NAI CHARTER Handles VW Supplier Deal

Jeff Jennings, CCIM of NAI Charter Real Estate Corporation announces the execution of a lease between Volkswagen supplier Montara and David Gardner.

Jeff Jennings represented Montara in the lease of 9,000sf of Office and Industrial space at 3737 Pilot Point. The recently constructed property will be used by Montara to supply packaging materials to the nearby VW plant which is currently under construction.

Montara is a global provider of one way and returnable packaging for the auto industry whose client list, in part, contains basically all the major European automakers. Christoph Dimer, CEO founded the company in 1990 in Berlin, Germany.

The landlord was represented by John Rewcastle of Re/Max.

NAI Charter Real Estate Corporation is Chattanooga’s leading commercial and industrial real estate service provider. In 2009 the company completed over $29 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 and 4 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.