The sales price for Warehouse Row was $36,905,000.
Atlanta-based property owner and management group The Simpson Organization purchased the revitalized mixed-use property in downtown Chattanooga.
The Simpson Organization entered the Chattanooga market in 2007 with the purchase of the SunTrust Building at 736 Market St. just months after Atlanta-based real estate investment and management company Jamestown began a $20 million transformation of the century old Warehouse Row buildings at 1110 Market St.
Warehouse Row’s nine buildings consist of 260,295 square feet of street-level restaurants and upscale boutique retail as well as upper-level creative lofts and office suites. The mixed-use Warehouse Row property is well occupied by long-term tenants like Public House, REVIVAL, Amanda Pinson Jewelry and Embellish whose early presence supported the property’s transformative growth, along with recent retail and restaurant additions including Woodhouse Day Spa, Two Ten Jack, Onward Reserve, J.Crew, Anthropologie and Lululemon Athletica. Office tenants including Bellhops, Barge Waggoner Sumner and Cannon and Stantec have also expanded.