Editorial Results (free)
1.
Events -
Thursday, May 16, 2013
The Memphis in May World Championship Barbecue Cooking Contest will be held Thursday, May 16, through Saturday, May 18, at Tom Lee Park, on Riverside Drive Downtown. Tickets are $9 at the gate. Visit memphisinmay.org.
2.
Events -
Wednesday, May 15, 2013
Families of Incarcerated Individuals Inc. will host a rebranding event Wednesday, May 15, from 11:30 a.m. to 12:30 p.m. at the Benjamin L. Hooks Central Library, 3030 Poplar Ave. The organization will unveil its revamped programs and services. Call 726-6191.
3.
Events -
Saturday, May 11, 2013
National Hispanic Professional Organization-Memphis will meet Thursday, May 16, from 11:30 a.m. to 1 p.m. at the Hilton Memphis, 939 Ridge Lake Blvd. Speakers include Larry Jensen, president and CEO of Cushman & Wakefield/Commercial Advisors LLC, and representatives from Washington think tank Excelencia in Education. Cost is free for members and $20 for nonmembers. R.S.V.P. to info@nhpomemphis.us or 466-6476.
4.
Industrial, East Memphis Office Sectors Bolster CRE -
Friday, May 10, 2013
The local commercial real estate market is a tale of two sectors, with the industrial sector showing signs of improvement while the overall office sector – outside the prized East Memphis submarket – continues to struggle through the first three months of the year, according to recent reports.
5.
Events -
Tuesday, May 07, 2013
Memphis Rotary Club will meet Tuesday, May 7, at noon at the University Club of Memphis, 1346 Central Ave. Jeremy Park, director of the Lipscomb Pitts Breakfast Club, will discuss corporate philanthropy and community building. Cost is $18. R.S.V.P. to Taylor Hughes at taylor@memphisrotary.org.
6.
Events -
Saturday, May 04, 2013
In-Synk and The Daily News will host a Leadership Lunch & Learn about Nate Silver’s book “The Signal and The Noise: Why So Many Predictions Fail – But Some Don’t” Friday, May 3, from 11:45 a.m. to 1 p.m. in the Triumph Bank board room, 5699 Poplar Ave. Cost is $20. Register at lnlsignalnoise-rss.eventbrite.com.
7.
Events -
Monday, May 06, 2013
Memphis Rotary Club will meet Tuesday, May 7, at noon at the University Club of Memphis, 1346 Central Ave. Jeremy Park, director of the Lipscomb Pitts Breakfast Club, will discuss corporate philanthropy and community building. Cost is $18. R.S.V.P. to Taylor Hughes at taylor@memphisrotary.org.
8.
Wright Joins Magna Bank as Senior Vice President -
Wednesday, April 24, 2013
Andy Wright has joined Memphis-based Magna Bank as senior vice president and manager of commercial banking. Wright, who previously held senior vice president positions at Iberiabank and First Tennessee Bank, has experience working with a variety of industries, with in-depth expertise in the transportation and logistics industries.
9.
Housing, Manufacturing Give US Economy Lift -
Wednesday, March 27, 2013
WASHINGTON (AP) – Gains in housing and manufacturing propelled the U.S. economy over the winter, according to reports released Tuesday, and analysts say they point to the resilience of consumers and businesses as government spending cuts kick in.
10.
Exeter Assigns Portfolio to Commercial Advisors -
Saturday, March 23, 2013
Pennsylvania-based Exeter Property Group has awarded the facilities management assignment of its newly acquired, 2.5 million-square-foot industrial portfolio to Cushman & Wakefield/Commercial Advisors Asset Services LLC. The four buildings were acquired from DCT Industrial.
11.
Exeter Assigns Portfolio to Commercial Advisors -
Thursday, March 21, 2013
Pennsylvania-based Exeter Property Group has awarded the facilities management assignment of its newly acquired, 2.5 million-square-foot industrial portfolio to Cushman & Wakefield/Commercial Advisors Asset Services LLC. The four buildings were acquired from DCT Industrial.
12.
Commercial Professionals Achieve Designations -
Saturday, March 09, 2013
Eleven members of local professional organizations in commercial real estate reached elite status in 2012 in their respective fields, which include the Memphis metro area’s appraisers, commercial brokers and property managers.
13.
Patterson Warehouses Adds Space -
Friday, March 08, 2013
Patterson Warehouses Inc. is boosting its longtime local presence with a new lease in DeSoto County.
The renowned player in Memphis’ third-party logistics industry is leasing 237,952 square feet of Class A space in Marathon Distribution Center, 295 Marathon Way in Southaven.
14.
Commercial Professionals Achieve Designations -
Tuesday, March 05, 2013
Eleven members of local professional organizations in commercial real estate reached elite status in 2012 in their respective fields, which include the Memphis metro area’s appraisers, commercial brokers and property managers.
15.
California Company Buys Former Quebecor Facility -
Tuesday, March 05, 2013
828 E. Holmes Road Memphis, TN 38116
Sale Amount: $2.7 million
Sale Date: Feb. 15, 2013
16.
Green Line Marketing Doubles Office -
Friday, February 15, 2013
Green Line Marketing Group has outgrown its East Memphis office space due to its expanded staff and client roster.
The boutique agency has signed a 2,000-square-foot lease in Racquet Club Plaza, where it will relocate from its three 350-square-foot executive suites in Clark Tower by the end of the month.
17.
Tom James Moves Office to Lynnfield Building -
Saturday, February 09, 2013
Franklin, Tenn.-based Tom James Co. recently relocated to a 2,858-square-foot office in Lynnfield Office Park Building A, 1255 Lynnfield Road, suite 150 – a result of an expansion in sales force in the custom clothier’s Memphis office.
18.
Tom James Moves Office to Lynnfield Building -
Monday, February 04, 2013
Franklin, Tenn.-based Tom James Co. recently relocated to a 2,858-square-foot office in Lynnfield Office Park Building A, 1255 Lynnfield Road, suite 150 – a result of an expansion in sales force in the custom clothier’s Memphis office.
19.
Real Estate Leaders to Present Trends at Forecast -
Saturday, February 02, 2013
Real estate leaders will offer their reviews and insights for the Memphis-area commercial market at the 10th annual Commercial Property Forecast Summit starting at 8 a.m. Feb. 7 at the Germantown Performing Arts Centre, 1801 Exeter Road.
20.
Pinnacle Departure Brings Real Estate Challenge -
Wednesday, January 30, 2013
Pinnacle Airlines Corp.’s relocation of its Memphis headquarters to Minneapolis by May should have long-term leasing effects on the Downtown office market.
21.
Real Estate Leaders to Present Trends at Forecast Summit -
Tuesday, January 29, 2013
Real estate leaders will offer their reviews and insights for the Memphis-area commercial market at the 10th annual Commercial Property Forecast Summit starting at 8 a.m. Feb. 7 at the Germantown Performing Arts Centre, 1801 Exeter Road.
22.
Dyersburg Mall Sells for $4.4 Million -
Thursday, January 24, 2013
The Dyersburg Mall has fetched $4.35 million after hitting the online auction block in November.
Yazoo, Miss.-based Action Properties LLC purchased the 191,038-square-foot regional shopping mall at 2700 Lake Road in Dyersburg, Tenn., under the entity Action Dyersburg LLC. The seller, Jackson, Miss.-based Mattiace Properties Inc., disposed of the asset under the entity Dyersburg Mall Co. LLC.
23.
Victory Packaging Relocates to Memphis -
Friday, January 18, 2013
Victory Packaging soon will relocate its entire Southaven branch operation to the Southeast Memphis industrial submarket.
The Houston, Texas-based industrial packaging supplier and distributor inked 158,333 square feet in Shelby Air Park Building 1, 4500 Malone Road. The 475,000-square-foot building also houses Terminal Warehouse Inc.
24.
Atlantic Track Grows Local Operations -
Friday, January 11, 2013
Bloomfield, N.J.-based Atlantic Track & Turnout Co. is expanding its Memphis operations with a 12,900-square-foot pre-engineered metal building addition with a bridge crane at 363 E. Bodley Ave.
25.
Exeter Buys West Memphis Warehouse for $15.6 Million -
Friday, January 04, 2013
Pennsylvania-based Exeter Property Group has snatched up the Smucker’s distribution warehouse in West Memphis for $15.6 million.
The 600,000-square-foot facility was a foreclosed property from Bank of America, which was selling it with a year-end anticipated closing, said Matt Brodnik, Exeter’s director of capital markets.
26.
McLaughlin Joins Inferno as Senior Copywriter -
Wednesday, January 02, 2013
Trish McLaughlin has joined inferno as senior copywriter. In her new role, McLaughlin supervises the copywriting department, pairing up writers with art directors and project teams, and reviewing copy for message, voice and strategic focus. In addition, she coaches young writers in strategic thinking, concepting, editing and presenting.
27.
Changing Market -
Wednesday, January 02, 2013
Much of 2012’s commercial real estate deals could be summed up in one of three phrases: speculative construction, institutional buyers and unusual transactions.
The first quarter was kicked off when Industrial Developments International Inc. revealed plans to add one build-to-suit and two speculative buildings in its Crossroads Distribution Center in Olive Branch – marking the area’s first spec construction since 2008.
28.
Levenger Leases Up EastPark IV -
Friday, December 14, 2012
A Delray Beach, Fla.-based specialty retail company is relocating its Memphis distribution warehouse within the Southeast submarket.
Levenger has inked 96,400 square feet in EastPark Distribution Center IV, 5265 Hickory Hill Road, bringing the 372,800-square-foot building to full occupancy. Levenger also has an operation at 3530 E. Raines Road.
29.
Commercial Advisors Turns 20, Expands Office -
Wednesday, December 12, 2012
Cushman & Wakefield/Commercial Advisors LLC celebrates 20 years of serving clients in the Memphis community this year and has recently expanded its East Memphis office.
30.
I-Bank Grows in Namesake East Memphis Office Tower -
Friday, November 30, 2012
Independent Bank has expanded its headquarters at I-Bank Tower to primarily accommodate its Mortgage Lending Division.
31.
Bioventus Inks Deal for 40,000 Square Feet -
Thursday, November 22, 2012
A Durham, N.C.-based biologics company is relocating its Memphis presence, signifying a boon to the Northeast office submarket.
Bioventus LLC has inked 38,880 square feet of office and manufacturing space in Goodlett Farms Business Campus, 1900 Charles Bryan Road, in Cordova.
32.
Children’s Heart Foundation Given $15,000 for Relocation -
Friday, November 16, 2012
The International Children’s Heart Foundation was awarded a $15,000 commercial office grant Wednesday, Nov. 14, by the Center City Development Corp. to move its offices from 1750 Madison Ave., suite 500, to Downtown’s Brinkley Plaza, 80 Monroe Ave., suite G-1.
33.
Gen X Inks State’s First Location on Austin Peay -
Friday, November 16, 2012
A trendy Vernon, Calif.-based retailer has inked its first Tennessee location in Austin Peay Plaza.
Gen X Clothing Inc. signed a 35,000-square-foot lease at 3252 Austin Peay Highway. The space was formerly occupied by Big Lots.
34.
Commercial Advisors Hires Ewen as Controller -
Wednesday, November 14, 2012
Erika Ewen has joined Cushman & Wakefield/Commercial Advisors Asset Services LLC as controller. Ewen will direct the accounting department in all accounting functions and financial reporting of Commercial Advisors Asset Services as well as all property management clients.
35.
Aiken: The Study Brings Accountability to Tutoring -
Wednesday, November 14, 2012
Entrepreneurs are by nature risk-takers, but it’s not everyday that you see a 24-year-old putting his livelihood on the line to pursue his calling.
In mid-October, James Aiken launched a professional tutoring business called The Study in East Memphis at 5179 Wheelis Drive. The company offers private tutoring in one-on-one and group settings, standardized test preparation and education consulting.
36.
Lender Buys MIAC for $14.3 Million -
Monday, November 05, 2012
Memphis International Airport Center sold back to the lender for $14.3 million Wednesday, Oct. 31, on the Shelby County Courthouse steps following a foreclosure.
CSMC 2007-C1 Air Center LLC bought the nine-building, 1.1 million-square-foot industrial portfolio from substitute trustee Harris P. Quinn, shareholder with Prochaska Thompson Quinn & Ferraro P.C. The lender was the only bidder at the sale.
37.
Lender Buys MIAC for $14.3M -
Thursday, November 01, 2012
Memphis International Airport Center sold back to the lender for $14.3 million Wednesday, Oct. 31, on the Shelby County Courthouse steps following a foreclosure.
CSMC 2007-C1 Air Center LLC bought the nine-building, 1.1 million-square-foot industrial portfolio from substitute trustee Harris P. Quinn, shareholder with Prochaska Thompson Quinn & Ferraro P.C. The lender was the only bidder at the sale.
38.
Lender Buys MIAC for $14.3M -
Friday, November 02, 2012
Memphis International Airport Center sold back to the lender for $14.3 million Wednesday, Oct. 31, on the Shelby County Courthouse steps following a foreclosure.
CSMC 2007-C1 Air Center LLC bought the nine-building, 1.1 million-square-foot industrial portfolio from substitute trustee Harris P. Quinn, shareholder with Prochaska Thompson Quinn & Ferraro P.C. The lender was the only bidder at the sale.
39.
Realty Firm Gives Back Through Farm-to-Fork Fellowship -
Tuesday, October 30, 2012
Commercial real estate deals were put on hold Friday, Oct. 26, for Cushman & Wakefield/Commercial Advisors LLC.
40.
Capital Influx -
Monday, October 29, 2012
Capital is finally being set free in the Memphis industrial market, with opportunities on both the buy and sale side of investment deals.
Nearly $200 million has been spent since June, as public and private institutional buyers alike make large plays.
41.
Commercial Advisors Capital Markets to Zero In on ‘Untapped Segment’ -
Friday, October 12, 2012
Cushman & Wakefield/Commercial Advisors Asset Services LLC has launched a Capital Markets Group, a new service line to complement the firm’s tenant representation and third-party leasing and management businesses.
42.
Lease Brings New Breed Footprint to 3 Million Feet -
Friday, October 12, 2012
New Breed Inc. is enhancing its Memphis operations with a new distribution warehouse lease in the Southeast industrial submarket.
43.
Merchandiser Five Below Signs Lease in Olive Branch -
Friday, October 05, 2012
A growing Philadelphia-based value retailer has inked a substantial industrial lease deal in Olive Branch.
Five Below Inc. has leased 605,427 square feet in Hacks Cross Logistics Center Building 1, 9105 Hacks Cross Road.
44.
DeWitt to Steer Council With Passion for Real Estate -
Friday, September 28, 2012
Greg deWitt’s history degree doesn’t necessarily come into play during his day-to-day leasing of office space, but it speaks to his early-on fascination with the built environment and the movers and shakers who helped to create it.
45.
Lease Takes Appling Farms to Capacity -
Friday, September 28, 2012
A distributorship of Pella Corp. has inked 11,300 square feet in Appling Farms Corporate Park, 6972 Appling Farms Parkway.
46.
Financial Industry Continues to Evolve -
Monday, September 24, 2012
Here’s a roundup of what some of the city’s banks and bankers, investment professionals, and other financial services shops have been up to in recent weeks.
On the personnel front, Financial Federal recently appointed bank president William Tayloe to the board. Tayloe will be responsible for repositioning and expanding the company’s presence locally and elsewhere.
47.
CCDC Passes Two Downtown Projects -
Thursday, September 20, 2012
Two Downtown Memphis projects were propelled Wednesday, Sept. 19, by the Center City Development Corp. while the board was briefed on several of the area’s businesses that are in flux.
48.
First Tennessee Unit to Move Downtown -
Friday, September 07, 2012
First Tennessee Bank is preparing its Downtown Memphis headquarters for occupancy of one of its units.
49.
LSI Buys Flex Space to Expand -
Friday, August 24, 2012
A northeast industrial flex warehouse in Appling Center Industrial Park has been snatched up by an expanding Bartlett-based engineering firm.
Larry W. Bailey, trustee of the Bailey Children’s Trust, bought the 30,397-square-foot facility and its 2.55 acres at 2756 Appling Center Cove for $1.5 million.
50.
New York REIT Buys Williams-Sonoma Distribution Center -
Thursday, August 23, 2012
American Realty Capital Trust III Inc., a New York-based real estate investment trust, has acquired the 1.1 million-square-foot Williams-Sonoma distribution center in Olive Branch for $52.4 million, or $47 per square foot, from a private investor.
51.
New York REIT Buys Williams-Sonoma Distribution Center -
Wednesday, August 22, 2012
American Realty Capital Trust III Inc., a New York-based real estate investment trust, has acquired the 1.1 million-square-foot Williams-Sonoma distribution center in Olive Branch for $52.4 million, or $47 per square foot, from a private investor.
52.
Gilbert Joins Campbell Clinic As Marketing Director -
Wednesday, August 22, 2012
Chad Gilbert has joined Campbell Clinic as director of marketing. In his new role, Gilbert manages external marketing, advertising and public relations for Campbell’s four Mid-South offices and serves as liaison for the organization, managing several sports medicine partnerships.
53.
Invacare Inks Lease in SE Memphis -
Friday, August 17, 2012
Invacare Continuing Care Inc. has inked a 3,500-square-foot lease at 4187 Senator St. in Southeast Memphis.
54.
Chancey Honored With International Chair’s Award -
Monday, August 13, 2012
Dan Chancey, vice president-senior asset manager with Cushman & Wakefield/Commercial Advisors Asset Services LLC, recently received the Building Owners and Managers Association International Chair’s Award during the 2012 BOMA International Conference in Seattle, Wash.
55.
Raleigh Office Complex Sold To Local Entity -
Friday, August 03, 2012
An office complex in Raleigh has traded hands after being under the same family ownership for more than 30 years.
Commercial Real Estate Network LLC, a local investor, has purchased the 40,756-square-foot Raleigh Center Office Complex at 2974 Austin Peay Highway from Charles R. Averwater Living Trust for $299,000.
56.
East Joins Carriage Crossing As Marketing Coordinator -
Wednesday, July 18, 2012
Kendra East has joined Carriage Crossing as marketing coordinator. East’s new responsibilities include creating and implementing the lifestyle center’s yearly marketing budget, spearheading onsite events and leading merchant communication.
57.
StyleCraft Signs Lease At Airways Building E -
Friday, July 13, 2012
Home decor company StyleCraft Home Collection Inc. has signed a 167,600-square-foot lease at Industrial Developments International’s Airways Distribution Center Building E.
58.
G&I Sells 2 Multifamily Sites For Combined $55.8 Million -
Tuesday, July 03, 2012
160 Madison Farms Drive
Collierville, TN 38017
Sale Amount: $32 million
Sale Date: June 20, 2012
59.
‘Perfect Storm’ -
Tuesday, July 03, 2012
Office sublease space reached a record high in the first quarter, and local experts are forecasting even more leases from one lessee to another to hit the market prior to year-end.
Office subleasing totaled 600,664 square feet during the first three months of the year, according to Cushman & Wakefield/Commercial Advisors LLC’s Q1 office market report. That’s nearly 14 percent of total available space.
60.
Health Care Reform to Affect CRE Industry -
Monday, July 02, 2012
Members of the local real estate and health care industries gathered at the Doubletree Hotel, 5069 Sanderlin Ave., on Thursday, June 28, for a luncheon and panel presentation called “The Changing Face of Health Care Real Estate.”
61.
Madison at Schilling Farms Sells for $32 Million -
Tuesday, June 26, 2012
Arenda Capital Management, a Los Angeles-based private real estate investment firm, has bought the 324-unit Madison at Schilling Farms apartment complex in Collierville for $32 million.
Arenda, working under the name Madison 324 LLC, closed on the purchase from G&I IV Madison LP on Wednesday, June 20. G&I is a joint venture between New York-based investment advisor DRA Advisors LLC and Memphis’ Fogelman Properties.
62.
Exeter Closes On Acquisition Of ProLogis Properties -
Friday, June 15, 2012
Pennsylvania-based Exeter Property Group has closed on its acquisition of 10 Memphis-area industrial buildings for $40 million from San Francisco-based ProLogis Inc.
63.
US Wholesale Prices Fall 1 Pct. -
Thursday, June 14, 2012
WASHINGTON (AP) — A steep drop in gasoline costs drove down a measure of U.S. wholesale prices in May by the most since July 2009. But outside the food and energy categories, prices increased moderately.
64.
Commercial Advisors Hires, Promotes Associates at Firm -
Tuesday, June 12, 2012
Cushman & Wakefield/Commercial Advisors Asset Services LLC has promoted Phil Dagastino to senior vice president of office leasing. Dagastino has been with the firm since January 2008.
65.
CEVA Logistics Renews in Southeast Memphis -
Monday, June 11, 2012
CEVA Logistics U.S. Inc. renewed a 648,750-square-foot lease at 5166 Pleasant Hill Road in Southeast Memphis.
66.
Fla. Company Buys Cordova Retail Center -
Friday, June 08, 2012
Coral Springs, Fla.-based Swiss Capital Group LLC has acquired The Shops of Woodland Hills in Cordova for $3.1 million.
67.
Commercial Advisors Lists Former Hamilton Beach Site -
Thursday, June 07, 2012
Cushman & Wakefield/Commercial Advisors LLC has been awarded listing and management of the 900,000-square-foot industrial space at 5461 Davidson Road, the largest vacancy in the Memphis market.
68.
Commercial Advisors Awarded Industrial Listing -
Wednesday, June 06, 2012
Cushman & Wakefield/Commercial Advisors Asset Services LLC has been awarded listing and management of the 900,000-square-foot industrial space at 5461 Davidson Road, the largest vacancy in the Memphis market.
69.
School of Rock to Open Locale in Germantown -
Tuesday, June 05, 2012
National music store School of Rock will open a location in Germantown next month adjacent to Lane Music, marking a unique partnership from both a synergistic and commercial real estate standpoint.
70.
Colliers Duo Has Stellar Start to ’12 -
Friday, June 01, 2012
Colliers International’s industrial team of Andy Cates and Preston Thomas has closed on 34 transactions (sales and leases) to date in 2012. Here’s a rundown of some of the team’s most recent industrial transactions:
71.
Commercial Advisors Grows CRE Portfolio -
Thursday, May 31, 2012
Cushman & Wakefield/Commercial Advisors Asset Services LLC is on a roll, picking up various leasing and management assignments that have brought its office and industrial involvement to 17.8 million square feet.
72.
FDIC Signs Lease In Lakecrest -
Friday, May 25, 2012
Federal Deposit Insurance Corp. has inked a substantial lease in Lakecrest III, marking the market’s largest office lease signing this year.
73.
In-Rel Outsources Office Leasing -
Friday, May 25, 2012
In-Rel Properties Inc. has outsourced its Memphis office leasing to Cushman & Wakefield/Commercial Advisors LLC, following months of changes up top for the Lake Worth, Fla.-based real estate firm.
74.
In-Rel Outsources Office Leasing -
Thursday, May 24, 2012
In-Rel Properties Inc. has outsourced its Memphis office leasing to Cushman & Wakefield/Commercial Advisors LLC, following months of changes up top for the Lake Worth, Fla.-based real estate firm.
75.
$17M in Permit Applications Filed for Miller Creek Apts. -
Tuesday, May 22, 2012
Miller Creek Apartments
Germantown, TN 38125
Permit Cost: $17.2 million (20 permits)
Permit Date: Applied May 2012
Owner: Miller Creek Residences LLC
76.
$1 Million Permit Filed for FDIC in Lakecrest III -
Monday, May 21, 2012
B&B Specialty Contractors Inc. has filed a $1 million building permit application with the city-county Office of Construction Code Enforcement for tenant space alterations for Federal Deposit Insurance Corp. in Lakecrest III, 6060 E. Primacy Parkway, according to The Daily News Online, www.memphisdailynews.com.
77.
Georgia 3PL Growing Its Area Footprint -
Friday, May 18, 2012
A Savannah, Ga.-based third-party logistics firm is seeing rapid expansion in the Southeast Memphis industrial market after its local entrance less than a year ago.
Coastal Logistics Group Inc. has signed a 50,000-square-foot lease extension at 5715 Distribution Drive, bringing its Memphis footprint to 100,000 square feet. The company inked its initial 50,000-square-foot warehouse lease in June.
78.
Essex Signs Two Leases For Discount Store Locales -
Friday, May 11, 2012
A Nashville-based discount retailer has entered the Memphis market in full force, inking two leases totaling 77,301 square feet.
Essex Bargain Hunt has leased 35,767 square feet at 590 N. Germantown Parkway and 41,534 square feet at 5124 Summer Ave. Kemp Conrad and Neely Mallory IV of Cushman & Wakefield/Commercial Advisors LLC represented the tenant in both transactions.
79.
Poag, N.Y. Investor Buy The Avenue -
Friday, May 11, 2012
The Avenue Collierville – the largest lifestyle center in the Memphis metropolitan area at Houston Levee Road and Bill Morris Parkway – has been bought by an affiliate of Memphis-based Poag Lifestyle Centers.
80.
Poag, N.Y. Investor Buy The Avenue -
Thursday, May 10, 2012
The Avenue Collierville – the largest lifestyle center in the Memphis metropolitan area at Houston Levee Road and Bill Morris Parkway – has been bought by an affiliate of Memphis-based Poag Lifestyle Centers.
81.
Garrett to Head Adult Programs At Literacy Mid-South -
Wednesday, May 02, 2012
Alfred Garrett has been promoted to director of adult programs at Literacy Mid-South. Previously the adult programs manager, Garrett’s new role will include establishing and maintaining program delivery policies, evaluating effectiveness and measuring outcomes for the nonprofit organization’s adult programs.
82.
Aerotropolis Brand Slow To Catch On -
Monday, April 30, 2012
The president of the company that helped give Alliance, Texas, the country’s first 100 percent cargo airport said he and others in the project had the advantage of working with a relatively blank slate.
83.
Johnson Finds Right Spot at Former Mall Site -
Wednesday, April 25, 2012
Local industrial brokers are well aware of the city’s taxes and its impact on putting together a competitive proposal for a potential user.
But occasionally, developers are able to snatch up property for such a value that helps offset some of those tax issues.
84.
Former Mall Acreage to be Industrial Development -
Tuesday, April 24, 2012
Acreage on Former
Mall of Memphis Site
Sale Amount: $2.7 million
Sale Date: April 18, 2012
Buyer: Memphis Industrial Properties LLC
85.
Johnson Dev. Closes on Former Mall Property -
Monday, April 23, 2012
Johnson Development Associates Inc. has closed on its acquisition of more than 100 acres on the former Mall of Memphis site that the company plans to develop into an industrial park. South Carolina-based Johnson, working under the name Memphis Industrial Properties LLC, bought the property from Memphis Mall Holdings LLC for $2.7 million.
86.
Unified Moves To East Pointe Biz Center -
Friday, April 20, 2012
An independent forensic engineering and investigations company has relocated its Mid-South Service Center to a more secure location.
Unified Investigations & Sciences Inc. has inked 8,565 square feet in East Pointe Business Center Building D, 3875 Vantech Drive. The Suwanee, Ga.-based tenant was previously located at 3955 Whitebrook Drive, where it serviced Arkansas, North Mississippi and West Tennessee.
87.
Southland Sells Parcels To Bank For $1 Million -
Friday, April 13, 2012
A Downtown property that real estate investor Terry Lynch once planned for residential and retail space was sold back to the lender for slightly less than $1 million.
88.
Memphis Advantage -
Monday, April 02, 2012
As the industrial market approaches the end of the first quarter, a handful of deals have local brokers encouraged that the city’s bread-and-butter sector is poised for recovery.
Recent notable industrial leasing transactions – all of which occurred in Class A bulk warehouses – include Trane U.S. Inc.’s 625,000-square-foot lease in Chickasaw Distribution Center; Kimberly Clark Corp.’s 556,000-square-foot lease in Airways Distribution Center; and Impact Innovations’ 275,000-square-foot space at Southridge Corporate Park.
89.
BGC Gets Court OK on Grubb & Ellis Acquisition -
Wednesday, March 28, 2012
NEW YORK (AP) – BGC Partners Inc. said Tuesday that it has received bankruptcy court approval for its acquisition of Grubb & Ellis Co. and plans to complete the buyout shortly.
90.
Burton Promoted to PR Manager at inferno -
Wednesday, March 28, 2012
Ashley Burton has been promoted to public relations manager at inferno. Burton joined the agency in 2005 and most recently served as a public relations account executive.
91.
Commercial Advisors Hires Walton as VP -
Monday, March 26, 2012
Patrick Walton has joined Cushman & Wakefield/Commercial Advisors Asset Services LLC as vice president and Certified Global Supply Chain Specialist.
92.
TDN Seminar to Focus on Health Care Reform -
Friday, March 23, 2012
Friday, March 23, marks the second anniversary of the signing of the Affordable Care Act, whose complexities continue to leave many business owners confused.
Even many professionals who consult with small businesses regarding policies and employee benefits are struggling to keep up with the numerous changes being implemented by health care reform.
93.
Monroe Ave. Bldg. Sells For $3.3M -
Friday, March 23, 2012
A fully leased Downtown office building has traded hands for more than twice its assessed value.
309 Monroe Property LLC purchased the 22,792-square-foot property at 309 Monroe Ave. for $3.3 million. The Shelby County Assessor of Property’s 2011 appraisal was $1.5 million.
94.
Former Cleo Site Sells For $2.6M -
Friday, March 16, 2012
A Memphis-based buyer has bought more than 1 million square feet formerly occupied by Cleo Inc. gift-wrapping company in Airport Industrial Park Section A for less than two-thirds of the listing price.
95.
Health Care Reform on Tap At Next TDN Seminar -
Friday, March 09, 2012
The health care industry is a vital economic driver in Memphis, where hospitals, health care providers and biotechnology companies employ one out of every seven workers.
At the same time, many Memphians are uninsured and underinsured, posing a barrier to accessing care, and small-business owners continue to struggle with providing coverage due to the rising costs associated with health care.
96.
Mallory’s Route Leads Him to CRE Career -
Friday, March 02, 2012
Neely Mallory IV comes from a long line of logistics executives, with ancestry dating back to Memphis’ early days as a cotton hub.
These days, Mallory is learning the ropes of supply chains from a different vantage point: through some of the city’s top producing industrial real estate professionals.
97.
Jobs Picture Brightens, But Incomes, Spending Weak -
Friday, March 02, 2012
WASHINGTON (AP) – Steady declines in applications for unemployment aid are pointing to another strong month of hiring in February.
A healthy job market normally drives faster growth. But Americans' after-tax income actually fell in January, which led to a fourth straight month of weak consumer spending.
98.
Eating In -
Monday, February 20, 2012
Before a restaurateur nails down a concept, builds a menu or begins the financing process, solidifying a location reigns supreme.
The rule of thumb is especially prominent within Downtown Memphis, where many eateries are tucked away into office buildings and operate within hours that capitalize on daytime traffic and repeat business.
99.
Designer Burford Joins Howell Marketing -
Wednesday, February 15, 2012
Marc Burford has joined Howell Marketing Strategies as graphic design and photography coordinator.
100.
CRE Outlook Remains Mixed -
Wednesday, February 08, 2012
A sophomore at the University of Memphis could open up an economics book and explain how the United States got to its current state through the laws of demand, diminishing returns and comparative advantage.