A boutique commercial real estate firm providing building owners the highest level of property management and leasing services, located in Nashville, the state capital of Tennessee (and the world capital of honky-tonks).
Formed in 1996 by Richard Fletcher, 511 GROUP is Nashville’s premier boutique real estate firm providing property management and leasing services for building owners, predominantly in the urban core. 511 GROUP offers institutional experience with local expertise, well established business and community relationships, dedicated staff, and an entrepreneurial spirit.
511 GROUP has received several recognitions, including:
BOMA Building of the Year
CoStar Power Broker
NAIOP lease of the year
President & Principal Broker
Richard is the president and principal broker of 511 Group. He has over 30 years experience in commercial real estate, including management, leasing and development.
511 Group’s boutique size, allows Richard to oversee the property management for his clients and to lead all leasing efforts. A long time Nashvillan, he has garnered important relationships with brokers, vendors, contractors, business leaders and community organizations.
Richard has a wide range of tenant transactions and relationships ranging from small and large law firms, social media companies, venture capitalists, banks, and local and state governmental agencies.
Under Richard’s leadership, 511 Group has been fortunate to serve a broad base of clients, including institutional, private REIT, and high net worth individuals.
Richard is active on professional, community and charitable boards: Nashville Downtown Partnership, Central Improvement District, Downtown District Energy System, Nashville Historic Zoning Appeal Commission and Board Chair of Backfield-In-Motion, a not-for-profit benefitting inner city male youths. He previously served on the Nashville Board of Zoning Appeals, Nashville Traffic Commission, YMCA and Crisis Intervention Center boards.
Richard is a graduate of the University of Tennessee School of Architecture. Prior to real estate, he was an interim at Skidmore Owings & Merrill and at a large architectural firm in Nashville. He is a licensed broker and architect.
511 Union Street
Nashville, TN 37219