NAI Charter Announces July's Completed Transactions

CHATTANOOGA, TN: August 2, 2016 – NAI Charter is pleased to announce completed commercial real estate transactions for the month of July in excess of $2.7 million. David F. DeVaney, SIOR, CCIM and President, stated that NAI Charter closed 7 commercial transactions involving 27,530 SF of space and 2 acres of land.

 

Transactions:

  • David DeVaney, SIOR, CCIM completed a long-term lease on an expansion for Elliott Davis Decosimo. The tenant added an additional 2,254 SF to its already 36,000 SF of office space at 629 Market Street.

 

  • Jeff Jennings, CCIM completes a lease to Jim Felton. The tenant will occupy 3,900 SF of industrial space at 4295 Cromwell Rd.

 

  • Chad Wamack sold commercial land located at 4428 Hwy 58 for Tom and Susan Harker. The land is approximately 0.75 acre.

 

  • Jeff Jennings, CCIM completes a retail lease to Hot Yoga Plus. The tenant will occupy 2,739 SF at 2 Northshore.

 

  • David DeVaney, SIOR, CCIM completes a lease at CBL Center. First TN bank will occupy 4,237 SF of office space at 2034 Hamilton Place Blvd.

 

  • David DeVaney, SIOR, CCIM completes a lease to Baker Distribution. The tenant will occupy 14,400 SF of industrial space at 4191 South Creek Road.

 

  • Chad Wamack sold commercial land located at 5595 Hixson Pike. The 1.25 acres of land was purchased by Christian Brothers Auto.

 

NAI Charter’s current property inventory is in excess of $80 million dollars.

 

About NAI Charter

Founded in 1972, NAI Charter is Chattanooga’s premier commercial real estate service provider. Combined, our staff of 6 full-time brokers offers more than 100 years of experience! Four brokers hold the SIOR designation; four hold the CCIM designation; and one holds the MAI designation. NAI Charter’s national resourced and local knowledge help us exceed expectations by delivering finely tuned, premium services. We also offer a full service property management division, NAI Charter Management Company whom currently manages 12 commercial properties totaling over 934,116 SF.  

 

Contact:  Mary Brannon  I   423.267.6549  I   mary@charterre.com