Trident Transport, a fast-growing freight brokerage and logistics business in Chattanooga, is shifting its headquarters to downtown’s riverfront as it plans to add about 125 people in 2022.
The company has bought the 3H Group Building at 505 Riverfront Parkway at Cameron Harbor for $6.2 million where it will relocate from its existing home office on Chestnut Street on the Southside, officials said Thursday.
“We’re buying the building, putting roots downtown,” said Trident Chief Executive Officer Heath Haley about the 23,000-square-foot structure. “We’re here to stay.”
Meanwhile, hotel operator 3H Group plans to move its headquarters early next year to a three-story building it’s renovating at 27 W. Main St., said CEO Hiren Desai.
Desai said his company plans to invest $6.5 million into that 18,000-square-foot building, which will hold 3H Group as well as local operations for hotel management partner LBA Hospitality and an undisclosed tenant.