News Release: RTG Announces Merger with Corridor Properties

Realty Trust Group announced today its merger with Johnson City-based Corridor Properties. At the time of their merger with RTG, Corridor was a leader in commercial real estate services in Northeast TN and Southwestern VA—focused primarily on sales and marketing, land development, property management, consulting, project management, and lease administration services for office and medical spaces.

Hank Carr, former owner and CEO of Corridor, will join RTG as Principal and Senior Vice President.

“I have worked alongside RTG for almost 20 years” said Carr. “During that time, I developed a tremendous respect for their business model, professional team, and deep bench of skills. RTG offers our NE Tennessee team the best possible platform from which to serve our clients’ needs in the highly competitive world of commercial real estate in NE Tennessee. I can think of no better group of people to partner with.”

Headquartered in Knoxville, RTG is one of the nations’ leading real estate advisory, operations and development firms. With the addition of Corridor’s team members, they now have 54 employees and offices in Knoxville, Atlanta, and Johnson City. They have served clients in 30 states, and because of the merger with Corridor they are now positioned to be the leader in commercial real estate services in East Tennessee and Southwest Virginia—managing or providing portfolio support for approximately 8.9 million square feet of commercial real estate.

“By combining our strengths, we are better able to serve and support our corporate clients in upper East Tennessee, Virginia, West Virginia, and the Carolinas including our long-standing relationship with Mountain States Health Alliance in Johnson City, TN. ” said RTG President, Greg Gheen. “We have worked well with Corridor on many projects over the past several years, so we are extremely excited to start this new partnership with Hank and his outstanding team.”