01-28-2011 @ 4:15 am

SDG's Point Place To House Faneuil's New Call Center

SDG Value Fund I, LP has executed a 15,700 square foot lease with Faneuil Inc, for space at its Point Place II office building in Nashville, Tennessee.  The Hampton, Virginia base Faneuil will be creating a new 200 seat call center in the new facility that is scheduled to open January 31.

Faneuil joins Omnicell Inc., as the second out of state company to locate a major new facility in Point Place II in the last six months.  Omnicell, a publicly traded medical software company based in California, opened a 25,000 square foot office in July.

"As a rapidly growing company, we are often faced with rapid deployments that demand flexibility and committed real estate partners.  When presented with an opportunity in Nashville, we were fortunate to find the perfect partner in SDG who's worked with us to create a wonderful working environment for our employees.  Point Place will be a long term investment for Faneuil as we look for additional capacity in Nashville," according to Anna Van Buren, Faneuil's CEO.

Point Place II is a 50,000 square foot office building located on Donelson Road just north of I-40 and the Nashville International Airport.  "Faneuil is a great addition to our building and our community," says Mark Parker, a principal at SDG Advisors in Atlanta, the firm that operates SDG Value Fund I.  "We're excited that Faneuil chose Point Place to be their Nashville home," he added.  The Faneuil lease brings Point Place to over 85% leased.

Faneuil (www.faneuil.com) provides call center services for clients including Dominion Virginia Power, Virginia Department of Transportation, E-ZPass operations, the Metropolitan Washington Airports Authority, Florida's Agency for Workforce Innovation and the Miami Dade Expressway.

Leasing agent Richard Fleming represented Faneuil and Billy Lyell represented SDG.  Fleming and Lyell are both with Cornerstone Commercial Real Estate Services of Tennessee, a Cushman & Wakefield Alliance Member.  Shandi Harmon of Interior Design Services designed the space.

SDG Advisors provides opportunities for high net worth individuals, family trusts, and other accredited investors to participate in a diversified, institutional-style real estate fund.  SDG Value Fund I is an investment vehicle that focuses on real estate with significant capital appreciation potential.  SDG also owns the 100,000 square foot Metro Exchange building in Nashville's Metro Center development.

For additional information, check out this link: www.tennessean.com/article/20110128/BUSINESS01/110128027/Virginia-company-plans-200-seat-call-center-Nashville

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