An 18,000 SF, Class A office building formerly occupied by Community Tectonics Architects has been sold. Brokers handling the sale announced today that the former building was purchased by Caris HealthCare Services which will be occupying the building as their new Knoxville regional office. The buyer was represented by Maribel Koella CCIM, SIOR and Matthew Fentress RPA, CPM, CCIM of NAI Knoxville.
The property located at 10651 Coward Mill Road (near Hardin Valley and the Pellissippi Parkway) sold on April 26, 2013. The Seller was Master Builder Properties, LLC and the Buyer was Caris Healthcare L.P.
“NAI Knoxville is honored to have the opportunity to work with Norman McRea and the fantastic staff of Caris HealthCare Services in the acquisition of their new facility.” ~Maribel Koella CCIM, SIOR, and Principle Broker of NAI Knoxville
On Thursday, April 4, NAI Knoxville was honored to spend the evening celebrating our 30th Anniversary with our clients and associates who have helped us grow and thrive over the years. We would like to say thank you to all of our clients, thank you to the Knoxville community, and thank you to NAI Global for all of your support. Images
NAI Knoxville is celebrating 30 Years of Business in 2013!
NAI Knoxville completed commercial and industrial real estate transactions for 2012 in excess of $62 million, as stated by Maribel W. Koella, SIOR, CCIM and president. She reported that NAI Knoxville had closed over 104 commercial transactions to reach this total.
Notable transactions include Pigeon Falls in Pigeon Forge, EET Corporation, Kimberly-Clark Financial Services, ITT Education Services, Denso Manufacturing Tennessee, multiple Ruby Tuesday, Inc (land and restaurant) dispositions, Office Furniture Outfitters, 84 Lumber in Westbridge Industrial Park, ProTech Metal Finishing in Horizon Center, Iron Mountain, Niles Ferry Industrial Park acreage and Martin Marine.
NAI Knoxville’s current listing inventory is in excess of $153 million.
Our company has been in business for 30 years and has a staff of eight full-time brokers, six holding the CCIM designation, two holding the SIOR designation, one holding the MRED designation and one holding both RPA and CPM designations.
Brian H. Tapp, CCIM has been awarded the 2012 Commercial Real Estate Broker of the Year by the Knoxville CCIM Chapter. This is the second year in a row that Brian has received this honor.
Thank you to the Greater Knoxville Business Journal and knoxvillebiz.com for their support and participation in the awards presentation.
Knoxville News Sentinel, June 29, 2012 – It looks like Fred Langley got a deal when he bought the Kimberly-Clark building on Thursday.
According to a deed filed today, an LLC with ties to Langley paid $3,550,000 for the 12-story office building at the corner of Summit Hill Drive and Locust Street.
According to KGIS, Kimberly-Clark paid $6 million when it acquired the property in 1997.
According to an article published by Forbes magazine March 13,2012, Knoxville has been named one of the top cities for jobs this spring. Knoxville was tied for No. 1 with Greenville-Mauldin-Easley, S.C. [Forbes article]
Commercial Real Estate’s Leading Independent Research Service Recognizes Top Leasing and Sales Firms in the Industry
NAI Knoxville has been selected by CoStar Group (NASDAQ: CSGP), commercial real estate’s leading independent research firm, to receive a CoStar Power Broker Award. This annual award recognizes the “best of the best” in commercial real estate brokerage by highlighting the U.S. firms and individual brokers who closed the highest transaction volumes in commercial property sales or leases for the entire year of 2011 in their respective markets.
As the largest professional research organization serving the commercial real estate industry, CoStar is uniquely positioned to identify the top firms and brokers in each market throughout the U.S. All awards are based on transaction data maintained in CoStar’s commercial real estate database, which is the largest independently researched database of commercial real estate property information available online.
NAI Knoxville qualified as one of the top commercial brokerage firms in Knoxville based on total Leasing and Sales transactions closed during the year. In order to be selected for this honor, NAI Knoxville was evaluated against other commercial real estate brokerage firms active in its region by CoStar Group, and subsequently ranked among the top firms in the market. In addition, three of NAI Knoxville’s brokers, Brian Tapp, Steve Goldman and John Dempster, received the 2011 Top Broker Award from CoStar.
NAI Knoxville’s significant transactions that closed in 2011 are Belle Island in Pigeon Forge, Second Harvest Food Bank, Washington Ridge Apartments, Jackson Street Warehouse, Scott Recycling, Bull Outdoor Products, City of Athens Industrial Land, Miller Recycling, Neill Sandler Ford Dealership and Midlab.
“CoStar Group is very proud to recognize the preeminent brokerage firms and brokers who performed at the industry’s highest level by achieving remarkable sales and leasing success in 2011,” said CoStar Group Founder and CEO Andrew C. Florance. “These top performers truly represent the best of the best in the industry, and they deserve to be recognized for their proven deal-making abilities. We congratulate NAI Knoxville on this impressive professional accomplishment.”
The complete list of 2011 CoStar Power Broker Awards winners can be found at www.CoStarPowerBrokers.com.
As the Holiday Season is upon us we find ourselves reflecting on the past year and on those who have helped to shape our business in a most significant way. We value our relationship with you and look forward to working with you in the year to come. We wish you a very happy Holiday Season and a New Year filled with peace and prosperity.