MADISON, TN | August 26, 2019 – JWA Ventures, LLC (JWAV), a division of Jim Wilson & Associates, LLC, recently closed on the sale of a build-to-suit development for Tire Discounters in Madison, TN, a suburb of Nashville, TN. Tire Discounters provides an excellent new choice within the region, supporting a growing trade area within the Nashville MSA. Since its beginning in 1976, Tire Discounters has been an industry leader in innovations, while providing award winning customer service.
Tire Discounters is family-owned and operated by the Wood family. As of February 2017 they have over 100 stores across Ohio, Kentucky, Indiana, Tennessee and Georgia. It is the fastest growing tire chain in the Midwest, currently employing over 1,100 people. It is the seventh largest independent tire dealer in the U.S. by Modern Tire Dealer national rankings. They are known for their quirky radio spots from the early 2000s with the “Phantom Tire Buyer”, their slogans, “Home of the Free Alignment” and “Out the Door with More”, and the ever-changing signs at their stores. They are one of few tire stores that used nitrogen inflation, introduced to Tire Discounters in 2004. In 2014, they broke the Guinness World Record for the tallest stack of tires. As one of the fastest-growing tire retailers in the nation, Tire Discounters expects to open a minimum of 15 new stores in 2019.
JWA Ventures, LLC, invests in build-to-suit and shopping center development opportunities on behalf of user clients, using the resources of Jim Wilson & Associates and select development partners. JWA Ventures seeks tenant relationships to help them expand throughout the United States as well as tenants looking for opportunities in JWA or affiliate-owned properties.
Jim Wilson & Associates, LLC, based in Montgomery, Alabama, has developed and managed a wide array of properties throughout the eastern United States, including Class A office buildings, hotels, residential communities, mixed use properties and retail. In addition, JWA’s services are expanding through the formation of investment partnerships and companies, including 42 Equity Partners, A&W Enterprises, LLC and JWA Ventures, LLC. JWA was founded by Jim Wilson, Jr. and today is led by his sons, Jim Wilson, III and Will Wilson, and a well-established team of talented and experienced professionals. For more information about Jim Wilson & Associates, LLC, please visit www.jwamalls.com.