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.


Real Estate Transfers For Jan. 5-11

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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City Council Told Cost Has Soared For Moving Sewer Line Off Tubman Industrial Site

City Council members were told on Tuesday that the cost has soared for moving a sewer line completely off the Harriet Tubman industrial site. Bill Payne, city engineer, said it initially was around $1.5 million, but is now pegged at over $4 million. Councilman Chris Anderson, who heads the council's economic development committee, said the assertion brought "stunned looks" ... (click for more)

Beyond Freedom Of Speech - And Response

Yes, most people know about the First Amendment to our Constitution, "The right, guaranteed by the First Amendment to the U.S. Constitution, to express beliefs and ideas without unwarranted government restriction."  I being a "deplorable" draw the line when people block traffic, try to disrupt, and even stop an activity through malice and disregard for others. Case being ... (click for more)

Roy Exum: Want To Protest? Get Paid!

In a troubling time when “false news” is the rage and people ask me – to my face – if anybody from Russia ever approached me personally searching for votes for President-elect Donald Trump, there appears a website that, to cop a phrase, “is too good to be true.” There is a group out of California that allegedly wants to hire “operatives” to protest Friday’s inauguration. Forget ... (click for more)