well-known name in the world of commercial real estate, has joined the firm as a partner. With a solid background that spans over five and a half years at the local office of Louisville-based Frost Brown Todd, Bars brings a wealth of knowledge and experience to the table.

A Broad Range of Expertise

At Thompson Burton, Bars will represent a variety of clients including developers, owners, investors, borrowers, and managers. His extensive work covers a diverse array of real estate transactions, including everything from the purchase and sale of properties to their development, financing, leasing, and management. On top of that, his practice dives into the intricacies of ownership and capital structures, working with joint ventures, preferred equity, mezzanine financing, and more.

Impressive Clientele

Bars has a proven track record of working with a diverse clientele, including national banks and real estate investors, as well as local developers. His expertise extends to significant commercial undertakings in the construction, purchase, and refinancing of properties such as multifamily housing, hotels, offices, retail centers, and industrial buildings.

On the academic front, Bars earned his law degree from the prestigious Notre Dame Law School and completed his undergraduate studies at the University of Michigan. Being a member of both the Nashville Bar Association and the Tennessee Bar Association, he remains engaged with the wider legal community while making a name for himself in real estate law.

High Hopes from Leadership

The managing partner at Thompson Burton expressed high hopes for Bars, referring to him as a “rising star in commercial real estate.” When the firm learned he was available, they made it a priority to reach out to him – clearly recognizing the valuable addition he’d be.

Meanwhile, a Property Sale Stirs Interest

In another exciting development, the SBC property located at 901 Commerce St. in Nashville has hit the market with a whopping asking price of $35 million. The SBC Executive Committee, which has owned the property since 1983, is looking to cash in. The property boasts a prime location across from Nashville Yards and just a block north of vibrant Broadway.

The Metro records had appraised the property at **$31.7 million** in 2021, so the sale could certainly help SBC tackle pressing legal expenses. Over the past few years, the organization has reportedly spent around $12.1 million on attorney fees due to a sexual abuse investigation, making the proceeds from this sale particularly necessary.

Nashville’s Commercial Real Estate on the Rise

Furthermore, the commercial real estate landscape in Nashville is looking quite optimistic, according to the latest findings from Colliers. The 2024 mid-year findings of their Commercial Real Estate Vitality Index reveal an all-time high of 208 basis points, which has seen a remarkable increase from the end of 2023. This index, which was launched to keep tabs on Nashville’s commercial sector, indicates a vibrant market that’s likely to continue growing.

Prominent Appointments in the Industry

Not to be overlooked, Stream Realty Partners has made waves too by appointing Charlie Gibson as the managing director and partner in their Nashville office. With over a decade of experience under his belt and a strong history at Cushman & Wakefield, his expertise in office leasing and investment sales marks him as a go-to expert within the industry.

As Nashville continues to thrive, the city’s real estate market shows promising signs of growth and development, bolstered by the skills of new players like Blake Bars and established names like Charlie Gibson. Keep your eyes peeled for further exciting updates from this ever-evolving sector!

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Additional Resources

• Nashville Post: Downtown Office Building Listed for $35M
• Wikipedia: Real Estate
• Tennessean: Nashville Real Estate Recovery 2025
• Google Search: Nashville real estate
• RE Journals: Stream Realty Partners Adds Managing Director
• Encyclopedia Britannica: Commercial Real Estate
• RE Journals: Nashville Commercial Real Estate Summit
• Google News: Nashville commercial real estate