NAI Charter Announces October's Completed Transactions

 

CHATTANOOGA, TN: November 3, 2017 – NAI Charter is pleased to announce completed commercial real estate transactions for the month of October in excess of $10.8 million. David F. DeVaney, SIOR, CCIM and President, stated that NAI Charter closed 4 commercial transactions involving 110,035 SF of space.

 

Transactions:

  • Arnold Farmer, SIOR, completes a long-term lease at 5600 Brainerd Rd. The tenant, Cherokee Health Systems, Inc, will lease 19,994 SF of office space at Eastgate Town Center.

 

  • Chad Wamack sold a vacant gas station at 728 Park City Rd in Rossville, GA. The former Kangaroo Convenience store sits on half an acre.

 

  • Jeff Jennings, CCIM sold an industrial building located at 1908 Cowart Street. The 13,280 SF building was purchased by Mtn View Acquisitions who was represented by Parker Wamack.

 

  • Jeff Jennings, CCIM sold an Investment property located at 5510 Hwy 153. The 74,346 SF building was purchased by Asset Preservation, Inc.

 

NAI Charter’s current property inventory is in excess of $60 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! Three brokers hold the SIOR designation and three hold the CCIM 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, Charter Management Company whom currently manages 28 commercial properties totaling over 1,190,015 SF.  To learn more, visit www.naicharter.com

 

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