HORSHAM, PA. — Bimbo Bakeries USA has sold its bakery in Nashville, Tenn., for $9 million to an investor group that plans to turn the site into apartments and retail shops. B.B.U. ceased operations at the bakery in mid-January, part of an ongoing consolidation for the company.

The company acquired the plant as part of its acquisition of the North American Fresh Bakery business of Sara Lee Corp. that closed in November 2011. The plant made bread and buns under the Colonial, Iron Kids and Grant’s Farm brands, according to the 2013 Directory & Buyers Guide published by Sosland Publishing Co.