Chattanooga Times Free Press

Chattanooga’s oldest suburban shopping center gets new owner

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Chattanooga’s first suburban shopping center has a new owner. A Fayetteville, Arkansas-based real estate investment firm has acquired the 64-year-old Highland Plaza shopping center at Hixson Pike and Ashland Terrace as national investment groups continue to buy into the Chattanooga market. The Fletcher Bright Co., which has owned and managed the Hixson shopping center since …

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Neighborhood for rent: Chattanooga-area build-to-rent housing is robust but could face economic challenges

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At 24, with a roommate and another on the way, Luke Janney knew he needed more than his two-bedroom East Brainerd apartment, but wasn’t ready to become a homeowner. “I entertained that [ownership] option, but I didn’t think I was ready,” says Janney, who works in Chattanooga for Knoxville-based Axle Logistics. “Renting felt like the …

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Getting real: After a decade of rising sales, higher mortgage rates may curb growth this year but Chattanooga continues to draw an influx of home buyers from other markets

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Over the past decade, home sales and prices have more than doubled in the Chattanooga area, rising steadily as interest rates have remained historically low and the local economy has continued to add jobs and residents. But higher mortgage rates in 2022 are curbing the prolonged sales surge in the housing market. With the 30-year …

Getting real: After a decade of rising sales, higher mortgage rates may curb growth this year but Chattanooga continues to draw an influx of home buyers from other markets Read More »

A home run for the city? Jim Irwin, master developer of Chattanooga’s Southside, sees rich potential on the former foundry site

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The rusty remnants of the former Wheland and US Pipe foundries on Chattanooga’s southside are “a long-time eyesore” to Mayor Tim Kelly and a troubling introduction to what is billed as “Gig City” to millions of motorists entering Chattanooga on Interstate 24. But to developer Jim Irwin, the 140-acre former manufacturing site offers one of …

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Chattanooga commercial real estate agent Steve Hunt forms his own venture

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After more than three decades of working with the late Jim Berry and his heirs on many of Chattanooga’s biggest office redevelopments, commercial real estate agent Steve Hunt has formed his own brokerage and commercial real estate business known as Hunt CRE. Hunt, who has 33 years working as a commercial real estate agent and …

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