QUORUM HEALTH CORP.

QUORUM HEALTH CORP.

LEASES FIRST BUILDING DEVELOPED BY SOUTHEAST VENTURE FOR DIMENSION AT MALLORY PARK IN BRENTWOOD

Southeast Venture announced that Quorum Health Corp. has signed a long-term lease for a 40,000-square-foot building that the commercial real estate firm is developing in Mallory Park, an office park near Cool Springs Galleria in Brentwood.The newly leased building is one of two 40,000-square-foot buildings Southeast Venture is developing on a 12.5-acre lot on Mallory Lane known as Dimension at Mallory Park Phase I. The two buildings will surround a courtyard, giving the project a “campus feel.” Southeast Venture is the architect for the building and the firm will also provide interior design services to guide the build-out of the premises for Quorum. Southeast Venture’s leasing team, Michael Finucane and J.C. Darby, represented their company in the lease transaction and Bo Tyler and Tom Hooper of JLL represented the tenant. T.W. Frierson Contractor is the builder for the project.

Quorum Health Corp.’s new headquarters will be the first building constructed in Phase II of Mallory Park, a 33.5-acre parcel north of the original office park that was rezoned for commercial use in 2010. Southeast Venture is the developer of Mallory Park and will continue to own the building with its investors.

“We are very pleased that Quorum Health Corp. has elected to keep its headquarters in Brentwood. Mallory Park will be a great new home for the company, especially with the new Flagpole Park within walking distance,” said Brentwood Mayor Regina Smithson.

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“In order to meet Quorum’s timeline, we plan to begin tenant construction on October 15 and have the building ready for occupancy by early next year,” said Southeast Venture Principal Cam Sorenson. “We are prepared to meet this aggressive deadline: the concrete slab is already poured, utilities are already being installed and walls began going up last week. The type of structure we are building – which is similar to a two- office complex we developed in MetroCenter for HealthSpring – goes up quickly.”

“Quorum will occupy 50 percent of the total space available at Mallory Park,” said Finucane. “We’ve had a lot of activity and are looking forward to filling the remaining 40,000 square feet soon.”

About Southeast Venture

Founded in 1981, Southeast Venture is a diversified commercial real estate and design services company guided by a mission of “Building Value by Valuing Relationships.” The firm provides and coordinates the delivery of brokerage, development, architectural and interior design and property management. This unique, comprehensive approach to commercial real estate offers a cost effective and efficient way of meeting its clients’ commercial real estate needs. For more information, visit SoutheastVenture.com, or find Southeast Venture on Twitter @SEVentureCRE.

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