A Cordova retail center is under new ownership for the third time in five years. Atlanta-based Altus Real Estate Advisors LLC has purchased Trinity Place, 7990 Trinity Road, for $2.8 million.

2. Foreign Investors Buy Treasure Park Apartments - Tuesday, February 15, 2011

2601 N. Watkins St.
Memphis, TN 38127
First Sale: $1.1 million

Sale Date: Jan. 31, 2011
Buyer: City National Bank
Seller: Federal Deposit Insurance Corp. as receiver for Imperial Capital Bank of La Jolla, Calif.
Second Sale: $450,000
Sale Date: Jan. 28, 2011
Buyer: Square Mile Investments LLC
Seller: City National Bank
Details: A foreign investment group named Square Mile Investments LLC has bought Treasure Park Apartments at 2601 N. Watkins St. in Frayser from City National Bank for $450,000.
Details: A foreign investment group named Square Mile Investments LLC has bought Treasure Park Apartments at 2601 N. Watkins St. in Frayser from City National Bank for $450,000.

3. Cordova Strip Center Sells for $800,000 - Thursday, February 10, 2011

Cordova-based Monopoly Properties LLC has bought a strip shopping center at 990 N. Germantown Parkway from U.S. Bank NA, as trustee for Morgan Stanley Capital I Inc. Commercial Mortgage Pass-Through Certificates Series 2005-HQ7, for $800,000.

4. MedVet Memphis Builds New Cordova Facility - Tuesday, August 31, 2010

555 Trinity Creek Cove
Cordova, TN 38018
Permit Amount: $3 million

Permit Date: Applied August 2010
Completion: May 2011 (open Summer 2011)
Owner: MedVet Memphis LLC
Tenant: MedVet Memphis LLC
Architect: archimania
Contractor: Grinder, Taber & Grinder Inc.

5. Shops at Rock Creek Sell for $4.4 Million - Wednesday, August 25, 2010

The Shops at Rock Creek, a two-building, 61,000-square-foot strip shopping center built on two parcels in 2006, has sold for $4.4 million.

The buyers are Southstar Holdings UNCC LLC, with a 65 percent interest, and RC Memphis LLC, with a 35 percent interest. The seller is Wells Fargo Bank NA, acting as trustee for Morgan Stanley Capital I Inc., commercial mortgage pass-through certificates series 2006-IQ12. The buyers financed the purchase with a $3.4 million loan through First Tennessee Bank NA.

6. Colliers Takes On Tough Project - Thursday, October 15, 2009

A retail portfolio hit hard by the slumping economy has a new temporary owner and a new leasing/management team. Now those entities are charged with repositioning the assets so a buyer can step in and have a better shot at building long-term success.

7. Loan Filed for Phase Two Of Centennial Gardens Apartments - Tuesday, January 27, 2009

7751 Centennial Drive
Memphis, TN 38125
Loan Amount: $11.5 Million

Loan Date: Jan. 15, 2009
Maturity Date: Jan. 15, 2013
Borrower: Lightman Centennial Gardens Co.
Lender: SunTrust Bank

8. Cordova’s Trinity Place Sells for $4.3 Million - Tuesday, January 20, 2009

The Trinity Place shopping center at 7990 Trinity Road in Cordova sold for $4.3 million in a trustee’s deed to JPMCC 2006-LDP7 Trinity Place LLC.

9. Archived Article - Tuesday, November 21, 2006

2362 and 2382 N. Germantown Parkway
Memphis, TN 38016
Sale Amount: $14.6 million

Sale Date: Nov. 9, 2006

10. Shops at Rock CreekGoes for $15 Million - Wednesday, November 15, 2006
     The 61,000-square-foot Shops at Rock Creek at 2362 and 2382 N. Germantown Parkway has been bought by two California investors for $14.6 million. Dominion Partners I LLC sold an 83.5 percent interest in the center to Kapr

11. Archived Article - Tuesday, March 21, 2006

Related Transaction
7990 Trinity Road
Cost: $6.5 million

Borrower: Kapree Trinity LLC

12. California Investor Buys Trinity Place for $7.9 Million - Tuesday, March 21, 2006

7990 Trinity Road
Cordova, TN 38018
Cost: $7.9 million

Buyer: Kapree Trinity LLC

Seller: Crews Trinity Place LLC

13. Archived Article - Tuesday, August 30, 2005

30 units in
Lexington Condominiums
Cost: $22.9 million

Borrower: Lexington Partners LLC

Lender: SunTrust Bank