Tag Archives: Todd Alexander

Southeast Venture Rises in Nashville Business Journal’s Book of Lists

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.

Sharpened
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

Advertisements

The Catholic Diocese of Nashville Completes Two Rivers Purchase for $12.35 Million

Photo of ChurchThe Catholic Diocese of Nashville closed earlier this month on The Fellowship at Two Rivers property at 2800 and 2812 McGavock Pike for $12.35 million. Located at the corner of Briley Parkway and McGavock Pike, more than 1,550 feet of the property fronts Briley Parkway.

Set on a 37.64-acre campus, the property includes a 225,000-square-foot worship center and administrative offices. The building also includes a 3,300-seat auditorium, 70 classrooms, gymnasium, library and commercial kitchen.

Todd Alexander and Jimmy Pickel of Southeast Venture represented The Fellowship at Two Rivers in the sale. The Catholic Diocese of Nashville worked directly with Southeast Venture without a broker.

It is our understanding that The Catholic Diocese plans to use the facility in a similar fashion as The Fellowship did, which of course is the highest and best use for the property. It’s a fabulous facility that’s on a very large campus and still located within the city. When looking for a buyer, we had parties interested in turning the space into retail or interested in the vacant land, but, in the end, the best use ended up being the current use.

Exterior Photo

For a short time, The Fellowship at Two Rivers will remain in the building as a tenant while they secure new places of worship in Donelson, Mt. Juliet and other parts of Middle Tennessee.

Southeast Venture brokers sale of Music Square property

Music-Square-1In July 2014, Southeast Venture Principal Todd Alexander and Broker Jimmy Pickel represented the Bradley family and Chet Atkins trust in the sale of the building and property at 30 Music Square West, Nashville.

The 20,886-square-foot, three-story office building was built in 1969 and sits on 0.81 acres of land. Brentwood-based developer Bravo Development Group, LLC purchased the property for $4.075 million. Matt Kwasek of Kwasek Commercial Real Estate represented the buyer.

The site is zoned for both office and residential use.

Services Provided

  • Brokerage

Project Scale

  • 20,886 SF / 0.81 AC

Project Timeframe

  • 2014

Music-Square-3 Music-Square-2

Clip: Nashville real estate firms hiring as market rebounds

Check out this great article from today’s Nashville Business Journal that talks about the ways in which Nashville’s CRE market is picking up, and includes interviews with Southeast Venture’s very own Todd Alexander and Roscoe High.

042012 NBJ "Real estate firms hiring as market rebounds"

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.