Projects:
1st Tennessee Tower
mixed use conversion project office and residential
16 Story high rise office tower
144,720 SF of Gross Building Area
The project involved considering the “as is” and “as proposed” valuation of a 16 story downtown Chattanooga office tower, originally constructed in 1910, with later additions. The assignment included analysis of the feasibility of converting the property from a traditional office building into a mixed use building with lower level retail and office application and upper floor residential condominiums. Projected future rents, market stabilized occupancy and operating expenses were all considered in a pro forma cash flow analysis.
