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Editorial Results (free)

1. Freeport, Raines Warehouses Sell for $19.4 Million -

Industrial properties at 6005 Freeport Avenue and 3399 E. Raines Road have sold for a combined $19.4 million in lieu of foreclosure.

2. Memphis Marriott Sells for $12.4 Million in Foreclosure -

2625 Thousand Oaks BlvdMemphis, TN 38118

Sale Amount: $12.4 million

3. Memphis Marriott Sells for $12.4 Million in Foreclosure -

Memphis Marriott at 2625 Thousand Oaks Blvd. has sold in foreclosure for $12.4 million after its previous owner, Kentucky-based CP Memphis Properties LLC, defaulted on a $38 million loan.

4. New Owner For Bartlett Car Wash Property -

A former car wash site in Bartlett has traded hands. Nyan Jaf acquired the 0.71-acre lot at 5960 Summer Ave. from Mr. Carwash LLC for $65,000.

5. Gastro Group Opens Office In Senatobia -

Utley Properties has closed on a flurry of deals in its Northwest Plaza Shopping Center in Senatobia in recent weeks.

Dr. Ulric Duncan of Delta Gastroenterology PC has leased 1,200 square feet of space at 113 Northwest Drive for two years.

6. LensRentals.com Moves Into Trinity Ridge -

A local camera- and lens-rental company is expanding into a significant amount of space in the already tight Northeast submarket.

LensRentals.com has signed a 16,800-square-foot lease in Cordova’s Trinity Ridge Business Center, 7730 A Trinity Road, suite 110.

7. Louis Dreyfus Buys Kentucky Drive Warehouse -

2514 Kentucky Drive
Memphis, TN 38106
Sale Amount: $2.4 million

Sale Date: Dec. 28, 2010
Buyer: Louis Dreyfus Commodities Memphis Warehousing LLC
Seller: Westside Compress Co. Inc.

8. Calif. Investor Files Loan for Office Building -

CP Union LLC, the local affiliate of Roseville, Calif.-based Coastal Partners LLC, has filed a $4.2 million loan through The PrivateBank and Trust Co. on its 2714 Union Ave. Extended office building.

9. Archived Article -

Property near
American Way
Cost: $15.5 million

Borrower: CP Memphis Properties LLC

Lender: U.S. Bank NA

10. Archived Article -

2670 Frayser Blvd.
Memphis, TN 38127
Cost: $2.5 million

Buyer: J. Paul McNamara and Donna Lynch Ayers, trustees
Seller: CP Rad Tonj LLC
Property: Property at 2670 Frayser Blvd. near Range Line Road.

11. Archived Article -

3865 Kirby Parkway
Memphis, TN 38115
Cost: $6.5 million

Buyer: SATCA Ltd.
Seller: Wells Fargo Bank NA
Property: Property at 3865 Kirby Parkway near Deer Forest Drive.

12. Marriott Financed for $15.5 Million - CP Memphis Properties LLC has financed the Memphis Marriott at 2625 Thousand Oaks Blvd. through U.S. Bank for $15.5 million. NSHE Paris LLC, which merged with CP Memphis in June, bought the property in June 2004 for $15.3 million....

13. Archived Article: Real Recap - Construction Set to Begin on Kress Building

Construction Set to Begin on Kress Building

Three parcels

near Main Street

Cost: $4 million

Borrower: THG Main LLC

Lender: First Tennessee Bank NA

Trustee: Thomas F. Baker IV


14. Archived Article: Great Neck (lead) - By STACEY WIEDOWER

Distribution center buy

secures Memphis presence


The Daily News

Great Neck Saw Manufacturers Inc., which opened a 40,000-square-foot distribution center in Memphis in September 1997, has purchased...

15. Archived Article: Real Review - Healthcare Realty Trust Expands Relationship With Baptist Memorial Health Care In Memphis New medical office building to accompany Baptist expansion Healthcare Realty Trust will fund, build and own a second medical office building on the Baptist Mem...