NAI Charter Brokers Two Industrial Transactions at the Close of 2014
Chad and Parker Wamack of NAI Charter announce the sale of excess property at 8811 Production Lane, Ooltewah, TN. The 62,115 sf facility on 7 acres is located in the Mountain View Industrial Park. NAI Charter represented the Seller, David Morris with Habitat International. Habitat International is downsizing and relocating their facility to 3806 Amnicola Hwy. The Buyer, Remington Industries, was represented by Ben Pitts with Walldorf Commercial. Remington is currently located adjacent to the existing facility and will be expanding their manufacturing operation. The expansion by Remington marks another significant investment in the Chattanooga Industrial market at the close of 2014.
Chad and Parker Wamack of NAI Charter announce the sale of the property at 3806 Amnicola Hwy. The 27,600 sf facility on 2.44 acres is located directly on Amnicola Hwy in the heart of the Amnicola industrial area. The Buyer, David Morris with Habitat International, was represented by NAI Charter and the Seller was represented by Lee Harper, Hudson Commercial. The facility has excellent office to warehouse ratio with good ceiling height and service doors. The relocation by Habitat International to Amnicola Hyw was a perfect fit in size and location.
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, 5 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 14 commercial properties totaling over 550,000 SF. The Charter Management team specializes in streamlining property operations through contractor/vendor discounts, fixed cost reduction and tenant satisfaction and retention.
About NAI Global
NAI Charter is a member of NAI Global which is the single largest, most powerful global network of owner-operated commercial real estate brokerage firms. NAI Global provides a full-range of corporate real estate services, including brokerage and leasing, property and facilities management, real estate investment and capital market services, due diligence, global supply chain consulting and related advisory services. Founded in 1978, today NAI Global member firms span the US and 54 other countries, with 400 offices and more than 5,000 local market experts on the ground, completing $55 billion of transactions annually.