Chestnut Development Partners, LP Closes On Ninth Investment

Thursday, May 22, 2014

Chattanooga-based Chestnut Development Partners announced its most recent investment. Chestnut invested alongside Benbrooke Realty Investment Company in Dutton Mill Shopping Village, a 76,000 square foot shopping center in Aston, PA. This is Chestnut’s ninth investment since November 2012.

Steen Watson, Chestnut’s principal and co-founder, commented, “Our latest investment is both confirmation and continuation of our strategy of investing alongside proven and experienced partners in well-located, high quality properties with the intent to create value.

Dutton Mill Shopping Village is located in Delaware County, Pennsylvania, approximately 20 minutes outside downtown Philadelphia, and was once anchored by Shop-N-Bag, a regional grocery store. The vacant grocery store is viewed by Chestnut and Benbrooke as an opportunity to redevelop and market the shopping center to various national and regional retailers.


Georgia Northwestern Turning Home Construction Green

A year-long construction project designed to teach how to build homes in an earth-friendly way reached completion last Thursday on Georgia Northwestern Technical College’s Gordon County Campus in Calhoun, Ga. Leaders from across the region, participating vendors, and college administration were on hand for the ribbon-cutting of the new EarthCraft home built at the college.   ... (click for more)

Real Estate Transfers For Nov. 13-19

NOTICE: The Hamilton County Register’s Office did not publish this data. All information in the Register’s Office is public information as set out in T.C.A. 10-7-503. For questions regarding this report, please call Chattanoogan.com at 423 266-2325. GI numbers, listed when street addresses are not available, refer to the location of transactions (book number and page number) ... (click for more)

10-Year-Old Boy Seriously Injured In Attack By Pit Bull At His Home In Sale Creek

A 10-year-old boy suffered serious injuries when he was attacked by a pit bull on Thanksgiving Day morning. At approximately 10:12 a.m. deputies were called to 175 Daugherty Ferry Road regarding a report of a dog attack on a child. On arrival the Sale Creek Fire Department found the child on the front porch of the residence.  The child’s father said his son came ... (click for more)

Alecia Driggins Faces Multiple Charges After Robbery And Hit-And-Run In East Ridge

East Ridge Police arrived on Sunday at 12:30 p.m. at the East Ridge Flea Market at 6725 Ringgold Road in response to a reported pedestrian struck and hit and run incident. Once on the scene, police determined that the incident was actually a robbery. The victim advised police that a white woman claiming to be a police officer grabbed her purse and attempted to flee ... (click for more)

Lawlessness At Heritage Park

As a frequent visitor at Heritage Park in East Brainerd, I must say that the situation is becoming slightly out of control.  To start, parking is atrocious.  The unpaved lot contains nothing but loose gravel which has naturally given way to divots in the ground assuring you a few bumps.  Why isn't this area smoothed out?  It's not worth parking there anyways ... (click for more)

Roy Exum: A ‘Black Friday’ Poem

On this, “Black Friday,” when frantic shopping and crowded aisles cause some nerves to wear thin, please allow me to share a poem a friend sent me not long ago called “Shoes in Church.” Perhaps it will be fitting: SHOES IN CHURCH I showered and shaved. I adjusted my tie. I got there and sat In a pew just in time. Bowing my head in prayer, as I closed my eyes. I saw ... (click for more)