NAI Charter Sells Amnicola Facility

David DeVaney, SIOR, CCIM, and J. Bryan Rudisill SIOR of NAI Charter Real Estate Corporation announce the completion of a sale of a 45,400 sf warehouse located at 3720 Amnicola Hwy on 3.64 acres. The purchaser, Visant Corp., owns Arcade Marketing, and Arcade is continuing to expand its presence in Chattanooga by this acquisition. The Seller, Custom Baking Corporation, is an entity owned by McKee Food Corporation.

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 4 holding the CCIM 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 $35 billion dollars and is the world’s largest managed real estate network.