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 Oct. 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 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)

Habitat For Humanity Of Greater Chattanooga Area Launches New Volunteer Initiative

Habitat for Humanity of Greater Chattanooga Area rely solely on volunteers to help them build decent, energy efficient, and affordable homes for working families enrolled in the nonprofit’s homeownership program, officials said. On any given weekend, one may find civic, corporate, student, or church groups volunteering on the Habitat for Humanity’s work sites. The most popular day ... (click for more)

Fire Displaces Family Of 7; Blaze Ruled Accidental

No injuries were reported in connection with a house fire on Saturday afternoon that displaced a family of seven. The Chattanooga Fire Department received the alarm at 4:11 p.m. and responded to 3308 Dodson Ave. with five fire companies. Captain Wadie Suttles with Engine 4 said heavy fire was showing when the first firefighters arrived on the scene. As additional firefighters ... (click for more)

Clarence Ross, Leshawn Witherow Shot On Walden Avenue Friday Afternoon

Chattanooga Police are investigating a shooting that happened early Friday afternoon at the 6300 block of Walden Avenue.  Clarence Ross, 41, And Leshawn Witherow, 40, suffered non-life threatening injuries.  Hamilton County EMS transported both victims to a local hospital for treatment.  There is no suspect information at this time.  Investigators with ... (click for more)

Where Is The Speed Control On Our Highways? - And Response (2)

I am teaching my 15-year-old to drive in the North Georgia and Chattanooga area. I have warned her of the dangers of exceeding the speed limit both as a hazard to herself and in terms of receiving a ticket. What a liar I am.  Have you driven on the local freeways and highways recently? I never see any highway patrolmen helping to reduce speeding or pulling over those who ... (click for more)

Roy Exum: The Testerman Forum

I badly misjudged how long it would take me to do my “early voting.” I was in-and-out in no time so I got to the Hamilton County School Board’s agenda meeting well enough beforehand to have an “educational forum” with board member David Testerman. If you haven’t noticed, forums and summits and “community enlightenment” groups are the new rage and, as my friend David laughed, “They ... (click for more)