2 Chattanooga Red Lobsters Sold For $8.1 Million

Thursday, July 31, 2014

The two Red Lobster restaurants in Chattanooga have been sold for a total of over $8.1 million.

The Red Lobster at 2131  Northgate Mall Dr. by Northgate Mall in Hixson sold for $3,226,655.

The unit at 2200 Bams Dr. near Hamilton Place Mall in East Brainerd sold for $4,929,215.

The properties had been owned by Gmri Inc. (formerly General Mills Restaurants).

They were bought by Chattanooga to Arcp Rl Portfolio Vi Llc (American Realty Capital Properties).


Old Chicago Pizza And Taproom Now Open At Northgate

Do you have a craving for a tall pint of beer and hearty-style pizza? If so you may want to check out Chattanooga's newest dining establishment, Old Chicago Pizza and Taproom.    The chain establishment opened its first store at Boulder, Colo., in 1976, and the new Chattanooga eatery at 250 Northgate Mall is approximately its 100 th location.   ... (click for more)

10 Local Businesses To Pitch Products To Bi-Lo

Ten local businesses will pitch products at the Bi-Local dinner in hopes of being added to area store shelves. If successful, they will join 19 other Bi-Local Chattanooga businesses that, last year, added 92 products to 30 Bi-Lo stores in Tennessee and Northwest Georgia. It will be Friday from 3 to 4:15 p.m. at Blue Orleans Seafood Restaurant, 1463 Market St. A Taste ... (click for more)

Chance Loftis Set To Be Freed From Jail After Jury Finds Him Guilty Of Only Misdemeanor Charge

Chance Loftis is set to be freed from jail on Monday after a Criminal Court jury on Friday afternoon found him guilty of only a minor charge. Instead of murder in the death of 46-year-old Donald Rogers, the jury in the courtroom of Judge Don Poole found him guilty of the lesser charge of reckless endangerment. He was found not guilty of aggravated animal cruelty in the beating ... (click for more)

Dr. David Seaberg Steps Down From Position As Dean For UT College Of Medicine In Chattanooga

David M. Stern, MD, executive dean of the University of Tennessee College of Medicine at UT Health Science Center (UTHSC), and Kevin Spiegel, president and CEO for Erlanger Health System, announced that  David Seaberg, MD, will be stepping down from the joint positions of dean of the UT College of Medicine, Chattanooga, and senior vice president of the Erlanger Health System. ... (click for more)

It's Time To Insure Tennessee

Tennessee has a problem.  What is the value of saving the lives of 1,000 Tennesseans each year? That is exactly what can be expected if 176,000 Tennesseans gain health insurance through Insure Tennessee. A New England Journal of Medicine study showed that expansion of Medicaid was associated with a 6% reduction in yearly mortality for people in the 34-65 age group. Statistically, ... (click for more)

Roy Exum: The Magic Bank Account

As the month of January is almost out the door, I am opening my email today to share a marvelous story that legend has it was printed on piece of paper found in Bear Bryant’s wallet when he died in 1983. While I don’t know that the famed Alabama football coach had this lesson in his wallet, chances are he might have if he’d read it. * * * THE BANK ACCOUNT & RULES Imagine ... (click for more)