NAI Charter Sells Excess Property for The Pantry, Inc.

Chad and Parker Wamack of NAI Charter announce the sale of excess property for The Pantry at 5723 Hixson Pike in Chattanooga, TN. The 2,800 sf building on 0.6 acres is located at the intersection of Hixson Pike and Middle Valley Rd near Hixson High School. The new site will be a Marco’s Pizza location.

As the leading convenience store operator in the southeastern United States, The Pantry understands that providing a fast, friendly & clean shopping environment in convenient locations is what brings customers into the stores and keeps them coming back. The company’s commitment is to deliver this experience for customers at more than 1,500 locations in 13 states. In addition, The Pantry is one of the largest quick service restaurant operators in the convenience store industry and the fifth largest home of Subway restaurants in the nation.

About NAI Charter

Founded in 1972, NAI Charter is Chattanooga’s premier commercial and industrial real estate service provider with a staff of 7 full time brokers with 4 holding the SIOR designation, 5 holding the CCIM designation and 1 holding the MAI designation. NAI Charter also offers a full-service property management division, Charter Management Company.

Charter Management Company currently manages 15 commercial properties totaling over 800,000 SF. The Charter Management team specializes in streamlining property operations through contractor/vendor discounts, fixed cost reduction and tenant satisfaction and retention.

About NAI Global

NAI Charter is a member of NAI Global which is the single largest, most powerful global network of owner-operated commercial real estate brokerage firms. NAI Global provides a full-range of corporate real estate services, including brokerage and leasing, property and facilities management, real estate investment and capital market services, due diligence, global supply chain consulting and related advisory services. Founded in 1978, today NAI Global member firms span the US and 54 other countries, with 400 offices and more than 5,000 local market experts on the ground, completing $55 billion of transactions annually.

NAI Global was acquired in 2012 by C-III Capital Partners, a commercial real estate services company engaged in a broad range of activities, including primary and special loan servicing, loan origination, fund management, CDO management, principal investment, title services and multifamily property