Ziff Properties Plans Self-Storage Conversion

Friday, June 3, 2016

A venture between Ziff Properties, Inc. and Reliant Self Storage is set to acquire and redevelop Mountain Creek Village Shopping Center in Chattanooga.

Previously a Food Lion-anchored retail center, the finished product will be a Class A climate and non-climate controlled self storage facility of 81,728-square feet with 718 units.

The property will also provide outdoor storage for boats and RV’s as well as a two-story office and on-site managers unit.

This acquisition marks Ziff Properties’ third in Chattanooga in 18 months, which includes nearby Signal Mountain Shopping Center, where Food City is the anchor.

Tom Cofer of Rivercity Realty represented the seller. Rudy Walldorf of Herman Walldorf Commercial, Inc. represented the buyer.

Ziff Properties’ Chief Operating Officer and Director of Acquisitions Christian Chamblee said, “We see heavy potential for this property and look forward to seeing our extensive redevelopment plans come to life. We are excited to provide a first-class storage facility for the Chattanooga community.”


Snapdragon Hemp To Open Red Bank Store Aug. 26

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Tech Goes Home Office Ready And Computer Basics Skills Courses Open For Fall Registration


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Business

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Breaking News

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Opinion

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