Tag Archives: James Roscoe High

Hotel Developer Purchases 9.12-Acre Property Near Nashville International Airport

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This press release was originally released on Jan. 13, 2017. 

Hotel Developer Purchases 9.12-Acre Property Near Nashville International Airport

NASHVILLE, Tenn., Jan. 13, 2017 — North Dakota-based hotel developer Dakota Legacy Group has purchased 9.12-acres at 16 Century City Blvd – near the Nashville International Airport – for $1.995 million. The property is one of the last remaining parcels of raw land in the Century City complex.

The buyer, Dakota Legacy Group, was self-represented in the deal. Southeast Venture Brokers James Roscoe High, CCIM and J.C. Darby represented the seller, 16 Century City Blvd., an entity of Nashville-based boutique real estate company Anchor Investments.

“We are excited to close out another successful project for our investors and look forward to seeing Dakota bring their project to life,“ said Micah Lacher, president of Anchor Investments. “We appreciate all that Roscoe and JC have done to help us complete another great project for our team.”

Dakota Legacy Group plans to develop a hotel on the property.

“Nashville International Airport recently reported record-breaking numbers in terms of passenger traffic for the fourth year in a row, and they welcomed several new airlines, routes and services,” said High. “That said, there’s high demand in this area for more affordable hotels, and we are pleased to partner with Dakota Legacy Group to provide that.”

High and Darby represented Anchor Investments in 2015 in the purchase of the property from Duke Realty for $1.25 million. The company had interest from several hotel developers prior to selling the property to Dakota Legacy Group.

About Anchor Investments

Anchor Investments is a private, Nashville-based real estate investment company that was formed to acquire, own, develop and manage income-producing commercial properties in the Southeast. Anchor is an active operator and investor that targets value-added commercial properties. The partners’ philosophy is to use their years of combined asset management, development and leasing expertise to maximize the performance of each investment.

About Southeast Venture

Founded in 1981, Southeast Venture is a diversified commercial real estate and design services company guided by a mission of “Building Value by Valuing Relationships.” The firm provides and coordinates the delivery of brokerage, development, architectural and interior design and property management. This unique, comprehensive approach to commercial real estate offers a cost effective and efficient way of meeting its clients’ commercial real estate needs. For more information, visit SoutheastVenture.com, or find Southeast Venture on Twitter @SEVentureCRE.

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Photo credit: Derrick Brutel

Southeast Venture transforms an empty shell into a light-filled office for the Bradford Group

the Bradford Group lobby

the Bradford Group lobby

When the Bradford Group needed a new home for its growing public relations agency, the firm turned to Southeast Venture Principal Randy Parham and Broker James Roscoe High to find the perfect space. Randy and Roscoe found the perfect space—an office condo on the second floor of the iconic glass and red-steel Fifth & Main Building in East Nashville—then brokered the purchase for Bradford, using their experience to negotiate an attractive price and favorable terms.

the Bradford Group Conference Room

the Bradford Group Conference Room

The Bradford Group then worked with Ginny Caldwell and Shannon Mikula of Southeast Venture’s interior design team to turn the new space, which was an empty shell, into the light-filled office the Bradford Group’s smart and creative team need.

the Bradford Group Kitchen

the Bradford Group Kitchen

There is only one office in the Bradford Group’s office that is not exposed to natural light. Because interior walls are broken up with lots of glass, even interior offices get plenty of sunlight. The highlight of the space is the break room and kitchen, where floor-to-ceiling windows provide a panoramic view of downtown Nashville.

the Bradford Group

the Bradford Group – view from the kitchen

Additionally, the agency’s primary brand color—Pantone Yellow 123—can be found throughout the office: in the carpet, on the walls, surrounding the reception area and kitchens, in chair fabrics, etc. Southeast Venture worked with the Bradford Group to ensure that the corporate color is prominent in the space, though not overwhelmingly so.

Services Provided

Brokerage

Interior Design

Project Scale

5,500 SF

Project Timeframe

2013-2014