NAI CHARTER Sells Site in the Southside Redevelopment District
Chad and Parker Wamack of NAI Charter successfully represented the owner, John N. Austin Sr. Childrens Trust in facilitating the sale of the site at 221 West 20th Street Chattanooga, TN. The Purchaser, Mountain View Acquisition, LLC plans to redevelop the site in the future. The South Side redevelopment district continues to progress as the Chattanooga commercial market improves.
NAI Charter is Chattanooga’s leading commercial and industrial real estate service provider. In 2011, the company completed over $47 million in commercial and industrial transactions. The 40-year old company has a staff of 7 full time brokers, 4 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 325 cities and 55 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 $45 billion dollars and is the world’s largest managed real estate network.