BY SAMANTHA HEARN
A more than $4 million, two-building office complex will be developed in Nolensville as Thomas Smith Properties, LLC recently purchased 2 acres on Haley Industrial Drive.
Thomas Smith Properties, a full service real estate development and brokerage company, plans to break ground in the next 60 days on the first phase of the 24,000-square-foot, Class A office complex.
Located at 7209 Haley Industrial Drive, the 12,000-square-foot first phase will be the first Class A office property constructed in Nolensville. The building will be known as Nolensville Business Center I.
Whit Smith, vice-president of Thomas Smith Properties, said the location, the lack of available high quality space in Nolensville, the city’s dramatic growth and pro-business economic development practices make this the right spot for putting up a new building.
“This is a great opportunity to add Class A office space to a terrific, emerging market like Nolensville,” he said. “We’re going to break ground as soon as possible. We want to make sure we have office space available for the community and the executives who are moving here so they can office and grow here close to home.”
The buildings will be two stories each with an elevator, high ceilings, abundant glass, a central lobby and common area restrooms.
“We’ve built in the flexibility to offer space for tenants from 1,000 square feet up to a full floor of 6,000 square feet, which will be a great attraction for the typical tenant in the market,” Smith said. “We’ve also included over-standard parking for the buildings to meet the ever growing demand for higher parking ratios that today’s space users require.”
The development has already attracted two tenants who will move into the first building after completion. Brentwood-based 4UMD, a fully-mobile diagnostics company that provides medicine for patients and physicians, will occupy approximately 2,500 square feet.
“We believe this development will strengthen the ability of Nolensville to attract significant office users and other businesses to the community, and we are pleased to foster growth in the area and allow for further economic diversification,” Smith said.
HCPros, a leader in Human Resource technology support for large and small companies, will occupy 1,000 square feet of the space.
“Both of these companies are owned and managed by Nolensville-area residents who were attracted to the quality of the buildings and the proximity to their and their employees’ homes, the amenities in the area and the access to the rest of Nashville,” Smith said.
The contractor for the development will be Grove Park Construction, a well-known and active contractor in the area. Financing has been secured with Franklin Synergy Bank.
In addition to overseeing the development, Smith will also market the building, and said lease rates will be very competitive with the Williamson County market.
The first phase of the development is expected to be completed by spring 2017. Check back with Home Page for updates.
Samantha Hearn reports for Home Page Media Group. She can be reached via email at [email protected] or on Twitter @samanthahearn.