Archive for October, 2008

Herman Walldorf & Co., Inc. Completes Sale of Walgreen’s Site in Ft. Oglethorpe

Monday, October 27th, 2008

A 20-year old concrete plant at the prominent intersection of Battlefield Parkway and Dietz Road has been purchased by DPGI, LLC.  The six-acre site sold for $2.5 million.  Concurrently with the acquisition, M & M Development Company of Knoxville purchased a site of 1.4 acres at the intersection to construct the second Walgreen’s in Ft. Oglethorpe.

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FedEx plans Shallowford Road facility

Saturday, October 25th, 2008

A new FedEx Freight facility nearly double the size of its existing Chattanooga site is planned for a Shallowford Road project. The 19-acre site was sold by agents of Herman Walldorf & Co., Inc. for $2.5 million. The project, estimated at between $5 million and $10 million, will position the company to grow its freight business and work force in the city, said Dennis Beal, FedEx Freight’s vice president of physical assets.

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