William B. Raines, Jr., CCIM, CSM, RPA, President of The Raines Group is pleased to announce the successful sale of a 16,300 sf maintenance facility on Warehouse Road in Dayton TN. The Raines Group has been contracted by SunTrust Bank to act as project manager for the site as well as act as disposition agent for the 11.8-acre property.  The Raines Group subdivided the property in order to execute the sale of the 4+acre maintenance site. The Buyer, White Stone Logistics, will be using the site for tractor-trailer maintenance and dispatch.  Title Insurance Company of Dayton prepared the Title work and First Bank provided the financing for the transaction.

William B. (Bill) Raines, Jr., CCIM, CSM, RPA, President of The Raines Group is pleased to announce the sale of 106 Industrial Park Drive.  The building which contains approximately 22,500 square feet of Class "A" office/warehouse flex space was sold to Darrell G. Moody and Anne-Marie Cardinale.  The buyers own other property in the industrial park and plan to lease the building.

The seller, Cornerstone Community Bank, was represented by Principal Broker Bill Raines and Richard Rose, CPA, CIA, FLMI, who is also a Broker with The Raines Group.

This year, The Raines Group celebrates its twenty-fifth year of providing Commercial Real Estate, Brokerage, Management, Leasing and Investment services in the greater Chattanooga area.  Other services available include:  Acquisition/Development, Planning and Design, Construction Management and Marketing.

Congratulations Chattanooga for being selected as the location for the new Volkswagen Plan and the investment of one billion dollars at its Enterprise South site.