CEO Harold Crye of Crye-Leike Purchases Building in Goodlettsville

Nashville, Tenn. – Sales associates and clients of Crye-Leike, Realtors’ Goodlettsville branch office will soon have the convenience of mortgage lending and titles services right next door to handle their real estate transactions. Harold E. Crye, chief executive officer of Crye-Leike, Realtors, recently purchased as investment property a 11,000 square foot multi-tenant building next door to Crye-Leike’s Goodlettsville branch office at 917 Conference Drive. Realty Title & Escrow Services and 1st Trust Bank for Savings have signed on as Crye’s first tenants.

Crye purchased the property at 913 Conference Drive for $750,000 on April 9, 2002. The property was previously occupied by Lazy Boy Furniture Gallery. With property renovations and significant upgrades, Crye estimates the project investment to be around $1.15 million. Regions Bank of Nashville is the mortgage lender. Century Construction of Franklin is overseeing the renovations with an estimated completion date of August 1, 2002.

Realty Title & Escrow Services and 1st Trust Bank for Savings, together, will occupy approximately 30 percent of the building with the remaining space available to lease to third parties, notes Keith Rosenblum, president of Crye-Leike Commercial & Property Management, a division of Crye-Leike.  “We are having good activity from prospective tenants with the potential of signing additional lease agreements very soon,” said Rosenblum.

“Our mission statement is a passionate commitment to unsurpassed service,” said Crye. “Having Crye-Leike align with a mortgage lending institution and a title services company to be next door to our real estate office provides convenience and service for our sales associates and clients and is a great example of businesses working together in the name of customer service.”

Crye-Leike (www.crye-leike.com), a full service real estate company for 25 years, is the nation’s 13th largest real estate company and the largest serving Tennessee and the Mid-South. Crye-Leike in Goodlettsville is one of 22 branch and franchise offices operated by Crye-Leike of Nashville, Inc. with locations in 10 counties within a two-state Mid-South region. Sales associates in the Greater Nashville area currently total over 800. Crye-Leike of Nashville, Inc. recorded 7,420 units sold in 2001, representing a sales volume of $1.08 billion.

 

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