A 12South-area property accommodating a veterinary business has sold for $2.4 million, with the buyer philanthropist and RCA Studio A owner Aubrey Preston and family members Michelle Preston and Taylor Preston.
Located at 2002 12th Ave. S., the 0.45-acre property is sandwiched by The Chelsea condominium building and a Davidson County Fire Department station and is home to BluePearl Pet Hospital.
Nashville Pet Emergency Clinic Inc., which owns and operates BluePearl, was the seller. That entity paid $14,500 for the property in 1982, according to Metro records. BluePearl Pet Hospital eventually will relocate to a future building to be located on 21st Avenue South near Hillsboro Village (read more here).
Scott McKinney and Andrew Maxwell, senior associate and senior vice president, respectively, with the downtown Nashville office of Orlando-based Foundry Commercial, represented the seller.
Byran Fort and Frank Thomasson, co-first vice presidents with the Nashville office of CBRE, represented the Prestons.
Michelle Preston is a veterinarian who owns Animalia, a pet clinic located in Franklin, while son Taylor Preston is a real estate investor and owner of Natchez Group.
Aubrey Preston, Michelle Preston’s husband and Taylor Preston’s father, garnered local headlines in late 2014 when he, record executive Mike Curb and health care executive Chuck Elcan paid $5.6 million for RCA Studio A. Sitting at 30 Music Square W. in Music Row, the historic studio, in which Elvis Presley and many others have recorded, could have met the wrecking ball for a planned development had the investors not acquired the property. (Read more on that here.)
The Prestons could not be reached for comment regarding their plans for the building.
The commercial stretch of 12South starts about four blocks south of the just-sold property, with Belmont University to the immediate west.
At one time, the Metro Development and Housing Agency (then called the Nashville Housing Authority) owned the property, as did Nashville-based H.G. Hill Realty Co., Metro records show.
The Office of the Davidson County Register of Deeds had not recorded the transaction as of publication time. However, a source with information about the deal and who asked to go unnamed confirmed the sale.