SVN | Second Story Real Estate Management, Fidelity Trust Company, and Lamp Post Properties have joined forces to better serve the greater Chattanooga real estate market, properties under management and their clients.
SVN | Second Story is the operating company handling all property management and maintenance, as well as providing leasing and brokerage services. Fidelity Trust Company has rebranded as “FTC Development” and will operate as a boutique commercial real estate development firm specializing in unique, innovative and sustainable adaptive reuse and ground-up projects. Although the companies collaborate, they remain separate entities.
Further, Matt McGauley and Lamp Post Properties have merged their real estate portfolios under a single holding company, now the largest, locally owned portfolio of downtown commercial properties in Chattanooga. Following the merger, SVN | Second Story now has a total of nearly two million square feet of commercial, mixed-use and multifamily properties under management, and growing.
J. Matthew McGauley, president of FTC Development, said, “Fidelity Trust Company has thrived for 110 years through constant innovation, willingness to be adaptable and never being satisfied with the status quo. I couldn’t be more excited to write the next chapter of our storied history alongside SVN | Second Story. Our core values and love for Chattanooga align. Our combined resources will lead to making a greater impact on the city we love, providing enhanced services to our clients, and delivering strong, reliable returns to our partners.”
Tiffanie L. Robinson, president and CEO of SVN | Second Story and Lamp Post Properties, said, “Our mission has always been to provide the highest quality product and returns for our partners and clients. With Second Story Real Estate Management recently joining the SVN global franchise, and now Lamp Post Properties merging with Fidelity Trust Company, I am more confident than ever that our team will be able to greatly serve the clients and communities we work with."