E2L and Putnam County are working together to achieve common goal
Cookeville – “We agree that the Upper Cumberland is an awesome area and look forward to getting to know the community better,” E2L Real Estate Solutions (E2L) President and Partner Mark Hefferin told the Upper Cumberland Business Journal regarding the option for the old fairgrounds’ property in Cookeville.
The Real Estate solutions company met with Putnam County Mayor Randy Porter Thursday afternoon to discuss the land option and the upcoming Putnam County Commission (Commission) meeting. Several retailers are in talks to occupy the property, according to reports. The property is appraised at $12,420,000.
E2L’s offer matched that appraisal.
“The development process as you know is process intensive with many factors to be addressed,” said E2L President and Partner Mark Hefferin. “Step one is for the parties to agree to work together i.e., Option Agreement.”
On April 17, the Commission will hear and vote on a recommendation of approval of the purchase option. The property has been up for private sale since 2021 when the Commission first declared it surplus.
“E2L have done a bunch of developments over the years across the southeast,” said Porter. “It is great to see all the interest in the property the past few months. It’s a prime piece of property that could bring some very good things to Putnam County.”
E2L is in Winter Park Florida and is co-owned by Hefferin and his wife Kelley. Call them at 407-636-7919 or visit e2lrealestatesolutions.com. The Commission meeting will be held at the Putnam County Courthouse at 421 East Spring Street on April 17 and is open to the public.
UCBJ file photo.