NAI CHARTER Announces Sale of Premium Industrial Facility

J. Bryan Rudisill SIOR, CCIM VicePresident and David DeVaney, SIOR, CCIM, President of NAI Charter Real Estate Corporation announce the completion of a sale of a 30,000sf of manufacturing space located at 767 River Terminal Rd just off Amnicola Hwy in the Center South Riverport Industrial Park. The property consisted of 4.86 acres. The purchaser, Dillard Partnership, represented by Mr. DeVaney intends to place the property on the market For Lease. Mr. Rudisill represented the owner SBC111 REO, LLC out of Denver, CO.

About NAI Charter

Founded in 1972, NAI Charter is Chattanooga’s premier commercial and industrial real estate service provider with a staff of 7 full time brokers with 4 holding the SIOR designation, 4 holding the CCIM designation and 1 holding the MAI designation. NAI Charter also offers a full-service property management division,

Charter Management Company. Charter Management Company currently manages 15 commercial properties totaling over 800,000 SF. The Charter Management team specializes in streamlining property operations through contractor/vendor relations, fixed cost reduction and tenant satisfaction and retention.