1950’s
- INTERSTATE formed by Simon Johnson and Vic Anderson
- Site selection for fast food restaurants including McDonalds across the South East
1970’s
- Monne Nidiffer joins INTERSTATE as a college graduate associate and learns the business
- Mike Nidiffer, Monne’s younger brother, joins INTERSTATE and becomes the youngest Licensed Broker in the State of Tennessee
1980’s
- Monne and Mike purchase INTERSTATE from Simon Johnson
- Susan Lloyd office manager begins work with MAI Melvin Legg. His office eventually merged into INTERSTATE Realty’s office
- Mike becomes an appraiser holding the RM and SRA designation while working under MAI Melvin Legg
1990’s
People
- Monne leaves INTERSTATE to pursue ministry with Dave Reaver
- Mike Nidiffer becomes sole owner of INTERSTATE
- Brent Roswall joins INTERSTATE as an apprentice appraiser and affiliate broker
- Ken Fabbri joins INTERSTATE as an affiliate broker
Development
- Food City Bluefield Va (55,000 sq ft) is built - INTERSTATE 1st Food City Center
Milestones
- Brent buys 50% of INTERSTATE
- Mike and Brent form INTERSTATE Development for the purpose of re-developing Mike’s father’s former business - Appalachian Athletic House a 10,000 sq ft sporting goods store
- Shoppes at Roan, a 30,000 sf multi-tenant retail center in Johnson City, TN anchored by CVS opens – INTERSTATE’s 1st multi-tenant development. Still owned by INTERSTATE today
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INTERSTATE Management is formed to manage the newly built centers
- Spradlin Farms (Christiansburg, VA) developed, Target and Hobby Lobby anchored – INTERSTATE’s 1st retail power center (500,000 sf)
- Sheetz, Aldi, Longhorn Steakhouse
- Spradlin Farm puts INTERSTATE over 1 million sq ft developed and Managed.
Tenants
- Appalachian Athletic house becomes Windshield America and Precision Tune Automotive
- Hired by Kroger developer for site selection
2000’s
People
- Bill Ward joins INTERSTATE as an Affiliate Broker and brings a wealth of experience from his former days as a bank President
- Phil Sullivan Construction Manager is hired.
- Mike Hamlin in-house General Counsel is hired.
- Greg Mueller, IT coordinator is hired. Greg also becomes Senior Property Manager.
- Tim Devault, CPA , Accounting Manager, is hired to take over for Pati Roswall who had been doing the accounting and bookkeeping since INTERSTATE Development inception.
- Jennifer Doss Sales Agent Coordinator is hired to assist the 14 current INTERSTATE Realty Affiliated Brokers
- Burt Clark Lease Coordinator is hired
- Angela Foster Property Manager is hired
Developments
- Merritt Creek Farm Phase 1 (Barboursville, WV) ( 500,000 sq ft) construction is underway – INTERSTATE’s 2nd Target Center. 1st Target and Starbucks in the State of WV. Featured on the Dave Letterman show
- Phase 2 Merritt Creek Farm is built adding Home Depot (100,000 sq ft) and shoppes (40,000 sq ft)
- INTERSTATE develops 2nd Food City in Damascus, VA
- INTERSTATE builds 3rd Food City in Blountville, TN
- Pole Position Campground is built at Bristol Motor Speedway
- INTERSTATE’s 1st Fresenius Kidney Care developed (15,000 sq ft) Knoxville Tn
- INTERSTATE’s 1st Sheetz developed Radford, VA
- INTERSTATE’s 1st Publix developed Hilton Head, SC
- Raceday Center is developed at Bristol Motor Speedway offering 42 luxury Condos with 400 full utility camping sites
- Raceday Center Phase 2 is built with 50 new units
- Raceday Center signs 3-year lease with Nascar for 49 units
Milestones
- University Town Center (Morgantown, WV) ( 750,000 sq ft) is developed, INTERSTATE’s 3rd Target Center in 3 years and will put INTERSTATE over 2 million Sq ft developed and managed.
- INTERSTATE Realty Sold and leased over $20MM
- 2004 - INTERSTATE Realty now over $50MM in sales/lease
- 2005 - INTERSTATE Realty now over $75 MM in sales/lease
- 2010 - INTERSTATE Financial is formed
Acquisitions
- INTERSTATE buys (3) existing closed Walmart Centers for Redevelopment
- INTERSTATE buys the historic Bristol Country Club which was founded in 1894 and adds Fitness Center (25,000 sq ft) and Condominiums
2010’s
People
- Marcus Nidiffer, Affiliate Broker, joins INTERSTATE
- Tommy Perrigan Joins INTERSTATE as an Affiliate Broker
- Kim Hodge Construction Manager becomes INTERSTATE 2nd full-time construction manager.
Developments
- University Town Center phase 2 is built adding AC Moore and bringing INTERSTATE total developed and managed to over 3 million square feet
- Tanyard Station phase 1 is developed bringing the first Menards to the State of WV pushing INTERSTATE to over 4 million sq ft developed and managed
- Sheetz, Aldi, Longhorn Steakhouse
Tenants
- The Falls Phase 1 brings a new Lowes and Cabelas to Bristol Va
- Sheetz, Zaxby’s, Buffalo Wild Wings, Freddy’s
- The Falls Phase 2 brings in Hobby Lobby (50,000 sq ft)and INTERSTATE’s 1st Aldi (20,000 sq ft)
2020’s
- Stadium Center (8,060 sq ft) is developed across from Marshall University, Brents alma mater
- Starbucks, Qdoba, Smoothie King, Papa Johns
- Tanyard Station phase 2 (150,000 sq ft) gets underway building Academy, Petsmart, Skechers and INTERSTATE’s 3rd Starbucks
- Chase Roswall, Affiliate broker, Joins INTERSTATE
- Jim Sallo is hired as INTERSTATE 3rd full-time construction manager.
- Charles Pointe Shopping Center has begun bringing in 250,000 sq ft once completed
- Taylor Roswall, paralegal, joins INTERSTATE
- Planning stages for old Taylor Place, South Point, and Ashland begin
