Brian Tapp Named One of the Greater Knoxville Business Journal’s “40 Under Forty”

NAI Knoxville Affiliate Broker Brian Tapp, CCIM has been named one of the Greater Knoxville Business Journal’s 40 Under Forty, presented by Lincoln Memorial University.

Editor Amy Nolan wrote, “From hundreds of nominations of individuals worthy of recognition, we aimed to create a diverse group that is representative of the many ways individuals make a living in our community and make our community a better place to live.”

The honorees from this year work for various types of employers including large and small businesses, non-profits, government agencies, and for themselves. Their habit of lending time to help others was also a determining factor.

NAI Knoxville’s Principal Broker, Maribel Koella, describes Brian Tapp as being “intensely focused” and says “He is experienced and creative at solving his client’s real estate problems. He is respected by his colleagues, is very hard working, conscientiously organized and collaborative, and he is making an investment to make his community a better place to live.”

To view the complete 40 under Forty list, visit http://www.knoxnews.com/business/business-journal/40-under-40-the-regions-rising-stars_83855964.

Portfolio of Six Dialysis Centers Sold

NAI Knoxville has represented NHS Development, LLC in the sale of six DaVita Dialysis centers in East Tennessee, totalling over $8,000,000. The transaction was represented my Matt Fentress, RPA, CPM, CCIM, SIOR.  The purchaser was represented by Oliver A. Smith, IV, President of Oliver Smith Realty & Auction, Co., Inc.

The dialysis centers were bought by a Delaware entity and are located across various East Tennessee cities including Clinton, Knoxville, Maryville, Morristown, New Tazewell and Sweetwater.

“Representing NHS Development to market these investment properties to investors across the country was an exciting opportunity. There were many interested parties and it is always a pleasure to work with seasoned real estate professionals on both sides of the transaction,” said Matt Fentress.  “Our national clientele continues to consider Tennessee an excellent place to invest their capital.  We believe this trend will continue”, says Oliver A. Smith, IV.

Maribel Koella Earns Prestigious CRE Designation

Maribel Koella, owner and principal broker of NAI Knoxville, has earned her CRE designation, the highest recognition in the real estate industry. Maribel joins an elite group of 1,100 CRE designees worldwide.

Based in Chicago, CRE is an invitation-only organization whose members undergo a rigorous screening process that includes case study reviews and a one-on-one personal interview. Candidates must also share documentation of previous real estate counseling to establish a track record of superior performance. Consideration is given to character, experience, knowledge, professional judgment, and ongoing client relations.

By adding the CRE designation to their credentials, members pledge to maintain the highest standards of professional conduct and service in the field of real estate counseling. They serve as an indispensable resource to each other and to their clients, as well as to the real estate industry.

A real estate counselor is an advisor who marshals a broad range of real estate experience and technical competency on behalf of clients. While maintaining objectivity in analysis, a counselor works toward the client’s best interests through evaluation of options, advocacy, and development of appropriate strategies.

Maribel Koella has over 40 years of experience in commercial real estate. In addition to her CRE designation, she is also a CCIM member as well as a member of SIOR.

Congrats, Maribel!

Knoxville Ranks #2 on Livability’s Best Places to Retire list!

Good ‘ole Rocky Top ranks as one of the best places to retire for the second year in a row, but this time Knoxville, TN, has moved up. The city ranked seventh on our Best Places to Retire 2013 list, but after considering more data this time around, the city looks even better for retirees. For young whipper snappers, Knoxville isn’t just a best place to retire, it’s also been on our Top 100 Best Places to Live list twice.

Knoxville residents enjoy a relatively low cost of living, access to good health care and lots of entertainment choices. Knoxville ranked second highest for housing affordability out of the cities that made this list. It also has the lowest unemployment rate for seniors, showing that Knoxville is a great place to start a second or even third career.

The city’s natural beauty and proximity to the Smoky Mountains make it an appealing place to live for people who want to stay active. A variety of parks, bike paths and trails allow residents to get plenty of exercise. While the city does get hit by the occasional winter storm, the weather is relatively warm and sunny, allowing for great days on the area’s golf courses.

Downtown Knoxville continues to emerge as a hip and happening entertainment district, which draws people from all walks of life. Many seniors take advantage of educational opportunities offered at the University of Tennessee and, of course, the exciting sporting events.

To see the entire list, click here.

Courtesy of Livability.com

Recreation Tips From Thomas Krajewski: Migratory Birds in East Tennessee

By Thomas Krajewski, National Land Realty

The fall/early winter season brings many changes to our area, and with these come exceptional recreation opportunities. One of my favorites relates to the birds that migrate through East Tennessee. As the weather turns cold and the arctic air begins to push in from the north, the annual bird migration sets in motion.

Many species of birds utilize the Appalachian Mountains to navigate south, inevitably pushing birds into the Tennessee River Valley. Game species such as ducks, geese and woodcock provide hunters with the opportunity to pull that favorite gear out of the closet and get out into the field to places such as the Clinch River system or Tellico Lake area, both of which provide some excellent hunting opportunities.

For the non-hunter, several opportunities exist to see wildlife in their natural habitats, many of which have been improved by local and federal support. Seven Islands, just east of Knoxville, is the state’s first and only State Birding Park, with miles of trails and green ways to provide easy access to over 180 species of birds that have been sighted within the area. Equally, the Hiwassee Bird Refuge just south of Knoxville provides excellent opportunities to see birds such as the Sandhill Crane or even the Golden Eagle. Regardless of your pursuit, East Tennessee is an outdoor enthusiast’s paradise, and I encourage everyone to experience all that nature is doing around us.

About The Author

Thomas is currently a Land Specialist for National Land Realty (NLR) in Knoxville, TN. In his current role Thomas is responsible for being a full service real estate agent specifically focused on land sales from timber, farmland, hunting property and residential properties.

You can e-mail Thomas at thomask@nationallandrealty.com


Curious about how the Knoxville Market’s doing? Check out our Market Report!

The Third Quarter 2014 Knoxville CRE Market Report is now available!

In-depth local knowledge is a critical component to navigating the dynamic commercial real estate market. This statistical data combined with the experience of our brokerage professionals, provides you with the insight and resources to help you make informed business decisions.

Contact one of our brokers today to discuss your commercial real estate needs and how we can partner with you to achieve your goals.

Download the full report here.

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3 Minute Magic Car Wash Purchases Former Airport Cadillac Property

3 Minute Magic Car Wash, headquartered in Knoxville, and owned and operated by Jim and Teri Rooney, today announced that it has purchased the former Airport Cadillac property located in Alcoa, Tenn.

The purchase was facilitated by NAI Knoxville brokers Brian Tapp, CCIM and James Roberson, CCIM, and includes 2.7 acres of land and 28,000 square feet of existing building structures.

The purchase was made with the overall vision of constructing a state-of-the-art double tunnel car wash super-center, as well as converting the property into expanded corporate office space for 3 Minute Magic and its sister company, NDI Group Inc., which specializes in delivering superior auto show and event management solutions to automobile manufacturers (OEM’s) and their partners, throughout North America.

Construction details are currently being finalized. The targeted opening for the new car wash facility is early 2015.

Second Quarter 2014 Knoxville CRE Market Report

In-depth local knowledge is a critical component to navigating the dynamic commercial real estate market. This statistical data combined with the experience of our brokerage professionals, provides you with the insight and resources to help you make informed business decisions.

Contact one of our brokers today to discuss your commercial real estate needs and how we can partner with you to achieve your goals.

Click here to download our full report.

NAI Knoxville is Pleased to Announce the Addition of Mike Johnson, Affiliate Broker

Mike Johnson joins NAI Knoxville specializing in the sale and lease of retail shopping centers, office properties and investment real estate. He has over 25 years of experience in development, ownership, managing and leasing of retail, office and industrial properties.

Mike has been professionally recognized as a leader in the field of retail leasing and management and has an award winning history in turning around distressed retail shopping centers. He has also successfully developed short and long term business plans for retailers and developers of property owners.

Mike Johnson’s Professional Profile

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Blount Economic Development Board OKs $1.5 million land buy

By Joel Davis | joeld@thedailytimes.com0 comments

The Blount County Economic Development Board approved an estimated $1.5 million deal to purchase more than 100 acres adjacent to the Blount County Industrial Park in Maryville on Wednesday.

Board members voted unanimously to accept a bid from Citizens Bank of Blount County for a 3.85 percent loan to buy the property.

“Our board approved the financing package for the purchase of approximately 104 acres for $1,475,000,” said Brian Daniels, Blount Partnership president/CEO. “That land is attached to the Blount County Industrial Park, which is 100 percent full with industry. A presentation given by NAI Knoxville regarding the growth opportunities in the region as it pertains to more industry coming here reinforces why we feel the investment in prolonging the life of our industrial parks when possible is so important.”

The 304-acre industrial park is currently at full capacity. According to an information sheet, tenants range from AcuPowder TN Inc. to X-treme Marine Corp.

Expanding the park is already attracting attention from potential tenants, Daniels said. “In fact, we have already had interest from industry about this opportunity in the Blount County Industrial Park. We continue to see interest and continued growth in industrial development in the region, and we expect to be making a few more announcements along those lines in the coming weeks.”

In related discussion, Realtor Maribel Koella, of NAI Knoxville, told board members that plans being made in South Carolina have the potential to benefit Blount County. The South Carolina State Ports Authority wants to deepen Charleston Harbor to accommodate larger cargo vessels.

“Being able to bring those supertankers in there, they really are going to be the port of choice,” she said. “I can’t imagine that you will not benefit from a supplier standpoint.”

During a briefing on the industrial real estate market in the nation, Trey Miller of NAI told board members that the market rates for industrial property make pre-existing facilities more attractive to buyers. “It’s a great time to be a landlord in Blount County because you are sitting here and nobody can build a building to compete with you,” he said.

The low rates make constructing new buildings directly for tenants unfeasible until rates rise, Koella said. “What we are recommending is they go in and build it on paper, get the bids, and be ready to start in 180 days,” she said. “The problem you have right this minute is we are still at the bottom so those rental rates will not support building a building. We’re sitting down here in recessional rates, and the tenants are still expecting that.”

Blount County has invested in making its industrial properties attractive. “We put the infrastructure in the parks and there are plenty of private developers partnered to deliver a building,” Daniels said.

http://www.thedailytimes.com/news/blount-economic-development-board-oks-million-land-buy/article_50e8a337-4234-58b9-ae32-728f60154ff7.html