NAI Charter Completes Transaction For Regions Bank

Chad Wamack and E. Parker Wamack of NAI Charter Real Estate Corporation announce the completion of a sale for Regions Bank. The facility was previously the Prebul Ford Dealership in Ringgold, GA. The 34,115 sf car dealership is located at 348 Industrial Drive in Ringgold, GA on 6.1 acres. The sales price was $900,000. The Purchaser, Post Commercial, LLC, is the owner and operator of Global Parts, Inc. which is a supplier of brand new repair parts, maintenance items and accessories for the heavy duty truck and trailer industry. Global parts Inc, specializes in brake, suspension, cargo control, lighting, electrical, exhaust, filtration and body parts for all makes of over-the road trailers and trucks.

NAI Charter Real Estate Corporation is Chattanooga’s leading commercial and industrial real estate service provider. In 2010, the company completed over $34 million in commercial and industrial transactions. The 39-year old company has a staff of 7 full time brokers, 4 of them holding the SIOR designation and 5 holding the CCIM designation.

NAI Charter is a member of NAI Global. NAI has members in over 350 cities and 40 countries giving NAI Charter the ability to service client’s real estate needs anywhere in the world by providing local knowledge with international reach. NAI Global has an annual commercial and industrial transaction volume of $40 billion dollars and is the world’s largest managed real estate network.