News & Insights

Chattanooga has witnessed significant growth throughout 2024, with notable strides in commercial real estate, a thriving hospitality sector, and an expanding housing market. Downtown Chattanooga has emerged as a central hub of innovation, with a diverse range of large-scale projects currently underway. From comprehensive redevelopment efforts encompassing hundreds of acres to a notable increase in hotel development, the city is rapidly evolving to meet the demands of a growing population and economy.

NAI Charter, Chattanooga’s leading commercial real estate firm, proudly announces that Will Carroll, the company’s Maintenance Coordinator, has earned his real estate affiliate broker license.

NAI Charter is proud to announce that Chad Wamack has earned the highly respected SIOR (Society of Industrial and Office Realtors) designation, joining an elite group of professionals recognized as leaders in the industrial and office brokerage field.

The latest National Association of Realtors (NAR) “Market Insights” report comes with more good news for a retail sector that’s showed remarkable resilience in recent years. NAR’s August figures show that the retail sector continues to maintain a record low vacancy rate, with just 4.7% of retail space available for lease. 

For over a decade sovereign wealth funds (SWFs), like Norway’s Government Pension Fund Global (GPFG) and the Abu Dhabi Investment Authority (ADIA), have been among the biggest investors in the commercial real estate (CRE) market — striking deals that have shaped sectors from office and retail to hospitality and industrial.

Chad Wamack, a commercial real estate broker with NAI Charter, got the chance of a lifetime to run the Hardrock Endurance race through the rugged terrain of the Colorado Mountains. 

J. Bryan Rudisill, SIOR, Vice President has successfully represented the owner, Carustar Recovered Fiber (Grief), in the sale of their facility located at 1721 Central Avenue Chattanooga, TN.

Chattanooga continues to exhibit growth across all sectors of real estate. The lead stories for 2023 have been dominated by the progress and activity at the former Wheland Foundry site and The Bend. Combined, these two developments comprise over 200 total acres located on the Tennessee River and are located on the fringe of the central core of downtown.

CHATTANOOGA, TENNESSEE | February 2024 | – NAI Charter, a member of the world’s premier managed network of commercial real estate firms, announced today that it has been selected to manage Wolftever Crossing, on behalf of the owner.

Chattanooga has earned a $500,000 federal grant to study the potential of a passenger train between Nashville, Chattanooga and Atlanta