Once a year, the Nashville Business Journal recognizes Nashville’s top commercial real estate companies in its much-read Book of Lists. The latest list, released a little over a month ago, makes it clear how much our firm has grown in the past year. In 2014, Southeast Venture is ranked as the #4 CRE firm by sales volume (up six places from last year) and the #8 CRE firm by lease volume (up seven places from 2013).
We wanted to take a moment here to commemorate some of the major sales and leases that contributed to this big jump in rankings.
In March 2013, the Viera Cool Springs multifamily property sold for $44 million to Viera Holdings, LLC. Southeast Venture Broker Tarek El Gammel represented the buyer and was assisted by Southeast Venture Broker Ashley Bishop.
Also in 2013, HealthSpring’s MetroCenter campus sold for $36.4 million to out-of-state investor, Griffin Capital Corporation. Southeast Venture Principal Cam Sorenson attracted the interest of several U.S. and global investors for the Southeast Venture developed property before it ultimately sold to Griffin.
Other notable deals:
- $57 million sale of the Lakes of Bellevue, and the $16 million sale of Marina Point in Chattanooga, both brokered by Tarek
- MTSU’s $11.1 million purchase of MTMC’s old hospital campus, brokered by Southeast Venture Principal Axson West
- Department of Children’s Services deal for the Plaza I building in MetroCenter, 2013’s largest lease, brokered by Principle Todd Alexander and Broker Jimmy Pickel
It’s important for us to take time and appreciate the consistent hard work, proactive nature and victories of our team. Todd’s leadership with Southeast Venture’s team of brokers played a large role in advancing our Nashville Book of Lists rankings. Thank you for sharing in the celebration of our incredible team, clients and big wins of 2013!
– Wood Caldwell
Posted in Company News
Tagged Ashley Bishop, Book of Lists, Broker, CRE, HealthSpring MetroCenter, Jimmy Pickel, Nashville, Nashville Business Journal, Tarek El Gammel, Todd Alexander, Viera Cool Springs
We’re proud to announce that the Nashville Business Journal has named Southeast Venture Affiliate Broker Jon Petty one of its 2013 Heavy Hitters in Commercial Real Estate. Jon was recognized as a one of the top-performing CRE brokers in the Nashville area Thursday night at the Nashville City Club.
He was one of 54 total honorees, and one of 10 in the retail category. The list was broken into four categories: retail, office landlord/owner rep, office buyer/tenant rep and industrial. The NBJ ranked brokers by their total square feet sold, purchased and leased in 2012.
Jon has been a member of Southeast Venture’s brokerage team since 2007. He specializes in representing retail tenants with site selection and lease negotiations. In 2012, he brokered 41 deals, the largest of which was a 42,000-square-foot office building acquisition in Maryland Farms for the Tennessee Hospital Association (THA).
THA purchased the old M. Lee Smith Publishers building at 5201 Virginia Way in June 2012. Southeast Venture’s architecture and interior design team designed the renovation of the building’s interior and also updated the building’s exterior. Additionally, THA engaged Southeast Venture to sell or lease their existing headquarters located near the Nashville fairgrounds at 500 Interstate Blvd. S.
Jon has also been an integral part in finding homes for new restaurant ventures that are tapping into Nashville’s burgeoning foodie scene. He recently brought celebrated Miami restaurant Sardinia to a 7,000-square-foot space in Park View Towers and Prima—the newest fine-dining option from Miranda Whitcomb Pontes and Jim Lewis—to a 7,000-square-foot space in the Terrazzo in the Gulch.
In Jon’s Heavy Hitter’s Q&A he talks about three personality traits that brokers need to have; the rise of Providence in Mt. Juliet; his franchise experience; and the art of feng shui in leasing.
You can read the full write-up from today’s Nashville Business Journal below.
Posted in Company News
Tagged 2013 Heavy Hitters, commercial real estate, CRE, Jon Petty, Maryland Farms, Mt. Juliet, Nashville Business Journal, Prima, Sardinia, Tennessee Hospital Association, THA
Nashville CRE Links
- Downtown Nashville building fetches $625,000 — Nashville Business Journal (link)
- Parking lot battleground might get apartments — Tennessean (link)
- Permit Patrol: 19 August 2011 — Nashville Post (link)
- Real estate notes: Wonton Foods buys La Vergne facility — Nashville Post — (link)
- Windham Professionals — Southeast Venture blog (link)
Nashville CRE Links
- Bar Louie restaurant coming to the Gulch — Nashville Business Journal (link)
- First Industrial sells Antioch park — Nashville Post (link)
- Local rentals rally — Tennessean (link)
- Nashville Sounds’ Stadium will get full debate — Tennessean (link)
- Parnassus finds home in Green Hills, alternative site to be auctioned — Nashville Post (link)
Posted in Week in Review
Tagged Antioch, Bar Louie, CRE, First Industrial, Green Hills, Gulch, Nashville, Nashville Business Journal, Nashville Post, Nashville Sounds, Parnassus, rental, Tennessean
The Nashville Business Journal recently ran a great piece on Southeast Venture.
The article includes an interview with Principal Wood Caldwell, during which he credits Southeast Venture’s diversification and management structure for its ability to persevere during the firm’s 30 year history.
To view a PDF of the article, follow the link below.
No debt, new services keep broker afloat