The property is now offered at $1.85 Million.
According to the article, written by Steve Byers, company spokesman Mike Machak estimated that Crye-Leike sales are off about 30 percent so far this year. The company reported 2007 sales of $5.7 billion.
The article also reports from Machak that the company recently acquired Farm and Home Real Estate in Fayetteville, Tennessee, and plans to convert the 14-agent firm into a Crye-Leike office by Dec. 1.
UPDATE 11/14/08:
If you desire representation in considering a purchase of the the former Copeland's restaurant site, contact Herman Walldorf & Co., Inc.,
or you may contact the owner directly:
Rob Hatchett
Regional Vice-President
Crye-Leike
Office: 423-892-1515
For information about restaurant sites in the Chattanooga area, follow this link.
1 comment:
At the former Copeland's Restaurant site in Huntsville, AL., Crye-Leike has been contacted by a number of restaurant chains and investors with an interest in redevelopment of the location into a restaurant or sports bar.
The company's Commercial Property division is also actively marketing the 2.3 acre site to budget and limited service hotel chains.
Crye-Leike is currently interveiwing Managing Broker candidates to lead a sales team in leased retail space (near the former Copeland's site) along South Memorial Parkway. Projected Opening - spring 2009.
The prime location along Huntsville's South Parkway has great visibility and potential. The question is... in this economy is there a buyer?
Mike Machak
Director of Public Relations
Crye-Leike, REALTORS
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