Osborne Building
The Osborne Building at 5746 Marlin Road at Eastgate has sold for $10,850,000.
The sale was to Goodrich & Co Iii Llc from Obc Properties Delaware Llc.
It had been advertised as "a 100 percent occupied office building in Chattanooga at an attractive basis ($110 PSF)."
The property is 67 percent leased by the Nuclear Regulatory Commission (NRC).
The rest of the building is occupied by five tenants including religious and healthcare-oriented businesses.