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.


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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)

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Roy Exum: This One’s For ‘Grifter’

Back in October of 2013 a Facebook page called “OAF Nation” was created to “boost the morale” of the heroes who make up our nation’s military.” It was tongue-in-cheek satire, putting funny captions on every-day pictures that showed members of the Army, Navy, Marines and Coast Guard as they defended our country. Our fighting men and women loved it. It quickly went viral and today ... (click for more)