Editorial Results (free)
1.
Commercial Practitioners Have Voice With Council -
Tuesday, April 09, 2013
The Memphis Area Association of Realtors Commercial Council has grown and evolved over the past nine years since its inception, with membership increasing from 150 members in 2004 to more than 350 members this year.
2.
Six New Seed Hatchery Teams Chosen -
Thursday, January 31, 2013
Six new teams have been lined up for the 2013 Seed Hatchery cohort.
Seed Hatchery is Memphis’ high-growth tech startup accelerator and puts entrepreneurs through a 90-day boot camp, with a crash course in customer discovery, business development, go-to-market strategies and investor pitches. And this year’s cohort marks the third collection of founders to go through the program.
3.
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.
4.
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.
5.
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.
6.
Highpoint Church Buys Briarcrest’s East Memphis Campus -
Friday, November 09, 2012
After seven years of leasing space for its worship services, Highpoint Church has acquired Briarcrest Christian School Systems Inc.’s property at 6000 Briarcrest Ave. for $7.25 million.
7.
LGSTX Services Expands Local Warehouse -
Friday, October 19, 2012
LGSTX Services Inc. is relocating and expanding its Memphis warehouse operations. The Wilmington, Ohio-based firm, which specializes in aviation support and facility services, has leased 184,680 square feet across two facilities in the Southwide Distribution area at 363 Burma Road and 410 Burma Road.
8.
Commercial Council Elects deWitt, Reilly as Top Leaders -
Monday, August 13, 2012
The Memphis Area Association of Realtors Commercial Council announced its 2013 officers and directors Thursday, Aug. 9, at its annual Member Appreciation and Election Party.
Greg deWitt of Grubb & Ellis Memphis will serve as 2013 president. Patrick Reilly of CB Richard Ellis Memphis will serve as vice president.
9.
Colliers Trio Nearly Triples Retail Portfolio -
Tuesday, July 31, 2012
In the past 12 months, Colliers International Memphis’ retail team of Andrew Phillips, Ed Thomas and Laura Frazier has grown its retail portfolio from about 300,000 square feet to nearly 850,000 square feet.
10.
Canadian Company Adds To Memphis Portfolio -
Wednesday, July 04, 2012
A Canadian real estate investment group has purchased a 157,000-square-foot industrial warehouse in South Memphis for $1.5 million, marking the firm’s second Memphis acquisition in 18 months.
Montreal-based Olymbec USA LLC bought the Class C facility at 3615 Lamar Ave. from FUCMS 2001-C2 Lamar Industrial LLC, an entity affiliated with Miami-based loan servicer LNR Partners LLC.
11.
Canadian Firm Acquires South Memphis Warehouse for $1.5M -
Tuesday, July 03, 2012
A Canadian real estate investment group has purchased a 157,000-square-foot industrial warehouse in South Memphis for $1.5 million, marking the firm’s second Memphis acquisition in 18 months.
12.
Big-Box Vacancies Prove Hard To Fill -
Tuesday, June 26, 2012
The closing of big-box stores in recent years belonging to the likes of Borders Group Inc., Circuit City Inc. and others has left suburban shopping centers around the country with lots of space to fill.
13.
Dunavant Development Buys Bartlett Logistics Portfolio -
Friday, June 22, 2012
Dunavant Development Co. has reached a deal to buy Bartlett Logistics, a 515,000-square-foot multi-tenant flex portfolio consisting of Bartlett Logistics Park, at 8370-8500 Wolf Lake Blvd., and Stage Hills Industrial Park, 3080-3150 Stage Post Road. Dunavant bought the property from CMLT 2008-LS1 Wolf Lake Drive LLC (LNR Partners).
14.
Dunavant Development Buys Bartlett Logistics Portfolio -
Thursday, June 21, 2012
Dunavant Development Co. has announced it’s reached a deal to buy Bartlett Logistics, a 515,000-square-foot multi-tenant flex portfolio consisting of Bartlett Logistics Park, at 8370-8500 Wolf Lake Blvd., and Stage Hills Industrial Park, 3080-3150 Stage Post Road.
15.
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:
16.
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.
17.
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.
18.
CRE Activity Stays Strong During 2011 -
Friday, December 30, 2011
Despite hard times, local commercial real estate firms were able to ink plenty of deals in the past 12 months.
Memphis’ industrial leasing activity kicked off in January when Buena Park, Calif.-based Pacific Logistics Corp. signed a 60,000-square-foot lease in ProLogis Park DeSoto for its first Memphis-area location.
19.
‘Get In and Out’ -
Monday, December 19, 2011
In a local commercial real estate market where prices have plunged as much as 40 percent from 2007 peaks, special service companies are taking advantage of opportunities for buying distressed debt.
20.
Tubing Maker Doubles Space in Willow Lake -
Friday, December 16, 2011
A Memphis-based tubing supplier is renewing its lease and more than doubling its space in a distressed Hickory Hill industrial park.
Jacob Tubing LP – the U.S. subsidiary of European modular tubing manufacturer Jacob Soehne – has renewed its 10-year lease for 20,232 square feet and expanded into an additional 30,000 square feet at Willow Lake Business Park, 3948 Willow Lake Blvd., in the Southeast industrial submarket.
21.
City’s Story Recounted in ‘Memphis 101’ -
Thursday, November 10, 2011
A cross-section of native Memphians and Memphians by choice spent the afternoon of Tuesday, Nov. 9, exploring the stories that shaped the city during “Memphis 101,” a free, public event held biannually at the Benjamin L. Hooks Central Library.
22.
The Right Fit -
Thursday, November 10, 2011
In just over a year, national fitness craze Pure Barre Technique has taken the Memphis market by storm.
The exercise routine that uses a ballet barre to perform small isometric movements set to music began in 2001 in Birmingham, Mich. In July 2009, Pure Barre became a nationwide franchise.
23.
Company Buys 11 Acres On Thousand Oaks -
Friday, September 30, 2011
NAI Saig Co. has negotiated a pair of investment sales in recent weeks. Corolla Management Corp. has purchased two sites totaling 10.6 acres on Thousand Oaks Cove from Bank of Bartlett for $925,000.
24.
Hacks Cross DQ Site Sells for $865,000 -
Wednesday, August 10, 2011
Collierville-based Mid South Food Enterprises Inc. has bought the site of a Dairy Queen Grill & Chill fast-food restaurant at 4265 Hacks Cross Road from Olugbenga Faleye and Adeola Faleye for $865,000. The property is in Southeast Shelby County’s 38125 ZIP code.
25.
Despite Confusion City Ballot Set -
Monday, August 01, 2011
Three would-be candidates in the Oct. 6 elections for Memphis City Council have filed complaints with the Shelby County and Tennessee Election Commissions.
Andrew Rome Withers, Ambi Phillips and Ian Randolph contend they were unfairly disqualified from the races they wanted to enter because of confusion from the 11th hour passage of new boundaries for the council districts.
26.
Driver Services Center Site Sells for $1.6M -
Friday, July 01, 2011
An Omaha, Neb.-based real estate investment firm has acquired a single-tenant office building near Poplar Avenue and the Union Avenue crossover.
Circo Enterprises LLC purchased the 10,180-square-foot Department of Safety & Homeland Security building at 3040 Walnut Grove Road for $1.6 million.
27.
TVA Says Power Grid Not Fragile, Despite Storms -
Tuesday, June 28, 2011
CHATTANOOGA, Tenn. (AP) – As the Tennessee Valley Authority continues to repair storm damage that temporarily knocked out some electricity distribution, the utility insists its transmission system is not fragile.
28.
Cable Service Provider Signs New Lease -
Friday, June 03, 2011
A Madison, Tenn.-based cable service provider is taking advantage of lower rates in a competitive leasing environment.
FTS USA has signed a 4,002-square-foot lease in East Pointe Business Center, 3915 S. Mendenhall Road.
29.
Cordova’s Parkway Place Hits 100 Pct -
Friday, May 27, 2011
Two recent leases at Parkway Place Office have brought the center to 100 percent occupancy. Guardian Community Living LLC signed a 10,500-square-foot lease in the 70,000-square-foot office annex that is situated in Cordova.
30.
Thrifty Real Estate -
Friday, May 27, 2011
One area that has seemed to thrive in the recession is discount retailers, including thrift and dollar stores. Low-cost operators, including nonprofit organizations like Memphis Goodwill Industries, are able to find more affordable property than in previous years. That’s because as market conditions have dropped, so has price per square foot, said Dave Leutwyler, Goodwill executive vice president.
31.
Duo Helps Strengthen Colliers’ Retail Face -
Thursday, May 26, 2011
After being historically thought of as a driving force in industrial real estate, Colliers International is becoming a rising star in the retail arena.
The retail team of Andrew Phillips and Ed Thomas has been involved in three of the largest retail lease transactions in the last six months with the 45,000-square-foot Habitat for Humanity, 24,000-square-foot Memphis Judo and 14,000-square-foot Jack Wills Co.
32.
Opening Doors -
Tuesday, April 12, 2011
Every commercial real estate submarket in the Memphis area has seen its share of foreclosures – even those with the strongest demographics and continued expansion and development. The assumption might be that foreclosures are occurring in lower income areas where crime and poverty have played a role in a property’s decline. But, in fact, foreclosures have occurred across all submarkets.
33.
Pinnacle Awards Honor City’s Best Brokers -
Monday, April 11, 2011
As emcee Dan Conaway noted in his opening address Thursday night at the 10th annual Pinnacle Awards, “OK is the new great.”
34.
Pinnacle Awards Honor City's Best Brokers -
Friday, April 08, 2011
As emcee Dan Conaway noted in his opening address Thursday night at the 10th annual Pinnacle Awards, “OK is the new great.”
35.
Montreal Investor Pays $7.3M for Memphis Center -
Monday, January 31, 2011
A Canadian real estate investment group has bought a distressed South Memphis industrial park with plans to reabsorb the space and bring it back to life.
Richard Stern, principal with Montreal-based Olymbec purchased the 1.1 million-square-foot Space Center, 3051-3133 Tranquility Drive, for $7.3 million.
36.
Canadian Group Buys Distressed South Memphis Industrial Park -
Friday, January 28, 2011
A Canadian real estate investment group has bought a distressed South Memphis industrial park with plans to re-absorb the space and bring it back to life.
Richard Stern, principal with Quebec, Canada-based Olymbec purchased the 1.1 million-square-foot Space Center, 3051-3133 Tranquility Drive, for $7.25 million.
37.
Omni Visions Deal Headlines Leasing Activity -
Friday, October 29, 2010
Omni Visions Inc. recently signed a new lease at Kirby Gate Business Campus, 2725 Kirby Parkway, for 3,523 square feet.
38.
NYC Court Tosses FCC's Fleeting Expletives Policy -
Wednesday, July 14, 2010
NEW YORK (AP) — A federal appeals court on Tuesday tossed out a government policy that can lead to broadcasters being fined for allowing even a single curse word on live television, concluding that the rule was unconstitutionally vague and had a chilling effect on broadcasters.
39.
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.
40.
Youth Villages Names Rutschman Director of Communications -
Wednesday, May 13, 2009
Echelle Lane Rutschman has been named director of communications at Youth Villages. Rutschman joins Youth Villages after 10 years serving as senior communications officer and system director of corporate communications at Baptist Memorial Health Care Corp.
41.
Addington Joins Memphis Heart Clinic -
Wednesday, July 16, 2008
Dr. M. Brent Addington has joined Memphis Heart Clinic. Addington is board certified in internal medicine, cardiovascular disease and interventional cardiology. A native of Memphis, he has been in private practice for more than 20 years in the Memphis community.
42.
Newberry Takes Helm of MLGW's Credit Union -
Wednesday, September 06, 2006
Ken Newberry has been named the president and chief executive officer of LG&W Federal Credit Union, which serves immediate family members, employees and retired employees of Memphis Light, Gas & Water Division. Newberry is the second vice president of the Memphis chapter of the Tennessee Credit Union League and treasurer of the West Tennessee Affiliate of the National Kidney Foundation.
43.
Commercial Advisors' Jensen Voted Commercial Broker of the Year -
Wednesday, April 12, 2006
Larry Jensen has received the 2005 Pinnacle Award for Commercial Broker of the Year from the Memphis Area Association of Realtors' Commercial Council. Jensen is president and CEO of Commercial Advisors LLC. He has more than 30 years of experience in real estate.
44.
Archived Article: Newsmakers -
Wednesday, December 29, 2004
BOMA Inducts 2005 Officers Gibbons Named to Chair National Committee
Judge Julia Gibbons of Memphis was named by U.S. Supreme Court Chief Justice William H. Rehnquist as chair of the Budget Committee of the Judicial Conference. Gibbons has bee...
45.
Archived Article: Real Recap -
Tuesday, November 16, 2004
4730 Riverdale Phillips Edison & Co. Buys Gleneagles Court
4730 Riverdale Road
Memphis, TN 38141
Cost: $7.8 million
Buyer: Gleneagles Station LLC, c/o Phillips Edison & Co.
Seller: Monumental Life Insurance Co.
Property:...
46.
Archived Article: Daily Digest -
Tuesday, February 03, 2004
International Paper Reports Fourth-Quarter and Full-Year 2003 Earnings IP Sees 2003 Profit
After 2002 Loss
International Paper has reported 2003 fourth quarter net earnings of $48 million, compared with a net loss of $130 million in fourth ...
47.
Archived Article: Real Focus -
Tuesday, August 19, 2003
New ownership, new hopes for outlet mall businesses New ownership, new hopes for outlet mall retailers
By ANDREW BELL
The Daily News
A major property ownership group that purchased the Belz Factory Outlet Mall for $3.5 million with plans...
48.
Archived Article: Memos -
Wednesday, April 16, 2003
Dr. Rosie Phillips Bingham Dr. Rosie Phillips Bingham was promoted to vice president for student affairs at the University of Memphis. The Memphis native will assume the role May 1. She has been U of M assistant vice president for student affairs...
49.
Archived Article: Standout -
Friday, March 28, 2003
Risky business Risky business
By ANDREW BELL
The Daily News
It was her new, or different, way of tackling problems as a social worker that led Pearson Uhlhorn Crutcher into a circle of individuals who make their livings by thinking creat...
50.
Archived Article: Silver (lead) -
Thursday, December 12, 2002
Decades after Tom Phillips, as a child, uncovered a silver wine goblet amidst other discarded items in a neighborhood cleanup New shop owners want to turn silver into gold
By ANDREW BELL
The Daily News
Decades after youngster Tom Phillip...
51.
Archived Article: Memos -
Wednesday, April 09, 1997
Sam Hubbard has joined Financial Federal Savings Bank as vice president in the companys construction lending department Sam Hubbard has joined Financial Federal Savings Bank as vice president in the companys construction lending department. Hubbard ...