our history - Tessier Associates

828-254-9842
TessierAssociates.com
82 Patton Ave., Suite 700
Asheville, NC 28801
O U R
T
H I S TO RY
essier Associates, Inc. was created in 1985 as a development service company to plan,
develop, lease, sell and manage commercial investments in Western North Carolina. In its
first years of business, Tessier became very involved in the redevelopment of downtown Asheville,
an area that experienced $200 million in reinvestment over a five-year period. Working with
various investors and developers, they participated in the development of a number of downtown
properties, later taking lessons learned to other cities in the southeast.
BROKERAGE
|
PROPERTY MANAGEMENT
|
D EVE LO P M E NT
828-254-9842
TessierAssociates.com
82 Patton Ave., Suite 700
Asheville, NC 28801
O UR
SERVI C ES
BROKERAGE
• List property for sale or lease
• Acquisitions and assemblages
• Represent buyers/tenants as buyers agent
• Business location: buy, lease, build to suit
• Acquisition of investment properties; 1031 exchanges
• Sales and leasing for new development
PROPERTY MANAGEMENT
• Leasing vacancies
• Collecting rents and association dues
• Tenant/owner relations
• Property and grounds maintenance
• Supervising on-site operations
• Hiring and supervising vendors
• Preparing capital and operating budgets
• Accounting and bookkeeping
• Regular reporting and client meetings
DEVELOPMENT
• Site selection and acquisition
• Site analysis
• Front-end planning, programming & feasibility studies
• Preparation of loan package and securing financing
• Working with project architect to prepare preliminary designs
• Market analysis
• Structuring the deal and securing equity
• Contractor selection and negotiation
• Project management
• Governmental relations
• Public relations
828-254-9842
TessierAssociates.com
82 Patton Ave., Suite 700
Asheville, NC 28801
CHARLES W. T ES S I ER
P RES I D EN T & OW N ER
P
ossessing a BS in Engineering Operations
and a Master of Urban Design from NC
State University, Chuck served as the Director
of Planning for Buncombe County for 10 years
prior to establishing Tessier Associates in 1985. As
planning director, Chuck created the county’s first
community-based planning program, helped create
the Asheville-Buncombe Water Agreement, crafted
the county’s sub-division ordinance, rehabilitated
land-fill sites, and facilitated the expansion of the
Asheville Regional Airport. In his capacity he
oversaw planning and managed numberous public
works and economic development projects.
As owner of Tessier Associates, he is widely recognized for his key role in the redevelopment of downtown Asheville.
He has planned, developed and brokered numerous new and rehabbed projects across the region and has served as a
planning and redevelopment consultant in the Southeast for cities in North Carolina, Georgia, Tennessee and Florida.
As president, Chuck heads the development and investment service division of Tessier Associates.
Since 2009 Tessier has also been extremely involved with Pensacola, Florida. Working on numerous projects including
Community Maritime Park, Urban Redevelopment Advisory Committee Plan and Maritime Place. He also managed
the redevelopment of 445 Biltmore after a tragic fire in 2011.
828-254-9842
TessierAssociates.com
82 Patton Ave., Suite 700
Asheville, NC 28801
P O RT F O LI O
C
huck Tessier and his team have led the project management on a
number of significant developments from North Carolina to Florida,
ranging in size from 20,000 sq. ft. to 120,000 sq. ft. Selected projects include:
C A P I TA L
CO M M U N I T Y
C EN T ER
M A R I T I M E
M A R I T I M E
A S H EL A N D
M I D TOW N
60
P L AC E
C EN T ER
P L A Z A
H AY W O O D
H AY W O O D
PA R K
T I P TO N
445
PA R K
H O T EL
S T R EE T
B I LT M O R E
828-254-9842
TessierAssociates.com
82 Patton Ave., Suite 700
Asheville, NC 28801
C A P I TA L
T
C EN T ER
his former First Union building overlooking Pritchard Park in downtown Asheville was
purchased by a group of area investors and underwent a multi-million dollar renovation.
Chuck Tessier, president and owner of Tessier Associates, and John Rogers, FAIA, principal of
Rogers Chenevert Architects, served as managing partners for the development.
The eight-story property includes approximately 60,000 sq. ft. on eight floors with parking at the
rear of the building. The building includes office condominiums, ground floor retail and a rooftop
terrace event space with spectacular views. The office condominiums range in size from 1200 sq.
ft. to 6,200 sq. ft. for a full floor. The upper floors feature exterior balconies overlooking the park,
available for common use by the tenants of each floor.
828-254-9842
TessierAssociates.com
82 Patton Ave., Suite 700
Asheville, NC 28801
MA RI T I M E
L
P LAC E
ocated at Pensacola’s Community Maritime Park, Maritime Place is a four story 75,000
square foot class A office building currently being constructed overlooking the baseball
stadium. The $15M building will be home to two national health care firms, Studer Group and Em
Care. It is scheduled to open in October, 2014.
Tessier has served as owner’s representative though all the planning design consturction and start up
at this project.
828-254-9842
TessierAssociates.com
82 Patton Ave., Suite 700
Asheville, NC 28801
CO M M U N I T Y
MA RI T I M E PA RK
T
he Vince J. Whibbs, Sr. Community Maritime Park is a 35 acre multi-use, public private
park developed by the city of Pensacola on the Downtown waterfront. The park includes a
stadium that is currently home to the Pensacola Blue Wahoos baseball team, the AA affiliate of
the Cincinnati Reds. The park also offers an amphitheater that overlooks Pensacola Bay. Through
planning, design and development of the park and staduim Tessier represented Quint Studer, owner
of the Blue Wahoos.
828-254-9842
TessierAssociates.com
82 Patton Ave., Suite 700
Asheville, NC 28801
6 0
S
H AY W O O D
ixty Haywood was developed in 1987 for City Assets, LLC. The project includes fourteen
residential apartments, ground floor restaurant and retail spaces and a parking court at the rear.
It was a total rebuild of two downtown retail buildings. State and Federal historic tax credits were
used with the units converted to condominiums in 1994.
828-254-9842
TessierAssociates.com
82 Patton Ave., Suite 700
Asheville, NC 28801
EMP LOY M EN T
SECU RI T Y CO M M I S S I O N
ASHELAND CENTER
W
hen BOC Enterprises of Asheville determined to expand their facility at 48 Grove Street
in downtown Asheville, Tessier Associates was contracted as development coordinator of
the project. The newly expanded 28,000 square foot center was constructed around on-site existing
tenants, incorporating new construction with rehab of an oder property to Class A office space
with expanded on-site parking. Tessier coordinated planning and development, as well as providing
marketing, brokerage and property management services.
828-254-9842
TessierAssociates.com
82 Patton Ave., Suite 700
Asheville, NC 28801
H AY W O O D
H
PA RK
H OT EL
aywood Park was developed in 1987 converting a block of empty commercial buildings into
a mixed use project including a 33 room luxury hotel, three restaurants, 30,000 square feet of
office space, retail shops, an exhibit hall and a 133 space parking deck. The project revolves around a
three story skylit atrium.
828-254-9842
TessierAssociates.com
82 Patton Ave., Suite 700
Asheville, NC 28801
MI DTOW N
T
P LA Z A
his 18,000 square foot project is the conversion of a 1940’s warehouse into first quality office
space for a variety of tenants. Tessier Associates was retained to develop, lease and manage
the property on behalf of Midtown Plaza Associates, LLC.
828-254-9842
TessierAssociates.com
82 Patton Ave., Suite 700
Asheville, NC 28801
T I P TON
T
S T REE T
his 50,000 square foot mixed use project was developed in 2005. It contains street level
restaurants and retail with residential above. Three abandoned buildings were connected
together with a new elevator tower.
828-254-9842
TessierAssociates.com
82 Patton Ave., Suite 700
Asheville, NC 28801
4 4 5 B I LT M O R E
MED I CA L C EN T ER
T
his 120,000 square foot, six story, medical office building caught fire in July 2011 causing
severe water, smoke and fire damage throughout. Tessier Associates was retained by the
condominium association to manage its restoration, including relocation of tenants, managing
remediation, negotiationg the insurance settlement and managing the reconstruction of the core and
shell of the building.
828-254-9842
TessierAssociates.com
82 Patton Ave., Suite 700
Asheville, NC 28801
T EST I M O N I A L
“Mission Hospital would be remiss to not recognize the truly
monumental work by Tessier Associates, led by Chuck Tessier, property
manager for the 445 Biltmore condominium owners association.
From the morning after the fire, when Chuck and his team met with
Mission’s team to identify locations for the approximately 100,000
sq. ft. of displaced occupants, through incredibly intense fire damage
mitigation work and complex insurance discussions, Chuck was a
thorough, diplomatic, trustworthy and competent partner to Mission
and the existing owners of 445 Biltmore. I firmly believe that the single
most responsible person for seeing the rebirth of this building as a
prime location for healthcare is Chuck Tessier’s dogged determination
to coordinate all parties in finding common ground.”
True Morse
Vice President, Facilities
Mission Health System
828-254-9842
TessierAssociates.com
82 Patton Ave., Suite 700
Asheville, NC 28801
P RO J ECT & P RO P ERT Y
MA NAGEMEN T EX P ERI EN CE
Project/Property Name
Property Address
Property Type
Project Size
Company Role
Bryson Street
30 Bryson Street
Mixed
25,000
Development/Leasing/Management
Asheville, NC 28801
The Asheland Center
53 Asheland Center
Office
28,000 SF
Development/Leasing/Management
Asheville, NC 28801
Sixty Haywood
60 Haywood Street
Residential 24,000 SF
Development/Sales/Management
Asheville, NC 28801
Retail Restaurant
King Building
300 E. Main Street
Office/Restaurant
65,000 SF
Development/Leasing/Management
Johnson City, TN 37604
Tipton Street
Tipton Street
Res./Retail/Rest.
45,000 SF
Development/Sales/Management
Johnson City, TN 37604
Capital Center
82 Patton Avenue
Office/Restaurant
60,000 SF
Development/Sales/Management
Asheville, NC 28801
Doctors Park
417 Biltmore Avenue
Office
57084 SF
Leasing/Management
Asheville, NC 28801
Lark Publishing
67 Broadway
Asheville, NC 28801
Office
22,688 SF
37 Hiawassee
37 Hiawassee
Asheville, NC 28801
Residential Condos
32 Units
86 Victoria
86 Victoria Road
Asheville, NC 28801
Office
14663 SF
Haw Creek Center
611 Tunnel Road
Asheville, NC 28805
Retail Center
17,900 SF
Development
Sales
Leasing/Management
Development/Leasing/Management
Jackson Plaza
Grindstaff Cove Rd
Retail Center
87,000 SF
Leasing/Management
Sylva, NC 28779
Weaverville Plaza
93-173 Weaver Boulevard
Retail Center
135,000 SF
Leasing/Management
Weaverville, NC 28787
Aston Place
61 Church Street
Residential Condos
12 Units
Leasing/Management
Asheville, NC 28801
Beverly Hills Center
1078 Tunnel Road
Retail Center
14,026 SF
Leasing/Management
Asheville, NC 28805
Grove Arcade
One Page Avenue
Asheville, NC 28801
Retail, Office, Residential
270,000 SF
Leasing/Management
828-254-9842
TessierAssociates.com
82 Patton Ave., Suite 700
Asheville, NC 28801
P RO J ECT & P RO P ERT Y
MA NAGEMEN T EX P ERI EN CE
Project/Property Name
1 Vanderbilt
Property Address
1 Vanderbilt
Asheville, NC 28803
Property Type
Medical Office
Project Size
36138 SF
107 Merrimon Avenue
107 Merrimon Avenue
Asheville, NC 28801
Office
8000 SF
Leasing/Management
Southside Village
Mills Gap Road
Asheville, NC 28803
Residential Condos
74 Units
Management
29 Units
Management
20 Units
Management
120,000 SF
Development/Sale/Management
OP Building
84 Walnut Street
Residential Condos, Asheville, NC 28801
Office and Retail
Sawyer Motor Building
100 Coxe Avenue
Residential Condos & Offices
Asheville, NC 28801
Biltmore Avenue Medical Center
445 Biltmore Avenue
Asheville, NC 28801
Medical Office
Company Role
Management
828-254-9842
TessierAssociates.com
82 Patton Ave., Suite 700
Asheville, NC 28801
B RO KERAGE
1 985
A S S I G N M EN TS
-
2012
Home Depot Site 22 ac. Sale of six office condos to Mission Hospital Acquired six parcels for City of Asheville
Edgewood Knoll Apartments
172 units
Acquired First Union Bank
60,000 sf
Acquired Tipton Block
45,000 sf
Acquired King Building
50,000 sf
Office Condo at Biltmore School
13,000 sf
Lomo Grill
Restaurant
Acquired Asheville Hotel
40,000 sf
Leader Building
18,000 sf
Peoples Bank Building
8,000 sf
Drhumor Building
18,000 sf
Jackson Plaza
Shopping Center
Telco Credit Union site
One ac.
Victoria Ave
25,000 sf
Sears Building 70,000 sf
Ravenscroft
Office
Brevard Rd.
Manufacturing
Wild Iris Glen
18 lots
Booter Farms
100 ac