Marcus & Millichap closes on Lebanon parcel, plans apartments
Marcus & Millichap closes on Lebanon parcel, plans apartments
A California-based company recently closed on a 9.6-acre plot of land in Lebanon, which is slated for the development of 166 apartments, Wilson County records show. Marcus & Millichap, through its Nashville office, paid $1.58 million for the land on Maple Hill Road, just north of Main Street. County deeds show the company secured a $1.26 million loan against the property, though it’s unclear if that money is to fund the construction of the project. David Stollenwerk, Marcus & Millichap’s first…
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