Tag Archives: Michael Finucane

HealthSpring Campus Named Office Development of the Year

The Nashville chapter NAIOP has named our HealthSpring MetroCenter office campus the 2012 Office Development of the Year. Additionally, Southeast Venture Principal Michael Finucane won the Industrial Lease of the Year for brokering Griffin Technology’s lease of a new distribution facility in Interchange City. Both awards will be presented at NAIOP’s annual gala Feb. 23 at the Franklin Cool Springs Marriott.

In June 2011, HealthSpring executed a lease with us for Phase II of its MetroCenter office campus at 530 Great Circle Road. When complete, the campus will house employees from two of the three buildings HealthSpring currently occupies in MetroCenter.

We broke ground on Phase I of development in November 2010. Phases I and II of the project total 175,000-square-feet of office space and 997 parking spaces. The development sits on 21.10 acres overlooking Amulet Lake.

Southeast Venture’s in-house architecture and interior design group provided the design for the project and the firm’s property management arm will handle all day-to-day aspects of the property’s long-term operation and maintenance.

Our partnership with HealthSpring has been a truly valuable for us and for MetroCenter – a partnership that we hope to continue for a long time. It’s been an exciting project to spearhead and see through completion. Phase I of construction has finished and employees have moved in. Phase II is scheduled to wrap up in May.

Integral partners in the HealthSpring development included T.W. Frierson Contractor, Inc., Harvest Construction Company, Hodgson & Douglas, LLC and Barge Cauthen & Associates.

Michael Finucane

Michael Finucane

With the Industrial Lease of the Year award, NAOIP recognized Michael’s role in the leasing of 518,400-square-feet at 1706 Heil Quaker Blvd. by Griffin Technology. The site in Interchange City serves as a distribution facility for the firm.

Michael joined Southeast Venture in 1997 from the Trammell Crow Company, where he managed their Nashville industrial portfolio. At Southeast Venture, he concentrates primarily in brokering office and industrial transactions.

In addition to Griffin Technology, Michael has represented such clients as H.G Hill Realty, Duke Realty, Digital Reasoning, Espaces, Essex Technology Group, Spectra Metal, Thompson Caterpillar, Kemberton Healthcare and Cumberland Consulting Group.

In 2011, Southeast Venture completed over 758,000-square-feet of industrial leasing, making it  one of our best years on record in the industrial sector. These transactions represented new leases in the LaVergne market and helped absorb a lot of vacancy. We were fortunate to have the opportunity to work with some expanding clients at a time when the market was ready for some good deals.

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

Welcome Michael Finucane and Todd Alexander to our Ownership Team

We are happy to announce the addition of Michael Finucane and Todd Alexander to the Southeast Venture management team.

Michael and Todd @ our offices

Adding Michael and Todd has been 3.5 years in the making, and is only the 3rd time in 30 years that we’ve added partners.

The last time was 14 years ago when a merger with Metro Center, Inc. brought in Randy Parham. Michael and Todd join Randy, Paul Plummer, Cam Sorenson and Axson West in leading our company.

It’s only fitting that this announcement comes as we celebrate our 30th anniversary.

Michael and Todd both joined Southeast Venture as brokers, Michael in 1997 and Todd in 1999. Integral to the growth of our brokerage arm, both have been involved in all aspects of the Southeast Venture’s commercial real estate brokerage services, including land sales, landlord representation, tenant relocation, site acquisition, office and medical office representation, industrial leasing and improved property sales.

When we brought Michael aboard, he was one of only two brokers outside the principals. Now we have 11 brokers. Michael and Todd have been key to the growth we’ve enjoyed in brokerage services. It will be their goal and task to continue that trend, as well as to help our leadership team plan the firm’s future.

From the beginning Todd and Michael were team players; they showed leadership and were willing to put the interests of the firm ahead of their own, if necessary. We feel very fortunate that they are now partners at Southeast Venture and look forward to their continued leadership.

Michael joined Southeast Venture from the Trammell Crow Company where he worked in property management managing their industrial portfolio.

He concentrates primarily as a tenant representative broker in office and industrial transactions and recently closed on two industrial transactions totaling 761,400-square-feet.

He has represented such clients as H.G Hill Realty, Duke Realty, Griffin Technology, Inc., Franklin American Mortgage, Digital Reasoning, Essex Technology Group, Thompson Caterpillar, Kemberton Healthcare and Cumberland Consulting Group.

Todd was promoted to director of brokerage services in 2009. He works primarily in landlord and tenant representation.

He is currently responsible for leasing over 525,000-square-feet of office product and over 60 acres of commercial property in the greater Nashville market – as well as representing Southeast Venture in the development of a 98,000-square-foot office building for HealthSpring located in MetroCenter.

He has represented such clients as Behringer Harvard, USAA Real Estate Company, Northwestern Investment Management, IPC US REIT, SunTrust Bank, Saint Thomas Hospital, Sonic Automotive, Inc., Avis, Inc. and Sony, Inc.

He was a co-recipient of the 2005 NAIOP Office Lease of the Year, and recipient of the Commercial Awards of Excellence Horizon Award for 2001. He is a chair of the MetroCenter Advisory Committee of Chamber North, the North Nashville advisory council of the Nashville Area Chamber of Commerce.

Join us in welcoming Michael and Todd to their new management roles.