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 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.
According to the release, 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.
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.
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.
“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.”
“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.”
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.”
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