What's the Future for Nashville PSC Metals Scrapyard? What Investors Are Saying

What's the future for Nashville PSC Metals scrapyard? What investors are saying

The real estate investor behind the $245 million scrapyard deal gave details about the land's future in an exclusive interview with The Tennessean.

Nashville riverfront scrapyard sells for $245M

NASHVILLE, Tenn. (WKRN) — A scrapyard along the Cumberland River in downtown Nashville has officially been sold. The 45-acre site on the east bank has recently been serving as a recycling center, processing scrap metal. It’s a landmark that has mostly stayed the same for decades while downtown Nashville has transformed. The land is owned by Carl Icahn and currently home to SA Recycling. (Photo: WKRN) (Photo: WKRN) (Photo: WKRN) (Photo: WKRN) (Ph…

Breaking: Nashville Investment Group Acquires East Bank Scrapyard Site.

Local investors have completed the purchase of the 47-acre riverfront scrapyard site in Nashville, Tennessee. The property has been used primarily for metal recycling since the early 1960s. SA Recycling has managed the site since its acquisition of PSC Metals in 2021. The purchasing entity is TEB LLC, which was organized by ARRT Global’s SRE Fund I, LLC (Fund). The Fund is comprised largely of investors from Nashville and the state of Tennessee.…

East Bank Site Including Scrapyard Sells for $245 Million

Investors buy 45 acres of multiple industrial properties on Cumberland River