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RUTHERFORD COUNTY

ECONOMIC GUIDE

OVERVIEW

BUSINESS ALMANAC ALMA

BUSINESS CLIMAT CLIMATE

In Good Company Com

Corporate industrial and retail growth Corporate, are in high gear in Rutherford County.

Belle of the Ballroom

QUALITY OF LIFE

Just Wear Comfy y Shoes

The Avenue Murfrees Murfreesboro is a trend-setting 811,000-square-foot o open-air development that’s ushering in a new sty style of retail environment.

Revving Up Reta Retail

An Address for Working W and Living

EDUCATION

Earning High Marks

The county’s strong economy and robust growth are translating into more students for the region’s schools, but no drop in quality. HEALTH CARE

Sound the Sirens

StoneCrest Medical Center in Smyrna, which opened in 2003, is in the midst of a $15.8 million expansion.

Major Medical

On the Cover PHOTO BY JEFF ADKINS The Avenue Murfreesboro, a new lifestyle jewel

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ACTION! ADVENTURE! “IT KEPT ME ON THE EDGE OF MY LAPTOP!”

“RUTHERFORD COUNTY LIKE IT’S NEVER BEEN SEEN BEFORE!”

Images of the Rutherford County Area

THE MOVIE

STARTS TODAY!

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contents TECHNOLOGY

High Hopes in High-Tech

Rutherford County hopes to navigate its economic development efforts toward technology-related enterprises.

Innovation Generation

MANUFACTURING

The Mark of Quality

Working at the Speed of Light

At a time when many manufacturers are facing cutbacks, Jeff MayďŹ eld says Quality Industries continues to grow and thrive.

SUCCESS STORIES

Secrets of Their Success

Four local business leaders share what got them where they are today.

SITE GUIDE

Industrial, commercial and land offerings

RUTHERFORD COUNTY ECONOMIC GUIDE

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Murfree & Murfree, PLLC Attorneys-At-Law Matt B. Murfree, III â&#x20AC;˘ M. B. Murfree, IV

Real Estate Development & Zoning Real Estate Closings & Real Estate Contract Negotiations Corporations, LLCs & Business Law Estate Planning, Wills & Trusts Probate & Estate Administration

805 S. Church St., Ste. 6 Murfreesboro, TN 37130

(615) 867-0835 Fax (615) 867-8729

www.murfreeatty.com

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RUTHERFORD COUNTY

ECONOMIC GUIDE

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Just Wear Comfy Shoes New retail center has 110 stores

Master planning Site planning

Lifestyle A showcase for what drives Rutherford Countyâ&#x20AC;&#x2122;s high quality of life

Subdivisions SPONSORED BY THE RUTHERFORD COUNTY CHAMBER OF COMMERCE | 2008-09

Read the Rutherford County Economic Guide on your computer, zoom in on the articles and link to advertiser Web sites.

Roadway designs Water and sewer designs Drainage studies Boundary surveys

NEWS AND NOTES >>

Get the Inside Scoop on the latest developments in Rutherford

A.L.T.A. surveys

County from our editors and

Construction staking

business insiders

Workstyle A spotlight on innovative companies that call Rutherford County home

Topographic surveys

Site, grading & utility designs

SUCCESS BREEDS SUCCESS >>

Meet the people setting the pace for Rutherford County business DIG DEEPER >>

Log into the community with links to local Web sites and resources to give you the big picture of Rutherford County

850 Middle Tennessee Blvd. Murfreesboro, TN 37129 (615) 890-7901

DATA CENTRAL >>

Fax: (615) 895-2567

A by-the-numbers look at doing business and living in Rutherford County

See the Video Our award-winning photographers give you a virtual peek inside Rutherford County

GUIDE TO SERVICES >>

Links to a cross section of goods and services in Rutherford County

GO ONLINE

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RUTHERFORD COUNTY

ECONOMIC GUIDE

2008-09 EDITION, VOLUME 14

CU S TO M M AG A Z INE M ED I A

SENIOR EDITOR BILL McMEEKIN COPY EDITOR JOYCE CARUTHERS ASSOCIATE EDITORS LISA BATTLES, SARAH B. GILLIAM, KIM MADLOM ASSISTANT EDITOR REBECCA DENTON STAFF WRITERS CAROL COWAN, KEVIN LITWIN EDITORIAL ASSISTANT JESSY YANCEY DATABASE PROJECT MANAGER YANCEY TURTURICE DATA MANAGERS RANETTA SMITH, KRISTY WISE CONTRIBUTING WRITERS PAMELA COYLE, SHARON H. FITZGERALD, OLIVIA LAKE, JESSICA MOZO, AMY STUMPFL SENIOR INTEGRATED MEDIA MANAGER JOE THOMAS SALES SUPPORT MANAGER SARA SARTIN SENIOR PHOTOGRAPHER BRIAN M C CORD STAFF PHOTOGRAPHERS JEFF ADKINS, TODD BENNETT, ANTONY BOSHIER, IAN CURCIO, JESSE KNISH PHOTOGRAPHY ASSISTANT ANNE WHITLOW CREATIVE DIRECTOR KEITH HARRIS WEB DESIGN DIRECTOR SHAWN DANIEL PRODUCTION DIRECTOR NATASHA LORENS ASSISTANT PRODUCTION DIRECTOR CHRISTINA CARDEN PRE-PRESS COORDINATOR HAZEL RISNER SENIOR PRODUCTION PROJECT MGR. TADARA SMITH PRODUCTION PROJECT MGRS. MELISSA HOOVER, JILL WYATT SENIOR GRAPHIC DESIGNERS LAURA GALLAGHER, KRIS SEXTON, VIKKI WILLIAMS LEAD DESIGNER JANINE MARYLAND GRAPHIC DESIGN JESSICA BRAGONIER, ERICA HINES, ALISON HUNTER, LINDA MOREIRAS, AMY NELSON, CANDICE SWEET WEB PROJECT MANAGERS ANDY HARTLEY, YAMEL RUIZ WEB DESIGN RYAN DUNLAP, CARL SCHULZ COLOR IMAGING TECHNICIAN CORY MITCHELL AD TRAFFIC MARCIA BANASIK, SARAH MILLER, PATRICIA MOISAN, RAVEN PETTY CHAIRMAN GREG THURMAN PRESIDENT/PUBLISHER BOB SCHWARTZMAN EXECUTIVE VICE PRESIDENT RAY LANGEN SR. V.P./CLIENT DEVELOPMENT JEFF HEEFNER SR. V.P./SALES CARLA H. THURMAN SR. V.P./OPERATIONS CASEY E. HESTER V.P./SALES HERB HARPER V.P./SALES TODD POTTER V.P./VISUAL CONTENT MARK FORESTER V.P./TRAVEL PUBLISHING SYBIL STEWART V.P/EDITORIAL DIRECTOR TEREE CARUTHERS MANAGING EDITOR/BUSINESS MAURICE FLIESS MANAGING EDITOR/TRAVEL SUSAN CHAPPELL PHOTOGRAPHY DIRECTOR JEFFREY S. OTTO CONTROLLER CHRIS DUDLEY ACCOUNTING MORIAH DOMBY, RICHIE FITZPATRICK, DIANA GUZMAN, MARIA MCFARLAND, LISA OWENS RECRUITING/TRAINING DIRECTOR SUZY WALDRIP COMMUNITY PROMOTION DIRECTOR CINDY COMPERRY DISTRIBUTION DIRECTOR GARY SMITH IT SYSTEMS DIRECTOR MATT LOCKE IT SERVICE TECHNICIAN RYAN SWEENEY HUMAN RESOURCES MANAGER PEGGY BLAKE CUSTOM SALES SUPPORT PATTI CORNELIUS SALES/MARKETING COORDINATOR RACHEL MATHEIS SALES COORDINATOR JENNIFER ALEXANDER EXECUTIVE SECRETARY/SALES SUPPORT KRISTY DUNCAN OFFICE MANAGER SHELLY GRISSOM RECEPTIONIST LINDA BISHOP

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 info@jnlcom.com.

FOR MORE INFORMATION, CONTACT: Rutherford County Chamber of Commerce 1806 Memorial Blvd., Suite D • Murfreesboro, TN 37129 Phone: (615) 869-0345 • Fax: (615) 869-0369 E-mail: info@rutherfordchamber.org www.rutherfordchamber.org VISIT RUTHERFORD COUNTY ECONOMIC GUIDE ONLINE AT RCECONOMICGUIDE.COM ©Copyright 2008 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 Member

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RUTHERFORD COUNTY ECONOMIC GUIDE

overview

RUTHERFORD COUNTY, OPEN FOR BUSINESS The Rutherford County Chamber of Commerce welcomes you to the 14th edition of the Rutherford County Economic Guide, a resource for working and living in Tennessee’s fastest-growing community.

Rutherford County

Rutherford County continues to set the pace for growth in Tennessee. The county’s 2008 population stood at 241,355 — a nearly 26 percent increase from 2000 — and it ranked No. 1 among Tennessee counties for its rate of growth.

“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 Weber, vice president of economic development for the Rutherford County Chamber of Commerce. Weber invites inquiries from prospective relocating companies.

Rutherford County is a clear destination of choice for investment, expansion and corporate headquarters location. Household names with deep roots in the county include Nissan, Ingram, Bridgestone/Firestone and State Farm. In 2007 alone, seven new companies and four existing employers announced projects totaling $104 million in new industrial investment and creating more than 1,000 new direct jobs in Rutherford County. In addition, major retail developments in Murfreesboro and Smyrna will bring 1.3 million square feet of additional shopping space to the marketplace. Average household income topped $69,000 in the community.

indicators, testament to the county’s pro-business climate. For detailed economic and demographic information, go to rceconomicguide.com and click on Digging Deeper.

Contact her at: Rutherford County Chamber of Commerce 1806 Memorial Blvd., Suite D Murfreesboro, TN 37129 615-869-0345 hsweber@rutherfordchamber.org www.rutherfordchamber.org/ed

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With 23,000 students and 800 faculty members, Middle Tennessee State University in Murfreesboro 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 the county’s largest industrial park, including one of the largest distribution centers in the Southeast. This guide includes listings for more than 100 industrial, office and retail sites, as well as some yet-to-be-developed property. The county’s workforce numbers nearly 121,000, up 19.4 percent since 2000. Rutherford County consistently outperforms national economic

RUTHERFORD COUNTY ECONOMIC GUIDE

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RUT H E RF O RD Murfreesboro Eagleville

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Shelbyville SEE VIDEO ONLINE | Take a virtual tour of Rutherford County at rceconomicguide.com, courtesy of our award-winning photographers.

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IMAGINE THAT Fingerprints are welcome at The Discovery Center at Murfree Spring. The hands-on museum for children and adults of all ages is near downtown Murfreesboro and includes 20 acres of outdoor wetlands. Those 20 acres are called the Murfree Spring Wetland, and visitors might see wildlife such as herons, muskrats, river otters, water snakes, frogs and turtles. The Discovery Center has 15 permanent indoor exhibits. Hours are from 10 a.m.-5 p.m. MondaySaturday and 1-5 p.m. Sundays. For more, go to www.discoverycenteronline.org.

CLIMB ON BOARD Many bus rides are more comfortable these days, thanks to a Murfreesboro company. Pretoria Transit Interiors Inc. was founded in 1994 and provides luggage rack systems, interior lighting, ducting and other products for bus makers. Its client list includes bus-manufacturing companies throughout the United States and Canada. Pretoria uses anodized aluminum, which allows the company to customize products to fit the design requirement of any bus. For more, go to www.pretoriausa.com.

WHERE THE ARTS COME ALIVE Itâ&#x20AC;&#x2122;s all a big act at the Murfreesboro/ Rutherford County Center for the Arts. The center opened to the public in 1995, but is housed in an Italian Renaissance-style building that dates to 1909. It hosts theatrical productions, dance and music performances, theater and art classes, and visual-art exhibitions. The centerâ&#x20AC;&#x2122;s 168-seat performance hall is home to the Center Stage Series, which features performances by the Murfreesboro Ensemble Theatre and the Rutherford Lyric Opera. To learn more, go to www.boroarts.org.

TAKE THE TOUR Here is a tourism attraction with a different twist: an automotive plant. Visitors can schedule tours of the Nissan North America manufacturing facility in Smyrna. The free tours are available at 10 a.m. and 1 p.m. Tuesdays and Thursdays and require reservations. The phone number is (615) 459-1444. The Smyrna assembly plant is widely regarded as one of the most productive automotive facilities in the world. It has the ability to manufacture 550,000 vehicles annually, producing Nissan Altima and Maxima sedans, Xterra and Pathfinder SUVs, and the Frontier truck.

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RUTHERFORD COUNTY ECONOMIC GUIDE

business almanac

GO WITH THE FLOW Some new roads in Rutherford County were designed to help traffic flow, and they already are doing their job. The extension of Parthenon Parkway has opened in La Vergne following five years of planning and construction. The extension allows drivers to bypass school traffic on Stones River Road and lets Lake Forest Estates residents gain quicker access to Murfreesboro Road and Interstate 24.

THE FINAL DAY OF 1862 One of the bloodiest battles of the Civil War took place in Murfreesboro, and its place in history has been preserved.

Meanwhile, the New Salem Highway interchange off I-24 is easing traffic in Murfreesboro. One big reason is that the highway provides a more direct route to Middle Tennessee State University for those exiting the interstate. And a widening to five lanes for Beasley Road is opening development near the State Route 840 interchange.

The Battle of Stones River began on the last day of 1862 and produced important military gains for the Union. Today, Stones River National Battlefield hosts several special events throughout the year. Events in 2008 included a Battle of the Bands in April that featured four area school bands playing Civil War songs and a Decoration Day in May that saw hundreds of Boy Scouts place flags on more than 7,000 grave sites in Stones River National Cemetery. The battlefield also hosts several Hallowed Ground lantern tours of the cemetery that take place from June through August. To learn more, go to www.nps.gov/stri.

DIG OUR NEW DIGS The Rutherford County Chamber of Commerce plans to move into a beautiful new building. So do the CVB, Small Business Development Center, Business Education Partnership and Economic Development offices. All of these entities plan to relocate to a $5.6 million building along Medical Center Parkway, with the tentative construction date scheduled for the fall of 2008. The building will be situated directly across the street from the new Embassy Suites Murfreesboro Hotel & Conference Center, which opens in the fall. For more information, visit www.rutherfordchamber.org.

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Slowing Down

Corporate, industrial, retail growth in high gear in Rutherford County

JEFF ADKINS

utherford County is on fire. Retail development is booming throughout the county, with 1.3 million square feet of retail space and more than $200 million in capital investment in two big projects alone. In 2007, four existing companies announced expansions and seven new industrial concerns said they were moving in. Franke USA picked a site adjacent to the Smyrna Airport Business Park for a $38 million headquarters for its division that produces kitchen systems for food-industry users, in part because workers in La Vergne didn’t want to relocate. Adenus Technologies, which specializes in products for decentralized wastewater treatment systems, opened a new headquarters operation in Smyrna in July 2007. Murfreesboro’s Gateway, a mixed-use development that will have a new hospital, hotel/conference center and office buildings, has received kudos from the Tennessee governor’s office. Among advantages companies cite are close interstate access without the heavier traffic volume and proximity to Middle Tennessee State University, the state’s largest undergraduate campus. A major university of 23,000 students turning out graduates with degrees in such disciplines as business, science and music is a major asset, says Holly Weber, vice president of

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Treatment systems company Adenus Technologies selected Smyrna as the site for its 33,000-square-foot headquarters.

RUTHERFORD COUNTY ECONOMIC GUIDE

business climate

economic development for the Rutherford County Chamber The most recent move involved buying a 120,000-square-foot of Commerce. facility on Park Avenue in Murfreesboro. A company that “We have a pro-business climate, our county leaders want started with one person now has 120 employees and counts growth and they want sustainable growth,” she says. 1,500 hospitals around the country as clients for its “point-ofDiversity in type and location sets Rutherford’s robust care” medical equipment, such as vital-signs monitors, carts, economic development apart from other communities. wall arms and the systems that power them. Health care and retail are big contributors, but the county Rutherford County is an ideal location for a company is home to companies as distinct as Franke, Adenus, that relies on interstates for shipping, especially to the L&W Engineering, State Farm south and east. “We haven’t Insurance, marketing firm had the traffic jams, we are George P. Johnson Co. and still near the highway, and all Barrett Firearms Manufacturing, of that is real convenient withWORTH THE INVESTMENT named in 2007 as one of Inc. out the hassles of a bigger city,” magazine’s fastest-growing Coonan says. companies. Stinger looked at neighboring And the growth isn’t limited counties for its most recent to one spot. Murfreesboro, expansion, “but our staff here was New investment in Rutherford County Smyrna, La Vergne and even very boisterous” about staying in in 2007 from seven new industrial Eagleville are getting pieces of the area, he says. projects and four expansions the action. Industry leader George P. “It is just not the county seat. Johnson chose La Vergne’s It is happening every where,” CenterPointe industrial park says Bill Jones, a Murfreesboro for a 300,000-square-foot fabbank executive and chairman rication and storage facility for Number of new jobs created in of the public-private ecothe trade show exhibits it builds. 2007 from seven new industrial nomic development initiative The company expects to employ Destination Rutherford. The 100 people there. projects and four expansions first phase of the initiative Rutherford is Tennessee’s generated 9,300 primary jobs fastest-growing county and that and direct earnings of $455 growth is capturing national million for the county. attention. For Automation NTH LLC, U.S. News & World Report in Percentage growth of Rutherford convenience to Nashville’s airSeptember 2007 ranked Smyrna County’s population since 2000 port and major clients such as in its top 10 places to retire. Nissan and General Motors A few months earlier, Forbes Corp. played a big role in its ranked La Vergne as No. 61 on decision to locate in Rutherford. its list of the nation’s fastestThe company helps the auto, growing suburbs. Rutherford County’s rank among consumer products, electronics The bottom line for Rutherford Tennessee counties for highest and wastewater industries autoin 2007 was more than $104 percentage of population growth mate their production equipment. million in new capital investfrom 2006 to 2007 “We are expanding interment and 1,000 jobs in the nally, converting into additional industrial sector alone. office space and hiring more “We’ve got an active chamber engineers,” says Dan Barber, vice president of sales of commerce and business community,” Jones says. “We also and operations. have government entities that are willing to consider the Gary Coonan, CEO of Stinger Medical, set up shop in 1994. economic benefits of projects, and all that is in addition to The company, which makes portable equipment used in a great location, great school system and great university hospitals and health-care facilities, has expanded four times. as well.” – Pamela Coyle

Scorecard

$104 million

1,000 25.7

No. 1

RUTHERFORD COUNTY ECONOMIC GUIDE

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business climate

New Belle of the

JEFF ADKINS

Ballroom Conference center debut will drive new visitors to Rutherford

erek Frisby wasted no time. An assistant professor of history at Middle Tennessee State University, Frisby was the first to book a conference at the new Embassy Suites Murfreesboro Hotel & Conference Center. The complex on Conference Center Drive will open in fall 2008 and the Society for Military History will attract 500 academic and non-academic historians in April 2009. “I think this conference center is going to be huge, for the county and the university,” says Frisby, an officer in the society. “I wanted to make those connections early.” With 283 suites, 80,000 square feet of meeting space, including a 28,800-square-foot ballroom, the $75 million hotel and conference center will boost Rutherford County’s already impressive business profile. The development off Interstate 24 and Medical Center Parkway in the burgeoning Gateway development is the first conference center in Tennessee for Springfield, Mo.-based owner John Q. Hammons Hotels & Restaurants. Before it opens, Embassy Suites Murfreesboro will hire and train 300 to 400 people. General Manager David Latture says the conference center’s status as “the best, nicest place in town” will draw quality applicants. “There is a lot of growth going on,” says Latture. “I think

More Insight

the labor market will be good.” Construction is on track for the fall opening and the center already has several conventions and meetings booked. Murfreesboro invested $5.9 million for land in the Gateway and pitched in additional funds for road improvements around the project, which is adjacent to The Avenue Murfreesboro retail development. An economic impact study by market research firm Younger Associates says the hotel and its meeting space will draw more than 107,000 visitors and generate nearly $18 million in spending annually. Bill Jones, chairman of public-private economic development partnership Destination Rutherford, says the hotel/ conference center is one of the most important new developments in the county. Hammons, who is known as an industry site-selection master, didn’t decide to invest millions in Rutherford County “just because he likes us,” Jones says. “They are getting all sorts of conference business already.” – Pamela Coyle

The Embassy Suites Murfreesboro Hotel & Conference Center will feature more than 80,000 square feet of meeting space.

BOOK IT: HOTEL AND CONFERENCE CENTER COMES ONLINE

The EMBASSY SUITES MURFREESBORO HOTEL & CONFERENCE CENTER is now taking reservations for stays beginning Nov. 18, 2008.

The completed complex will create 300 TO 400 JOBS and contribute more than $23 million to the Rutherford County economy annually.

The 10-STORY, 283-SUITE hotel will adjoin an 80,000-square-foot conference center. It will be next to The Avenue Murfreesboro lifestyle center.

The conference center includes 43,000 SQUARE FEET of ﬂexible meeting space, a 28,000-square-foot grand ballroom and 7,200-square-foot junior ballroom.

RUTHERFORD COUNTY ECONOMIC GUIDE

A variety of meeting rooms and EXECUTIVE BOARDROOMS are available for smaller gatherings. Each meeting room in the conference center has been equipped with the LATEST TECHNOLOGY, including state-of-the-art sound systems and LCD projectors.

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Just Wear

Comfortable

Shoes

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Lifestyle center reinvents retail experience in Rutherford County

RUTHERFORD COUNTY ECONOMIC GUIDE

quality of life

ll roads lead to great shopping in Murfreesboro, so it seems appropriate that the city’s newest retail development is called The Avenue. But if you’re picturing an ordinary mall, think again. The Avenue Murfreesboro is a trendsetting 811,000-square-foot open-air development that’s ushering in a new style of retail environment. The first phase of the development, a partnership between Atlanta-based Cousins Properties Inc. and Charlottebased Faison Enterprises Inc., opened in October 2007. The project is expected to reach completion in two additional phases over the next two years. When finished, The Avenue is expected to bring about 110 new stores and restaurants and 1,500 jobs to the Murfreesboro area. It is the eighth and largest The Avenue project since the developers introduced the concept in 1998. “We brought The Avenue concept to Murfreesboro at just the right time – the city was ready for this type of retail development,” says Angie Carter, general manager of The Avenue Murfreesboro. “It takes retail to another level.” The development is another signal of the ascendance of Rutherford County as a community of choice in which to work and live. Cousins’ research shows nearly 69,000 homes with average household income of $61,495 within a 10-mile radius of The Avenue. Cousins Properties projects more than 80,000 homes will be within a 10-mile radius in just five more years. A far cry from the acres of asphalt of traditional malls, The Avenue is based on a “Main Street” concept that is pedestrian friendly, functional and attractive, with features that include exterior side-

walks and landscaping. Located off Interstate 24 and Medical Center Parkway in the Gateway officeretail-hotel development, The Avenue features popular retailers such as Best Buy and Barnes & Noble as well as elements such as the Camp Avenue Children’s Park that enhance the region’s quality of life.

Scorecard SHOP TALK

811,000 Square footage of The Avenue Murfreesboro complex

110

Number of stores and restaurants expected when center is fully built out

1,500

Jobs expected to be created by The Avenue Murfreesboro

16,000

Daily traffic count on Medical Center Parkway, where The Avenue Murfreesboro is located

Located next to Talbots, the Camp Avenue Children’s Park hosts free activities for kids the first Saturday of each month, including story time, door

prizes sponsored by participating retailers, arts and crafts projects, contests and visits from surprise guests throughout the year. “The Avenue offers a high-quality retail development and lifestyle center that’s the first of its kind in our community,” says Joseph Aydelott, planning director for the City of Murfreesboro. The enhanced selection of retail and dining opportunities the center brings will be a significant generator of sales tax revenue. That will be a plus for local governments and school systems, says Aydelott. “It’s a great thing for our community,” he says. More than 3,000 parking spaces are spread throughout the center, giving shoppers easy access to stores and the manner in which they access them. “It’s designed for discriminating, time-constrained shoppers,” Carter says. “You can park right in front of your intended store or walk around and enjoy the sights.” Phases two and three are already under way at The Avenue. They include furniture retailer Havertys and Old Navy as well as a suite of shops to be built between David’s Bridal and crafts supplier Michaels. The development also has 30,000 square feet of office space available for lease that anticipates service providers such as physician and dental practices that want to be aligned with The Avenue. The Avenue Murfreesboro, says Carter, could eventually be home to hotel development as well, although there aren’t solid plans for such additions yet. “We’re constantly adding to the retail mix, and we have several stores opening up in spring and summer 2008,” Carter says. “We’re excited to be here.” – Jessica Mozo

The unique architecture of The Avenue Murfreesboro glows at dusk. The 811,000-square-foot, open-air center is ushering in a new retail environment and will serve as a centerpiece for 400 acres of additional development. P H OTO B Y J E F F A D K I N S

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For over 25 years, our success has been built upon our employees’ commitment to producing brands that consumers trust and value.

We’re proud to be in Rutherford County.

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quality of life

Revving Up Retail

JEFF ADKINS

COLONIAL PROJECT MAKES SMYRNA A SHOPPING DRAW

The Reserve is an example of the increase in prestige homes in Rutherford County.

An Address for Working and Living RUTHERFORD COUNTY OFFERS ABUNDANCE OF HOUSING OPTIONS FOR ANY LIFESTYLE Rutherford County is not only a destination of choice as a business address, it also is attracting a growing number of executives, professionals and families. The county has averaged nearly 21 residential construction permits per 1,000 residents each year since 2000, tied for No. 1 in the state. More than one in five homes have been built since the start of the decade, a pace nearly three times the U.S. average. “The county has evolved with the influx of new retail, the new hospitals. We have matured and grown,” says Lisa Underwood, Murfreesboro-based ParkTrust Development Co. marketing director. The county’s roster of prestige homes is flourishing. ParkTrust’s Marymont Springs, which will include more than 800 single-family homes in its initial phases, features amenities such as a clubhouse with multi-use pools, outdoor fireplace for community gatherings and fishing docks. Prices range from $400,000 to more than $1 million. The Reserve, another ParkTrust project in the Murfreesboro area, includes estate and manor homes priced from the $300,000s to the $800,000s. Holrob Investments’ Westlawn near Murfreesboro will consist of 362 single-family homes, 318 multi-family residences and 350,000 square feet of business and retail space, as well as a children’s playground, pocket parks, walking trails and 50 acres of preserved natural areas. “Rutherford County is a really strong community.” says Brandi Miles, an agent with Crye-Leike Realtors in Murfreesboro. “We have a smalltown feel with a lot of amenities.” – Jesssica Mozo

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There’s a new place to shop in Smyrna, and it’s bigger than any retail development the town has ever seen. “The Colonial TownPark project will be a big asset for citizens for shopping as well as to the sales tax base of our town,” says Kevin Rigsby, Smyrna town planner. Located off Interstate 24 along Sam Ridley Parkway, the project will include 400,000 square feet of retail space that will house 24 stores. The project is being developed by Colonial Properties Trust in Birmingham. Colonial Properties has identified more than 79,000 homes with average household income of nearly $67,000 within a 10-mile radius of the development. Anchoring the project is a 175,000-square-foot Super Target. The center also is home to Kohl’s, Staples and PetSmart. Other popular retail outlets such as Ross Dress for Less, Maurice’s, Lane Bryant, New York & Company, Dollar Tree and Bath & Body Works are scheduled to open in 2008. Situated on a 66-acre site, the development will incorporate not only retail, including some locally owned businesses, but also new restaurants and hotels. Applebee’s and IHOP are two of the restaurants already approved for the complex. “We expect there to be lots of spinoff development as far as out-parcel restaurants and hotels that will want to be near the center,” Rigsby says. – Jessica Mozo

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Earning

High Marks

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RUTHERFORD COUNTY ECONOMIC GUIDE

education

Rutherford County schools stay committed to quality as enrollment keeps growing Scales Elementary have received Excellence in Education awards from the Tennessee School Boards Association. Through the Business Education Partnership, the Rutherford County Chamber of Commerce coordinates an array of initiatives and activities that bring the business community and schools together. The BC3 program for math and science teachers, summer business camp, adopt-a-school efforts and job shadowing are just a few of the programs that help improve school quality and develop a skilled and prepared future workforce. “We want to keep our best and brightest here, and when they reach maturity, they will be able to have good jobs in this county,” says Lee Rennick, partnership executive director. “We have programs for students that allow them to go out and meet business leaders and research the area they are interested in. For those who want to go to college, they are much better prepared and aware of the challenges and education they need before they go into the work world.” – Olivia Lake

P H OTO S B Y J E F F A D K I N S

utherford County’s strong economy and robust growth are translating into more rooftops and more students, but that isn’t watering down achievement levels or academic quality. Rutherford County Schools, with an enrollment of 36,500, is adding about 1,500 students each year and expects to invest $500 million over the next decade in new facilities and expansions to its current roster of 41 schools. (A 42nd comes on line in fall 2008.) The district, which operates on a $220 million budget, has a teacher-student ratio of about 1-22 for primary grades and 1-30 for junior high and high school. Rutherford County Schools earned some of the highest scores among districts on the Tennessee Department of Education’s 2007 Report Card and showed yearly progress on proficiency goals and graduation-rate requirements set by the federal No Child Left Behind Act. “When compared to other school districts in the state, we are among the best. Education is a big draw, and if we didn’t have a good schools program, our county would not be growing the way that it is,” says James Evans, spokesman for Rutherford County Schools. The district’s Oakland High School, for example, has been fully certified by the International Baccalaureate Organization, one of fewer than 800 U.S. high schools to receive that designation for the rigorous college-prep program. Murfreesboro, Rutherford County’s largest city, operates schools for students through sixth grade. The system also received high marks from the Tennessee Department of Education – six As and three Bs on its 2007 Report Card. “One of the things that draws people here is our foundation of outstanding teachers,” says Marilyn Mathis, director of the 7,000-student Murfreesboro City Schools. “We have the opportunity of serving just the young child, so we can really focus on education from pre-K through grade six.” The district operates on a $48.7 million budget and has 848 full-time employees. Teacher-student ratios are 1-20. District schools have received numerous accolades. For example, the arts-focused Bradley Academy was named one of six Value Plus schools in the state for a special arts integration program administered by the Tennessee Arts Commission for 2006-2010. And Mitchell-Neilson Elementary, Cason Lane Academy and

Lee Rennick is executive director of the Business Education Partnership of the Rutherford County Chamber of Commerce. Left: John Pittard Elementary School is one of 12 schools in the Murfreesboro City Schools system.

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health care

Sound the

Sirens Smyrna’s StoneCrest Medical Center embarks on $15.8M expansion program

JEFF ADKINS

t didn’t take long for StoneCrest Medical Center in Smyrna to need more beds and surgical units. The hospital, which opened in 2003 with 75 beds, is in the midst of a $15.8 million expansion to add 26 more, along with four surgical suites. The addition is filling out a fourthf loor “shell” that was built with the existing hospital; the building was designed to add two more floors on top of that when the need is there. And it likely will be. Rutherford is Tennessee’s fastest-growing county. By some estimates, Smyrna alone has grown 67 percent since 2002, and the demand for medical services is clearly growing with it. When parent TriStar Health System announced plans in 2007 for StoneCrest’s expansion, it noted outpatient visits had more than tripled since the first full

Neil A. Heatherly is CEO of Smyrna’s StoneCrest Medical Center, which is undergoing a $15.8 million expansion.

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RUTHERFORD COUNTY ECONOMIC GUIDE

year of operation and surgical volumes increased by a third. The new beds will be ready in January 2009 and bring the hospital to 101 beds. The surgical suites will be finished in April 2009; two will be outfitted with state-of-the-art equipment to handle everything from general surgery to spinal procedures. “We like the f lexibility,” says Neil Heatherly, StoneCrest’s CEO. StoneCrest already has increased its nursery capacity, opened a Neurological Rehabilitation Center and added digital mammography capabilities, but the hospital’s significance goes beyond its own walls. Heatherly points to more local doctors plus restaurants, supermarkets and retail stores along the bustling Sam Ridley Parkway corridor, where the hospital is located. “The physician-practice growth is clear and immediate, as is other medicalrelated growth,” Heatherly says. “In addition to that, we’ve sparked economic development or maybe accelerated it. We have a pretty substantial daytime population.”

The hospital has about 500 employees; the expansion will add another 50 to 75. Building out 12,000 square feet within an occupied hospital has its challenges, and Heatherly says the goal is to use scaffolding to keep most of the “traffic” outside the walls to minimize disruptions. But the third f loor is occupied, and contractors will have to work around it. “We have a fairly aggressive timetable we hope to hit,” he says. The expansion has particular meaning because it will push bed capacity over the 100 mark. When HCA Inc., corporate parent of the TriStar system, closed the old Smyrna Hospital in 1987, Dr. Thomas Frist Sr., the company’s founder, pronounced: “I see a day when the community will grow enough that it will need a 100-bed hospital. When that time comes, we will build a hospital in Smyrna.” Smyrna has indeed grown, and Heatherly says HCA is keeping its word to the community. “It is a fulfillment of that promise he made over two decades ago,” Heatherly says. “It gives the expansion an additional sense of purpose.” – Pamela Coyle

Scorecard AN RX FOR EXPANSION

250,000

Number of patient visits at StoneCrest Medical Center since hospital opened in 2003

36,000

Number of annual outpatient visits at StoneCrest Medical Center

5,500

Number of surgical services cases at StoneCrest Medical Center in 2007

210,000

Total square footage of StoneCrest Medical Center following 12,000-squarefoot addition

Major Medical POPULATION SURGE SPURS EXPANSION AT HOSPITAL, CLINIC When the new Middle Tennessee Medical Center opens in Murfreesboro’s Gateway development in 2010, it will be four times larger than the original hospital built in 1927. By then, the $278 million facility will have plenty of neighbors, but it was the first to make a commitment to the ambitious mixed-use development near Interstate 24 and the new Medical Center Parkway. Earlier this year, contractors moved fill material to the site and foundation drilling began. “They are tracking right on schedule,” says Gordon Ferguson, MTMC’s president and chief executive officer. The spot was perfect for a hospital with a long history in Rutherford County but often a low profile. “A lot of people still don’t know where to find us,” Ferguson says of the current site on North Highland Avenue. “When we looked at population growth and where our patients are coming from, it was clear this was the best site for us in terms of accessibility and visibility.”

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Murfreesboro’s population, now estimated at nearly 100,000, is expected to hit 112,000 by 2012. Planned for 286 beds, including 32 designated for intensive care and 30 for obstetrics, the new hospital will have “shelled” space to add more beds as the need grows. The 68.5-acre Gateway campus also will include medical office buildings and a helipad. An outpatient surgery center already is open for business. Murfreesboro Medical Clinic is also on the move. A 205,000-square-foot building in Gateway now under construction will include doctors’ offices, outpatient surgery facilities, a lab and radiology services, says Joey Peay, the clinic’s chief executive officer. That’s almost 70 percent larger than the current location on North Highland Avenue. The clinic provides a variety of medical specialty services, treats 21,000 patients a month and employs 400. The 78,000-square-foot first phase of the new facility is set to open in August 2008. – Pamela Coyle

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technology

High Hopes in

High-Tech

JEFF ADKINS

MTSU’s science prowess is catalyst in sector’s emergence in Rutherford

Kristie E. Womble, innovative projects coordinator for BioVentures Inc., works at the company’s lab in Murfreesboro.

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RUTHERFORD COUNTY ECONOMIC GUIDE

“

avigating Genetic Diversity” is the slogan for Murfreesborobased BioVentures Inc., and since 1988, the privately held company has discovered and produced breakthrough bioscience products used by researchers around the globe. Pointing to BioVentures’ two decades of success, Rutherford County hopes to navigate its economic development efforts toward technology-related enterprises, including the biosciences. “Research in the medical field is becoming much more of a prominent industry,” says Holly Weber, vice president of economic development for the Rutherford County Chamber of Commerce. “With Destination Rutherford, diversification is extremely important when it comes to our job base and economic base locally.” Destination Rutherford is the chamber’s quality job growth initiative, focusing on the creation of professional opportunities in the marketplace. A feather in Rutherford County’s cap is the 23,000-student Middle Tennessee State University. Nearly 5,300 MTSU students are majoring in a science, says Thomas Cheatham, dean of the College of Basic and Applied Sciences. “We are quite diverse,” Cheatham says of the college. “We have 10 departments, and we range from agriculture to physics and astronomy.” Other majors include chemistry, mathematics, aerospace, nursing, computer science, military science and engineering technology, which boasts the nationally recognized concrete industry management and construction management programs.

More Insight

The Tennessee General Assembly has been asked to consider a proposal for a new science building, projected to cost more than $115 million, that would aid in recruiting top students and faculty. That’s good news for BioVentures, which puts MTSU interns to work each summer. The company also funds scholarships for chemistry and biology students, says Elliott Dawson, BioVentures founder and president. The company was launched based on a patent application for a rapid immunoassay to detect the AIDS virus. “It was going to take an immense amount of money to develop and commercialize that, and so we were able to identify a niche in the nucleic acid area related to genetic testing and forensics and have been able to pursue that quite successfully,” Dawson says. Over the life of the company, BioVentures has earned $40 million in wholesale sales. The company makes fully packaged, individual, marketable units of its products and also sells its products in bulk to other companies that handle their own packaging and labeling. “We also sell to our base of customers, who are researchers, and we sell through a distributor network in Europe, the Middle East and Asia,” Dawson says. Sales have started on a new line of instruments produced in Germany that make use of BioVentures-developed technologies. BioVentures would be successful anywhere, but Dawson says he never considered moving the company out of Rutherford County. “It’s a good place to live, with a slower pace and less intensity than Nashville.” – Sharon H. Fitzgerald

A SCIENCE PROGRAM TUTORIAL

The COLLEGE OF BASIC AND APPLIED SCIENCES is the largest of Middle Tennessee State University’s ﬁve undergraduate colleges in number of declared majors. The college has 15 UNDERGRADUATE MAJORS, 222 faculty and approximately 5,400 undergraduate students.

Departments within The College of Basic and Applied Sciences at MTSU in Murfreesboro include Aerospace, Agribusiness & Agriscience, Biology, Chemistry, Computer Science, Engineering TECHNOLOGY & INDUSTRIAL STUDIES, Mathematical Sciences, Military Science, and Physics & Astronomy.

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Innovation Generation MIND2MARKETPLACE INITIATIVE CONNECTS IDEAS TO KNOW-HOW Branding Middle Tennessee as “an entrepreneurial ecosystem” is the goal of a consortium of business, education, government and economic-development leaders in a 40-county region that includes Rutherford County. The initiative, dubbed Mind2Marketplace, is chaired by Andrea J. Loughry, a retired Murfreesboro business executive. The consortium was founded in 2006 at the urging of U.S. Rep. Bart Gordon to nurture technology-based ideas, move them toward commercialization and create jobs. Mind2Marketplace includes more than 60 individuals representing entities as diverse as chambers of commerce, universities and entrepreneurial business ventures. Oak Ridge National Laboratory and the Marshall Space Flight Center in Huntsville are also represented. “With these two innovation generators framing our region, we are positioned to take ideas and shepherd them into the Middle Tennessee marketplace,” Loughry says. The consortium focuses primarily on three areas of the economy – biotechnologies, aviation and aerospace, and distribution. The federal Small Business Innovation Research and Small Business Technology Transfer programs ensure that innovative small businesses get their share of the government’s researchand-development funding pie. – Sharon H. Fitzgerald

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manufacturing

The

Mark of

Quality P H OTO C O U R T E S Y O F J E F F E R S O N A . M AY F I E L D

Precision metals fabricator shapes solid growth in Rutherford County

Quality Industries Inc. in La Vergne has earned high marks for its precision metal fabrication.

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RUTHERFORD COUNTY ECONOMIC GUIDE

Working at Light Speed LIGHTNING SOURCE OPERATES BUSINESS BY THE BOOK

t a time when many manufacturers are facing cutbacks, Quality Industries Inc. continues to grow and thrive in Rutherford County. Established in 1972, the award-winning La Vergne company has earned a solid reputation for excellence in precision metal fabrication. The company produces a variety of items, from its own line of food-service equipment to custom fabrication and assemblies, says Jeff Mayfield, Quality president and CEO. Quality Industries employs approximately 400 workers in about 250,000 square feet of manufacturing space that it has occupied since 1984 and expanded five additional times. The facility includes powder paint lines, lasers, robotic welding cells, stamping presses and integrated assembly and finishing cells. The company serves a range of commercial and industrial markets, including heavy trucks and transportation, electrical enclosures, engineered aluminum structures and alternative-fuel heating equipment. “We use some of the latest technology and equipment to meet our customers’ needs,” says Mayfield, who was with the company for more than 18 years before being named CEO in November 2007. “We have the ability to combine hardtool and soft-tool capabilities. We can provide components, subassembly or complete high-precision fabrication and assembly,” he says. Mayfield is proud of the company’s ongoing efforts to utilize environmentally friendly methods. “We have always been committed to environmental and safety issues. For example, we offer environmentally friendly paint processes – a lot of

companies can’t say that,” he says. When asked about Quality Industries’ ongoing success, Mayfield points to the company’s strategic location in Rutherford County as a key advantage. In fact, the region is widely recognized as a leading distribution center, with ready access to major thoroughfares such as Interstates 24, 40, 65 and State Route 840. “We deliver to customers across the country, so our central location is extremely important,” Mayfield says. With several major interstates crisscrossing it, the region is a transportation hub that provides quick and economical access to customers. “There are a lot of logistics companies in the region, so our customers have a number of options when it comes to receiving product,” Mayfield says. Beyond the community’s obvious geographic benefits, Mayfield also sees the Rutherford County business climate as an important asset and ally. “Tennessee is very business friendly,” he says. “There is no individual state income tax, and that’s a big deal. There’s a lot of opportunity to grow your business here, and the state is willing to work with companies to bring them in. Rutherford County also has been very helpful to us over the years.” This decidedly pro-business climate is sure to play into the company’s future growth, Mayfield says. “We currently have about 250,000 square feet, but we’re looking at the possibility of leasing additional space in the area. But we certainly plan to be in Rutherford County – we have a long history here, and that’s important to us. It’s a wonderful area to live and work.” – Amy Stumpfl

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Established in 1997 with the advent of print-on-demand technology, La Vergne-based Lightning Source Inc. is a global leader in on-demand book manufacturing and distribution. Lightning Source manufactures more than 1.2 million books every month for more than 5,000 publishers around the world, says J. Kirby Best, president and CEO. The Lightning Source digital library holds more than 500,000 titles. While traditional publishers print thousands of books at a time, Lightning Source offers digital “one-off” bookproduction technology. The company maintains its inventory as electronic files, printing a specific book only when a customer places an order. Best says that Lightning Source employs more than 700 associates globally. In addition to home base in La Vergne, the company operates in Allentown, Pa., and the United Kingdom. Lightning Source, a subsidiary of Nashville-based Ingram Industries Inc., is located just down the road from sister company Ingram Book Group, the largest wholesale distributor of book products. “One key advantage to operating in La Vergne is the quality of the workforce,” Best says. “While speed is a cornerstone in the book industry, we also cherish quality. The area is a great resource for finding incredible associates.” – Amy Stumpfl

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success stories

Secrets of Their

Success Four businesspeople with Rutherford ties share what got them where they are today

FINDING A HOME IN REAL ESTATE Bob Parks Owner Bob Parks Realty LLC

It took just one college course to hook Bob Parks on real estate and that passion has translated into a successful Rutherford County-based residential and commercial real estate brokerage and development enterprise. Parks began his real estate career shortly after graduating from Middle Tennessee State University in 1970 when he joined a local firm as a licensed Realtor. In 1975, he formed Bob Parks Realty, which has grown to a team of more than 550 agents and residential sales volume of more than $1.5 billion in 2006, second highest in Tennessee. “I’ve always been a risk taker and I’ve never shied away from that,” Parks says of his decision to start a business. Hard work coupled with honesty, integrity and ensuring employees have a good environment in which to work are what Parks credits as the sustaining forces of the enterprise. Parks’ interests have grown to include developer and builder Main Street Homes, and Park Trust Development LLC, a commercial and residential real estate developer that

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develops more than 700 home sites a year. “You will not be successful overnight, and you need to plan for the long term,” he says of starting a business. “You have to focus on those that work for you and make the environment a pleasant one for them.” The area’s quality growth and diversity of opportunity are traits that Parks says make Rutherford County not only a great place to do business but also to call home. “The overall quality of life in Middle Tennessee is unsurpassed.” THE EARLIEST ADVICE IS STILL THE BEST Andrea Loughry Chair Mind2Marketplace

Andrea Loughry knows what it takes to create and sustain a successful business. Loughry and a partner started an independent insurance agency from scratch in 1978. In 1988, she partnered with Eddie Miller to purchase an agency that had been founded in 1949. That partnership became Miller & Loughry Insurance and Services Inc., Murfreesboro’s oldest independent insurance agency. Becoming a member of the Rutherford County Chamber of Commerce was one of the first things Loughry did when she launched her business, a move that she

says gave her a starting level of credibility as a businessperson. “The chamber is the network of people that make it happen,” Loughry says. Loughry is one of the driving forces behind the Mind2Marketplace initiative, an organization dedicated to helping bring the brightest and best ideas in technology to reality, with jobs creation as the ultimate goal. Rutherford County earns high marks from Loughry for its support of women entrepreneurs. She espouses a simple formula learned early in school for succeeding in business – play fair, be a team player and follow the rules. “Realizing the market has ups and downs, one has to be prepared to make it through the times that are less invigorating than others,” she says. THE MAN WHO STEERED NISSAN’S GROWTH Jerry Benefield Retired President and CEO Nissan Motor Manufacturing Corp. USA

He’s regarded as a business legend who oversaw the enormous expansion of Rutherford County’s largest employer. Under Jerry Benefield’s watch as president and chief executive officer of Nissan Motor Manufacturing Corp. USA, the

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Bandit Lites Inc.’s Tom Surber arranges the colors on a spotlight at the company’s La Vergne operations. P H OTO BY J E F F A D K I N S

company engineered a major shift in its success, including production of a new vehicle line that required a $490 million expansion and created 2,000 jobs. Despite his accomplishments and applause from colleagues and various organizations – including as recipient of the 2008 Business Legend award from the Rutherford County Chamber of Commerce – Benefield deflects credit to a talented and supportive team. “You have to get good people around you because you can’t run a successful business by yourself,” he says. “You need all the right tools in your toolbox – experience, education and understanding the business that you are in. Communication is also a big key to anyone’s success.” After relocating to Rutherford County from Michigan to work for Nissan, Benefield served as president and chief executive officer from 1988 until his

retirement in October 2000. Nissan today employs 6,600 in the county. While enjoying some additional leisure that comes with retirement and spending more time with his grandchildren, Benefield is still active in several civic and business organizations in Rutherford County, where he made his home after retiring. “The area has great climate, housing is relatively inexpensive and there’s a full range of jobs. The educational system is good and it’s just a great place to live.” A BRIGHT IDEA, AN ILLUMINATING BUSINESS Mike Strickland Owner and CEO Bandit Lites Inc.

Mike Strickland’s company shines a light on some of the biggest names in the entertainment business. With its biggest facility in La Vergne

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and offices in Knoxville, San Francisco, London, Hong Kong and Taiwan, Bandit Lites Inc. has become the world’s secondlargest lighting-for-hire company. For more than 40 years, the company has worked with a variety of entertainment clients including Dolly Parton, Garth Brooks, Tim McGraw, Gladys Knight, B.B, King, Christina Aguilera and the NASCAR Awards program. When opportunity, luck and dedication collide, Strickland says, a business will be successful. “You have to be presented with the opportunities in life to go forward,” he says. “You need a whole lot of luck to be in the right place when opportunities come your way and the dedication to stick with the mission to make it all work. If you remove any one of those three pieces, I truly believe your chances for success are greatly diminished.” – Stories by Olivia Lake

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site guide LA VERGNE

LA VERGNE

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 (July 2008). 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.

Three Oaks – Phase II

Mason Road Distribution Center

(INDUSTRIAL) Square Footage: 207,500

(INDUSTRIAL) Square Footage: 186,493

Lease: Call

Lease: $3.25 per sq. ft. Net

Comments: Excellent central location between two interstate interchanges, convenient to I-24, 12,000 sq. ft. office.

Comments: 186,493 sq. ft. crossdock space, 6,450 sq. ft. two-story office, one drive-in door, concrete tilt-up construction, completed in 1996.

Contact: Dave McGahren Colliers Turley Martin Tucker (615) 301-2810 dmcgahren@ctmt.com

Contact: John Ward Colliers Turley Martin Tucker (615) 301-2834 jward@ctmt.com

LA VERGNE

CentrePointe Distribution Park Bldg. 7 MidSouth Logistics Center Bldg. 1 (INDUSTRIAL) Square Footage: 243,512 Lease: $3.50 per sq. ft. Net Comments: 11,112 sq. ft. office. Concrete tilt wall construction. 30' clear height, 36 dock doors, two 12'x16' drive-in doors, 50'x50' column spacing, 150' truck court. Contact: John Ward Colliers Turley Martin Tucker (615) 301-2834, jward@ctmt.com

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Three Oaks – Phase I (INDUSTRIAL) Square Footage: 58,982

(INDUSTRIAL) Square Footage: 197,400

Lease: Call

Lease: $3.35 per sq. ft. NNN Comments: Up to 37 loading docks cross dock, one (14'x16') drive-in door, 30' ceiling height, 2,000 amp three phase electrical, ESFR sprinkler, 52 1/2'x50' column spacing, office space build to suit, 220 acre controlled industrial campus, excellent access to I-24.

Comments: 5,000 sq. ft. office, 24' clear height, rear load, ESFR sprinkler system, tilt wall construction, metal halide lighting, eight dock doors, one drive-in door, 40'x50' column spacing, 120' truck court, 60' concrete apron.

Contact: Buist Richardson Nashville Commercial (615) 727-7417 brichardson@ncres.com

Contact: Dave McGahren Colliers Turley Martin Tucker (615) 301-2810 dmcgahren@ctmt.com

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LA VERGNE

CentrePointe Distribution Park Bldg. 2

Jefferson Pike Business Center Bldg. 3

(INDUSTRIAL) Square Footage: 47,347

(INDUSTRIAL) Square Footage: 14,400

Lease: $3.60 per sq. ft.

Lease: $7G

Comments: 5,600 sq. ft. office, four dock doors, two doors with levelers and seals, one drive-in door, 220 acre controlled industrial campus, excellent access to I-24.

Comments: Two-tenant 14,400 sq. ft. facility, preleasing right now. Pad ready and site plan approved. Located in the Jefferson Pike Business Center just off Murfreesboro Road.

Comments: New construction. Located in the Sand Hill Business Park between Stones River Rd. & Dick Buchanan St., clear span, 200 amps, 208 volts, three phase power, gas space heater, metal halide lights, two drive-in doors.

Contact: Buist Richardson Nashville Commercial (615) 727-7417 brichardson@ncres.com

Contact: Terry C. Smith Charter Development Company (615) 329-8000 info@charterdevelopment.com

LA VERGNE

Interchange City Distribution Center #1 (INDUSTRIAL) Square Footage: 42,035

Jefferson Pike Business Center Bldg. 1 (INDUSTRIAL) Square Footage: 9,600

Sand Hill Business Park (INDUSTRIAL) Square Footage: 4,000 Lease: $7.80G

LA VERGNE

Ferrell Building Company (INDUSTRIAL) Square Footage: 2,500

Lease: $6.50G

Lease: $6.24G

Comments: 1,044 sq. ft. office, 24' clearance height, 50'x45' column spacing, four dock doors with mechanical levelers, one drive-in door, 130' truck court, fire sprinkler.

Comments: Located in the Jefferson Pike Business Center just off Murfreesboro Road. Completed in 2005, has two 4,800 sq. ft. suites for lease, two docks, two drive-in doors, 16'-19' clear heights.

Comments: 10'x10' drive-in door, multi-tenant spaces in a multibuilding complex for small companies. Fronts on Murfreesboro Rd. Easy access and great visibility.

Contact: Christian Weber ProLogis (615) 831-5911 cweber@prologis.com

Contact: Terry C. Smith Charter Development Company (615) 329-8000 info@charterdevelopment.com

Lease: Call

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site guide LA VERGNE

LA VERGNE

Waldron Road

102 Chaney Blvd.

1531 JP Hennessy Dr.

(LAND) Acreage: 26.35

(LAND) Acreage: 12

(LAND) Acreage: 3

Price: $3,516,750

Price: $1,200,000

Price: $50,000 per acre

Comments: 21.45 acres zoned I-2 and 4.9 acres zoned C-2 with 880' of frontage along Waldron Rd. Rectangular site, pregraded, utilities available, located next to Bridgestone facility.

Comments: 12+/- acres, already zoned R3 (high density). Includes commercial corner lot. City water and sewer on site, excellent location close to I-24, new StoneCrest Hospital, La Vergne High School and shopping.

Contact: Lee Black CB Richard Ellis (615) 248-1117, lee.black@cbre.com

Contact: Larry Ray Gilliland Red Realty (615) 566-3267 LGilliland@redsavesgreen.com

LA VERGNE

Comments: Surplus land Contact: Robert Stout Charles Hawkins Co. (615) 345-7210 rstout@chco.com

LA VERGNE

381 Waldron Rd. (LAND) Acreage: 2.57

Three Oaks, Phase III

Hwy. 41 & Murfreesboro Rd.

Price: Call

(LAND) Acreage: 17

(LAND) Acreage: 10.96

Price: $150,000/AC

Price: $4,000,000

Comments: Great commercial development site on the corner of Waldron Rd. & Parthenon Blvd.

Comments: Pad-ready land site. Zoned I-2 industrial. Well suited for warehouse, distribution or light mfg. Ability to build up to a 300,000 sq. ft. distribution center. Part of master-planned distribution park. Located one mile from two separate interstate interchanges.

Comments: Flag-shaped lot on corner of Floyd Mayfield & Hwy. 41, corner lot can be sold for $1 million per acre, corner out lots can be sold for $600,000 per acre, six commercial lots available ranging from 1 to 10 acres.

Contact: David P. McGahren Colliers Turley Martin Tucker (615) 301-2810 dmcgahren@ctmt.com

Contact: Steven Dotson Red Realty (615) 896-1400 sdotson@redsavesgreen.com

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Contact: Michael W. Groos Charles Hawkins Co. (615) 345-7209 mgroos@chco.com

RUTHERFORD COUNTY ECONOMIC GUIDE

LA VERGNE

Stones River Rd. & Buchanan St. (LAND) Acreage: 1.34 Price: $200,000 Comments: All utilities, zoned C-2. Contact: Terry C. Smith Charter Development Group (615) 329-8000 info@charterdevelopment.com

LA VERGNE

MURFREESBORO

331 Waldron Rd.

1209 Park Ave.

(OFFICE/RETAIL) Square Footage: 1,375

(INDUSTRIAL) Square Footage: 223,000

Lease: $16G per sq. ft. Comments: Currently built out as a dentist’s office, ample parking, zoned CO3. Contact: Michael W. Groos Charles Hawkins Co. (615) 345-7209 mgroos@chco.com

Price: $9,315,000 Lease: $4.25 per sq. ft. per year Comments: Expandable to 300,000 sq. ft. by adding to the existing structure, rail access, fully air-conditioned. Contact: Tammy C. Neal Swanson Developments (615) 896-0000 tammy@swansondev.com

LA VERGNE MURFREESBORO MURFREESBORO

Madison Square Plaza II (OFFICE/RETAIL) Square Footage: 14,400 Lease: $17.50 per sq. ft. Comments: Pre-leasing for Summer 2008! Newest retail shopping center in La Vergne. Located next to new Kroger-anchored center. Ideal center for hair salon, restaurant, gym, dry cleaner, etc. Contact: John Harney The Parks Group (615) 896-4045 jharney@theparksgroup commercial.com

Elam Farms (INDUSTRIAL) Square Footage: 363,500 Lease: $3.55 per sq. ft. Net Comments: 219,000 sq. ft. available in Bldg. II, 363,500 sq. ft. under construction in Bldg. I. Column spacing 50'x50' cross docked. Concrete tilt wall construction. 360 degree truck access around each facility. ESFR sprinkler system. 32' min. clear height. Office – build-to-suit. Contact: Dave McGahren Colliers Turley Martin Tucker (615) 301-2810 dmcgahren@ctmt.com

RUTHERFORD COUNTY ECONOMIC GUIDE

845 Middle Tennessee Blvd. (INDUSTRIAL) Square Footage: 137,500 Price: $5,995,092 Lease: $4-$10 per sq. ft. Comments: Located between two I-24 interchanges on a five-lane boulevard. Corner lot with great exposure and fenced parking. Contact: Tammy C. Neal Swanson Developments (615) 896-0000 tammy@swansondev.com

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site guide MURFREESBORO

2105 North Thompson Ln. (INDUSTRIAL) Square Footage: 137,150 Price: $13,636,022

MURFREESBORO

831 Park Ave.

941-945 Esther Ln.

(INDUSTRIAL) Square Footage: 70,000

(INDUSTRIAL) Square Footage: 56,900

Lease: $4.50 Net

Price: Call

Comments: Fully air-conditioned with rail spur located on 6.14 acres.

Comments: Owner user or investment potential, light manufacturing or distribution facility, 56,900 sq. ft. on 6.05 acres, building may be expanded an additional 30,000 sq. ft., built in 2005, zoned heavy industrial, clear height 24'.

Lease: $2.50-$6 Net Comments: 22+ acres, prime commercial corner, more than 56,000 cars per day. Excellent location for redevelopment near I-840, I-24 and new hospital. Contact: Tammy C. Neal Swanson Developments (615) 896-0000 tammy@swansondev.com

Contact: Tammy C. Neal Swanson Developments (615) 896-0000 tammy@swansondev.com

Contact: Brian Tilton NAI Nashville (615) 850-2749 btilton@nainashville.com

MURFREESBORO

1154 Park Ave. Park Place (INDUSTRIAL) Square Footage: 80,000 Price: $3,202,000 Lease: $2.50-$8 Net Comments: Close to downtown, historic warehouse/manufacturing/ event facility situated on 8.5 acres in the Park Avenue Industrial Park. 15,000 sq. ft. is currently used for special events and the balance is used for warehouse. Contact: Tammy C. Neal Swanson Developments (615) 896-0000 tammy@swansondev.com

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(INDUSTRIAL) Square Footage: 60,568 Lease: $4-$12 Net Comments: Great location off fivelane boulevard. Office space has attractive brick front with glass entries. Large warehouse with dock and drive-in access. Contact: Tammy C. Neal Swanson Developments (615) 896-0000 tammy@swansondev.com

450 Butler Rd. (INDUSTRIAL) Square Footage: 53,750 Price: $2,950,000 Lease: $22,000 per month IG Comments: Interstate exposure, 10.02 total acres, includes acre rail spur. Contact: Mike Russell Horrell Company (615) 300-7114 mrussell@horrellcompany.com

RUTHERFORD COUNTY ECONOMIC GUIDE

MURFREESBORO

820 Park Ave.

714 East Main St.

1056 Seals Way

(INDUSTRIAL) Square Footage: 52,500

(INDUSTRIAL) Square Footage: 27,785

(INDUSTRIAL) Square Footage: 14,250

Price: $2,228,000

Lease: $2-$12 Net

Lease: $8.50 Net

Lease: $4.25 Net

Comments: Excellent exposure on Hwy. 96. Great warehouse/ industrial/office location.

Comments: Located off Middle Tennessee Blvd. in an industrial park. This is a brand new facility with brick and glass fronts, single and three phase power and metal roof. With minimum divisibility of 1,875 sq. ft.

Comments: Located within an industrial park, two restrooms, wet sprinklers, gravel and paved parking, pre-fab steel with 1 on 12 pitch, lots of dock doors. Contact: Tammy C. Neal Swanson Developments (615) 896-0000 tammy@swansondev.com

Contact: Tammy C. Neal Swanson Developments (615) 896-0000 tammy@swansondev.com

MURFREESBORO

Contact: Tammy C. Neal Swanson Developments (615) 896-0000 tammy@swansondev.com

MURFREESBORO

1222 Park Ave. (INDUSTRIAL) Square Footage: 19,300

Commerce Park Warehouse

Lease: $8.50 Net

(INDUSTRIAL) Square Footage: 30,000

Comments: Brand new facility located off five-lane boulevard. Nice brick and glass fronts with dock and drive-in access. 100% wet sprinkled, single and three-phase electric.

Lease: $3.50IG Comments: Good bulk warehouse space. Easy access to I-24. Located behind Co-op Lawn & Garden just off Middle Tennessee Blvd. Two dock doors, 23' clearance height.

Contact: Tammy C. Neal Swanson Developments (615) 896-0000 tammy@swansondev.com

Contact: Terry C. Smith Charter Development (615) 329-8000 info@charterdevelopment.com

RUTHERFORD COUNTY ECONOMIC GUIDE

903-905 Industrial Dr. (INDUSTRIAL) Square Footage: 10,000 Lease: Call Comments: 2,700 sq. ft. of office space, 20' clearance, two dock doors, sprinkler. Contact: Jim Smythe Jim Smythe Leasing (615) 896-0765

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site guide MURFREESBORO

MURFREESBORO

Victory Station

Beesley Rd. & Burnt Knob Rd.

Murfreesboro Gateway

(LAND) Acreage: 174

(LAND) Acreage: 123

(LAND) Acreage: 60

Price: Call

Price: $13,038,000

Price: Call

Comments: Approved as a planned unit development and located on the north and south sides of Hwy. 96, a new five-lane highway, one mile from two I-24 interchanges.

Comments: Lot 1: +/-120 acres, high visibility from I-840, frontage on Beasley Rd. & Burnt Knob Rd., area is booming with development, Lot 2: +/-3 acres, triangle parcel on opposite side of I-840. The land may be split into smaller tracts.

Comments: 400-acre mixed use complex owned by the city, strategically located adjacent to I-24 via the new Medical Center Parkway interchange. A unique development ideal for corporate headquarters, R&D centers and Class A office space.

Contact: Tammy C. Neal Swanson Development (615) 896-0000 tammy@swansondev.com

Contact: Steven Dotson Red Realty (615) 896-1400 sdotson@redsavesgreen.com

Contact: Holly Sears Rutherford County Chamber of Commerce (615) 869-0345 hsears@rutherfordchamber.org

MURFREESBORO MURFREESBORO

MURFREESBORO

Lasseter Land (LAND) Acreage: 139.72 Price: $5,588,800 Comments: Ideal for industrial development, flat topography, more than one mile of frontage on I-24, industrial zoning potential, 45,000 cars per day, CSX rail adjacent to site. Contact: John Ward Colliers Turley Martin Tucker (615) 301-2834 jward@ctmt.com

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Molloy Lane (LAND) Acreage: 123

Armory Drive

Price: $13,053,375 Comments: Zoned industrial land with I-24 frontage and bordering Stones River. Located near the I-24 exit @ Salem Highway. Contact: Tammy C. Neal Swanson Development (615) 896-0000 tammy@swansondev.com

(LAND) Acreage: 44 Price: Call Comments: Commercially zoned land, located N.W. of Armory Dr. and Old Fort Pkwy. intersection. Property is divisible. Contact: Jim Smythe Jim Smythe Leasing (615) 896-0765

RUTHERFORD COUNTY ECONOMIC GUIDE

MURFREESBORO

Hwy. 99 & Warrior Dr.

Memorial Blvd.

Wilkerson Crossroads

(LAND) Acreage: 41.74

(LAND) Acreage: 29.37

(LAND) Acreage: 18.6

Price: $11,500,000

Price: $7,175,000

Price: Call

Comments: Can be priced by outparcel upon request. Great location at the new I-24 interchange at New Salem Rd.

Comments: Currently zoned OGR and RS-15. Great location on Memorial Blvd. near Thompson Ln.

Comments: Three lots available. This highly visible corner site is situated in the fastest growing area of Murfreesboro. Located at the intersection of Manson Pike & Brinkley Rd., access to I-24 & I-840 is very convenient.

Contact: John Harney The Parks Group (615) 896-4045 jharney@theparksgroup commercial.com

Contact: Jonathan D. Jones Red Realty (615) 225-2060 jjones@redsavesgreen.com

MURFREESBORO MURFREESBORO MURFREESBORO

Jackson Park Manson Pike & Fortress Blvd. (LAND) Acreage: 35 Price: Call Comments: Located at I-24 & Exit 76. Prime commercial location with interstate visibility. Easy access to Medical Center Pkwy. and The Avenue. Contact: John Harney The Parks Group (615) 896-4045 jharney@theparksgroup commercial.com

(LAND) Acreage: 21.7 Price: $4.50 per sq. ft. Comments: Industrial or commercial opportunity adjacent to the new Joe B. Jackson interchange. Three lots available. Contact: John Harney The Parks Group (615) 896-4045 jharney@theparksgroup commercial.com

RUTHERFORD COUNTY ECONOMIC GUIDE

Memorial Blvd. & Cedar View Dr. (LAND) Acreage: 13.7 Price: Call Comments: 13.7 acres total, 10 acres of commercial property, 1 to 1.5 acre out lots available. Retail, office and out lots available. Contact: Steven Dotson Red Realty (615) 896-1400 sdotson@redsavesgreen.com

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site guide MURFREESBORO

MURFREESBORO

1556 Gresham Ln.

Gateway Outparcels

Rutledge Way

(LAND) Acreage: 11.5

(LAND) Acreage: 11

(LAND) Acreage: 10.62

Price: Call

Comments: Located along the Manson Pike & Gateway exit. Proposed for office use.

Comments: 1.9 acre restaurant outparcel, 1.5 acre tracts $18.50 per sq. ft. Located in the Gateway across from the new hospital.

Comments: Zoned heavy industrial.

Contact: Bobby Kirby Investment Partners, LLC (931) 607-8770 bobbykirby@blomand.net

Contact: John Harney The Parks Group (615) 896-4045 jharney@theparksgroup commercial.com

Contact: Jim Smythe Jim Smythe Leasing (615) 896-0765

MURFREESBORO

MURFREESBORO MURFREESBORO

Elam Road (LAND) Acreage: 9.54

Manson Pike & Gresham Lane (LAND) Acreage: 11.49 Price: Call Comments: Located at I-24 & Exit 76. Prime commercial location with interstate visibility. Easy access to Medical Center Pkwy. & The Avenue. Contact: John Harney The Parks Group (615) 896-4045 jharney@theparksgroup commercial.com

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Price: $4,155,624

Joe B. Jackson

Comments: This site backs I-24, currently zoned residential, but would allow for a re-zoning to Office/Retail.

(LAND) Acreage: 10.86 Price: Call Comments: Will divide or build to suit. Restaurant, convenience store, retail location. Zoned CH.

Contact: Tammy C. Neal Swanson Development (615) 896-0000 tammy@swansondev.com

Contact: Bobby Kirby Investment Partners, LLC (931) 607-8770 bobbykirby@blomand.net

RUTHERFORD COUNTY ECONOMIC GUIDE

MURFREESBORO

301 & 303 Sulphur Springs Rd.

820 Bridge Ave.

Old Fort Pkwy.

(LAND) Acreage: 6.7

(LAND) Acreage: 5.3

(LAND) Acreage: 5

Price: $1,000,000

Price: Call

Price: $2,900,000

Comments: Up to five lots available, property located just off high-traffic Memorial Blvd., all PSI testing complete and ready to be built on immediately. Perfect for medical/ office park.

Comments: West Main Ave. is located on the north side. Street frontage on three sides. All utilities.

Comments: +/-5 acres zoned commercial highway, 370’ of frontage x 600’ sideline.

Contact: Jim Smythe Jim Smythe Leasing (615) 896-0765

Contact: Steven Dotson Red Realty (615) 896-1400 sdotson@redsavesgreen.com

Contact: John Goodman Red Realty (615) 896-2Red johngoodman@redsavesgreen.com

MURFREESBORO MURFREESBORO

MURFREESBORO

460 Butler Rd. (LAND) Acreage: 5.27

Northfield at Tennessee Blvd.

Price: $85,000 per acre

(LAND) Acreage: 6

Comments: Interstate exposure, undeveloped, includes acre rail spur.

Price: Call

Contact: Mike Russell Horrell Company (615) 300-7114 mrussell@horrellcompany.com

Comments: Great visibility, good traffic, new intersection. Ideal for banks and convenience retail/office. Contact: Rob Foss Vision Real Estate (615) 467-3788, Ext. 15 rfoss@visionrealestateco.com

RUTHERFORD COUNTY ECONOMIC GUIDE

Lascassas Pike (LAND) Acreage: 4 Price: $2,090,880 Comments: New Lascassas Hwy. (St. Rt. 96) and Rutherford Blvd. 230’x477’ large lot. Lots available at $15 per sq. ft. Will build or divide to suit. Great location for restaurant, retail or bank. Contact: Bobby Kirby Investment Partners, LLC (931) 607-8770 bobbykirby@blomand.net

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site guide MURFREESBORO

Lascassas Pk. & E. Northfield Blvd. (LAND) Acreage: 1.5 Price: $980,100 Comments: Two outparcels available. Perfect location for commercial, retail, bank or restaurant. Contact: Bobby Kirby Investment Partners, LLC (931) 607-8770 bobbykirby@blomand.net

MURFREESBORO

Memorial Blvd. & Thompson Ln. (LAND) Acreage: 1.15 Price: $18.50 per sq. ft. Comments: Two outparcels available for the new Publix Shopping Center. 1.09 acre at $17.50 per sq. ft. and 1.15 acre at $18.50 per sq. ft. Contact: John Harney The Parks Group (615) 896-4045 jharney@theparksgroup commercial.com

The Avenue Murfreesboro (OFFICE/RETAIL) Square Footage: 98,900 Lease: Call Comments: Min. divisible 1,200 sq. ft. Retailers include Belk, Barnes & Noble, Cost Plus World Market, Linens ‘N Things, Dick’s Sporting Goods, Best Buy, Ulta, Off Broadway, Old Navy, Michael’s, Ann Taylor Loft, Chico’s, White House/ Black Market, Talbots, Coldwater Creek, New York & Company. Contact: Vince O’Toole Cousins Properties Inc. (972) 432-3611 vinceotoole@cousinsproperties.com

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Thompson Lane & Robert Rose

Westlawn

(LAND) Acreage: 1.2

(OFFICE/RETAIL) Square Footage: 400,000

Price: Call

Lease: Call

Comments: High-traffic outparcel and retail location. Existing traffic signal at Robert Rose and Thompson Lane near The Avenue Lifestyle Center and across from The Oaks Shopping Center. Great 1.2-acre outparcel available, ideal for banks and restaurants.

Price: Call

Contact: Rob Foss Vision Real Estate (615) 467-3788, Ext. 15 rfoss@visionrealestateco.com

Contact: Micah Lacher Holrob Investments and Commercial Realty (615) 564-2270 mlacher@holrob.com

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Comments: On the new Beesley Road Interchange off of I-840. Outparcels available and up to 400,000 sq. ft. of retail space. Can also accommodate office users within certain sections of our development.

Shoppes at Middle Tennessee (OFFICE/RETAIL) Square Footage: 60,000 Lease: $16 Net Comments: New façade under construction with easy access to downtown Murfreesboro and MTSU campus. Located on a newly widened five-lane boulevard with easy access to the new I-24/Salem Hwy. interchange. Contact: Tammy C. Neal Swanson Development (615) 896-0000 tammy@swansondev.com

RUTHERFORD COUNTY ECONOMIC GUIDE

MURFREESBORO

520 N.W. Broad St. (OFFICE/RETAIL) Square Footage: 57,802 Price: $995,000 Comments: 1.3 acres, total of four existing buildings, three leased, zoned commercial highway, high visibility. Contact: John Goodman Red Realty (615) 896-2RED johngoodman@redsavesgreen.com

MURFREESBORO

Office Lofts at the Avenue (OFFICE/RETAIL) Square Footage: 32,929 Lease: Call Comments: Second-story office space above retail. Part of 811,000-sq.-ft. mixed-use development. Class A office finishes and build out. Visibility from and easy access to Medical Center Pkwy. and I-24. Immediately adjacent to New Embassy Suites Hotel & Conference Center. Contact: Greg Coleman Colliers Turley Martin Tucker (615) 301-2918 gcoleman@ctmt.com

RUTHERFORD COUNTY ECONOMIC GUIDE

MURFREESBORO

Stone Gate Corporate Center I (OFFICE/RETAIL) Square Footage: 30,000 Lease: $19.50 Comments: Fourth floor remaining. Excellent corporate headquarters locations. Corporate campus atmosphere. Contact: John Harney The Parks Group (615) 896-4045 jharney@theparksgroup commercial.com

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site guide MURFREESBORO

MURFREESBORO

Stone Gate Corporate Center II

814 S. Church St.

Providence Pointe Center

(OFFICE/RETAIL) Square Footage: 20,000

(OFFICE/RETAIL) Square Footage: 12,500

(OFFICE/RETAIL) Square Footage: 8,500

Lease: $21.50

Price: $1,500,000

Comments: Pre-leasing in a new class A medical building located in the Gateway Office Park. Across from the new Murfreesboro hospital.

Lease: $10-$20 Net

Contact: John Harney The Parks Group (615) 896-4045 jharney@theparksgroup commercial.com

Lease: $12.50 Net

Comments: Great location on busy street and located near downtown and I-24. Multi-tenant office building with lots of common restrooms and lots of parking.

Comments: Brand new facility located less than one mile from MTSU, and surrounded by miniwarehousing, carwash, multifamily and single-family development. Contact: Tammy C. Neal Swanson Development (615) 896-0000 tammy@swansondev.com

Contact: Tammy C. Neal Swanson Development (615) 896-0000 tammy@swansondev.com

MURFREESBORO MURFREESBORO

MURFREESBORO

313 S. Church St. (OFFICE/RETAIL) Square Footage: 16,411

1517 Sarah Court

The Oaks Village

Price: $2,040,000

(OFFICE/RETAIL) Square Footage: 10,500

(OFFICE/RETAIL) Square Footage: 7,150

Lease: $10 Net

Lease: Call

Comments: An attractive building with brick and glass fronts with I-24 exposure and located between two I-24 interchanges.

Comments: Three ideal retail/ restaurant spaces available. At Thompson Lane near Medical Center Parkway. Property is across from The Oaks Shopping Center.

Lease: $12 Net Comments: Commercial building previously used as a Goldâ&#x20AC;&#x2122;s Gym in a high-traffic downtown location. Attractive retail with lots of parking. One block from city hall, county courthouse and city square. Contact: Tammy C. Neal Swanson Development (615) 896-0000 tammy@swansondev.com

RCECONOMICGUIDE.COM

Contact: Tammy C. Neal Swanson Development (615) 896-0000 tammy@swansondev.com

Contact: Kevin Howell Brookside Properties (615) 627-1904 khowell@brooksideproperties.com

RUTHERFORD COUNTY ECONOMIC GUIDE

MURFREESBORO

2540 S. Church St. (OFFICE/RETAIL) Square Footage: 6,000 Lease: Call Comments: Located in a retail strip center; 133 ft. of frontage on Church St., high-traffic area. Contact: Bobby Kirby Investment Partners (931) 607-8770 bobbykirby@blomand.net

MURFREESBORO

Cason Lane Center (OFFICE/RETAIL) Square Footage: 5,000 Lease: $20 Comments: 1,200 to 5,000 sq. ft. of available space, new development, corner visibility within high growth area. Contact: Rob Foss Vision Real Estate (615) 467-3788, Ext. 15 rfoss@visionrealestateco.com

RUTHERFORD COUNTY ECONOMIC GUIDE

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site guide MURFREESBORO

MURFREESBORO

Northfield Crossing

641 Broadmor

1480 S. Church St.

(OFFICE/RETAIL) Square Footage: 4,995

(OFFICE/RETAIL) Square Footage: 4,200

(OFFICE/RETAIL) Square Footage: 3,393

Lease: $14

Lease: $14.75

Price: $786,500

Comments: Hastings-anchored center, huge visibility and high traffic counts make Northfield Crossing an exciting opportunity for retailers.

Comments: +/-4,200 sq. ft. available. Eight or nine individual offices, central area for cubicles, reception and kitchen. Great central location.

Lease: $13.50 Net

Contact: Jim Lebberes Vision Real Estate (615) 467-3788, Ext. 27 jlebberes@visionrealestateco.com

Contact: John Harney The Parks Group (615) 896-4045 jharney@theparksgroup commercial.com

Comments: A multitenant building located at busy intersection and close to I-24 with great visibility. Contact: Tammy C. Neal Swanson Development (615) 896-0000 tammy@swansondev.com

MURFREESBORO

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1607 N.W. Broad St. Innsbrooke Towne Square (OFFICE/RETAIL) Square Footage: 4,200 Lease: $17 Comments: 1,400 to 4,200 sq. ft. of available space in Kroger-anchored center. Landlord contributions available. Immediate occupancy. Contact: David McDowell Vision Real Estate (615) 467-3788, Ext. 44 dmcdowell@visionrealestateco.com

RCECONOMICGUIDE.COM

Consumerâ&#x20AC;&#x2122;s Insurance

(OFFICE/RETAIL) Square Footage: 3,000

(OFFICE/RETAIL) Square Footage: 4,015

Price: $599,000

Lease: $18.50 Gross

Comments: Established (10 years) auto dealership business also available. Can be purchased with or without inventory, office and garage space, three bays with lifts, 200' road frontage, 32,000+ daily traffic count.

Comments: Custom finishes, class A property, space can be demised down to 1,963 or 2,250 sq. ft. Contact: Chad Poff NAI Mathews (615) 850-2707 cpoff@nainashville.com

Lease: $4,900NNN

Contact: Radley Hendrixson NAI Mathews (615) 850 2745 radley@nainashville.com

RUTHERFORD COUNTY ECONOMIC GUIDE

MURFREESBORO

Northfield Courtyard (OFFICE/RETAIL) Square Footage: 3,000 Lease: End cap, $16 per sq. ft.; Interior Unit, $14 per sq. ft. Comments: Two 3,000 sq. ft. spaces available. Great location on the corner of N.W. Broad and W. Northfield next to Cingular Wireless and La Siesta. Contact: John Harney The Parks Group (615) 896-4045 jharney@theparksgroup commercial.com

MURFREESBORO

CONSOLIDATED UTILITY DISTRICT

Shoppes at Memorial (OFFICE/RETAIL) Square Footage: 2,600 Lease: Call Comments: Two spaces available. Shoppes of Memorial is located on Memorial Blvd. near Clark Blvd., excellent visibility. Murfreesboro is the home of MTSU, the state’s largest undergraduate university. Contact: Charlie Warfield Brookside Properties (615) 467-3400 cwarfield@brooksideproperties.com

RUTHERFORD COUNTY ECONOMIC GUIDE

Providing Service for Today • Building for the Future

Mission Statement

To provide safe drinking water for all residential, industrial and governmental agencies.

709 New Salem Highway • Murfreesboro, TN 37129

(615) 893-7225 • www.cudrc.com

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site guide MURFREESBORO

MURFREESBORO

Northfield Boulevard

Northfield Court

St. Andrews Place

(OFFICE/RETAIL) Square Footage: 2,500

(OFFICE/RETAIL) Square Footage: 2,300

(OFFICE/RETAIL) Square Footage: 1,500

Lease: Call

Lease: $11.50 per sq. ft.

Lease: $18

Comments: Great visibility, high traffic counts, +/-2,500 sq. ft. available.

Comments: Located in a high-traffic area in the Publix-anchored Northfield Court Shopping Center. There is an additional $2.12 per sq. ft. in expenses.

Comments: Great location and visibility. High-growth area.

Contact: Jon Parker Vision Real Estate (615) 467-3788, Ext. 19 jparker@visionrealestateco.com

MURFREESBORO

Contact: John Harney The Parks Group (615) 896-4045 jharney@theparksgroup commercial.com

Contact: Justin Sterling Vision Real Estate (615) 467-3788, Ext. 24 jsterling@visionrealestateco.com

MURFREESBORO

730-A Middle Tennessee Blvd. Memorial Shops (OFFICE/RETAIL) Square Footage: 2,400 Lease: Call Comments: Bays ranging from 1,600 to 2,400 sq. ft. in prime retail location, directly adjacent to Kroger and brand new Rite Aid. Average household incomes top $85,000. Contact: Elizabeth K. Davidson Holrob Investments and Commercial Realty (615) 564-2274 edavidson@holrob.com

RCECONOMICGUIDE.COM

(OFFICE/RETAIL) Square Footage: 1,500

Shops of Murfreesboro

Lease: $8.50 Net

(OFFICE/RETAIL) Square Footage: 2,000 Lease: Call Comments: Bay sizes ranging from 1,400-2,000 sq. ft. Minutes from I-24 in two directions. Close proximity to The Avenue retail development and the Oaks Shopping Center.

Comments: Newly constructed flex building with brick and glass entries located between two I-24 interchanges. Contact: Tammy C. Neal Swanson Development (615) 896-0000 tammy@swansondev.com

Contact: Elizabeth K. Davidson Holrob Investments and Commercial Realty (615) 564-2274 edavidson@holrob.com

RUTHERFORD COUNTY ECONOMIC GUIDE

MURFREESBORO

Subdivision Design Site Planning Roadway Design

Water & Sewer Design Land Planning Land Surveying

The Oaks Corner (OFFICE/RETAIL) Square Footage: 1,440 Lease: Call Comments: Three spaces available. Across the street from The Oaks and close proximity to The Avenue. Great high-traffic location. Contact: Kevin Howell Brookside Properties (615) 627-1904 khowell@brooksideproperties.com

2115 NW Broad St. Murfreesboro, TN 37129 (615) 893-4084 Fax: (615) 893-0080 hsengr@bellsouth.net

MURFREESBORO

CREATING A BETTER QUALITY OF LIFE. Water Sanitary Sewer Repurified Water Stormwater

Gateway Shops (OFFICE/RETAIL) Square Footage: 1,437 Lease: Call Comments: Three bays left! Directly adjacent to Aldi, across the street from The Oaks Shopping Center, close to Shops of Murfreesboro and The Avenue. Less than a mile from I-24 in two directions. 20,220+ cars a day on Thompson Lane. Contact: Elizabeth K. Davidson Holrob Investments and Commercial Realty (615) 564-2274 edavidson@holrob.com

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Murfreesboro Water and Sewer Department 300 N.W. Broad St. (615) 848-3209 www.murfreesborotn.gov/government/ water_sewer/water_sewer_index.htm

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Rutherford Crossing

1806 Memorial Blvd.

(OFFICE/RETAIL) Square Footage: 1,400

(OFFICE/RETAIL) Square Footage: 1,360

Lease: $20

Price: $125 per sq. ft.

Comments: 1,400 sq. ft. in 20'x70' sections, new Kroger-anchored retail center two miles from MTSU. Space is currently being turned over to tenants.

Lease: $14.50 per sq. ft.

Contact: Kay O. Berry Vision Real Estate (615) 467-3788, Ext. 12 kberry@visionrealestateco.com

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NCW Car Wash (OFFICE/RETAIL) Square Footage: Call Price: $1,600,000

Comments: Tenant is responsible for their share of pro-rate real (approx. $1.25 per sq. ft. per year) and utilities. Contact: John Harney The Parks Group (615) 896-4045 jharney@theparksgroup commercial.com

Contact: Jason Powell NAI Mathews (615) 850-2736 jpowell@nainashville.com

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Shoppes of South Rutherford Phase II (OFFICE/RETAIL) Square Footage: 1,400 Lease: $18 per sq. ft. Base, $2.90 CAM Comments: Excellent retail location, close proximity to MTSU, five-year lease term. Contact: Bobby Kirby Investment Partners, LLC (931) 607-8770 bobbykirby@blomand.net

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Comments: Built in 2004, .7-acre, one touch-free automatic with Water Wizard equipment, one softcloth automatic with Auto Tech equipment, six self-service bays with Dilling & Harris equipment in bay, doors that speak English and Spanish, water softener, spot-free rinse and heated floors.

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Shoppes of South Rutherford Phase I

SunTrust Bank Building

(OFFICE/RETAIL) Square Footage: 1,200

(OFFICE/RETAIL) Square Footage: Call

Lease: $16 Base, $2.50 CAM

Lease: $16.50

Comments: Located opposite College Central, a Wal-Martanchored shopping center. Close proximity to MTSU, five-year lease term.

Comments: Prominent downtown office building just off the square. Ideally located near government/ city offices as well as judicial buildings.

Contact: Bobby Kirby Investment Partners, LLC (931) 607-8770 bobbykirby@blomand.net

Contact: John Harney The Parks Group (615) 896-4045 jharney@theparksgroup commercial.com

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328 Weakley Lane (INDUSTRIAL) Square Footage: 244,000 Price: $12,500,000 Comments: Located on 17.283 acres plus 23.854 acres of development land, 4,000 sq. ft. office, zoned industrial. Contact: J.P. Lowe Charles Hawkins Co. (615) 345-7212 jplowe@chco.com

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700 Swan Drive (INDUSTRIAL) Square Footage: 122,175 Price: $3,795,000 Lease: $2.95 Net Comments: 6,000 sq. ft. office, wet sprinkler, various building dimensions, skylights, four miles from I-24, four miles from I-840 and two miles from Nissan. Contact: Robert Stout Charles Hawkins Co. (615) 345-7210 rstout@chco.com

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605 Enon Springs

200 Weakley Lane

Keystone Industrial Park

(INDUSTRIAL) Square Footage: 60,000

(INDUSTRIAL) Square Footage: 30,000

(INDUSTRIAL) Square Footage: 10,000 sq. ft. BTS

Lease: $4.50 per sq. ft. per year

Price: $1,750,000

Lease: Call

Comments: Great location across from Nissan, 14 dock doors and two drive-in doors.

Lease: $6 per sq. ft.

Comments: Very nice, flat industrial corner available for build to suit. Excellent visibility along Weakley Ln., can accommodate 10,000 sq. ft. facility, zoned light industrial.

Contact: Tammy C. Neal Swanson Developments (615) 896-0000 tammy@swansondev.com

Comments: Expansion potential, entire building is air-conditioned, 2.9 acres. Contact: Robert Stout Charles Hawkins Co. (615) 345-7210 rstout@chco.com

Contact: Terry C. Smith Charter Development Company (615) 329-8000 info@charterdevelopment.com

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251 Mayfield Drive (INDUSTRIAL) Square Footage: 40,000 Lease: $3.50 Net Comments: Across the street from the Smyrna post office situated on 12 acres. This masonry distribution, manufacturing or warehouse building is wet sprinkled with dock and drive-in access. Contact: Tammy C. Neal Swanson Developments (615) 896-0000 tammy@swansondev.com

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8000 Safari Drive

I-24E & Almaville Rd.

(INDUSTRIAL) Square Footage: 20,100

(LAND) Acreage: 57

Price: $85 per sq. ft.

Price: $1,700,000

Lease: $8-$9.50 Net Comments: Each unit is 2,550 sq. ft. with a brick and glass entry, wet sprinklers, concrete and asphalt parking and metal roof. Maximum contiguous is 12,750 sq. ft. Contact: Tammy C. Neal Swanson Developments (615) 896-0000 tammy@swansondev.com

Comments: Excellent industrial development site, all utilities available, zoned industrial. Contact: J.P. Lowe Charles Hawkins Co. (615) 345-7212 jplowe@chco.com

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Enon Springs Road (LAND) Acreage: 20 Price: $1,800,000 Comments: Across from Nissan Plant on Enon Springs Rd., utilities available, level topography, potential industrial zoning (I-2), excellent for light manufacturing, mini warehouse/self storage, or multifamily. Contact: Buck Haltiwanger Nashville Commercial (615) 727-7410 bhaltiwanger@ncres.com

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Tridon Lane (LAND) Acreage: 16 Price: $7,380,000

Municipal Engineering Services Water • Sewer • Storm Water • Roadways Parks & Greenways Plans Review Subdivision Regulations Development MS4 Storm Water Program Residential & Commercial Development Subdivisions • Site Plans • Utilities Construction Administration Services

Comments: Property to be developed as commercial/industrial park. Perfect for hotel, fast food or shopping complex. Fronts on I-24 and adjacent to warehouse/ manufacturing facility and new convenience store, build to suit. Contact: Tammy C. Neal Swanson Development (615) 896-0000 tammy@swansondev.com

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Seven Oaks Commercial

Smyrna Industrial Park

Cedar Forest Business Center

(LAND) Acreage: 15

(LAND) Acreage: 8.41

(OFFICE/RETAIL) Square Footage: 58,000

Price: $217,000 per acre

Price: $125 per sq. ft.

Comments: All utilities on site, will subdivide down to two-acre lots, some sites suitable for retail, +/-2 miles to access I-24.

Lease: $15 per sq. ft. Base

Price: $18.50 per sq. ft. Comments: 1.10- to 15-acre site available, zoned C-2, great location for retail center, near the I-24 and Almaville Rd. interchange. Contact: John Harney The Parks Group (615) 896-4045 jharney@theparksgroup commercial.com

Contact: John Ward Colliers Turley Martin Tucker (615) 301-2834 jward@ctmt.com

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Comments: New class A construction, flexibility in size and design, custom finishes, located between Nissan Dr. and Sam Ridley Pkwy. Contact: James Yates Red Realty (615) 566-2880 james@jamesyates.com

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Cedar Grove & Rock Springs Rd. (LAND) Acreage: 11

Sam Ridley Parkway (LAND) Acreage: 7.73

Jim Parker & Rock Springs Rd.

Price: Call Price: $3,900,000 Comments: Located just off Sam Ridley Pkwy. Great site for medical office, one lot away from Stonecrest Hospital. Contact: Terry Garvin Red Realty (615) 642-4052 terry@teamgarvin.com

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Comments: Four lots available, great location â&#x20AC;&#x201C; Sam Ridley Pkwy., just past Expo Center Dr. Contact: John Harney The Parks Group (615) 896-4045 jharney@theparksgroup commercial.com

(OFFICE/RETAIL) Square Footage: 58,000 Price: $125 per sq. ft. Lease: $15 per sq. ft. Base Comments: Retail strip center and commercial office spaces coming soon. Contact: James Yates Red Realty (615) 566-2880 james@jamesyates.com

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• • •

291 Sam Ridley Pkwy.

•

Commercial/Industrial Wiring Design/Build Ball Park Lighting Traffic Signalization

(OFFICE/RETAIL) Square Footage: 40,000 Lease: Call Comments: Future 40,000-sq.-ft. retail center located along Sam Ridley Pkwy. Contact: Michael W. Groos Charles Hawkins Co. (615) 345-7209 mgroos@chco.com

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Ser ving Ruther ford County Since 1963 952 New Salem Road Murfreesboro, TN 37129 (615) 893-2511

WWW.SANDWCONTRACTING.COM

Murfreesboro Insurance Agency Since 1978

Business • Auto Home • Life • Health

Smyrna Physicians Pavilion

Gary W. Taylor Owner/Agent

Kim Eischeid Agent

(OFFICE/RETAIL) Square Footage: 28,335 Lease: $18.50 per sq. ft. Comments: Prime medical/class A office location. Easy access to I-24, directly across from StoneCrest Medical Center. 1st floor: 9,400 sq. ft., 2nd floor: 18,935 sq. ft. Contact: John Harney The Parks Group (615) 896-4045 jharney@theparksgroup commercial.com

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805 S. Church St., Ste. 14

(615) 893-9524 www.murfreesboroinsurance.com murfreesboro@bellsouth.net

Please call and let us be of service to you

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Save Money. Smell the Flowers.

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DESIGN / BUILD CONSTRUCTION F IELD SERVICES SPECIAL PROJECTS M AINTENANCE

CONSTRUCTION INC.

“One Source … Total Solution” Middle Tennessee Division  N.W. Broad St. Murfreesboro, TN 

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RoseConstruction.com Murfreesboro • Jackson Covington • Memphis

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The Shops at Sam Ridley

Shoppes at Movie Row

Smyrna Square

(OFFICE/RETAIL) Square Footage: 20,000

(OFFICE/RETAIL) Square Footage: 10,000

(OFFICE/RETAIL) Square Footage: 1,600

Lease: Call

Lease: $14.50-$16

Comments: Class A prime retail space, projected completion Spring 2009, 24,500 average daily traffic count, close proximity to downtown Nashville and Murfreesboro.

Comments: 800 to 10,000 sq. ft. available. Next to the new Super Target-anchored Colonial Town Square at I-24 and Sam Ridley.

Comments: Anchored by Goodwill, Family Dollar and Eckerd. Front and center with great visibility.

Contact: Elizabeth K. Davidson Holrob (615) 564-2274 edavidson@holrob.com

Contact: Bobby Kirby Investment Partners, LLC (931) 607-8770 bobbykirby@blomand.net

Contact: Jim Lebberes Vision Real Estate (615) 467-3788, Ext. 27 jlebberes@visionrealestateco.com

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315 Wolverine Trail Rock Springs Road Medical Office Building (OFFICE/RETAIL) Square Footage: 15,000 Lease: $13 per sq. ft. Comments: Two-story building that can offer shared resources such as conference room and secretarial services. Soon to be built. Fantastic location near hospital. Contact: Mechelle Sullivan Red Realty (615) 573-0010 mechellestermite solutions@yahoo.com

350 South Lowry (OFFICE/RETAIL) Square Footage: 4,071 Price: $900,000 Comments: Approx. 39 parking spaces, approx. 60 acres, built in 1998, sale includes building, furniture, fixtures and equipment. Contact: Carnell Scruggs NAI Nashville (615) 850-2716 cscruggs@nainashville.com

RUTHERFORD COUNTY ECONOMIC GUIDE

(OFFICE/RETAIL) Square Footage: 1,186 Price: $1,395,000 Comments: 1.02 acres, 150+ ft. fronting on Sam Ridley. Double drive-thru building with 484 sq. ft. floor space; 1,186 sq. ft. under roof, ample expansion capability, traffic count: 38,822 VPD, excellent opportunity to purchase a property with all utilities, landscaping, retention pond, paving and new building in place. Contact: Catherine (Chuck) Collins NAI Nashville (615) 850-2708 ccollins@nainashville.com

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site guide

Automotive Technology Business Systems Technology Computer Operations Technology Dental Assisting Drafting and CAD Technology Heating, Air-Conditioning and Refrigeration Technology

| Industrial Electrical

| | | | | | |

Machine Tool Technology Pharmacy Technician Phlebotomy Practical Nursing Special Industry Training Surgical Technology Technology Foundations

Maintenance Technology

1303 OLD FORT PARKWAY | MURFREESBORO, TN 37129 (615) 898-8010 | WWW.TTCMURFREESBORO.EDU

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Neel-Schaffer www.neel-schaffer.com Ragan Smith www.ragansmith.com Rose Construction www.roseconstruction.com Rutherford County Chamber of Commerce www.rutherfordchamber.org

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Rutherford County Courthouse – Mayor’s Ofﬁce

General Mills www.generalmills.com

S&W Electrical Contracting www.sandwcontracting.com

Huddleston-Steele Engineering

SEC Inc. www.sec-civil.com

Middle Tennessee Electric Membership Corporation www.mtemc.com Middle Tennessee Medical Center www.mtmc.org Murfree & Murfree PLLC www.murfreeatty.com

Nashville Career Advancement Center www.ncacworkforce.org

Smyrna/Rutherford County Airport Authority www.smyrnaairport.com TDS Telecom www.tdstelecom.com

Murfreesboro Electric Department www.murfreesboroelectric.com

Tennessee Technology Center at Murfreesboro www.ttcmurfreesboro.edu

Murfreesboro Insurance Agency www.murfreesboroinsurance.com

The Parks Companies Inc. www.parkscompanies.com

Murfreesboro Water & Sewer Department www.murfreesborotn.gov/ government/water_sewer/ water_sewer_index.htm

Thompson Machinery www.thompsonmachinery.com

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Town of Smyrna www.townofsmyrna.org

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