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Nashville City Center is a 27-story Class A office tower in Nashville with 480,000 square feet of commercial office space and 800 structured parking spaces. Designed by The Stubbins Associates, Inc. , the building was completed in 1988.
By 1905, the Richland Realty Company developed the area, by laying out streets and building bungalows. [2] The district has been listed on the National Register of Historic Places since April 16, 1979. [1] The original Craighead House has award-winning gardens and architecture.
In 1998, the company acquired a portfolio of nine properties in Salt Lake City for $300 million. [5] In 2002 the company acquired JDN Realty Corporation for $436 million in stock. [6] In February 2011 the company's executive chairman, Scott Wolstein, resigned, [7] and the company was renamed to DDR Corp. that September. [8]
Philips Plaza is the 20th tallest building in Nashville, with 20 stories and a height of 291 ft (89 m). [ 2 ] In 2002, the building's owners, Parkway Properties, announced a complete renovation to the building, significantly altering its appearance.
In 2011, the company completed an asset swap with DDR Corp. in which the company sold Polaris Towne Center and purchased Town Center Plaza for $139 million. [9] [10] In 2013, the company acquired University Park Village in Fort Worth, Texas for $105 million. [11] The company also acquired Blackstone's 60% interest in WestShore Plaza. [12]
In 1960, Forest City became a publicly-traded company. [2] In 1987, the company sold its retail lumber business to Handy Andy Home Improvement Center. [3] In 2011, the company sold a 49% stake in a retail portfolio in New York for $172.3 million. [4] In 2013, the company acquired a 100% interest in a mall in Pittsburgh. [5]
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