rutherford county economic guide 2010-11
DESCRIPTION
Evidenced by continuing and steady economic growth for more than a decade, the business climate in Rutherford County is one of the best in the nation. An excellent location along Interstate 24, low tax structure and competitive wages make Rutherford County a top location for corporate headquarters, manufacturing and distribution.TRANSCRIPT
MTSU ‘Enrolls’ Right Along
Connect the DocsImpressive new hospital opens
See a video about Smyrna Airport
What’s Online
rutherford county economic guiderceconomicguide.com
SpOnSORED by ThE RUThERfORD COUnTy ChAMbER Of COMMERCE | 2010-11
R C E C O n O M i C g U i D E . C O M 1
Rutherford County Economic Guide is published annually by Journal Communications Inc. and is distributed through
the Rutherford County Chamber of Commerce. For advertising information or to direct questions or comments
about the magazine, contact Journal Communications Inc. at (615) 771-0080 or by e-mail at [email protected].
fOR MORE infORMATiOn, COnTACT:Rutherford County Chamber of Commerce
501 Memorial Boulevard • Murfreesboro, TN 37129Phone: (615) 869-0345 • Fax: (615) 869-0369
Email: [email protected] www.rutherfordchamber.org/ed
Visit RutheRfoRd County eConomiC Guide online at rceconomicguide.com
©Copyright 2010 Journal Communications Inc., 725 Cool Springs Blvd., Suite 400, Franklin, TN 37067,
(615) 771-0080. All rights reserved. No portion of this magazine may be reproduced in whole or in part without written consent.
Member Magazine Publishers of America
Member Custom Publishing Council
Member Rutherford County Chamber of Commerce
content director BIll McMEEkINon the coVer: ThE NEw MIddlE TENNESSEE MEdICAl CENTER hoSPITAl
Photo by ANToNy BoShIER
10
WorkstyleTurning Over a new LEAf 4Nissan brings production of battery-powered hatchback to Smyrna.
Connect the Docs 6Middle Tennessee Medical Center provides new level of care.
insightOverview 2
business Climate 3
Transportation 8
Energy/Technology 9
Economic profile 13
Site guide 15
LivabilityEducation: MTSU ‘Enrolls’ Right Along 10
health 11
LifestyleFind out what it’s like to live here and what makes the community such a special place to be.
ONLINERUThERfORD COUnTy ECOnOMiC gUiDE
WorkstyleA spotlight on the innovative companies that call the community home
See the Videoour award-winning photographers give you a virtual peek inside the community
gO OnLinE
RCECOnOMiCgUiDE.COM
An online resource at RCECOnOMiCgUiDE.COM
®bUSinESS
All or part of this magazine is printed on recycled paper containing 10% post-consumer waste.
Please recycle this magazine
2 R U T h E R f O R D C O U n T y E C O n O M i C g U i D E
Overview
Rutherford County is in the Middle of the Action
The Rutherford County Chamber of Commerce welcomes you to the 16th edition of the Rutherford County Economic Guide, a resource for working and living in Tennessee’s fastest-growing community.
Rutherford County continues to set the pace for growth in Tennessee. The county’s 2010 population stands at 262,138 — a more than 44 percent increase from 2000 — and is ranked No. 1 among Tennessee counties for its rate of growth.
Rutherford County is a clear destination of choice for investment, expansion and corporate headquarters location. household names with deep roots in the county include General Mills, Nissan North America, Ingram Book Company, Bridgestone/Firestone and State Farm Insurance.
A major asset of Rutherford County is the high quality of its schools and availability of a range of higher-education options. Rutherford County has six middle schools ranked in the state’s top 50 schools and is in a three-way tie with two other Tennessee counties for top-performing middle schools. Murfreesboro’s elementary school system is ranked No. 6 statewide. with more than 25,000 students and 900 faculty members, Middle Tennessee State University in Murfresboro provides a major education and research asset for the region.
Rutherford County is the geographic and population center of Tennessee. Three-quarters of the nation’s population is within a day’s drive and access to markets is a snap with easy access to three major interstates. la Vergne is home to
231
31
31A
41
41A
840
96
24
40
40
65
24
La Vergne
Smyrna
Eagleville
Murfreesboro840
Nashville
RUTHERFORD
Shelbyville
the county’s largest industrial park, including one of the largest distribution centers in the Southeast.
The county’s workforce numbers nearly 133,000, up 30 percent since 2000. Rutherford County consistently outperforms national economic indicators, a testament to the county’s pro-business climate.
“Evidenced by continuing and steady economic growth for more than a decade, the climate for business in Rutherford County, Tenn., is one of the best in the nation,” says holly
Sears, vice president of economic development for the Rutherford County Chamber of Commerce.
Sears invites inquiries from prospective relocating companies.
For more information, contact:
Rutherford County Chamber of Commerce 501 Memorial blvd. Murfreesboro, Tn 37129 (615) 869-0345 [email protected] www.rutherfordchamber.org/ed
RutherfordCounty
R C E C O n O M i C g U i D E . C O M 3
Working for continued success
Story by Michaela Jackson
business-friendly environment? Check.Track record of job creation success? Check.Redefining economic development strategy? Check.
Boasting a vibrant economy, despite an undeniably difficult national climate, Rutherford County has a lot to be proud of. The Nashville-Davidson-Rutherford metropolitan statistical area is the fifth strongest U.S. market for economic strength, according to the Florida-based economic researcher POLICOM, and the U.S. Census Bureau recognized Rutherford as Tennessee’s fastest-growing county in May 2009.
Destination Rutherford, a public-private partnership that fosters balanced economic growth, leadership development and education, is a pillar of the county’s focused efforts to create jobs, attract tourism and improve overall quality of life.
There is no lack of enticing reasons for businesses and families to locate and grow in Rutherford County.
The community’s strong K-12 school system offers parents a high-quality option for their children’s educations, and Daymar Institute, Middle Tennessee State University, Motlow State Community College, the Tennessee Technology Center and the University of Phoenix both afford adults the opportunity to advance their professional skills and promise employers a steady supply of trained workers.
The county also combines a favorable tax structure with aggressively customized incentive offerings to offer new companies and existing industries a fiscally competitive environment in which to grow.
Destination Rutherford has proactively marketed these attractive attributes, along with the county’s ideal location
and desirable quality of life, to companies far and wide since 2003.
“It’s been very successful, and I think part of the reason it’s successful is that it’s made up of public participation, but it’s also made up of private participation,” says Holly Sears, vice president of economic development for the Rutherford County Chamber of Commerce. “You have both sides of the table talking to each other and communicating and developing goals and objectives to meet those goals.”
Since its inception, Destination Rutherford has resulted in more than 10,000 new direct jobs, according to Bill Jones, the initiative’s chair since 2007.
Respected companies including Nissan, State Farm, Ingram and General Mills are among the corporate citizens that call Rutherford County home. In 2007, Franke USA relocated its corporate headquarters to Smyrna, creating 180 jobs. The headquarters joined a facility that was already operational in La Vergne, and the company relocated two more divisions to Rutherford County in the following months.
Part of what makes Rutherford County’s economic development strategy so successful is the focus on building relationships with companies, not merely forcing them into one-size-fits-all incentive templates.
“We kind of look at it as a multilevel approach,” Sears says. “You recruit a company here, but you also need to maintain that relationship and make sure that they’re not only here, but that they’re doing well here and sustaining that relationship. You don’t just forget about them once they move here.”
Business Climate
innovative Rock Solid
4 R U T h E R f O R D C O U n T y E C O n O M i C g U i D E R C E C O n O M i C g U i D E . C O M 5 4 R U T h E R f O R D C O U n T y E C O n O M i C g U i D E
Turning Over a new LEAfNissan brings production of battery-powered hatchback to Smyrna
4 R U T h E R f O R D C O U n T y E C O n O M i C g U i D E R C E C O n O M i C g U i D E . C O M 5
Story by Pamela Coyle
nissan’s Smyrna factory is going electric, retooling to produce the zero-emissions LEAF hatchback and adding an
advanced battery plant to build the packs that power the car.
Production starts this year at an existing plant south of Tokyo and Smyrna will start rolling out the cars in 2012. Groundbreaking on the new battery plant took place in late spring 2010 with construction expected to start over the summer.
This is a big win for Rutherford County. Nissan received $1.4 billion in loans from the U.S. Department of Energy for the revamp, and, like all new Nissan lines, plants throughout the world bid on getting the project. The Smyrna plant will need
construction and maintenance workers to start, and when the battery plant is at capacity, it will have at least 1,000 workers.
“We like to build vehicles where they are sold, and we expect the U.S. to be a big market,” says Susan Brennan, vice president of manufacturing. “Any new model within Nissan is globally and competitively bid among the plants,
and within the company we’ve earned this program.”
Logistically, Smyrna is in a great spot.“It is good from a transportation
standpoint, with the interstates,” Brennan says. “We have a good supply base here and one of the most expensive pieces is transportation of parts in and vehicles out.”
Nissan began taking pre-orders over the Internet in April to gauge market interest. The LEAF will have a 100-mile range on a single charge, and its 600-pound battery pack fits under the f loor, better distributing weight and leaving more interior space, says Mark Swensen, vice president of production engineering.
Nissan formed a joint venture with NEC Corp. to design the lithium-ion battery, and
nissan LEAf production
2010 in Japan, 2012 in Smyrna
• Jobs: 1,300 in Smyrna
• Battery: 100,000 a year in Smyrna
• Range: 100 miles on a full charge
• Charging: 8 hours with a 220-volt plug
• Carbon footprint: Zero emissions, uses no gas
• Base price: $32,780, not including $7,500 tax credit
JEFF
Ad
kIN
S
Above: Nissan employee works on the production line at the plant in Smyrna.
engineers in Japan, the United Kingdom, France, Portugal and the United States are working as a team to improve this key component of the LEAF. Battery production begins in Smyrna in 2012, with 100,000 units a year to start. The Smyrna battery plant will run three shifts, seven days a week, and the modular design allows for production expansion to meet market needs, Swensen says.
“Capacity weight is important for vehicle performance and the range it provides is a hot topic,” Swensen says, adding that research shows 90 percent of drivers travel less than 100 miles a day. “Our (system) will tell you how much is left and where charging stations are in the community.”
LEAF customers will have the option to buy a home charging dock at an estimated cost of $2,200. Both the charging station and the car itself, with an initial base price of $32,780, are eligible for federal tax credits. The $7,500 vehicle credit brings the price down to about $25,000.
What’s Online Learn more about Rutherford County manufacturing success online at rceconomicguide.com.
6 R U T h E R f O R D C O U n T y E C O n O M i C g U i D E R C E C O n O M i C g U i D E . C O M 7 6 R U T h E R f O R D C O U n T y E C O n O M i C g U i D E
Same name, new placeMedical center provides new level of care
Story by Melanie Hill • Photography by Antony Boshier
health care just got a whole lot healthier in Rutherford County thanks to the new Middle Tennessee Medical Center. The 286-bed campus, located on Medical
Center Parkway just off I-24 in Murfreesboro’s Gateway Development, will welcome its first patient in October 2010. Situated on a 68-acre campus with scenic greenway access, the state-of-the-art facility is the result of more than a decade of planning.
“MTMC has been talking about building a new hospital since 1998,” says Gordon Ferguson, president and CEO of Middle Tennessee Medical Center. “Our strategic planning process indicated we needed to expand, but expanding in our current location was not in our best interest as we looked at it over the next 20- to 50-plus years.”
According to Ferguson, the $267 million project was a true community initiative. Working with the design team of Gresham Smith & Partners, project leaders solicited input from MTMC department heads and front line staff members, while also visiting other facilities.
“The design allows for growth, both upward and outward,” Ferguson says. “We created a design that could change based on the needs of Rutherford County.”
More than 2.8 million man-hours helped make the modern, 550,000-square-foot medical center a reality. The new facility includes 1,606 parking spots, greenway access with more than 9,000 trees and shrubs, and more than $30 million in medical equipment.
Measuring at a spacious 270 square feet, patient rooms in the new medical center nearly double those of the original hospital and were created to provide separate zones for the patient, family and caregiver. Visitors appreciate a family area with a convertible sofa bed and separate TV, while large windows with blackout shades
The new MTMC campus is in the heart of Murfreesboro’s Gateway development, a 400-acre site that includes Class A office space, proximity to major retail development and access to the city’s Stones River greenway system.
MTMC CAMpUS
allow for maximum natural light. In the hallways, smaller central nurses’ stations mean less noise, while nurse alcoves outside patient rooms allow caregivers faster, easier access to patients. Patient rooms also include windows with privacy blinds so staff can unobtrusively monitor patients.
“Overall, the hospital will be a much more quiet, efficient and healing environment,” Ferguson says.
A member of the St. Thomas Health Services’ regional health system, MTMC offers 60-plus service lines ranging from neurology and robotic surgery to women’s health and emergency care. Electrophysiology and palliative care services also will be available at MTMC’s new campus, while access to outpatient care is closer than ever with the DePaul Medical Office Building on site.
Plans still are under way for the original North Highland Avenue campus, which has welcomed patients since 1927. An advisory board of local business and community leaders has been tasked with identifying the most community-friendly use for the 13-acre site.
“Having a higher level of care provided here will prevent people from thinking they need to travel to Nashville for health care,” Ferguson says. “Not only will it improve the overall quality of life for the community and bring in new physicians, but a larger hospital will encourage more businesses to move to and stay in Rutherford County.”
Right: The new Middle Tennessee Medical Center
6 R U T h E R f O R D C O U n T y E C O n O M i C g U i D E R C E C O n O M i C g U i D E . C O M 7 R C E C O n O M i C g U i D E . C O M 7
8 R U T h E R f O R D C O U n T y E C O n O M i C g U i D E
Transportation
Superior transportation assets make county a distribution hub
W ith its access to major interstates and a network of highways that put it within a day’s drive of 75 percent of U.S. markets, Rutherford County
is a prime location for warehousing, distribution and logistics operations.
Interstate 24 cuts through the center of the county, providing a major link to markets in the Southeast and Midwest. The four-lane limited access highway State Route 840 provides a quick connection to east-west route I-40 and north-south route I-65.
More than 140 carriers and 150 terminals serve the region, offering trucks with refrigeration, tank and heavy hauling, hazardous waste and f latbed capabilities. Sixteen freight carriers serve Rutherford County directly, with 16 terminals in Smyrna, La Vergne and Murfreesboro.
CSX Transportation, the nation’s largest transportation and natural resources company, provides Tier I rail service to the county, with access to piggyback and container services located just a few miles away in Nashville. CSX’s rail system covers a major portion of the eastern United States and links 20 states.
The county is adjacent to Nashville and a short drive from Nashville International Airport, which offers 375 daily f lights to 74 cities and handles nearly 10 million passengers a year.
A major transportation asset for the county is the Smyrna/Rutherford County Airport Authority, which
offers a number of services for private aviation, more than 60 acres of ramp space, access to charter services and 22 hangars for commercial and corporate aircraft.
Since 1991, more than $22 million has been spent on infrastructure improvements at the airport, which is jointly owned by Smyrna and Rutherford County and governed by the Smyrna/Rutherford County Airport Authority.
The airport, which has 5,500-foot and 8,000-foot runways, is also home to a number of f light training operators. Operations for aircraft structural repair, avionics work, and airframe and power plant maintenance for single engine rotorcraft to large transport jets are also housed there. Facilities include a 15,000-square-foot terminal and business center with public access areas, a pilots lounge and scheduling area, weather center, Internet access locations and multi-use conference facilities.
Located on 1,700 acres, the airport is the third-largest of the state’s 78 general aviation airports and the busiest general aviation facility in Tennessee in terms of f light traffic. A key component of the airport is the 400-acre Smyrna Airport Business Park, which has nearly three dozen tenants that include aviation-related businesses, corporate headquarters and manufacturers. Tenants are able to take advantage of the airport’s proximity to major interstates and availability of sites that include direct runway access. One of the newer tenants is Franke Foodservice System, which built a $25 million headquarters and distribution operation at the park.
All the Right Moves
R C E C O n O M i C g U i D E . C O M 9
Energy/Technology
La Vergne’s Quality Industries diversifies into renewable energy
A La Vergne-based precision metal fabricator that’s won quality awards in the heavy truck
industry is now part of Tennessee’s growing solar power supply chain.
Quality Industries has teamed up with a California manufacturer of single-axis, photovoltaic solar power installations. RayTracker, based in Sacramento, makes solar arrays that follow the sun, boosting yields by up to 38 percent over fixed installations and using fewer modules.
The North Face Inc. distribution center in Visalia, Calif., has a 1.2-megawatt array. Other sites include installations for British Telecom mounted on carports at LAX, a wastewater treatment plant in Northern California, and a demonstration project at Johnson Manufacturing in Phoenix, Ariz.
The metal framing and supports are made in Rutherford County at Quality Industries’ 250,000-square-foot manufacturing facility. Expanding into solar structures was a natural fit for the company that opened in 1972.
Diversification is important for the company and its employees, says president and CEO Jeff Mayfield. “We are really trying to grow this. I would love for this to be a major part of our business,” Mayfield says.
The partnership hopes to get a big share of work at the West Tennessee
Shining Example
Story by Pamela Coyle • Photography by Antony Boshier
Solar Farm on a TVA megasite in Haywood County and is working on a related pilot project.
Heavy truck companies, including PACCAR, which makes trucks under Kenworth, Peterbilt and DAF brands, ramped up purchases in 2006 before new EPA rules took effect. That made 2006 Quality Industries’ biggest year. The company employed 750 people and made more than 200 truck cabins each day for Peterbilt alone, Mayfield says.
Combined with the truck industry’s cyclical nature, the recession hit the La Vergne manufacturer hard. Employment was down to 250 in
March 2010 and cabin production hit as low as 30 or 40 a day.
Quality Industries fabricates units with high-strength sheet steel and steel tubing 80 feet long, each with four, 20-foot sections, for the solar installations. The 80-foot main beams must meet strict industry standards for f latness and twist, says Terry Tidwell, Quality’s vice president.
The company’s quality record and its ability to handle everything from design to fabrication, assembly and painting attracted RayTracker’s attention, says president Matt Henderson. “We are very happy working with QI.”
Jerry hester assembles parts for a solar panel at Quality Industries, a precision
metal fabrication company in la Vergne.
10 R U T h E R f O R D C O U n T y E C O n O M i C g U i D E
Education
MTSU earns reputation as education powerhouse
Quite impressive for a centenarian.Middle Tennessee State
University, which turns 100 years old in September 2011, continues to be a higher education powerhouse and a key driver in the economic success of Rutherford County. MTSU has 900 faculty members and 25,000 students, and has the largest undergraduate enrollment in Tennessee.
MTSU offers 60 degree programs and is comprised of seven individual colleges – business, graduate studies,
honors, liberal arts, mass communications, education and behavioral science, and basic and applied science.
Of the 60 degree programs, officials say one of the most popular with students these days is a recording industry degree. The recording industry curriculum is divided into three concentrations – music business, commercial songwriting, and production and technology.
Among MTSU’s notable specialized
go, blue Raiders, go
Story by Kevin Litwin • Photography by Antony Boshier
www.murfreesborotn.gov/government/ water_sewer/water_sewer_index.htm
Water
Sanitary Sewer
Repurified Water
Stormwater
Murfreesboro Water and Sewer Department300 N.W. Broad St.
(615) 848-3209
Creating a better quality of life.
programs are an aerospace degree, with concentrations in professional pilot, administration, technology, f light dispatch and maintenance management; and a concrete industry management degree, which has high job placement rates.
“While we take seriously our role in preparing students for future careers and advanced scholarly pursuits, we also recognize that college is more than just classrooms and coursework,” says Dr. Sidney McPhee, MTSU president. “As such, we encourage students to participate in athletic and cultural events on campus as well as the more than 200 student organizations, which include everything from honor societies and service clubs to fraternities and sororities.”
with an enrollment of 25,000 students, Middle Tennessee State University is a major economic development asset in Rutherford County.
R C E C O n O M i C g U i D E . C O M 11
Health
Care defined by quality, new services and construction
T he economy may still be shuff ling along in many areas of the U.S., but when it comes
to health care in Rutherford County, construction and services are on a trajectory of immense growth.
In Murfreesboro, the physician-owned Murfreesboro Medical Clinic (MMC) recently opened a 78,000-square-foot facility on Garrison Drive, a location chosen in part because of its easy access to the interstate.
“As Murfreesboro has become more of a regional medical destination, that type of access for patients has become much more important,” says Joey Peay, MMC’s CEO.
Built close to the brand-new Middle Tennessee Medical Center, MMC’s three-story structure includes a surgery center, a comprehensive breast center, diagnostic and
laboratory services, and outpatient physical therapy. Other third-party tenants in the complex include a home health agency, a sleep laboratory and a prosthetics company.
But MMC, which includes 60 physicians spanning 19 specialties, isn’t done growing.
“Our plans are to add on to the building, probably another 125,000 feet or so, to be able to move all of our services that are currently on Highland Avenue (MMC’s original facility) over to the new location, as well as to give us capacity for future expansion,” he adds.
In addition to the fast-paced growth, the quality of health care in Rutherford County is also making news. StoneCrest Medical Center in Smyrna was named one of the nation’s Top 100 Hospitals for 2009 by Thomson Reuters, a nationally
recognized information company. More than 2,900 hospitals are evaluated in 10 areas each year for the national benchmark study, and Stonecrest joined the elite ranks of Nashville’s Vanderbilt University Medical Center and Baptist Hospital in the 2010 spotlight.
StoneCrest invested $14.6 million-plus in 2009 to add four surgical suites and 26 patient beds, bringing its inpatient bed capacity to 101. The facility’s growth has continuously exceeded projections since opening in 2003, including a nearly 10 percent increase in both outpatient surgery and patient admissions from 2008-09.
StoneCrest provides a variety of services, including emergency, cardiology and oncology services – which are part of the well-known Sarah Cannon Cancer Center network.
health-Care hub
Story by Susan Newell
12 R U T h E R f O R D C O U n T y E C O n O M i C g U i D E R C E C O n O M i C g U i D E . C O M 13
Smyrna
Where you belong
Contact Office of the Town Manager:(615) 459-2553
ww
w.sm
yrnagrowsgreen.com
15 miles to Nashville
Low property taxes
Available sites and buildings
10 parks and miles of Greenway paths/trails
World-class general aviation airport
Advanced medical facilities
Primary, secondary and post-secondary educational opportunities
Serving Rutherford County Since 1963
Contact: Richie Bolin, President952 New Salem Road
Murfreesboro, TN 37129(615) 893-2511
www.sandwcontracting.com
• Commercial/Industrial Wiring• Design/Build• Ball Park Lighting• Traf fic Signalization
Full Service:Commercial
ResidentialLand
Serving:Buyers Sellers
Developers
Murfreesboro – (615) 896-2RED (2733) Smyrna – (615) 220-2RED (2733)
www.RedSavesGreen.com
A Different Kind of Realty Company
12 R U T h E R f O R D C O U n T y E C O n O M i C g U i D E R C E C O n O M i C g U i D E . C O M 13
bUSinESS SnApShOTEvidenced by continuing and steady economic growth for more than a decade, the business climate in Rutherford County is one of the best in the nation. An excellent location along Interstate 24, low tax structure and competitive wages make Rutherford County a top location for corporate headquarters, manufacturing and distribution.
ECOnOMiC pROfiLE
What’s Online For more in-depth demographic, statistical and community information about Rutherford County, go to rceconomicguide.com and click on Demographics.
RUThERfORD COUnTy pOpULATiOn
2010 Population Estimate, 262,138 2000 Population, 182,023Percent change, 44.01%
MAjOR pOpULATiOn CEnTERS (2010)
Murfreesboro, 104,232 Smyrna, 38,073la Vergne, 31,249
MAjOR EMpLOyERS
Rutherford County Government 5,537Nissan, 4,400Middle Tennessee State University 2,151Ingram Book Co., 1,850State Farm Insurance Cos., 1,708V.A. Medical Center, 1,563Middle Tennessee Medical Center 1,300Asurion, 1,165Verizon wireless, 1,068City of Murfreesboro, 960General Mills/Pillsbury, 865Vi-Jon, 737
LAbOR fORCE
Civilian labor Force, 132,960 (April 2010)2000-2010 Growth, 30%Unemployment Rate (April 2010), 9.6%
hOUSing MARkET
Median home Value, $149,000Total housing Units, 97,772
AVERAgE fAMiLy hOUSEhOLD inCOME
Rutherford County, $70,681
Murfreesboro, $69,493
Smyrna, $66,129
la Vergne, $71,721
MAjOR inDUSTRy SECTORS
(Percentage of total workforce)
Accommodation and Food Services, 9.7%
Admin., Support, waste Mgmt., Remediation, 8.8%
Education Services, 8.4%
health Care and Social Assistance, 9.7%
Manufacturing (31-33), 19.3%
other, 22.0%
Retail Trade (44 & 45), 12.3%
Transportation and warehousing (48 & 49), 4.4%
wholesale Trade, 5.4%
(Third Quarter of 2009)
RETAiL SALES
2009: $4.49 billion
2008: $5.24 billion
2007: $4.48 billion
2006: $3.31 billion
2005: $2.93 billion
2004: $2.66 billion
COST Of LiVing COMpARiSOn
MURfREESbORO AnD SMyRnAComposite, 88.4Grocery Items, 94.1housing, 73.2Utilities, 82.9Transportation, 95.8health Care, 96.4 Misc. Goods & Services, 97.7
Source: ACCRA Cost of Living Index, First Quarter 2010 (Composite Index=100)
TRAVEL RELATED ExpEnDiTURES
Rutherford County 2008: $240,730,000(Source: U.S. Travel Data Center)
The following properties are available for lease and/or sale in Rutherford County. The listings are organized first by city (la Vergne, Murfreesboro or Smyrna) and then by type of listing (Industrial, land or office/Retail). The sites are presented in descending order of acres/square footage of available space; columns should be read down first, rather than left to right.
note: These listings were provided by the Rutherford County Chamber of Commerce and were considered correct at the time of publication (June 2010). however, due to the nature of real estate, the information and availability may change during the lifetime of this publication, and accuracy cannot be guaranteed. we suggest you contact the agent listed to verify or provide further information. Also, up-to-date information may be obtained by calling the Rutherford County Chamber of Commerce at (615) 869-0345.
MidSouth Logistics Center i(INdUSTRIAl)Square footage: 243,512 (divisible to 100,000)Lease: $3.35 psf NComments: Concrete tilt wall construction, 50’ x 50’ column spacing, 30’ clear height, ample trailer parking.Contact: John ward, Cassidy Turley, (615) 301-2834, [email protected]
LA VERgnE
Three Oaks industrial park phase ii(INdUSTRIAl)Square footage: 207,500Lease: $3.15 psf NComments: Building is divisible to 40,000 sq. ft., excellent central location between two interstate interchanges, convenient access to I-24, easy ingress/egress to park, front load building, 40’ x 50’ column spacing, T-5 lighting.Contact: doug howard, Cassidy Turley, (615) 301-2818, [email protected]
Centrepointe 7 Distribution park(INdUSTRIAl)Square footage: 197,400Lease: $3.35 psf NNNComments: New tilt up construction, 56 docks, 2 drive-in, 30’ ceiling height, office space build to suit, excellent access to I-24.Contact: Buist Richardson, Nashville Commercial | Cushman & wakefield, (615) 727-7400, [email protected]
Mason Road Distribution Center(INdUSTRIAl)Square footage: 186,493Lease: $3.05 psf NComments: 186,493 sq. ft. warehouse/distribution space, concrete tilt-up construction, 50’ x 50’ column spacing, painted white interior.Contact: John ward, Cassidy Turley, (615) 301-2834, [email protected]
Three Oaks industrial park phase i(INdUSTRIAl)Square footage: 143,168Lease: $3.40 psf NComments: Space is divisible to 33,781 sq. ft., excellent central location between two interstate interchanges, convenient access to I-24, high quality corporate image, excellent visibility, rear load building.Contact: doug howard, Cassidy Turley, (615) 301-2818, [email protected]
R C E C O n O M i C g U i D E . C O M 15
Site Guide
Centrepointe 1 Distribution park(INdUSTRIAl)Square footage: 86,037Lease: $3.35 psf NNNComments: Tilt up construction, 13 total docks, 8 with weather packages, levelers, 4 dock locks, 26’5” ceiling height, build-to-suit office, excellent access to I-24.Contact: Buist Richardson, Nashville Commercial | Cushman & wakefield, (615) 727-7400, [email protected]
285 Techpark Dr.(INdUSTRIAl)Square footage: 84,456Lease: $2.95 psf NNNprice: NegotiableComments: 8,000 sq. ft. office, 31’ clear height, 9 dock doors, 1 drive-in door, I-24 visibility, 50 x 60 columns, 200+ parking spaces.Contact: Bo Fulk, ProVenture, (615) 221-6650, [email protected]
Centrepointe 2 Distribution park(INdUSTRIAl)Square footage: 47,400Lease: $3.25 psf NNNComments: Tilt up construction, 4 docks, 1 drive-in, 26’5” ceiling height, 5,600 sq. ft. office space, excellent access to I-24.Contact: Buist Richardson, Nashville Commercial | Cushman & wakefield, (615) 727-7400, [email protected]
1260 heil Quaker blvd.(INdUSTRIAl)Square footage: 44,900Lease: $2.75 psf NNNComments: 4,625 sq. ft. office, 4 dock doors with 3 Eod levelers, 1 drive-in, zoned I-2, 22’ clear height, ample parking.Contact: Robert Stout, Charles hawkins Co., (615) 256-3189, [email protected]
interchange City Distribution Center 1(INdUSTRIAl)Square footage: 135,957Lease: NegotiableComments: 24’ clear height, 50’x 40’ column spacing, dock and grade level loading, 130’ truck court.Contact: Georgeann Rowe, Prologis Nashville, (615) 831-5911, [email protected]
1260-1270 heil Quaker blvd.(INdUSTRIAl)Square footage: 89,800Lease: $3.25 NNNComments: 10,000 sq. ft. office, entire building is 110,000 sq. ft., concrete floor, on 6.65 acres.Contact: Ronnie wenzler, Cassidy Turley, (615) 301-2803, [email protected]
16 R U T h E R f O R D C O U n T y E C O n O M i C g U i D E R C E C O n O M i C g U i D E . C O M 17
interchange City Distribution Center 18(INdUSTRIAl)Square footage: 24,480Lease: NegotiableComments: 1,065 sq. ft. office, 22’ clear height, 40’ x 40’ column spacing, 3 dock doors, 1 drive-in ramp, 110’ truck court.Contact: Georgeann Rowe, Prologis Nashville, (615) 831-5911, [email protected]
104 Armstrong Ct.(INdUSTRIAl)Square footage: 24,000Lease: $4.95 psf NComments: 4.75 acres fenced, paved yard area, 21’-27’ clear height, 1 dock door with 3 more available, 4 drive-in doors with a drive-thru bay available.Contact: Robert Stout, Charles hawkins Co., (615) 256-3189, [email protected]
1382 heil Quaker blvd.(INdUSTRIAl)Square footage: 28,437Lease: $4.95 psf Nprice: $1.395 MComments: 4.14 acres of extra land available – sold separately, 100% hVAC production facility, expandable, ample parking, 3 docks doors, 14’ clear height.Contact: Robert Stout, Charles hawkins Co., (615) 256-3189, [email protected]
315 Techpark Dr.(INdUSTRIAl)Square footage: 25,000-237,500Lease: $2.40 psf NNNprice: NegotiableComments: 5,640 sq. ft. office, 22.5’-26.5’ clear height, 50’ x 50’ column spacing, tilt wall construction, ESFR sprinkler, one 12’ x 14’ drive in ramp, 27 dock doors, 156 parking spaces expandable to 270.Contact: Bo Fulk, ProVenture, (615) 221-6650, [email protected]
305 Techpark Dr.(INdUSTRIAl)Square footage: 43,400Lease: $6.50 psf NNNprice: NegotiableComments: 35,000 sq. ft. office, 8’ clear height in warehouse, 3 dock doors, 1 drive-in door, easy access to I-24, excellent flex space, 227 parking spaces.Contact: Bo Fulk, ProVenture, (615) 221-6650, [email protected]
174 jefferson pike(INdUSTRIAl)Square footage: +/- 33,968Lease: CallComments: located in the Jefferson Pike Business Center, 1,968 sq. ft. office, 28’ eaves, 34’ center, 20 ton overhead bridge crane. Adjacent bay has the necessary footers to support another 20 ton bridge crane if needed.Contact: Terry C. Smith, Charter development Co., (615) 329-8000, [email protected]
16 R U T h E R f O R D C O U n T y E C O n O M i C g U i D E R C E C O n O M i C g U i D E . C O M 17
129 Wheeler St.(INdUSTRIAl)Square footage: +/- 17,375Lease: CallComments: Building is located in the la Vergne Business Park, 22’ eaves, 1,875 sq. ft. office, 100% central hVAC, 2 dock doors, 1 drive-in door.Contact: Terry C. Smith, Charter development Co., (615) 329-8000, [email protected]
290 Techpark Dr.(INdUSTRIAl)Square footage: 16,000-50,000Lease: CallComments: Build to suit, dock high rear loading, drive in door, 28’ clear height, parking for 80 cars, drive-in possible.Contact: Ben h. Goodwin, knestrick Properties llC, (615) 346-0290, [email protected]
310 Techpark Dr.(INdUSTRIAl)Square footage: 22,866-106,000Lease: $3.25 psf NNNprice: NegotiableComments: 14,348 sq. ft. office, 22.5’-26.5’ clear height, 30’x50’ column spacing, fourteen 8’x10’ loading docks, one 12’x14’ drive-in rampContact: Bo Fulk, ProVenture, (615) 221-6650, [email protected]
interchange City Distribution Center 20(INdUSTRIAl)Square footage: 24,000Lease: NegotiableComments: Two spaces available. 1277: 20’-22’ clear height, 40’ x 40’ column spacing, 3 dock doors, rear loading, 81’ truck court. 1280: 20’ clear height, 40’ x 40’ column spacing, 3 dock doors.Contact: Georgeann Rowe, Prologis Nashville, (615) 831-5911, [email protected]
Providing Service for Today • Building for the Future
Consolidated Utility distriCt
709 new salem Highway • Murfreesboro, tn 37129(615) 893-7225 • www.cudrc.com
Consolidated Utility District is the largest water utility in Tennessee with over 1,280 miles of water line and over 46,000 accounts.
To provide safe drinking water for all residential, industrial and governmental agencies.
Mission statement
18 R U T h E R f O R D C O U n T y E C O n O M i C g U i D E R C E C O n O M i C g U i D E . C O M 19
170 jefferson pike(INdUSTRIAl)Square footage: 4,800-9,600Lease: CallComments: New building in a very nice business park setting. Ideal for small to medium sized office/warehouse users needing space for light manufacturing, warehousing, distribution or service operations. Easy access to I-24!Contact: Terry C. Smith, Charter development Co., (615) 329-8000, [email protected]
Centrepointe Drive(lANd)Acreage: 133price: CallComments: This 260-acre warehouse/distribution park is strategically placed near the intersection of I-65, I-40 and I-24. CentrePointe currently has several prime distribution and retail sites. CentrePointe has the capacity for 3.5 million square feet of warehouse and distribution space.Contact: Buist Richardson, Nashville Commercial | Cushman & wakefield, (615) 727-7400, [email protected]
1109 Stones River Ct.(INdUSTRIAl)Square footage: 9,511Lease: CallComments: Excellent free-standing, single tenant industrial facility in a very nice industrial park setting, ideal for light manufacturing, warehousing, distribution or service operations.Contact: Terry C. Smith, Charter development Co., (615) 329-8000, [email protected]
1110 Stones River Ct.(INdUSTRIAl)Square footage: +/- 8,318Lease: CallComments: Excellent free-standing, single tenant industrial facility in a very nice industrial park setting, ideal for light manufacturing, warehousing, distribution or service operations.Contact: Terry C. Smith, Charter development Co., (615) 329-8000, [email protected]
325 industrial blvd.(INdUSTRIAl)Square footage: 15,750-31,500Lease: CallComments: will build to suit, one or two tenant building, 150’ x 225’, 8 docks, one drive-in possible, 24’ clear height, outstanding exposure to I-24.Contact: Ben h. Goodwin, knestrick Properties llC, (615) 346-0290, [email protected]
1118 Stones River Ct.(INdUSTRIAl)Square footage: 10,891Lease: CallComments: Excellent free-standing, single tenant industrial facility in a very nice industrial park setting, ideal for light manufacturing, warehousing, distribution or service operations.Contact: Terry C. Smith, Charter development Co., (615) 329-8000, [email protected]
18 R U T h E R f O R D C O U n T y E C O n O M i C g U i D E R C E C O n O M i C g U i D E . C O M 19
480 Mason Rd.(lANd)Acreage: 5price: $490,000Comments: Zoned I-2, 480’ of frontage on Mason Road, site is approved for a 37,000 sq. ft. office/warehouse facility.Contact: Robert Stout, Charles hawkins Co., (615) 256-3189, [email protected]
parthenon pkwy.(lANd)Acreage: 2.53price: $1.525 MComments: Great commercial development site.Contact: Robert Stout, Charles hawkins Co., (615) 256-3189, [email protected]
highway 41 & Murfreesboro Road(lANd)Acreage: 10.96price: CallComments: Six lots available, +/- 0.8 to +/- 10.96 acre lots available, call for acreage and pricing.Contact: Steven dotson, Red Realty, (615) 896-1400, [email protected]
Centrepointe Distribution Center Land(lANd)Acreage: 10.68price: $6.00 psfComments: Great for retail or industrial development, zoned C-2 , I-24 visibility, easy access off of waldron Road, all utilities available to site.Contact: david McGahren, Cassidy Turley, (615) 301-2810, [email protected]
i-24 & Waldron Rd.(lANd)Acreage: 90price: CallComments: Property is being graded, I-24 frontage, will grade to suit.Contact: Randy wolcott, ProVenture, (615) 376-3248, [email protected]
Three Oaks industrial park phase iii(lANd)Acreage: 17price: $150,000 per acreComments: Pad ready, zoned I-2 Industrial, well suited for warehouse, distribution or light manufacturing, ability to build up to a 300,000 sq. ft. distribution center, part of master planned distribution park, site located one mile from two interstate interchanges, utilities on site.Contact: doug howard, Cassidy Turley, (615) 301-2818, [email protected]
20 R U T h E R f O R D C O U n T y E C O n O M i C g U i D E R C E C O n O M i C g U i D E . C O M 21
brunswick property(INdUSTRIAl)Square footage: +/- 175,000price: $1.1 MComments: +/- 8,952 sq. ft. office, +/- 12’-18’ clear height, 6 dock doors, 14 grade level doors, +/- 26 acres, easy access to I-24 and SR-840.Contact: don kent, CB Richard Ellis, (615) 248-1108, [email protected]
Elam farms(INdUSTRIAl)Square footage: 144,250Lease: $2.75 psf NNNComments: Move-in-ready for a Tier-1 automotive-type supplier, outside storage on a concrete pad, less then 1/2 mile to I-24, 12 miles to Nissan’s Smyrna, TN Plant.Contact: Jeffrey Thomas, Grubb & Ellis|Centennial Inc., (615) 234-4916, [email protected]
1209 park Ave.(INdUSTRIAl)Square footage: 223,000Lease: $3.25 psfprice: $9.315 MComments: Approximately 41,000, 81,000 or 101,000 sq. ft. available separately or 223,000 total sq. ft. Railroad access near highway 231, I-24 and downtown Murfreesboro.Contact: leasing/Sales department, Swanson Companies, (615) 896-0000, [email protected]
Elam farms i(INdUSTRIAl)Square footage: 219,000Lease: $3.45 psfComments: Easy access to I-24 via Joe B. Jackson Parkway, 32’ clear height, 50’ x 50’ column spacing, up to 39 dock doors, up to 2 drive-in doors, entire building is 363, 500 sq. ft..Contact: Steve Preston, CB Richard Ellis, (615) 248-1114, [email protected]
MURfREESbORO
Madison Square plaza ii(oFFICE/RETAIl)Square footage: Up to 14,400Lease: $17.50 psfComments: Pre-leasing, newest retail shopping center in la Vergne, located next to new kroger anchored center, ideal for hair salon, restaurant, gym, dry cleaner, etc.Contact: John harney, The Parks Group, (615) 896-4045, [email protected]
jackson Square(oFFICE/RETAIl)Square footage: 1,067-2,800Lease: $14.50 psfComments: Georgian style office complex, 3 suites available, space is ideal for upscale individual offices or suitable for cubicle space, tenant pays all utilities.Contact: John harney, The Parks Group, (615) 896-4045, [email protected]
20 R U T h E R f O R D C O U n T y E C O n O M i C g U i D E R C E C O n O M i C g U i D E . C O M 21
Elam farms ii(INdUSTRIAl)Square footage: 88,000Lease: $3.45 psfComments: Easy access to I-24 via Joe B. Jackson Parkway, 32’ clear height, 50’ x 50’ column spacing, up to 15 dock doors, up to 2 drive-in doors, entire building is 363,000 sq. ft..Contact: Steve Preston, CB Richard Ellis, (615) 248-1114, [email protected]
920 Esther Lane(INdUSTRIAl)Square footage: 22,500Lease: $8.00 psfprice: $1.7 MComments: Attractive brick front with fenced in side and rear. This building is conveniently located in an industrial park fronting on I-24.Contact: leasing/Sales department, Swanson Companies, (615) 896-0000, [email protected]’re proud to be in
Rutherford County.
www.generalmills.com
For over 30 years, our success has been built upon our employees’commitment to producing brands that consumers trust and value.
22 R U T h E R f O R D C O U n T y E C O n O M i C g U i D E R C E C O n O M i C g U i D E . C O M 23
Molloy Lane(lANd)Acreage: 163.04price: $15.05 MComments: The new I-24 exit at highway 99 (Salem highway) gives excellent access to the site, which is between two interchanges.Contact: leasing/Sales department, Swanson Companies, (615) 896-0000, [email protected]
Lasseter Land(lANd)Acreage: 139.72price: $40,000 per acreComments: Ideal for industrial development, flat topography, over 1 mile of frontage on I-24, currently zoned agricultural, 8 billboard locations on site.Contact: John ward, Cassidy Turley, (615) 301-2834, [email protected]
Rucker Road(lANd)Acreage: +/- 200price: $5.98 MComments: Near Murfreesboro city limits, 2,000’ of frontage on Rucker Road, one-half mile from highway 231, water and sewer nearby.Contact: John Goodman, Red Realty, (615) 573-7000, [email protected]
Victory Station(lANd)Acreage: 169price: CallComments: This acreage is part of Victory Station’s 250 acre PUd and consist of live/work, townhomes, commercial, health services, retail, restaurant and multi-family. located near the Blackman school campus.Contact: leasing/Sales department, Swanson Companies, (615) 896-0000, [email protected]
1222 park Ave.(INdUSTRIAl)Square footage: 19,300Lease: $8.50 psfprice: $2.736 MComments: This building is located in the industrial park on Park Avenue in Murfreesboro, TN. Building is 29,200 sq. ft.Contact: leasing/Sales department, Swanson Companies, (615) 896-0000, [email protected]
412 golden bear Ct.(INdUSTRIAl)Square footage: 5,155Lease: $10.00 psf GComments: 655 sq. ft. office, class A flex space, build-to-suit office, excellent interstate access.Contact: Bo Fulk, ProVenture, (615) 221-6650, [email protected]
22 R U T h E R f O R D C O U n T y E C O n O M i C g U i D E R C E C O n O M i C g U i D E . C O M 23
Murfreesboro gateway(lANd)Acreage: 60price: CallComments: 400-acre mixed use complex owned by the city, strategically located adjacent to I-24 via the Medical Center Parkway interchange. A unique development ideal for corporate headquarters, R&d centers and class A office space.Contact: holly E. Sears, Rutherford County Chamber of Commerce, (615) 869-0345, [email protected]
SR-840 & Almaville Rd.(lANd)Acreage: +/- 44price: $3.6 MComments: Zoned farm, southeast Corner of Shores Road & Almaville Road, electricity to site.Contact: Joe Schrott, NAI Nashville, (615) 850-2728, [email protected]
Elam farms Land(lANd)Acreage: 100price: $9.5 MComments: Approximately 1,400’ x 1,500’, zoned light industrial, easy access to I-24.Contact: Steve Preston, CB Richard Ellis, (615) 248-1114, [email protected]
Manson pike Crossing(lANd)Acreage: 65price: NegotiableComments: located along the I-24 interchange at Manson Pike and Medical Center Parkway. The Avenue, MTMC, Embassy Suites hotel and significant residential growth all draw traffic to/from this new interchange.Contact: Charles A. waite, Puckett Creek Station llP, (904) 607-5351, [email protected]
Corporate Woods(lANd)Acreage: 138price: $95,000 per acreComments: All utilities to site, this 138 acre business park is zoned hI which includes commercials uses, includes 3,200 sq. ft. of frontage on I-24.Contact: John harney, The Parks Group, (615) 896-4045, [email protected]
SR-840, beasley Road & burnt knob Road(lANd)Acreage: +/- 123price: $13.038 MComments: lot 1: +/- 120 acres, high visibility from SR-840, road frontage on Beesley Road, Vaughan Road and Burnt knob Road, one parcel from new SR-840 interchange; lot 2: +/-3 acres, triangle parcel on opposite side of SR-840.Contact: Steven dotson, Red Realty, (615) 896-1400, [email protected]
24 R U T h E R f O R D C O U n T y E C O n O M i C g U i D E R C E C O n O M i C g U i D E . C O M 25
Memorial blvd.(lANd)Acreage: +/- 29.37price: $7.175 MComments: Currently zoned oGR and RS-15, possible rezoning for other uses. Great location on Memorial Boulevard near Thompson laneContact: John harney, The Parks Group, (615) 896-4045, [email protected]
Manson pike at fortress blvd.(lANd)Acreage: 25price: CallComments: divisible from 1-10 acres, located at I-24 and exit 76, prime commercial location with interstate visibility, easy access to Medical Center Parkway and The Avenue.Contact: John harney, The Parks Group, (615) 896-4045, [email protected]
RiverWatch(lANd)Acreage: 41.74price: $7.99 MComments: Great location at the new I-24 interchange at New Salem highway at warrior drive, excellent parcel located at lighted corner, divisible.Contact: John harney, The Parks Group, (615) 896-4045, [email protected]
highway 70/john bragg highway(lANd)Acreage: 34price: $7 MComments: one mile from MTSU, near high traffic corner of Rutherford Boulevard and highway 70, great multi-family site.Contact: Steven dotson, Red Realty, (615) 896-1400, [email protected]
beesley Road Land(lANd)Acreage: 43price: $5.16 MComments: Both sides of Beesley Road on the north side of the Veterans Parkway SR-840 interchange.Contact: les white, The Parks Group, (615) 896-4045, [email protected]
beesley Road at SR-840(lANd)Acreage: 42price: $120,000 per acreComments: Prime commercial site, flat topography, great access and visibility from SR-840 at the new Beesley Road interchange.Contact: Robert Stout, Charles hawkins Co., (615) 256-3189, [email protected]
24 R U T h E R f O R D C O U n T y E C O n O M i C g U i D E R C E C O n O M i C g U i D E . C O M 25
Wilkerson Crossroads(lANd)Acreage: +/- 18.5price: CallComments: lot 1: +/- 15.5 acres, lot 2: +/- 1.5 acres, lot 3: +/- 1.5 acres. lot 1 can be subdivided with suitable plant, and seller is flexible on lot lines of lot 3.Contact: Jonathon Jones, Red Realty, (615) 533-2115, [email protected]
Cason Square(lANd)Acreage: 12.07price: CallComments: land may be split into smaller tracts. located off I-24 and Cason lane, from I-24 exit 78, left at Cason lane, turn left at Rideout lane (next to Captain d’s). Property in Expanding Business Area! Currently surrounded by retail shops, a movie theater and medical offices.Contact: logan hickerson, SEC Inc., (615) 330-6122, [email protected]
Programs available
1303 old Fort Parkway | murFreesboro, tN 37129(615) 898-8010 | www.ttcmurFreesboro.edu
| Automotive Technology
| Biomedical Technology
| Business Systems Technology
| Computer Information Technology
| Dental Assisting
| Drafting & CAD Technology
| Heating, Air-Conditioning & Refrigeration
| Industrial Electrical Maintenance
| Machine Tool Technology
| Pharmacy Technician
| Phlebotomy
| Practical Nursing
| Surgical Technology
training offered during the day, evening, online and specialized industry training.
26 R U T h E R f O R D C O U n T y E C O n O M i C g U i D E R C E C O n O M i C g U i D E . C O M 27
northfield boulevard & Sulfur Springs Road(lANd)Acreage: +/- 2.5 & +/- 2.15price: lot 1: $1.59 M & lot 2: $990,000Comments: Two lots available, lot 1: +/- 2.5 acres, lot 2: +/- 2.15 acres, commercial corner.Contact: Jonathon Jones, Red Realty, (615) 533-2115, [email protected]
Church Street Lot #1& # 2(lANd)Acreage: 1.1 & 8price: lot 1: $850,000 (Negotiable) & lot 2: $1.2 M (Negotiable)Comments: Great for medical, dental or office use. Could also be self-storage or senior living site. Convenient location and great visibility.Contact: Elizabeth davidson, holRoB, (615) 279-3770, [email protected]
Westgate(lANd)Acreage: 4price: CallComments: Very convenient to I-24! directly off interstate. Great spot for any commercial venture. Easy signaled access to South Church Street at exit 81.Contact: logan hickerson, SEC Inc., (615) 330-6122, [email protected]
Old fort parkway & highway 96(lANd)Acreage: +/- 3.8 & +/- 5price: +/- 3.8 acre price: $1.8 M & +/- 5 acre price: $2.395 MComments: +/- 3.8 acre lot: 242’ frontage x 650’ left line, will sell corner for $20 psf; +/- 5 acre lot with 370’ frontage x 600’ sideline.Contact: Steven dotson, Red Realty, (615) 896-1400, [email protected]
Waterstone Office park Lots(lANd)Acreage: 11price: CallComments: located in the Gateway across from the new MTMC. Several sites available for Class A medical office buildings and there is also a 1.92 acre site is designate for a fine dining restaurant.Contact: John harney, The Parks Group, (615) 896-4045, [email protected]
i-24 & joe b. jackson pkwy.(lANd)Acreage: 10.86price: CallComments: Full I-24 exposure and access from Joe B. Jackson exit, will divide to suit, for sale, lease or build-to-suit, all utilities available.Contact: Bobby kirby, Investment Partners llC, (931) 607-8770, [email protected]
26 R U T h E R f O R D C O U n T y E C O n O M i C g U i D E R C E C O n O M i C g U i D E . C O M 27
Shoppes At Middle Tennessee(oFFICE/RETAIl)Square footage: 48,000Lease: $14.00-$16.00 psfprice: $5.765 MComments: This building has a total of 72,429 square feet plus two developments parcels. This building is located on a five lane street between MTSU and Interstate 24.Contact: leasing/Sales department, Swanson Companies, (615) 896-0000, [email protected]
The Offices at gateway(oFFICE/RETAIl)Square footage: 25,000-250,000Lease: CallComments: located adjacent to I-24 via the new Medical Center Parkway interchange. The plan offers ideal locations for corporate headquarters, R&d centers, support campuses, class A office space and other similar developments. For more information please visit www.gatewaytn.com.Contact: Richard Fleming, Nashville Commercial | Cushman & wakefield, (615) 727-7400, [email protected]
The Avenue Murfreesboro(oFFICE/RETAIl)Square footage: 143,000Lease: CallComments: Min. divisible 1,400 sq. ft.; max divisible 8,000 sq. ft. Major tenants: Belk, Barnes & Noble, old Navy, Best Buy, dick’s Sporting Goods, Ann Taylor loft, white house Black Market, Express & Jared Galleria of Jewelry.Contact: Vince o’Toole, Cousins Properties Inc., (972) 432-3611, [email protected]
Stone gate Corporate Ct iV(oFFICE/RETAIl)Square footage: Up to 50,000Lease: $24.00 psfComments: Now pre-leasing new class A office located in the Gateway office Park, excellent corporate hQ location, minutes from the new exit 76 at I-24.Contact: John harney, The Parks Group, (615) 896-4045, [email protected]
Middle Tennessee Medical Center (Existing Campus)(oFFICE/RETAIl)Square footage: 552,000 in 5 buildingsprice: NegotiableComments: Existing hospital and medical facility of approximately 18 acres. 4 blocks from downtown Murfreesboro and 4 blocks from MTSU. All buildings updated to current usage needs. Excellent opportunity for redevelopment.Contact: J.T. Martin, Southeast Venture, (615) 250-8669, [email protected]
The gateway Village(oFFICE/RETAIl)Square footage: 150,000Lease: $26.50 psfprice: CallComments: The Gateway Village is Murfreesboro’s newest mixed use lifestyle center. lEEd certified, office, retail, restaurant and residential.Contact: leasing/Sales department, Swanson Companies, (615) 896-0000, [email protected]
28 R U T h E R f O R D C O U n T y E C O n O M i C g U i D E R C E C O n O M i C g U i D E . C O M 29
Waterstone business Centre(oFFICE/RETAIl)Square footage: Up to 8,000Lease: CallComments: Class A office condo units for sale, located in the prominent Gateway office district across from the new MTMC scheduled to open in 2010.Contact: John harney, The Parks Group, (615) 896-4045, [email protected]
109 n. Maple St.(oFFICE/RETAIl)Square footage: 7,280price: $1.25 MComments: Fully renovated, hardwood floors, kitchen, private office or loft apartment, 25’ x 177’ lot size. 2nd story office (3,600 sq. ft.) available for lease at $12.00 psf MG.Contact: Robert Stout, Charles hawkins Co., (615) 256-3189, [email protected]
providence pointe Center(oFFICE/RETAIl)Square footage: 8,500Lease: $12.50 psfprice: $2.55 MComments: This property is located less than one mile form MTSU’s campus and consists of 8,500 sq. ft. of retail, 84 mini storage units and a 6 bay car wash.Contact: leasing/Sales department, Swanson Companies, (615) 896-0000, [email protected]
broadmor business Center(oFFICE/RETAIl)Square footage: +/- 8,000Lease: $15.00 psfComments: Great central location in Murfreesboro, near restaurants, shopping, etc., ample parking, modified gross rate, tenant to pay utilities and janitorial.Contact: John harney, The Parks Group, (615) 896-4045, [email protected]
Rutherford Crossing(oFFICE/RETAIl)Square footage: 10,485Lease: CallComments: Min. divisible 1,400 sq. ft. New kroger anchored retail center 2 miles from MTSU. Available now!Contact: kay o. Berry, Vision Real Estate llC, (615) 467-3788, Ext. 12, [email protected]
innsbrooke Towne Square(oFFICE/RETAIl)Square footage: 9,800Lease: CallComments: Min. divisible 1,400 sq. ft. kroger anchored center. landlord contributions available.Contact: david Mcdowell, Vision Real Estate llC, (615) 467-3788, Ext. 44, [email protected]
28 R U T h E R f O R D C O U n T y E C O n O M i C g U i D E R C E C O n O M i C g U i D E . C O M 29
The Memorial Shops(oFFICE/RETAIl)Square footage: 1,600-2,400Lease: $19.00 psf NNNComments: Class A retail center across the street from State Farm and down the street from the busy intersection of Thompson lane and Memorial Boulevard great traffic counts and demographics.Contact: Elizabeth davidson, holRoB, (615) 279-3770, [email protected]
first place Office building(oFFICE/RETAIl)Square footage: 1,500-14,000Lease: $18.50 psf FSGComments: Immediate occupancy, owner will provide build-out with 5 year lease, central Murfreesboro location, dual access roads, general or medical office space.Contact: Bobby kirby, Investment Partners llC, (931) 607-8770, [email protected]
900 Captain joe fulghum Dr.(oFFICE/RETAIl)Square footage: 3,800-7,600Lease: $9.95 psf NComments: office space can be divided, 2 story, new space, ample parking.Contact: Robert Stout, Charles hawkins Co., (615) 256-3189, [email protected]
Consumers insurance building(oFFICE/RETAIl)Square footage: 2,225 on 1st floorLease: $18.00 psf N of janitorialComments: Class A office space, located across the street from the new MTMC, immediate occupancy.Contact: Chad Poff, NAI Nashville, (615) 850-2707, [email protected]
239 john R. Rice blvd.(oFFICE/RETAIl)Square footage: +/- 6,500Lease: CallComments: 10,000 sq. ft. professional office building, up to 6,500 sq. ft available for lease, will divide to suit tenant. Conveniently located adjacent to I-24 just past Sam’s Club.Contact: Bobby kirby, Investment Partners llC, (931) 607-8770, [email protected]
1935 S. Church Street(oFFICE/RETAIl)Square footage: +/- 5,000Lease: $6,000 per monthComments: Former location of The Parthenon restaurant. Conveniently situated on highway 231 (South Church Street) near the I-24 interchange, +/- 29,000 cars per day.Contact: John harney, The Parks Group, (615) 896-4045, [email protected]
30 R U T h E R f O R D C O U n T y E C O n O M i C g U i D E R C E C O n O M i C g U i D E . C O M 31
St. Charles Square(oFFICE/RETAIl)Square footage: 1,325-3,152Lease: CallComments: located near highway 96 with easy access to I-24, 7 suites available.Contact: Charlie warfield, Brookside Properties Inc., (615) 352-3300, [email protected]
The Shops of Murfreesboro(oFFICE/RETAIl)Square footage: 1,400-2,000Lease: $23.00 psf NNNComments: Class A retail space anchored by The Chop house and Bonefish Grill. located at the corner of Thompson lane and Medical Center Parkway in a high traffic retail area. A range of sizes will accommodate almost any need!Contact: Elizabeth davidson, holRoB, (615) 279-3770, [email protected]
Waterstone Office park(oFFICE/RETAIl)Square footage: 1,500-30,000Lease: Callprice: CallComments: Class A general office and medical use, located in the prominent Gateway office district overlooking the new Gateway lake & Park, across from the new MTMC scheduled to open 2010.Contact: John harney, The Parks Group, (615) 896-4045, [email protected]
30 R U T h E R f O R D C O U n T y E C O n O M i C g U i D E R C E C O n O M i C g U i D E . C O M 31
700 Swan Drive(INdUSTRIAl)Square footage: 122,175Lease: $2.95 psf Nprice: $3.795 MComments: Entire building has 6,000 sq. ft. of office, 21 dock doors (generally canopied), 3 drive-in doors, 5.3 acres, 80 parking spaces and 245’ truck court, wet sprinkler, divisible to 25,000 sq. ft.Contact: Robert Stout, Charles hawkins Co., (615) 256-3189, [email protected]
801 Swan Rd.(INdUSTRIAl)Square footage: 45,000Lease: $2.95 psf NComments: Build-to-suit office, tilt-up concrete, 350’ x 605’ building dimension, 50’ x 50’ column spacing.Contact: John ward, Cassidy Turley, (615) 301-2834, [email protected]
Southpark Distribution Center, building f(INdUSTRIAl)Square footage: 500,000Lease: $3.05 psf NComments: Class A bulk warehouse available, 12,940 sq. ft. office, cross docked facility with 360 degree truck access around entire building, 32’ clear height, ESFR sprinkler system, metal halide lighting, 212 parking spaces.Contact: david McGahren, Cassidy Turley, (615) 301-2810, [email protected]
611 Enon Springs Rd.(INdUSTRIAl)Square footage: 129,493Lease: $3.25 psfprice: $4.532 MComments: Manufacturing/warehouse building which features 26 docks, 2 drive ins, working compactor and air lines throughout. located across Gate 6 of the Nissan Plant.Contact: leasing/Sales department, Swanson Companies, (615) 896-0000, [email protected]
SMyRnA
Shoppes at the Village(oFFICE/RETAIl)Square footage: 1,200Lease: $20.00 psf base rent, $3.00 psf CAMComments: Available for retail, office or restaurant use, current tenants include Cricket wireless, Strong Body Vitamin, U.S. Census Bureau and FastSigns.Contact: Bobby kirby, Investment Partners llC, (931) 607-8770, [email protected]
Shoppes of South Rutherford(oFFICE/RETAIl)Square footage: 1,200-2,400Lease: $16.00 psf base rent, $2.50 psf CAM, 5-year lease termComments: located at South Rutherford Boulevard and John Bragg highway, close to MTSU campus and large apartment complexes, across from wal-Mart Super Center.Contact: Bobby kirby, Investment Partners llC, (931) 607-8770, [email protected]
32 R U T h E R f O R D C O U n T y E C O n O M i C g U i D E R C E C O n O M i C g U i D E . C O M 33
Almaville plaza(lANd)Acreage: 22price: CallComments: Site ready, all utilities, approved for retail, grocery and medical, less than 1/2 mile from I-24 exit 70, traffic light planned for future development.Contact: Nicki Fain, Alliant Commercial Realty Services, (615) 594-1320, [email protected]
Threet industrial blvd.(lANd)Acreage: 21price: $179,000 per acreComments: All utilities on site, will divide, adjacent to Smyrna Airport, 2 miles to I-24, 2 miles to Nissan Plant, zoned industrial.Contact: Robert Stout, Charles hawkins Co., (615) 256-3189, [email protected]
i-24 & Almaville Rd.(lANd)Acreage: 57price: $1.9 MComments: Excellent industrial development site, all utilities available, zoned industrial.Contact: Robert Stout, Charles hawkins Co., (615) 256-3189, [email protected]
Stonecrest blvd.(lANd)Acreage: +/- 27price: CallComments: Prime Commercial property with approximately 1,400 ft. of frontage on I-24. Adjacent to Stonecrest hospital. All utilities are available.Contact: les white, The Parks Group, (615) 896-4045, [email protected]
200 Weakley Lane(INdUSTRIAl)Square footage: 30,000price: $2 M (owner Financing Available)Comments: Terrific investment or user opportunity with 4 existing leases in place, only 9,000 sq. ft. remains available, property has 3 dock doors, 16’-18’ clear heights, located on 2.9 acres and zoned IR.Contact: Robert Stout, Charles hawkins Co., (615) 256-3189, [email protected]
Smyrna Airport business park(lANd)Acreage: 450Lease: Negotiable, long term lease availableComments: Airfield access, interstate access, master planned Class A business park.Contact: John Black, Smyrna/Rutherford County Airport Authority, (615) 459-2651, [email protected]
32 R U T h E R f O R D C O U n T y E C O n O M i C g U i D E R C E C O n O M i C g U i D E . C O M 33
Retail Sites at The Verandas(lANd)Acreage: Variesprice: CallComments: Great commercial hotel/retail sites adjacent to luxury apartment complex. located near the I-24 interchange at Sam Ridely Parkway just past Expo Center drive.Contact: John harney, The Parks Group, (615) 896-4045, [email protected]
291 Sam Ridley pkwy.(oFFICE/RETAIl)Square footage: 40,000Lease: $13.95 psfComments: Suites from 1,600-6,000 sq. ft. available on 3.64 acres, sprinklered, near Nissan at the corner of Sam Ridley & weakley lane.Contact: Robert Stout, Charles hawkins Co., (615) 256-3189, [email protected]
Smyrna industrial park Land(lANd)Acreage: 8.41price: $217,000 per acreComments: Aviation Parkway at Murfreesboro Road, adjacent to Smyrna Airport.Contact: John ward, Cassidy Turley, (615) 301-2834, [email protected]
13728 Old nashville hwy.(lANd)Acreage: 8.21price: $1.1 MComments: Parcel Number: 028-105.00, primary use is commercial, zoned for office or residential.Contact: Ronnie wenzler, Colliers Turley Martin Tucker, (615) 301-2803, [email protected]
Enon Springs Road(lANd)Acreage: 20price: $90,000 per acreComments: Topography: level; Zoning: I-2; Access: 5 miles to I-24, Almaville Road; Utilities: Gas, water, sewer and electric.Contact: Buist Richardson, Nashville Commercial | Cushman & wakefield, (615) 727-7400, [email protected]
Seven Oaks Commercial(lANd)Acreage: 15price: CallComments: Zoned C-2, great location for retail center near the I-24 & Almaville Road interchange.Contact: John harney, The Parks Group, (615) 896-4045, [email protected]
34 R U T h E R f O R D C O U n T y E C O n O M i C g U i D E R C E C O n O M i C g U i D E . C O M 35
Weakley plaza(oFFICE/RETAIl)Square footage: 1,500-3,000Lease: CallComments: Up to 3,000 sq. ft. office/warehouse & retail available, water, taxes and insurance included in rent, 20 drive-in doorsContact: Robby davis, Cassidy Turley, (615) 301-2920, [email protected]
Old nashville Crossing(oFFICE/RETAIl)Square footage: 1,400-2,100Lease: $18.00 NNNComments: Class A retail center anchored by kroger, excellent location, visibility, parking and tenant mix.Contact: Jody Elder, Nashville Commercial | Cushman & wakefield, (615) 727-7400, [email protected]
Seven Oaks business Center(oFFICE/RETAIl)Square footage: 12,000price: $1.775 MComments: 10,00 sq. ft. leased to Standex Corp. on a long term net lease, 2,000 sq. ft. leased to local tenant. New construction.Contact: les white, The Parks Group, (615) 896-4045, [email protected]
721 president place(oFFICE/RETAIl)Square footage: 1,854price: $360,000Comments: Ideal for retail, restaurant or office spaceContact: James yates, Red Realty, (615) 220-2733, [email protected]
Almaville plaza(oFFICE/RETAIl)Square footage: 21,756Lease: CallComments: Planned grocery-anchored, mixed use, retail development.Contact: Nicki Fain, Alliant Commercial Realty Services, (615) 594-1320, [email protected]
Smyrna physicians pavilion(oFFICE/RETAIl)Square footage: 1st floor, 2,415 ; 2nd floor, 18,935Lease: $18.50 psfComments: Prime medical, class A office location, easy access to I-24, directly across the street from StoneCrest Medical Center.Contact: John harney, The Parks Group, (615) 896-4045, [email protected]
34 R U T h E R f O R D C O U n T y E C O n O M i C g U i D E R C E C O n O M i C g U i D E . C O M 35
Smyrna gallery Shops(oFFICE/RETAIl)Square footage: 1,400Lease: $21.00 psf NNNComments: New Class A retail center dIRECTly across from the Nissan plant! Excellent visibility, would make a great location for any kind of retail use including restaurant as well as medical, dental or office use.Contact: Elizabeth davidson, holRoB, (615) 279-3770, [email protected]
Ross Creek(oFFICE/RETAIl)Square footage: 1,300Lease: $22.00 psf NNNComments: Conveniently located in between krispy kreme and Buffalo wild wings with good access and the best visibility on Sam Ridley. Small suite would make a great nail salon, dry cleaner, cell phone use or other small retailer.Contact: Elizabeth davidson, holRoB, (615) 279-3770, [email protected]
visit ouradvertisersAscend Federal Credit Union www.ascendfcu.orgCity of La Vergnewww.lavergne.orgConsolidated Utility Districtwww.cudrc.comGeneral Mills Inc.www.generalmills.comMiddle Tennessee Electric Corporationwww.mtemc.comMurfreesboro Electric Departmentwww.murfreesboroelectric.comMurfreesboro Water & Sewer Departmentwww.murfreesborotn.gov/government/water_sewer/water_sewer_index.htmNeel-Schaffer www.neel-schaffer.comRed Realtywww.redsavesgreen.com
Rutherford Countywww.rutherfordcountytn.gov
Rutherford County Chamber of Commercewww.rutherfordchamber.org/ed
S&W Electrical Contractingwww.sandwcontracting.com
SEC Inc.www.sec-civil.com
Smyrna/Rutherford County Airport Authoritywww.smyrnaairport.com
T&T Distribution Staffingwww.tandtdistribution.com
Tennessee Technology Centerwww.ttcmurfreesboro.edu
The Avenue Murfreesborowww.shoptheavenue.com
Town of Smyrnawww.townofsmyrna.org
36 R U T h E R f O R D C O U n T y E C O n O M i C g U i D E
R C E C O n O M i C g U i D E . C O M 37
SEC Inc.SITE ENGINEERING CONSULTANTSENGINEERING • SURVEYING • LAND PLANNING
Master planning
Site planning
Subdivisions
Roadway designs
Water and sewer designs
Drainage studies
Boundary surveys
Topographic surveys
A.L.T.A. surveys
Construction staking
Site, grading & utility designs
850 Middle Tennessee Blvd.
Murfreesboro, TN 37129
(615) 890-7901
Fax: (615) 895-2567
www.sec-civil.com
Unequaled experience in placing distribution, manufacturing and transportation personnel …
Let us show you the T&T difference …
(615) 793-3116331 Waldron Rd. • Ste. 200 • La Vergne, TN 37086
www.tandtdistribution.com
Ad Index 36 AscendFederAl creditUnion
14 cityoFlAVergne
18 consolidAted Utilitydistrict
22 generAlMillsinc.
14 Middletennessee electriccorporAtion
31 MUrFreesboro electricdepArtMent
10 MUrFreesboroWAter &seWerdepArtMent
22 neel-schAFFer
12 redreAlty
c2 rUtherFordcoUnty
c4 rUtherFordcoUnty
chAMberoFcoMMerce
12 s&W
electricAlcontrActing
37 secinc.
37 sMyrnA/
rUtherFordcoUnty
AirportAUthority
37 t&tdistribUtionstAFFing
26 tennessee
technologycenter
26 theAVenUe
MUrFreesboro
12 toWnoFsMyrnA
