Tag Archives: 12South Flats

12South Flats, A Nashville Favorite

In light of the commercial construction frenzy that began in 2010, standing out in CRE development in Nashville is harder than it was four years ago. Consequently, at Southeast Venture, we never take it for granted when our peers recognize one of our developments as a favorite building in Nashville.

The “Deftly Designed” article in Nashville Post magazine’s latest “Boom” issue is an ode to structures built during the building boom that represent the city’s trend towards urban design. 12South Flats, which we developed in a 50|50 partnership with H.G. Hill Realty Co. in 2013, was among the favorite buildings chosen by local architects and developers.

The article included a great quote by Adam Leibowitz, a managing partner of Double A Development. Leibowitz stated, “As 12South thrives as a great walkable neighborhood, 12South Flats blends in perfectly to continue that trend. The overall building is deceptively large yet the scale and design of the front elevation keeps it from looking overwhelming for the neighborhood. I find that the storefront level specifically has a high-end, classic look that draws your attention. 12South Flats is a strong bookend for the commercial stretch of 12South and is a great example of timeless culture.”

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We’ve promoted Tarek El Gammal to Associate

Join us in congratulating Tarek El Gammal who has been promoted to the position of Associate.

TarekTarek has been with Southeast Venture since 2010, when he joined as a broker to head up our multifamily investment sales, advisory and development activities.

Tarek has been a large part of our growth in the apartment market. As our newest Associate, he brings a great deal of institutional experience and real estate contacts to Southeast Venture’s management table.

To date, Tarek has worked with a variety of clients on sales and leasing transactions valued at over $100 million representing over one million square feet of commercial space. He most recently assisted in obtaining financing and was a project manger for 12South Flats, the new mixed-use development project by H.G. Hill Realty Company and Southeast Venture in the vibrant 12South neighborhood.

Before joining Southeast Venture, he served as managing member for Queen Square Group, LLC where he provided consulting services to regional development firms. He also worked as vice president at The Tuckerman Group/SSgA, where he sourced $167 million of project capitalization in multifamily acquisition and mezzanine loan financing.

Tarek began his career in Atlanta in property management with Merry Land & Investment Company before becoming project manager with Equity Residential Properties Trust in Chicago.

He holds a bachelor’s degree in English and history from Hampden-Sydney College in Virginia and a master’s of business administration from University of Chicago’s Booth School of Business.

Congratulations Tarek!

12South Flats – September Aerials

See below for the latest aerials of 12South Flats. Almost complete!

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12South Flats Move-In Day

It’s here. The day we’ve all been waiting for. Move-in starts today for the new residents of 12South Flats. By the end of this holiday weekend, we expect the residential portion of the new mixed-use development to be 40% occupied.

When we broke ground on this project in May 2012, we had every hope that the construction would go as smoothly as it has.

We need to thank our partner in 12South Flats, H.G. Hill Realty Company. We also need to thank Southland Constructors, Barge Cauthen & Associates, Smith Seckman Reid, Hawkins Partners and RPM Transportation Consultants, among many others.

Welcome new 12South Flats residents to the neighborhood!  Screen Shot 2013-08-30 at 2.38.38 PM

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12South Flats — August Aerial Photos

Construction is in its homestretch at 12South Flats. Now Pre-Leasing. New homes will be ready beginning of end of August 2013

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July 12South Flats Aerial Photos

New Aerial photos of 12South Flats. Residential moves in August 30. Almost at the finish line!

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June 2013 Aerial Progress – 12 South Flats

New Aerial photos of 12South Flats. Residential moves in in August. Almost at the finish line!

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H.G. Hill Realty & Southeast Venture’s 12South Flats Retail Space Almost Fully Leased

Pre-leasing for residential units begins May 15, 2013

Retail space in 12South Flats, the mixed-use development project by H.G. Hill Realty Company and Southeast Venture in the 12 South neighborhood, is 85 percent leased, well ahead of the property’s late summer construction completion date.

New retailers investing in the area include:

Josephine logoJosephine: An original restaurant concept from current neighborhood proprietor Miranda Whitcomb Pontes that will highlight old school cooking techniques, emphasize proteins and utilize relationships that Pontes has with her current vendors at Burger Up. Josephine will occupy 3,163 square feet in the end cap of the development closest to the 12 South Taproom & Grill.

Emerson Grace: A high-end clothing store that will be unique to Nashville, Emerson Grace is a new concept developed by the owners of Therapy Pasadena, which has multiple locations in Pasadena, Calif. and Portland, Ore. The store will inhabit 2,529 square feet of space in the northern portion of the development.

Jeni's logoJeni’s Splendid Ice Cream: One of Nashvillians favorite spots for a cold treat, Jeni’s Splendid Ice Cream will open its second Nashville location in 1,531 square feet next to Josephine.

Cadeau logoCadeau Gifts: A place to shop for unique gifts, home décor and furnishings, Cadeau Gifts is owned by Frannie Preston Daughrity and Catherine Rector. They currently operate one location in Columbia, Tenn. and will lease 1,083 square feet for their new Nashville location.

“These retailers were attracted to 12South Flats because of its pedestrian friendly nature. Additionally, the growth of the area over the last decade, its unique neighborhood environment and convenient location, all combine to make 12South Flats an ideal new retail space in Nashville,” said Tarek El Gammal, broker for Southeast Venture.

El Gammal and Greg Coleman are the brokers leading 12South Flats’ leasing activities. Nashville residents can expect these new retailers to begin opening their doors in fall of this year.

H.G. Hill Realty Company and Southeast Venture also announced today that pre-leasing for the residential units of 12South Flats will begin May 15. There are 82 one bedroom and eight two bedroom apartments that are available to rent. Interested parties can learn more at www.12southflats.com.