Veteran Middle Tennessee Brokers Found New Commercial Real Estate Firm RealSite Commercial
Three top-performing brokers, formerly with Cushman & Wakefield's Nashville office, have founded a new commercial real estate brokerage firm ? RealSite Commercial ? with offices in Maryland Farms office park in Brentwood.
The firm's principals ? Ronnie Wenzler, Michael Havens and Madison Wenzler ? bring significant experience in commercial, industrial, retail and mixed-use real estate to the new venture. The team has closed hundreds of millions of dollars of real estate leases and sales throughout their careers in the Middle Tennessee market, including nearly half a billion dollars' worth of transactions in the past two years alone. The founding team also includes Kelsey Thomasson as senior director. Thomasson formerly served as senior research analyst for CBRE's Southeast Region and as director of research for the Nashville office of Colliers International.
Recent marquee transactions by firm principals in Middle Tennessee include the $56 million purchase and ongoing renovation of The Factory at Franklin, the $62 million sale of Airport Logistics Park Phase I and II, and the $20 million sale of a 300,000-square-foot industrial park at 730 Freeland Station Road. Notable clients the team has represented include Pella Windows, Second Harvest Food Bank, United Methodist Church, Gibson Guitar, Irby, Infinity Hospitality and Alley-Cassetty.
Overall, the three principals of RealSite Commercial have closed 382 real estate transactions valued at $493 million dollars since 2021, and in the past decade have generated more than $1 billion in total sales/lease volume.
"Michael, Madison and I enjoy everything about commercial real estate that actually moves the needle for our clients," Ronnie Wenzler said. "That's why RealSite is laser-focused on these things, versus accepting the bureaucratic compromises of a corporate-style firm. We are streamlining the client relationship at RealSite Commercial to maximize results in buying, selling and leasing commercial real estate on our clients' behalf. I'm looking forward to the most satisfying and productive chapter of my 40-year commercial real estate career in Nashville."
Madison Wenzler added that RealSite Commercial brings an entrepreneurial mindset to the commercial real estate business. "For our clients, commercial real estate is serious business, it's not a game or a sideline, and they need professionals who have the bandwidth, expertise and market knowledge required to provide customized solutions, and who are nimble enough to take advantage of change and turn it to their advantage. This is the attitude and results clients can expect from RealSite Commercial."
"The timing of founding this company could not be better," said Havens. "Thanks to the confluence of several factors ? such as Tennessee's national reputation as a business-friendly environment, the rapid transformation of Nashville into one of the nation's most opportunity-laden commercial real estate markets, the acceleration of significant capital into this market, Nashville's tremendous attraction to corporate headquarters and the young professionals needed to staff them, and the growing sophistication of the commercial real estate community here ? this is the perfect time to launch a commercial real estate firm that offers a customized, sophisticated approach matched with a block-by-block knowledge of the market. We are very excited about the future of RealSite Commercial."
About the Founding Members of RealSite Commercial
Ronnie Wenzler, SIOR
Managing Director, Partner
Past president of the Commercial Investment Division of the Greater Nashville Association of Realtors, Ronnie Wenzler is perennially ranked by Nashville business media as one of the region's most successful commercial real estate professionals, including Nashville Post In Charge - Real Estate, Nashville Business Journal Commercial Real Estate MVP and Power Leaders in Commercial Real Estate, among many other honors. In addition to representing clients in the sale, purchase and lease of millions of square feet of commercial real estate during his 39 years of service in the Middle Tennessee market, he is also renowned for developing some of the region's most innovative real estate projects.
Michael Havens, CCIM
Managing Director, Partner
Michael Havens combines advanced education and training in commercial real estate with over 15 years of experience of deal-making in the Middle Tennessee market, where he is behind the sale or lease of hundreds of millions of dollars of office, industrial, retail, flex and mixed-use real estate, as well as land sales. Named a Top Ten Producer for the world's second largest commercial real estate company the last four years, Michael is consistently ranked one of the top brokers in the Middle Tennessee market by owners and users of commercial real estate.
Madison Wenzler
Managing Director, Partner
Whether it's finding short term solutions or closing large multi-market corporate transactions, Madison Wenzler brings the market intelligence and unrelenting energy required to compete at the highest levels in Middle Tennessee's highly competitive commercial real estate market. Specializing in the leasing and sale of industrial and office properties, Madison works closely with his clients to assure he understands their needs and that they understand all pertinent opportunities in the market ? including opportunities not obvious to most. Among his marquee transactions is the sale of The Factory at Franklin, one of Middle Tennessee's most significant commercial real estate contracts in recent years.
Kelsey Thomasson
Senior Director
A seasoned professional in the Nashville real estate industry, with over 14 years of experience, Thomasson previously served as senior research analyst at CBRE for the Southeast Region and director of research at Colliers International's Nashville office. During her tenure at CBRE, a Fortune 500 and S&P 500 company, she played a pivotal role in collecting, analyzing, and communicating market data about the Middle Tennessee commercial real estate market, serving the needs of clients that ranged from regional businesses to institutional investors to Fortune 500 companies.
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