Tag Archives: Tennessee

Walton Closes On 252 Acres in Fairview, Tennessee

“Trails of Brownlyn,” a planned unit development (PUD) in Fairview, Tennessee was purchased yesterday for $4.4 million by Walton Tennessee, LLC, an affiliate of Walton Development and Management (WDM), a land management and development company based in Roswell, Georgia.

Walton Tennessee, LLC purchased the 252-acre tract from John Rutledge. Ted Boozer of Franklin Real Estate Group, Inc. represented Rutledge, and Southeast Venture brokers Greg Coleman and Ashley Bishop represented the buyer in the sale.

The “Trails of Brownlyn” PUD is approved for 725 residential units. 

Trails-of-Brownlyn-site-plan“Trails of Brownlyn has a lot to offer in terms of access to Nashville and the surrounding areas. This property is situated within Williamson County, which has some of the best public schools in Tennessee, and it is perfectly located to cater towards growing families,” said Paul Beidel, WDM president, Southeast region.

“Fairview has long been an area of interest for land investment given its location in Williamson County, proximity to Nashville and overall quality of life,” said Greg. “With the investment in recent years by some national retailers such as Publix and Wal-Mart, it makes sense that a quality PUD be offered to current and future homeowners in Fairview.” 

Earlier this spring, WDM made its first acquisition in the Nashville area, purchasing four parcels that make up “Carothers Crossing,” a traditional neighborhood development in Nolensville. Combined, the four parcels comprise 545 acres of land located just east of Nolensville and west of the Interstate 24 Old Hickory Boulevard exit.

Trails-of-Brownlyn-vicinity-map

“We are excited Walton is investing again in Middle Tennessee and in Fairview. We have received a lot of interest from home builders about this project,” said Ashley. “This property has a lot of potential because of its picturesque surroundings, short commute to Nashville and its proximity to top-rated Williamson County schools.”

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The Shoppes at Maple Corner: New Hendersonville Retail Center Breaks Ground

Project will kickoff with a ribbon cutting ceremony Thursday, September 20

Maple RenderingIn August, P&M Investment Company, LLC broke ground on a new 20,000-square-foot retail center located in the growing Indian Lake area of Hendersonville, Tenn.

On Thursday, September 20 P&M will host a ribbon cutting ceremony at 3 p.m. to celebrate the beginning of construction.

The Shoppes at Maple Corner, a new Class A retail development, is at the intersection of Indian Lake Blvd. and Maple Dr., adjacent to the 60-acre Indian Lake Market that includes Wal-Mart Supercenter, Home Depot, several retail shops and a 40-acre planned office development. Southeast Venture represents P&M, the developer of the project, and recently secured the development’s first tenant, Sola Salon Studios, which will lease 4,300 square feet of retail space.

“We have had good conversations with a couple of coffee shops for the drive through and are talking to several restaurants and other tenants for available spaces,” said John Cavin of Southeast Venture. John Cavin and Jon Petty are brokers representing the owner. Up to 10,000 square feet of Class A retail space remains available for lease.

“This project is several years in the making and we are excited to see it begin, Indian Lake is ripe for another burst of growth and customers. Union University, McDonald’s and Sam’s Club have recently opened in the past year, plus 300 apartment units are under construction nearby and Goodwill Industries is planning to start building a new freestanding project just across the street from this development,” Petty said.

Quirk Designs will act as architect for the project and Hardcastle Construction Company, Inc. will handle construction.

Stores within The Shoppes at Maple Corner are expected to start opening by the end of 2012.

Welcome Lee White as our new Property Manager

Join us in welcoming Lee White to Southeast Venture. Lee recently joined the firm as a property manager.

He will handle the day-to-day operations of over 400,000 square feet of office and industrial space located in Brentwood, LaVergne, Antioch and the Nashville submarkets of Belle Meade, MetroCenter, the Gulch and the airport.

Lee comes to Southeast Venture from Cassidy Turley, where as assistant property manager, he aided in the supervision of multiple portfolios, consisting of over 2,000,000 square feet of office, retail and industrial properties.

He also worked as a tenant field researcher at the Costar Group, where he collected information on commercial tenancy in office, industrial and retail spaces for 12 counties in Middle Tennessee.

In 2008, Lee received a bachelor’s in construction management and land development from Mississippi State University. While in college, he completed two internships with Southeast Venture, first as a brokerage assistant and then as a development project manager.

He is a licensed affiliate broker in the state of Tennessee.

Welcome Lee!