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Frost seeks buyer for downtown Chattanooga office

Staff Photo by Dave Flessner / Jonathan D. Frost, who shut down his Croft & Frost accounting firm suddenly last week, is now trying to sell the Chestnut Street office complex where the firm was located for $10 million. Staff Photo by Dave Flessner / Jonathan D. Frost, who shut down his Croft & Frost accounting firm suddenly last week, is now trying to sell the Chestnut Street office complex where the firm was located for $10 million.

By Dave Flessner September 18, 2023 4 min read

Editor’s note: This story was updated on Sept. 19 to correct an error in the reference to where the Easy building name originated.

After suddenly shutting down his accounting firm last week, Chattanooga businessman Jonathan D. Frost has put the office building where Croft & Frost operated on the market.

Frost is asking $10 million for the 30,000-square-foot building, which is less than a third occupied since Croft & Frost closed its third- and fourth-floor offices in the building last Tuesday and laid off the last of its more than 30 employees.

The property listing also includes two adjacent lots, including the site of the former T-Bones Sports Cafe, which was bought last year for $1.6 million by a Frost real estate partnership known as Chestnut Properties LLC, according to Hamilton County property records.

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Frost seeks buyer for downtown office

Staff photo by Dave Flessner / J.D. Frost, the Chattanooga accountant who shut down his CPA firm last week after reports of some employees not being properly paid on time, is now trying to sell one of his downtown properties he called "Easy" on Chestnut Street which is a shortened nickname his grandfather gave him.

Staff photo/ Jonathan Frost is seen in 2018. His accounting firm, which became Croft & Frost, abruptly laid off its employees Tuesday.

The four-story office and retail complex at 1413 Chestnut St. was built by Frost in 2018 and was named “Easy” after the “Big Easy” nickname of Frost’s maternal grandfather, Elijah Sadler of Hixson. The building has four tenants occupying 9,000 square feet over the first three floors of the structure, according to a listing of the property posted Friday by Keller Williams Realty.