REBusinessOnline

CHATTANOOGA OFFICE ACQUIRED FOR $7.16 MILLION

CHATTANOOGA, TENN. — The Maclellan Foundation has purchased the 40,000-square-foot Market Center office building from Chattanooga Land Co. for $7.16 million. Maclellan is a major tenant in the 4-story building. The Class A property, located in Chattanooga, was constructed in 2001. Burchay’s Building, which spans 2,500 square feet, and a 120-space parking lot were also included in the purchase. David F. DeVaney of Chattanooga-based NAI Charter brokered the transaction.

Content Partners
‣ Arbor Realty Trust
‣ Bohler
‣ Lee & Associates
‣ Lument
‣ NAI Global
‣ Northmarq
‣ Pavlov Media
‣ Walker & Dunlop

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