Credi Bakersfield LP Acquires 12.2 Acre Retail Property In Chattanooga, TN For $16.7M

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.