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Commercial real estate highlights: Land sold in Innsbrook for $2.95 million for new apartment complex | Business News

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An undeveloped 3.3-acre lot at the intersection of Sadler and Nuckols roads just off Interstate 295 sold recently for $2.95 million. Silver Hills Development and Edwards Communities Development Co., both based in Ohio, bought the property and plan to build 243 apartments. The property is next to the U.S. Post Office and is on the south side of Nuckols Road across from the Market Cafe and convenience store. Construction should start this fall. Nathan A. Shor with commercial real estate brokerage S.L. Nusbaum represented the developers in the sale of the property.

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