Credi Bakersfield LP Acquires 12.2 Acre Retail Property In Chattanooga, TN For $16.7M | 2290 Gunbarrel Road | Eric Tomchik, Karick Brown, Pierce Mayson, Kyle Stonis, Samer Khalil, Matt Berres | Retail | Sale

Summary

Sale

TENNESSEE

Retail

89,327 sqft

The retail property located at 2290 Gunbarrel Rd in Chattanooga, TN has been sold in a closed transaction. The property spans 12.2 acres and has a total square footage of 89,327. The transaction was completed on 06/09/2022.

Summary of transaction details

Property Type: Retail
Sale Price: $16,700,000
Price Per Square Foot: $187
Address: 2290 Gunbarrel Rd, Chattanooga, TN
Market: Chattanooga, TN

The buyer of the property is Credi Bakersfield LP, while the seller is Towne Center North LLC. The buyer was represented by Matt Berres, Samer Khalil, Karick Brown, and Eric Tomchik from Newmark. On the seller's side, the representatives were Kyle Stonis and Pierce Mayson from SRS Real Estate Partners’ Investment Properties Group.

Players

All
8

Agents
6
Agencies
2

$16.7M Sold

$119.3M Sold

$163.9M Sold

$163.9M Sold

$206.7M Sold

Executive Managing Director

$206.7M Sold

Newmark

SRS Real Estate Partners

Details

Deal Summary

SOLD

IMAGE: Samer Khalil, Matt Berres, Eric Tomchik, Karick Brown, Kyle Stonis & Pierce Mayson DATE: 06/09/2022 ADDRESS: 2290 Gunbarrel Rd MARKET: Chattanooga, TN ASSET TYPE: Retail ~ ACRES: 12.2 BUYER: Credi Bakersfield LP SELLER: Towne Center North LLC BUYER'S REP: Matt Berres, Samer Khalil, Karick Brown & Eric Tomchik - Newmark SELLER'S REP: Kyle Stonis & Pierce Mayson - SRS Real Estate Partners’ Investment Properties Group SALE PRICE: $16,700,000 SF: 89,327 ~ PPSF: $187

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Address2290 Gunbarrel Road

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