Nashville CRE Links
Posted in Week in Review
Tagged Brentwood, Gulch, Marland Farms, Nashville, office, Red Roof Inn, Vanderbilt, Waterford Landings
Nashville CRE Links
Posted in Week in Review
Tagged Audi, Brentwood, construction, First Baptist Church, Medical mart, Porsche, Synergy Business Park
Nashville CRE Links
Posted in Week in Review
Tagged apartment, Brentwood, Mall at Green Hills, Nashboro Golf Club, retail
Next week: Cool Springs
Also in this series: Airport North & South
Join us in welcoming Lee White to Southeast Venture. Lee recently joined the firm as a property manager.
He will handle the day-to-day operations of over 400,000 square feet of office and industrial space located in Brentwood, LaVergne, Antioch and the Nashville submarkets of Belle Meade, MetroCenter, the Gulch and the airport.
Lee comes to Southeast Venture from Cassidy Turley, where as assistant property manager, he aided in the supervision of multiple portfolios, consisting of over 2,000,000 square feet of office, retail and industrial properties.
He also worked as a tenant field researcher at the Costar Group, where he collected information on commercial tenancy in office, industrial and retail spaces for 12 counties in Middle Tennessee.
In 2008, Lee received a bachelor’s in construction management and land development from Mississippi State University. While in college, he completed two internships with Southeast Venture, first as a brokerage assistant and then as a development project manager.
He is a licensed affiliate broker in the state of Tennessee.
Welcome Lee!
Last week we started our series detailing the the Nashville area office market. This week, we bring you a market overview.
Nashville consists of eight office submarkets.
Here’s the breakdown, submarket by submarket:
Check back next week for a more detailed description of the Airport North & South market.
Posted in Uncategorized
Tagged Airport, Brentwood, Cool Springs, Green Hills, Hendersonville, Music Row, Nashville, office, Rivergate, West End
Yesterday, Brentwood Home Page posted its roundup of the most read stories of 2010. Southeast Venture made #6 with our work with the “flagpole property.”
Quoting from the article,
“On April 14, over 40 residents attended an informal meeting to hear a “Plan C” for the property. The new plan, presented by Southeast Venture principal Wood Caldwell, included commercial development of 33.5 acres; the deeding of a total of 23.7 acres to the city for eventual park/open space use, and another 20.2 acres to buffer the commercial development from adjoining neighborhoods.
On June 28 with a unanimous vote, the Brentwood City Commission passed three ordinances that comprised Plan C.”
Posted in Uncategorized
Tagged Brentwood, commercial real estate, CRE, Flagpole property, Southeast Venture
The city of Brentwood has another 24 acres of parkland thanks to Tennsco, which owns the adjoining property known as the “flagpole property.”
Nearly 24 acres of land in the Wikle Road/ Gen. McArthur Drive neighborhood was deeded to the City of Brentwood last Thursday for use as a new city park.
The land was donated by Tennsco, which also owns 33.5 nearby acres, known as the “flagpole property,” that the Brentwood City Commission voted in June to rezone as commercial. Mallory Park business park will be extended into the rezoned property.
The donated park property is in two parcels: 14.99 acres is bounded by Wikle Road and the CSX Rail Line and 8.7 acres adjoins the extended Mallory Park property on the north. The 8.7 acres will act as a buffer between the business park and the Gen. MacArthur Drive residential neighborhood.
“I am appreciative to Tennsco for the donation of this valuable land for an additional city park. The inclusion of even more green space in the form of larger residential buffers was also significant.” said Brentwood Mayor Betsy Crossley. “Now, we look forward to incorporating neighbors’ ideas into the future plan of the newly acquired park.”
Wood Caldwell, of Southeast Venture, which represents the landowner, said that the new parkland should offer several benefits.
“Municipal green space is always a great amenity for a city, and I believe this is particularly true for Brentwood. Beyond the natural beauty of a park, in this case it also serves as an excellent transitional buffer between residential neighborhoods and a commercial area. It’s an excellent example of forward-thinking city planning.”
City Commissioner Regina Smithson, who participated in the unanimous vote by the Brentwood City Commission to accept the parkland and rezone land to extend Mallory Park, said that the donation of 20-plus acres for a city park is part of a “win-win-win situation.”
“I want to thank Tennsco and Wood Caldwell for working with the neighborhoods surrounding the “flagpole” property and with the City of Brentwood to come up with a win-win-win situation,” she said. “The city now has additional parkland in the area that was much needed, plus more commercial tax revenues from the 33 acres of commercial property. The developer gave some, the city gave some and the neighbors gave some. In doing so, they ALL received more. Just about everyone was pleased and when the project is complete, I believe Brentwood will be an even better place to live. This is proof that developers, residents and government can work together for the good of all.”
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