THE DaMARTI BUILDING
The DaMarti Building is a classic example of creative commercial real estate. The dynamic team of Mary Helen and Dave Anich looked for an opportunity for investment in Chattanooga to be near their daughter, Southerly Abode design owner, Tiffany Anich.
Tiffany had spent time in Chattanooga while she attended Appalachian State University and after doing her research on the economics of several cities in the south, found that Chattanooga offered the best opportunity for her to move her design firm, Southerly Abode.
After meeting with Lisa Brown, who was referred to them by her Chattanooga Property Shop partner, Diane Patty, they decided to move forward. “Lisa knows commercial property like the back of her hand,” said Mary Helen, who moved to Chattanooga while Dave finished up the sale of their business in Florida, where the couple is from. “There was not a single question Lisa could not answer, and if she did not know the answer, she got back with me as soon as possible.” This confidence in Lisa Brown was transferred to Mary Helen, as Dave never saw the property before they had bought it. 744 Overbridge Lane seemed to be the perfect property for their plan of a collaborative workspace, something that Tiffany had seen in both Atlanta and Miami, where she had worked before going out on her own. Designers share a space and design lines, borrowing from each other to keep costs low.
With no collaborative space of that sort existing in Chattanooga, Tiffany’s diligence in research and Mary Helen’s savvy and trust in Lisa Brown, led them to North Chattanooga. “We were a little under the gun with our 1031 exchange, but Lisa is so knowledgeable about how they work, we had nothing to worry about. “The building at 744 Overbridge Lane seemed perfect, but unfortunately had an accepted offer already in place. Lisa maintained contact with the listing agent and when the contract fell through, Lisa immediately called Mary Helen and Dave with the news. “Lisa called us and by 11 am, we were under contract,” recalls Mary Helen.
With great bones and a few minor renovations, the couple opened their collaborative space The DaMarti building with Southerly Abode as the anchor tenant in the fall of 2016. Featuring community spaces such as welcoming lobby, conference room, kitchen, restrooms and an outdoor conference space, the building went on the market for lease hoping to attract creative businesses to the additional 9 available spaces including a warehouse space with photography infinity wall, as well as a efficiency suite, with kitchenette and full bath.
Now, fully leased the space features 3 therapists, an acupuncturist, and insurance firm plus the creative DIY craft company, Craftlove. The DaMarti has had several well attended collaborative open houses, hosted the Chattanooga Chamber of Commerce events and is looking forward to continuing more in 2018.