Truck service property sells for $15M

A California company has paid $15 million for the Spence Lane-area home of truck dealer Cumberland International Trucks, according to a Davidson County Register of Deeds document.

An LLC affiliated with Whittier-based Velocity Truck Centers now owns the 20-acre property, which offers an address of 1901 Lebanon Pike and is located about three miles southeast of downtown Nashville. Velocity operates nearby the just-purchased site at 319 Fesslers Lane via property it seemingly leases. The company also operates a body shop and training center locally.