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Momentum Brokers Sale of $2.1M+ Germantown Property




Germantown commercial building sells for $2.1M+

Property sits next to townhomes on Fifth Avenue North

As seen in the Nashville Post

Author: William Williams

July 9, 2021

A commercial building located in Germantown and sometimes called the Missioner Building has sold for $2.15 million.

Located at 1312 Fifth Ave. N. and opened in 1972, the one-story building spans about 7,860 square feet. It was once home to nonprofit Glenmary Home Missioners and, after that, software company Populr.me. It now houses lawn care business GreenPal.

The new owner is Staddle Holdings LLC, details for which the Post was unable to determine.

Nicholas Holland, who sold Populr.me to Nashville-based Kindful in 2015, and wife, Brandi Holland were the sellers. The couple bought the office building, which sits on 0.2 acres, in 2013 for $800,000, according to Metro records. The Hollands shortly thereafter renovated the building and moved into it Populr.me along with some other tenants.

The Davidson County Register of Deeds had yet to record the transaction as of publication time, but a source confirmed the deal.

Sharon Emerson, founder and CEO of Nashville-based Momentum Commercial Real Estate Services, represented the buyer.

Nashville-based Ojas Partners represented the seller.

Of note, the Missioner Building is located next to townhome project 1320 Fifth Ave. N. That development required demolition of a building (that housed Lazzaroli Pasta, among others).

The Post reported in 2019 the property was offered for $2.5 million.


Missioner Building with brick and stone facade
The Missioner Building



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