H.G. Hill Realty Company

What H.G. Hill Realty Company does

H.G. Hill Realty Company is a privately held, family-owned commercial real estate owner, developer, and property manager headquartered in Nashville, Tennessee, with operations tracing back to 1895 when founder H.G. Hill, Sr. began acquiring properties for his grocery stores. The company was formally incorporated in 1926 and divested its grocery operations in 1993 to focus exclusively on building and managing a Middle Tennessee real estate portfolio that now exceeds 2.5 million square feet across more than a dozen named properties, anchored by the Hill Center brand of mixed-use lifestyle centers in Green Hills, Brentwood, Belle Meade, Franklin, Hermitage, and other Nashville-area submarkets.

The company's core product is mixed-use commercial real estate: master-planned lifestyle centers that combine retail, Class A office, restaurant, hospitality, and (in select cases) residential components, alongside standalone retail, office, industrial/storage, and land holdings. Signature assets include the 240,000-square-foot Hill Center Green Hills (anchored by Whole Foods, Anthropologie, Pottery Barn, and Williams Sonoma) and the 17-acre, $220 million Hill Center Brentwood development (600,000 sq ft in 10 buildings, including the 141-room AC Hotel by Marriott and an 81,000 sq ft SVMIC headquarters). The company earns revenue primarily through negotiated, quote-based commercial leases on a per-property basis, supplemented by ground-up development and re-tenanting of existing assets. The operating platform is conventional, with no disclosed AI, software, or digital product layer, and distribution is driven by a direct leasing team complemented by broker partnerships (e.g., Southeast Venture) and property-specific websites.

The company targets four primary tenant segments — retail, office, restaurant, and hospitality — serving a mix of national anchor brands, regional chains, and local SMB tenants. Go-to-market is sales-led and relationship-driven, supported by a sustained program of philanthropy to 400+ nonprofits since 1999, earned media through Gray Public Relations, and an industry award record from ULI, NAIOP, ICSC, and ASLA that reinforces brand credibility in the local market. Ownership and governance are controlled by a family ownership council across six generations, with Jimmy Granbery serving as Chair and CEO.

Name

H.G. Hill Realty Company

Legal name

H.G. Hill Realty Company, LLC

Website

https://hghill.com

Company type

Private

Founded year

1895

Operating status

Operating

Headcount range

101–250 employees

Short description

H.G. Hill Realty Company is a sixth-generation, family-owned Nashville commercial real estate owner, developer, and property manager operating a 2.5+ million square foot portfolio of mixed-use Hill Center lifestyle centers, retail, office, and hospitality properties across Middle Tennessee, leasing space to national and regional retail, office, restaurant, and hotel tenants.

Ownership category

akta.pro rank

Headquarters

HQ city

Nashville

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Infrastructure, Marketing or Sales, Supply Chain

Revenue model

1. Commercial Property Leasing: H.G. Hill Realty Company generates revenue through leasing commercial retail, office, and restaurant spaces in their mixed-use lifestyle centers and other properties throughout Nashville and surrounding areas. The company owns and manages over 2.5 million square feet of commercial real estate.
2. Property Development: The company undertakes ground-up development of mixed-use lifestyle centers, generating revenue through the development process and subsequent leasing of newly created commercial spaces.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels4 records

Core offering

H.G. Hill Realty Company owns, develops, and manages a privately held portfolio of more than 2.5 million square feet of commercial real estate in Nashville and Middle Tennessee. The company leases mixed-use lifestyle centers, retail centers, Class A office space, and restaurant properties to commercial tenants, and undertakes ground-up development of new mixed-use destinations such as Hill Center Green Hills and Hill Center Brentwood.

Product overview

H.G. Hill Realty Company operates a diversified real estate portfolio of more than 2.5 million square feet in the Nashville and Middle Tennessee area. The company's core offerings consist of mixed-use lifestyle centers (Hill Center brand: Green Hills, Brentwood, Acklen, Belle Meade, Franklin, Greenwood, Hermitage, Nashville West, Sylvan Heights, Caldwell Park, Five Points), standalone retail properties, Class A office spaces, industrial/storage facilities, land for development, and residential apartments. The flagship Hill Center Green Hills is a 240,000 sq ft outdoor lifestyle center, while Hill Center Brentwood represents the company's largest project at $220 million spanning 17 acres with 600,000 sq ft of mixed-use development. The company, family-owned for six generations since 1895, provides leasing services for retail, office, restaurant, and other commercial tenants across its properties.

Differentiator

Problem solved

Functional benefit

Brands

• Hill Center Green Hills: Mixed-use 240,000 square foot outdoor lifestyle center in Nashville's Green Hills area, anchored by Anthropologie and Whole Foods.
• Hill Center Brentwood
• Hill Center Belle Meade
• Hill Center Franklin
• Hill Center Hermitage
• Hill Center Greenwood
• Hill Center Sylvan Heights
• Hill Center Caldwell Park
• Hill Center Five Points
• Hill Center Nashville West

Products and services

• Hill Center Green Hills Mixed-use outdoor lifestyle center in Nashville's Green Hills neighborhood, spanning 240,000 square feet. Anchored by Anthropologie and Whole Foods with more than 20 specialty shops and several restaurants. Leased to national retail brands.
• Hill Center Brentwood Mixed-use lifestyle center development in Brentwood, Tennessee, spanning 17 acres at the intersection of Franklin Road and Maryland Way. The $220 million development includes 600,000 square feet of office, retail, restaurant, and hotel space across 10 buildings, featuring AC Hotel by Marriott and Class A office space.
• Hill Center Acklen Mixed-use retail and office property located at 1807-1817 21st Avenue South, Nashville, TN 37212. Leased to retail and office tenants.
• Hill Center Belle Meade Mixed-use retail and office center at 4314-4328 Harding Pike, Nashville, TN 37205, in the Belle Meade submarket. Leased to retail and office tenants.
• Hill Center Franklin Retail property at 926-1028 Columbia Avenue, Franklin, TN 37064. The company submitted a demolition application in 2021 for unoccupied structures to explore future development.
• Hill Center Greenwood Mixed-use retail center at 1112 Gallatin Ave, Nashville, TN 37206, anchored by Publix Super Market.
• Hill Center Hermitage Retail center at 4453-4477 Lebanon Pk., Hermitage, TN 37076, leased to retail tenants.
• Hill Center Nashville West Mixed-use retail and office center at 6606 Charlotte Pike, Nashville, leased to retail and office tenants.
• Hill Center Sylvan Heights Retail center at 4001 Charlotte Pike, Nashville, TN 37206, leased to retail tenants.
• Hill Center Caldwell Park Retail center at 4928 Edmondson Pike, Nashville, leased to retail tenants.
• Hill Center Five Points Mixed-use retail and office center at 970 Woodland Street, Nashville, leased to retail and office tenants.
• Armory Park (Armory Hill) Mixed-use development at 3011 Armory Drive, Nashville, TN 37204, featuring office, retail, and the BMW of Nashville dealership. Houses the company's corporate headquarters.
• Retail Property Portfolio Diversified retail properties across Middle Tennessee including locations in Hendersonville, Clarksville, Goodlettsville, Gallatin, Madison, and Donelson, often anchored by national retailers such as Walgreens, Advance Auto, and Dollar General/pOpshelf.
• Office Property Portfolio Class A office spaces across multiple locations including Hill Commons at 6740 Charlotte Pike, Sidco Drive, 2950 Kraft Drive, and office buildings within various Hill Center properties.
• Industrial/Storage Properties Industrial and storage facilities including the Sidco Drive location at 2985 Sidco Drive, leased to industrial and storage tenants.
• Land Properties Land holdings available for development including Goodlettsville (414 Dickerson Pike), Germantown (416 Jefferson Street), and various other sites.
• Acklen Flats Residential apartment complex at 2100 Acklen Avenue, Nashville, TN 37212, offering 1 and 2 bedroom floor plans.
• Village Center Apartments Residential apartments at 1700 21st Avenue South, Nashville, offering Studio, Loft, and 1 BR units.

Quantifiable outcome

• Over 2.5 million square feet of managed commercial real estate portfolio
• +2 more outcomes

Named customers14 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Three partnerships are on record, tiered core and minor.

• Doradus PartnerscoreStrategic or Co-development Partner · 1 September 2021Joint venture partner with H.G. Hill Realty Company on the AC Hotel Brentwood development at Hill Center Brentwood. Doradus Partners is a privately held boutique real estate development company headquartered in Huntsville, Alabama with a satellite office in Orlando, Florida. Founded by Srinath Yedla in 2016, the company develops hotels within the Southeastern United States.
• Yedla Management CompanycoreStrategic or Co-development Partner · 1 September 2021Hotel management partner for AC Hotel Brentwood, headquartered in Huntsville, Alabama. Yedla Management Company has an affiliation with Doradus Partners and brings award-winning hospitality management expertise to the joint venture.
• Project RedesignminorOthers · 1 December 2020Nashville-based nonprofit that provides room makeovers for low-income families and interior redesigns for community centers. H.G. Hill Realty Company donated furniture and housewares from approximately 30 apartments to support the organization's mission of furnishing homes for families coming out of homelessness or treatment.

Scale indicators6 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• Southeast Venture: Nashville-based commercial real estate firm that is listed as H.G. Hill's brokerage partner for tenant representation. Operates in the same Nashville/SE market with comparable office, retail, and mixed-use focus.
• Boyle Investment Company: Memphis-based, multi-generational real estate developer and investor active across Tennessee with a long history of mixed-use, office, and retail development. Highly comparable regional peer with similar family-influenced governance and Tennessee geographic footprint.

Broad incumbents

• Highwoods Properties: Public REIT headquartered in Raleigh with a major Nashville office portfolio, providing directly comparable Best-in-Class office and mixed-use exposure in the same Sun Belt markets H.G. Hill serves.
• Regency Centers: National grocery-anchored shopping center REIT with a strong Sun Belt footprint and emphasis on lifestyle-oriented retail centers that mirror H.G. Hill's Hill Center concept.
• Federal Realty Investment Trust: National REIT focused on mixed-use lifestyle and open-air centers (e.g., Bethesda Row, Santana Row). Comparable premium lifestyle center strategy with Whole Foods, Anthropologie, and Williams Sonoma as common tenants.
• Kimco Realty: Largest publicly traded shopping center REIT in North America with open-air centers including grocery-anchored and mixed-use properties. Comparable tenant mix (Publix, national retailers) and Sun Belt exposure.
• Cousins Properties: Sun Belt-focused Class A office REIT with Atlanta, Charlotte, Austin, and Nashville exposure. Comparable high-quality office strategy in the same growth markets, including H.G. Hill's Class A office space.
• Brixmor Property Group: Open-air shopping center REIT with a national portfolio of grocery-anchored centers. Highly comparable to the legacy/standalone retail portion of H.G. Hill's portfolio.
• Phillips Edison & Company: Public REIT focused on grocery-anchored neighborhood and community shopping centers. Comparable small-format retail strategy with similar tenant base (national grocers, F&B, services).

Regional players

• GBT Realty Corporation: Nashville-headquartered retail real estate developer and investor focused on the Southeast. Competes with H.G. Hill for retail sites, anchor tenants, and development opportunities in the Nashville MSA.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/h-g-hill-realty-co

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about H.G. Hill Realty Company