BlueCross Sells Huge Tract Along River For $8.1 Million | NAI Charter
BlueCross Sells Huge Tract Along River For $8.1 Million
Thursday, January 18, 2018
BlueCross BlueShield has sold a huge tract along the riverfront in Lupton City for $8.1 million.
The purchaser is listed as Riverton LLC., 651 E. 4th St., Suite 403, Chattanooga.
BlueCross had bought the 216-acre site in 2001 as a possible site for its corporate headquarters.However, it wound up building a $299 million campus on Cameron Hill instead.
BlueCross started actively marketing the property in 2014, listing it for $10.1 million.
NAI Charter Realty at one time appeared to have the property sold, but an Augusta developer backed out on the purchase.
BlueCross bought it from Dixie Yarns, which formerly operated a mill nearby.
It includes the nine-hole Dupont Golf Course.
There are 154 acres on the river, making it a prime development spot.
The purchase covers five different parcels.