Tag Archives: Cool Springs

Nashville CRE Week in Review: Week of March 25

Nashville CRE Links

  1. 4th and Commerce looks to land tenants — Nashville Post (link)
  2. Mayor Dean announces plan to guide Nashville growth — Nashville Business Journal (link)
  3. Metro gets $400,000 to plan SoBro ‘vision’ — Tennessean (link)
  4. New Cool Springs office space targets expansions, relocations — Tennessean (link)
  5. The Shopping Center Group moving to Terrazzo in the Gulch — Nashville Business Journal (link)

Nashville CRE Week in Review: Week of Dec. 4

Nashville CRE Links

  1. Boyle exploring redevelopment in Nashville’s North Gulch — Nashville Business Journal (link)
  2. Centennial Park apartments on tap — Tennessean (link)
  3. Expect slow grind to real estate recovery — Tennessean (link)
  4. Lenox Village getting more retailers — Nashville Post (link)
  5. New contender mulls Cool Springs office race — Nashville Business Journal (link)

Market Conditions 2011 — Cool Springs

Deliveries, Absorption & Vacancy

Deliveries, Absorption & Vacancy

Vacant Space

Vacant Space

Quoted Rental Rates

Quoted Rental Rates

Office Breakdown

Office Breakdown

Next week: Downtown

Also in this series: Brentwood, Airport North & South

Nashville CRE Week in Review: Week of Oct. 16

Nashville CRE Links

  1. Hendersonville apartment complex sells for $33 million — Nashville Business Journal (link)
  2. Major office developments planned for The Gulch — Nashville Post (link)
  3. Murfreesboro planners approve proposed Amazon warehouse — Daily News Journal (link)
  4. O’Charley’s nets $105 million in sale-leaseback of 50 properties — Nashville Business Journal (link)
  5. Spectrum plans spec office building in Cool Springs — Nashville Business Journal (link)

Nashville Total Office Market Statistics

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.

  1. Airport North & South
  2. Brentwood
  3. Cool Springs
  4. Downtown
  5. Green Hills / Music Row
  6. MetroCenter
  7. Rivergate / Hendersonville
  8. West End

Here’s the breakdown, submarket by submarket:

Total Office Market Statistics

Check back next week for a more detailed description of the Airport North & South market.

Nashville CRE Week in Review: Week of Sept. 18

Nashville CRE Links

  1. Bridgestone plans $37 million expansion in Warren County — Nashville Business Journal (link)
  2. MedSolutions to add 200+ jobs in Cool Springs — Nashville Post (link)
  3. Regions seeks buyer for Nashville West loan — Nashville Business Journal (link)
  4. The 2011 CRE 50 — Nashville Post (link)
  5. West End condos reach sales landmark — Nashville Post (link)

A Little History To Cap Our 30 Years

In addition to sharing pictures from our 30th Anniversary Party, we wanted to share some history of our company from over the past 30 years.

Dick Sorenson, a seasoned real estate developer from Atlanta, and George Volkert, a local real estate professional and Georgia Tech football star, established Southeast Venture in 1981.

The company is led today by seven principals: Todd Alexander, Wood Caldwell, Michael Finucane, Randy Parham, Paul Plummer, Cam Sorenson and Axson West. Wood, Paul, Cam and Axson have been with Southeast Venture for over 20 years.

Southeast Venture has grown with Nashville. And like Nashville, we’ve been fortunate to enjoy times of economic expansion and learned how to be resourceful during down times. Though no one wants to experience a recession—and in our history we’ve been through three—the lessons we’ve learned during the down times have made us a better, stronger company. It taught us how to turn obstacles into opportunities.

The firm’s story was born in 1981 when a banker called George and asked him and Dick to solve a problem. Perimeter Park, then under construction, had run into some difficulties and the bank needed someone to fix it. So Perimeter Park became the company’s first project. We handled the leasing, property management and landscaping, and turned a struggling property into a success.

The founding principals were also among the first to see the potential in Williamson County. As development partners with Gary Baker and the late Gerry Ezell, Southeast Venture led the project to create what is now Cool Springs. Southeast Venture handled master planning, rezoning, assembly of the land and approval of the Cool Springs interchange.

Southeast Venture Principals

Dick Sorenson, Paul Plummer, Wood Caldwell, Cam Sorenson, Todd Alexander, Randy Parham, Axson West, Michael Finucane

Construction on the Cool Springs interchange was well underway when the bank financing the project went under, forcing Southeast Venture to relinquish control. But George and Dick’s dream stayed alive, and today Cool Springs is one of the most successful mixed use developments in the south.

In 1991, Southeast Venture added third-party brokerage to its repertoire, and completed its first major third-party project with Sam Moore a year later, brokering the development of Royal Park Business Center.

Other Southeast Venture third-party projects include: Lakeview Regional Medical Center in St. Tammanny Parish Louisiana, Indian Lake, Stewarts Ferry, a major U.S. Postal facility in Royal Park, Central Woodwork Office and Distribution Center in Memphis and Mallory Park, an office park on the former “flagpole property” in Brentwood.

Southeast Venture’s brokerage arm has grown from two to 15 brokers. In April 2011, the company added brokers Finucane and Alexander to its ownership team. This was only the third time in 30 years that Southeast Venture has added partners.

Axson West, Jon Petty, Jimmy Pickel, Tarek El Gammal, J.T. Martin, Todd Alexander, John Cavin, Gilbert Smith, Alan Treadway, Michael Finucane

Our Brokerage Dept.: Axson West, Jon Petty, Jimmy Pickel, Tarek El Gammal, J.T. Martin, Todd Alexander, John Cavin, Gilbert Smith, Alan Treadway, Michael Finucane

The second time was in 1998 when a merger with Metro Center Inc. brought in Randy as a principal and added his broad background and talent in lease management. Over the last five years, Southeast Venture has developed 390,000-square feet in MetroCenter.

Southeast Venture also works closely with HG Hill Realty Company, the largest private property owner in Middle Tennessee. Providing brokerage and design services, Southeast Venture’s projects with HG Hill include BMW/Mini Cooper of Nashville, Gateway at Armory Oaks, Armory Hill Corporate Office Center, Hill Center in Green Hills and the Hill Center in Belle Meade.

If you were to ask what’s Southeast Venture’s stamp, what sets us apart, I’d have to say our track record and leadership that is well known and respected in Nashville. We know the local market, care about the local landscape and have been a part of greater Nashville business community for the last three decades.

The Southeast Venture Team

The Southeast Venture Team