NAI Charter Announces Sale of McDonald Farm to Hamilton County
For Immediate Release
NAI Charter | J Bryan Rudisill, SIOR email@example.com
CHATTANOOGA, TN | December 27, 2021 - NAI Charter Real Estate Corporation announces the completion of the sale of historic McDonald Farm to Hamilton County. Bryan Rudisill, SIOR, vice-president of NAI Charter represented the McDonald family. The farm had been in the same family for 8 generations. The farm includes approximately 2,170 acres roughly 1,600 acres in Hamilton County and the balance in Rhea County.
The purchaser, Hamilton County, is planning to develop the site to multi-purpose use including some 700 to 800 acres of industrial with the balance in residential, green space and community-oriented service. The site is north of Chattanooga at the Rhea County line in Sale Creek, TN. It is reachable by Dayton Pike, Hwy 27 and is served by Norfolk Southern rail line.
Instrumental to the transaction are: Mayor Jim Coppinger of Hamilton County; Mike St. Charles, Chambliss Bahner law firm; Frank McDonald, for the seller and Brain Kopet of Title Guaranty and Trust.
About NAI Charter
Founded in 1972, NAI Charter is Chattanooga's premier commercial real estate service provider. Combined, our staff of eight full-time brokers offers more than 100 years of experience! Two brokers hold the SIOR designation and two hold the CCIM designation. NAI Charter's national resources 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.
NAI Charter Management currently manages 35 commercial properties totaling over 950,000 SF. For more information, visit www.naicharter.com.
About NAI Global
NAI Global is a leading global commercial real estate brokerage firm. NAI Global offices are leaders in their local markets and work in unison to provide clients with exceptional solutions to their commercial real estate needs. NAI Global has more than 300 offices strategically located throughout North America, Latin America, Europe, Africa and Asia Pacific, with over 5,100 local market professionals, managing in excess of over 1.1 billion square feet of property. Annually, NAI Global completes in excess of $20 billion in commercial real estate transactions throughout the world.
NAI Global provides a complete range of corporate and institutional real estate services, including brokerage and leasing, property and facilities management, real estate investment and capital market services, due diligence, global supply chain and logistics consulting and related advisory services.
To learn more, visit www.naiglobal.com