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Editorial Results (free)

1. Wenco Files Construction Loan for Volvo of Memphis -

7910 Trinity Road
Cordova, TN 38018
Loan Amount: $4.2 million

Loan Date: Nov. 7, 2013
Maturity Date: n/a
Borrower: Wenco Properties LLC
Lender: Wells Fargo Bank NA
Details: Wenco Properties LLC has filed a $4.2 million construction loan through Wells Fargo Bank for the Volvo of Memphis dealership it is building at 7910 Trinity Road in Cordova.

2. Germantown Collection Sells for $7.3M in Foreclosure -

7810 Poplar Ave.
Germantown, TN 38138
Sale Amount: $7.3 million

Sale Date: June 23, 2011
Buyer: GA Poplar Avenue Germantown LLC (c/o Principal Real Estate Investors)
Seller: Jason A. Strain, substitute trustee
Original Borrower: CH Realty III/Germantown LLC
Original Lender: Principal Life Insurance Co.
Orig. Loan Amount: $8.7 million
Orig. Loan Date: Oct. 12, 2004

3. Principal Buys G’Town Collection for $7.3 Million -

The 60,724-square-foot Germantown Collection shopping center that includes tenants such as Chili’s and Panera Bread at the corner of Poplar Avenue and Exeter Road has been bought out of foreclosure.

4. Germantown Collection Center in Foreclosure -

The Germantown Collection shopping center that includes tenants such as Chili’s and Panera Bread at the corner of Poplar Avenue and Exeter Road has been foreclosed.

A first-run foreclosure notice for the 6.1 acre, Class A retail property appears in the Wednesday, June 1, edition of The Daily News and at The Daily News Online, www.memphisdailynews.com.

5. Family Dollar Signs 2 Leases for Stores -

Family Dollar has signed a 12,000-square-foot lease at 2754 Lamar Ave. Shawn Massey, partner with The Shopping Center Group LLC, represented the tenant. Harold Blockman with Keller Williams Realty Inc. represented the landlord, Chong K and Dul S. Pae.

6. Former Orgill Distribution Center Sold Following Foreclosure -

2108 Latham St.
Memphis, TN 38109
Sale Amount: $2.5 Million

Sale Date: March 9, 2010
Buyer: NW-2100 Latham Street LLC
Seller: Bradley Ottinger, trustee

7. Bed Bath & Beyond Owner Files $2.9M Loan -

KIR Memphis BBB LP, the owner of the Bed Bath & Beyond store at 2810 N. Germantown Parkway, has filed a $2.9 million “deed of trust, security agreement and fixture filing for commercial purposes” through Protective Life Insurance Co. on the property.

8. Archived Article: Reits (lead) - By STACEY WIEDOWER

REITs bright spot in otherwise dismal market

By STACEY WIEDOWER

The Daily News

Even with the economy in its current sag, real estate investment trusts are having a positive year, according to data provided by the Natio...