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Remote work policies lead to uncertain fates for two large Tennessee office properties

Nearly empty complexes in downtown Chattanooga are owned by BlueCross BlueShield, Tennessee Valley Authority
The BlueCross BlueShield of Tennessee headquarters sits on a hill in downtown Chattanooga, offering views of the Tennessee River and Lookout Mountain. (CoStar)
The BlueCross BlueShield of Tennessee headquarters sits on a hill in downtown Chattanooga, offering views of the Tennessee River and Lookout Mountain. (CoStar)
CoStar News
March 27, 2026 | 7:57 P.M.

The small city of Chattanooga, Tennessee, is known for Rock City and the Choo-Choo train station, but it has another facet of real estate that’s nothing to brag about — two enormous, nearly empty office complexes. And one may soon have a for-sale sign.

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