NAI Charter Completes Warehouse Transaction

James Fitzpatrick, SIOR, MAI, and David DeVaney, SIOR, CCIM of NAI Charter Real Estate Corporation announce the completion of a sale for a 35,973 SF warehouse on 3.24 acres located at 1524 E. Main Street. NAI Charter was the listing and selling agents. The sale price was $780,000. The Purchaser was Cramer Investments and the Seller was AKI, Arcade. The transaction occurred due to expansion and relocation by both Purchaser and Seller

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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 38-year old company has a staff of 7 full time brokers, 4 of them holding the SIOR designation, 4 holding the CCIM designation and 1 holding the MAI designation.

NAI Charter is a member of NAI Global. NAI has members in over 300 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.