Greystar Buys CoolSprings Mall Parcel, Planning 361 Rental Units

Greystar bought a 5.35-acre portion of a CoolSprings Galleria parking lot from CBL Properties, the developer and owner of the Franklin mall. The Nashville Business Journal reports the deal closed for $11 million. Greystar is planning a 361-unit apartment complex with ground-floor retail. CBL says it has taken advantage of an under-utilized parking lot and an...