Warehouse Row Sold To The Simpson Group Of Atlanta

Sunday, January 24, 2016

Atlanta-based property owner and management group The Simpson Organization has purchased historic Warehouse Row, a revitalized  mixed-use property in downtown Chattanooga.

The Simpson Organization entered the Chattanooga market in 2007 with the purchase of the SunTrust Building at 736 Market St. just months after Atlanta-based real estate investment and management company Jamestown began a $20 million transformation of the century old Warehouse Row buildings at 1110 Market St.

In the last month The Simpson Organization doubled down on its investment in Chattanooga with both the purchase of Warehouse Row and groundbreaking for an apartment and retail complex at 728 Market St.

 

“Warehouse Row is at the heart of Chattanooga’s urban live, work and play lifestyle and is a tremendous asset to both the city and our company,” said A. Boyd Simpson, president of The Simpson Organization. “The community of office tenants and expertly curated retail, restaurant and service businesses adds value to the downtown experience. We will continue to build on that and look forward to sharing it with a new group of in-town residents at 728 Market.”

 

Warehouse Row’s nine buildings consist of 260,295 square feet of street-level restaurants and upscale boutique retail as well as upper-level creative lofts and office suites. The mixed-use Warehouse Row property is well occupied by long-term tenants like Public House, REVIVAL, Amanda Pinson Jewelry and Embellish whose early presence supported the property’s transformative growth, along with recent retail and restaurant additions including Woodhouse Day Spa, Two Ten Jack, Onward Reserve, J.Crew, Anthropologie and Lululemon Athletica. Office tenants including Bellhops, Barge Waggoner Sumner and Cannon and Stantec have also expanded.

 

Long-time Warehouse Row Property Manager Jen Mingola and her team will provide oversight and continuity at the property.

 


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