Second Story Expands, Partners With Stone Fort Properties

Thursday, March 8, 2018

Second Story Real Estate Management and Stone Fort Properties announced on Thursday that they would join forces to grow their network of commercial real estate across the region. All of the brokers at Stone Fort Properties will immediately join the Second Story team at 719 Cherry Street.

 

“We’re honored to have Gerald McCormick and his team at Stone Fort join us,” said Tiffanie Robinson, CEO of Second Story.

“Our staff is focused on solving problems for our customers, and we know our success depends on strong networks and customer service. With the addition of the Stone Fort team and their inventory of available properties, we are better positioned than ever to grow and serve our clients throughout the region.”

 

Gerald McCormick, who started the commercial real estate brokerage firm in 2013 under the name McCormick & Company Commercial Real Estate, leads the company. They adopted the name Stone Fort Properties in 2016 after relocating their offices to the Fleetwood Building, the original Stone Fort limestone quarry location. He will join the Second Story team as a senior advisor.

 

“Leading this talented team over the last five years has been an honor for me and has given me many opportunities to work with fantastic business owners in Chattanooga,” Mr. McCormick said. “Partnering with Second Story allows all of us to focus more on our clients' needs and connecting buyers and sellers as the real estate market locally continues to grow.”

Since opening in 2016, Second Story has continued to grow, with the recent addition of five new employees, including new brokers, a director of residential development as well as maintenance and support staff. The company has also expanded its property management line of business, now overseeing more than 1.5 million square feet of regional commercial and mixed-use property.




Shepherd Hills Apartments Sell For $5.9 Million

The Shepherd Hills Apartments have sold for $5.9 million. The apartment complex, built in 1965, is at 404 Tunnel Blvd. The 5.53-acre property includes total square footage of 99,760 square feet. The sale was  to 404 Homes Llc from Shepherd Hills Llc, of Las Cruces, New Mexico. (click for more)

Real Estate Transfers For June 7-13

NOTICE: The Hamilton County Register’s Office did not publish this data. All information in the Register’s Office is public information as set out in T.C.A. 10-7-503. For questions regarding this report, please call Chattanoogan.com at 423 266-2325. GI numbers, listed when street addresses are not available, refer to the location of transactions (book number and page number) ... (click for more)

Voters May Decide In November On Whether To Eliminate City Court; Paving Fund Also Considered

Chattanooga voters in November may get to vote on whether City Court should be abolished. City Council members indicated during budget talks on Tuesday that may be an upcoming referendum question. Councilman Jerry Mitchell said he, for one, "would vote to eliminate it." However, he said the court would apparently run through 2021 when the eight-year terms of Judges Sherry ... (click for more)

Shelbyville Cabinet Maker Wins $2 Million In Lottery

Twice was nice for a lucky Shelbyville man, who won big the second time he played Powerball. Matthew Reed, a cabinet maker, won $2 million on Saturday.  “It’s just the second time I’ve played, and I only bought two tickets,” said Mr. Reed, who came to the Tennessee Lottery’s Nashville headquarters office with his grandparents Monday to collect the prize. And because he added ... (click for more)

Remembering Claude Ramsey

Chattanooga and Hamilton County has lost one of the best men that has ever held any office anywhere at anytime. Claude Ramsey a simple man who believed anything could be accomplished if you worked hard and treated people good. I remember meeting Claude at age 20 after moving to the big city after growing up in rural Rhea County. I was working at Turner Funeral Home and Claude ... (click for more)

Roy Exum: Participation Trophies

You may remember several years back when James Harrison, a linebacker for the Steelers at the time, came home to discover his two sons, who were then ages 8 and 6, had received “participation trophies” on a sports team. Harrison, who earned his way into the NFL (he was not drafted out of Kent State yet played in five Pro Bowls), promptly loaded his sons and the bogus trophies in ... (click for more)