News From Maddox Companies
“When Steve Maddox bought eight acres of property along Oak Ridge Highway for $495,000 back in 2005, he didn’t know exactly what he would do with it. He envisioned some kind of small commercial development along one of West Knox County’s busiest roads.
WATE 6: “KNOXVILLE, Tenn. (WATE) – Knox County Leaders have approved a multi-million dollar shopping center to be built in West Knoxville.
KNOXVILLE, Tenn. — WBIR: “A tax incentive to spur growth in North Knox County was also on Monday's agenda.
KNOXVILLE, Tenn. - Knoxville City Council affirmed the Planning Commission’s approval of a new 261 lot neighborhood on Washington Pike after developer Maddox Companies worked to address new concerns raised by some community members.
KNOXVILLE, Tenn. - A major new north Knoxville residential development gained overwhelmingly approval at yesterday’s planning commission meeting. The subdivision, developed by Maddox Companies, will include 261 homes and town homes, and is located on Washington Pike behind Target and New Harvest Park.
KNOXVILLE, Tenn. - The Metropolitan Planning Commission approved plans for a self-storage facility at Dry Gap Pike and Emory Road to be developed by Maddox Companies.
KNOXVILLE, Tenn. — Maddox Companies received planning commission approval of its conceptual master plan for Grassy Creek, a 30-acre commercial development in Northwest Knox County. The site, located at the intersection of Oak Ridge Highway and Schaad Road, is being developed by Maddox Companies as a neighborhood retail destination.
KNOXVILLE, Tenn. - Maddox Companies received planning commission approval for an all-indoor storage facility to be built in Northwest Knoxville. The 100,000 square foot facility will be located on Oak Ridge Highway and Schaad Road, and will stand three stories tall.
KNOXVILLE, Tenn. – Maddox Property Management and Sales, Inc. announced formation of the WestMed Medical Office Condominium near ParkWest Hospital. The property is a Class A office building at 10133 Sherrill Boulevard.
KNOXVILLE, Tenn. – Maddox Property Management & Sales, Inc has brokered the sale of all remaining developer lots and units in the Townehomes at Beaverbrook, a 49,537-square-foot 38-unit townhome development in Knoxville, Tenn.
SEMINOLE, Fla - Crunch Fitness, Optimart and Carepoint Pharmacy have signed leases for spaces in Maddox Companies' newly renovated Twin Oaks Shopping Center in Seminole, Fla.
KNOXVILLE, Tenn. - Twenty-one acres at the corner of Schaad Road and Oak Ridge Highway were approved unanimously for rezoning by the Knox County Commission on Tuesday. The site is under development by Maddox Companies as a neighborhood retail development. The site was recommended for rezoning unanimously by Knox County MPC on Tuesday, May 9.
KNOXVILLE, TN - Knoxville will host USA Cycling's national championship tournament this weekend. Over 200 entrants are expected to compete, and the event is expected to draw thousands of spectators, voluteers and associated visitors.
KNOXVILLE, Tenn. - Phase Three of the Schaad Road extension project was funded in the 2017-18 Knox County budget on Monday. The 5-lane highway adjoins Maddox Company's Grassy Creek development, at its intersection with Oak Ridge Highway/Western Avenue (TN-62).
KNOXVILLE, Tenn. – Maddox Property Management & Sales, Inc has brokered the sale of Town Creek Commons, a 15,011-square-foot Class A medical office building in Lenoir City, Tenn. MedSouth Lenoir City, LLC was the buyer. Steve Maddox and Brandon Clark represented Seller Town Creek Properties, GP in the transaction.
SEMINOLE, Fla. - Davita Dialysis, Brooklyn's Pizza and Sea Hags Bar & Grill have signed leases for retail spaces in Maddox Companies' newly renovated Twin Oaks Shopping Center in Seminole, Fla.
CLINTON, Tenn. - Maddox Companies has been retained by FHG Enterprises to market the Centre at Fox Run, a 35 acre interstate development in Clinton, TN. The development is anchored by Fox Toyota and a new Weigel's Fuel Center.
KNOXVILLE, Tenn. - The Knoxville Chamber has been selected for the Mac Conway Award for Excellence in Economic Development by Site Selection magazine
KNOXVILLE, Tenn. – Maddox Property Management & Sales, Inc has brokered the sale of 614 Mabry Hood Road Suite 301, a 5,287-square-foot Class A suburban office condominium in Knoxville, TN. Coal Creek Company will relocate its headquarters to the top floor of the building.
LENOIR CITY, Tenn. – Steven K. Maddox & Associates, LLC / Keller Williams Commercial has been retained by Town Creek Properties GP to broker the sale of Town Creek Commons, a Class A Medical Office Building on the campus of Fort Loudoun Medical Center in Lenoir City, TN, a growing bedroom community of Knoxville. The asset was constructed in 2010 and has visibility from Exit 81 of Interstate 75.
KNOXVILLE, Tenn. – Where others see turmoil, Steven K. Maddox of Maddox Companies sees opportunity in the so-called "Wall of Maturities" looming over the US Commercial Real Estate market in 2016. The term refers to the over $600 billion in CMBS loans orignated between 2005 and 2007, most of which have 10 year maturities. It is expected that anywhere from 20 percent to 50 percent of maturing loans will face difficulties.
KNOXVILLE, Tenn. – Maddox Property Management & Sales, Inc brokered the $3.5 million sale of 9305 Kingston Pike, a 66,511 square-foot former Kroger grocery store in Knoxville, Tenn. Veloce Speedway will open in the building in early 2016. Veloce is a growing chain of European-style indoor go kart centers. Steve Maddox and Brandon Clark represented the Seller, Palo Plesnik of Pacific Palisades, Calif. in the transaction.
SEMINOLE, Fla. - A total redevelopment of Twin Oaks Plaza, a 54,097 sq. ft. shopping center in Seminole, FL is nearing completion. The project is brokered and managed by Maddox Companies, and developed in partnership with Hollingsworth Companies.
KNOXVILLE, Tenn. - Steven K. Maddox & Associates, LLC / Keller Williams Realty has secured a buyer for a 66,511 sq. ft. former Kroger box at 9305 Kingston Pike, Knoxville, TN 37922. Steven Maddox and Brandon Clark represent the seller in the transaction.
KNOXVILLE, Tenn. – Maddox Property Management & Sales, Inc has brokered the $6.7 million sale of Century Park Building I, a 51,604-square-foot Class A suburban office property in Knoxville, TN. Functional Pathways, LLC, a national leader in contract rehabilitation and therapy management services, will relocate its headquarters to the top floor of the building. Steve Maddox and Brandon Clark represented both Buyer and Seller in the off-market transaction.