CHATTANOOGA, TN—Hutton, a locally-based commercial real estate,development and investment company, has closed on the sale of asingle tenant retail portfolio for $34.4 million. The portfolioconsists of 19 properties in 13 states net leased to nationaltenants.
The company will use the proceeds to expand its multifamily andself-storage development programs, as well as fund the company'sinvestment acquisition activities in 2020.
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