Bi-Lo Shopping Complex On East Brainerd Road Sold For $4.75 Million

  • Thursday, January 8, 2015

The Bi-Lo shopping complex at 7804 East Brainerd Road has been sold.

Ziff Properties, Inc. announced the acquisition of East Brainerd Shopping Center, a Super BI-LO-anchored retail property. The 64,777-square-foot center sold for $4.75 million. Susan Bands of Marcus & Millichap NYC represented the seller. Ziff Properties was self-represented by COO and director of Acquisitions Christian Chamblee.

Mr. Chamblee said of the acquisition, “We are pleased to extend our portfolio into the Chattanooga market.  We have plans to improve the center and further solidify its importance to the surrounding neighborhoods.”


 

Real Estate
Lease To Lincoln Electric Brings 75 New Jobs To Chattanooga
Lease To Lincoln Electric Brings 75 New Jobs To Chattanooga
  • 3/27/2024

When Lincoln Electric was looking at different potential locations, Chattanooga-based commercial real estate agency Urban Story Ventures recruited the manufacturer of welding equipment and accessories ... more

344-Unit Apartment Community On Gunbarrel Road Now Leasing
344-Unit Apartment Community On Gunbarrel Road Now Leasing
  • 3/26/2024

Populus Waterside, a 344-unit apartment community on Gunbarrel Road, has begun leasing. The complex is a partnership of Novare Group and Batson-Cook Development Co. The property has studio, ... more

Noon Development Celebrates Newly-Renovated East Ridge Medical Building Opening
Noon Development Celebrates Newly-Renovated East Ridge Medical Building Opening
  • 3/21/2024

Noon Development celebrated the official opening of the East Ridge Physicians Building this week with a ribbon cutting hosted by the Chattanooga Area Chamber of Commerce. Noon Development ... more