Lender moves to Metrocenter

Friday, August 17, 2007 at 2:15pm

A nonprofit lender to disadvantaged small businesses has a new headquarters near MetroCenter.

Southeast Community Capital Corporation (SCC) of Nashville has acquired a new 10,000-square-foot corporate headquarters, officials at Colliers Turley Martin Tucker commercial real estate services said Friday.

The building, located at 201 Venture Circle near MetroCenter, was formerly the home of the Tennessee Bankers Association, which is now based on Athens Way. SCC had previously been housed in East Nashville office space provided through a public-private partnership with The Metropolitan Development and Housing Agency.

“The acquisition of this headquarters facility establishes our permanent presence in the marketplace and will greatly enhance our ability to serve our customer base,” said Clint Gwin, president of SCC, in a statement Friday.

SCC is a community development financial institution (CDFI) that provides loans to disadvantaged small businesses. Founded in 1999, the company now has more than $12 million in assets, according to company information, and operates branch offices in Knoxville and Memphis. SCC has completed more than 280 loans, totaling approximately $20.6 million.

SCC was represented in the deal by Walker Willse of Colliers and Charley Hankla of the Society of Industrial and Office Realtors. Financing was provided by Pinnacle Financial Partners.

Filed under: City Business