Prosper Realty Group’s Laith Al-Jafari Facilitates $1M Acquisition of Historic Downtown Jackson Landmark

Jackson, TN — February, 2026 —

Prosper Realty Group is pleased to announce the successful acquisition of a historic downtown commercial property located at 118 North Church Street, Jackson, TN 38301.

The approximately 45,000-square-foot building, a well-known landmark in downtown Jackson, was acquired for $1,000,000 by New Century Properties and Investments LLC.

Laith Al-Jafari, Affiliate Broker, REALTOR® with Prosper Realty Group, represented the buyer in the transaction, facilitating the successful transfer of ownership.

The acquisition underscores continued investment interest in downtown Jackson and reflects confidence in the area’s long-term commercial significance. At the buyer’s request, no details are being released at this time regarding future redevelopment plans, intended use, or project direction for the property.

Prosper Realty Group congratulates all parties involved and is proud to support transactions that contribute to the ongoing vitality of the downtown Jackson market.

About Prosper Realty Group

Prosper Realty Group is a full-service real estate firm focused on delivering exceptional results through trusted relationships, market expertise, and client-first service.

Media Contact:

Laith Al-Jafari

Affiliate Broker, REALTOR®

Prosper Realty Group

Cell: 731-217-7400

Office: 731-215-0210