NAI Charter Reports Strong Third Quarter with Nearly $30 Million in Commercial Real Estate Transactions
FOR IMMEDIATE RELEASE
CHATTANOOGA, TENNESSEE | October 6, 2026 | NAI Charter continued its strong performance in the Chattanooga commercial real estate market during the third quarter of 2026, completing $29.8 million in total transaction volume across office, industrial, retail, land and investment property.
The firm’s third-quarter activity represented 262,360 square feet of commercial real estate and 51.32 acres, reflecting continued demand across multiple sectors of the Chattanooga region.
Office Market Leads Diverse Leasing Activity
Office transactions accounted for $8.58 million in third-quarter volume, including approximately 97,516 square feet of office transactions. Activity included leases at prominent Chattanooga locations such as Warehouse Row, CBL Center, 736 Market Street and other office properties throughout the market.
Industrial Activity Remains a Major Driver
Industrial transactions generated $11.82 million in third-quarter volume, including approximately 143,859 square feet of transactions. The quarter included significant leasing and investment activity, highlighted by the 43,973-square-foot sale of 3720 Amnicola Highway for $6.2 million.
Retail Transactions Add $1.5 Million in Volume
Retail activity contributed $1.50 million during the quarter, with transactions totaling approximately 13,235 square feet. The quarter included leases at Hamilton Place, including 3,375 square feet leased at 2200A Hamilton Place Boulevard and an additional 3,375-square-foot lease at 2200B Hamilton Place Boulevard.
Land Transactions Exceed $7 Million
Land transactions represented another significant portion of NAI Charter’s third-quarter activity, totaling $7.08 million across 51.32 acres. The quarter included the sale of 35,000 square feet of land in Kingsport for $850,000, as well as two significant land sales on Coliseum Boulevard in Mississippi totaling $5.8 million.
Investment Activity
NAI Charter completed $850,000 in investment property transactions during the third quarter, including the sale of a 7,750-square-foot property at 444 W. Center Street in Kingsport to Tessera Development.
A Diverse Third Quarter Reflects Market Confidence
“The third quarter demonstrates the continued depth and diversity of Chattanooga’s commercial real estate market,” said David F. DeVaney, SIOR, President of NAI Charter. “We continue to see strong activity across industrial, office and retail, while land and investment transactions highlight the opportunities available throughout the region and surrounding markets.”
With activity spanning leasing, sales and land transactions, NAI Charter’s third-quarter results reflect the firm’s broad capabilities and its continued role in serving owners, investors, landlords and tenants throughout the Southeast.
About NAI Charter
Founded in 1972, NAI Charter is Chattanooga’s premier commercial real estate service provider. Combined, our staff of eight full-time brokers offers more than 180 years of experience! Four brokers hold the SIOR designation, and two have the CCIM designation. NAI Charter’s national resources and local knowledge help us exceed expectations by delivering finely tuned, premium services. We also offer a full-service property management division that currently manages 28 commercial properties totaling just over 1,100,000 SF. For more information, visit www.naicharter.com.
About NAI Global
NAI Global is a leading global commercial real estate brokerage firm. NAI Global offices are leaders in their local markets and work in unison to provide clients with exceptional solutions to their commercial real estate needs. NAI Global has more than 300 offices strategically located throughout North America, Latin America, Europe, Africa, and Asia Pacific, with over 5,100 local market professionals, managing in excess of 1.1 billion square feet of property and facilities. Annually, NAI Global completes over $20 billion in commercial real estate transactions throughout the world.
Public Relations Contact: Mary Brannon, Director of Marketing | mary@charterre.com