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1. Two Willow Lake Buildings Sold for $1.9 Million
- Tuesday, October 21, 2014
Two buildings inside Willow Lake Business Park and Corporate Park in Hickory Hill have been sold for $1.9 million.
Eagle Capital LLC acquired 3900 Willow Lake Blvd. and 4100 Willow Lake Blvd. from 198-6 Memphis Industrial Portfolio Holdings LLC, which is affiliated with Bethesda, Md.-based special servicer CWCapital Asset Management LLC, according to an Oct. 13 warranty deed.
2. Indmar Marine Engines Files Expansion Permit
- Monday, September 01, 2014
5400 Old Millington Road
Unincorporated Shelby County
Permit Cost: $2 million
3. Germantown Plaza Sells for $925,000
- Wednesday, August 27, 2014
The 14,400-square-foot Germantown Plaza strip retail center at 3695 Riverdale Road in Hickory Hill has sold for the second time in about five months.
4. Centennial Crossing Parcels Sell for $3.4 Million
- Tuesday, July 29, 2014
Two parcels in the Centennial Crossing shopping center in Southeast Shelby County have sold for $3.4 million following foreclosure.
An entity called 7915 Winchester Road Holdings LLC, which is an affiliate of CWCapital Asset Management LLC, bought 7915 Winchester Road and an outparcel of the center in a July 25 substitute trustee’s deed from R. Spencer Clift III of Baker, Donelson, Bearman, Caldwell & Berkowitz PC.
5. Shops of Wolflake Sells for $3.8 Million
- Tuesday, June 10, 2014
2965 N. Germantown Road
Bartlett, TN 38133
Sale Amount: $3.8 million
Sale Date: May 20, 2014
Buyer: Bartlett Interests LLC
Seller: Pref Wolflake Partners GP
Details: The Shops of Wolflake retail strip center at 2965 N. Germantown Road in Bartlett has sold for $3.8 million.
6. Poplar Avenue Portfolio Sells After Foreclosure
- Wednesday, June 04, 2014
The three commercial real estate parcels that compose the Shops of Chickasaw Gardens along Poplar Avenue have sold for a combined $3.8 million following a foreclosure.
The mixed-use portfolio sold in a May 30 substitute trustee’s deed with 3181 Poplar Avenue Holdings LLC – an affiliate of special servicer CWCapital Asset Management – buying the properties from substitute trustee Robert F. Tom of Baker, Donelson, Bearman, Caldwell & Berkowitz PC.
7. Life Church Buys Victory Campus for $4.4 Million
- Tuesday, May 13, 2014
255 N. Highland St.
Memphis, TN 38111
Sale Amount: $4.4 million
Sale Date: May 2, 2014
Buyer: The Life Church of Memphis Inc.
Seller: SignificantPsychology LLC
Loan Amount: $3.8 million
Loan Date: May 2, 2014
Maturity Date: May 5, 2019
Lender: Triumph Bank
Details: The Life Church of Memphis has paid $4.4 million for the former Victory University campus at 255 N. Highland St.
8. Germantown Plaza Sells Following Foreclosure
- Monday, May 12, 2014
The 14,400-square-foot Germantown Plaza strip retail center at 3695 Riverdale Road in Hickory Hill has sold for $1.1 million following a foreclosure.
9. Lenox Park Professional Buildings Sell for $6.1 Million
- Tuesday, April 29, 2014
The Lenox Park Professional Buildings A and B at 3175 Lenox Park Drive and 6625 Lenox Park Drive have sold for a combined $6.1 million following a foreclosure.
10. Jamesbridge Apartments Sell for $3.6 Million
- Tuesday, June 25, 2013
3689 James Road Memphis, TN 38128
Sale Amount: $3.6 million
Sale Date: June 6, 2013
11. Jamesbridge Apartments Sell for $3.6 Million
- Wednesday, June 19, 2013
A California company has bought the 432-unit Jamesbridge Apartments at 3689 James Road in Raleigh for $3.6 million.
12. Harold Ford Sr. Buys Sycamore View Property
- Tuesday, April 16, 2013
1670 Sycamore View Road Memphis, TN 38134
Sale Amount: $1.8 million
Sale Date: April 8, 2013
13. Cordova Ridge Shops Sells for $1.8 Million
- Thursday, April 11, 2013
An affiliate of Norcross, Ga.-based Safeway Group Inc. has paid $1.8 million for Cordova Ridge Shops, a retail shopping center at 1204 Houston Levee Road in unincorporated Cordova.
14. U of M Files Permit for New Residence
- Tuesday, February 26, 2013
3615 Central Ave. Memphis, TN 38111
Permit Cost: $43.5 million
Project Cost: $53 million
15. Jamesbridge Apartments Sells for $7.2 Million in Foreclosure
- Thursday, February 21, 2013
The 432-unit Jamesbridge apartments at 3689 James Road in Raleigh sold to a special servicer for $7.2 million after a foreclosure.
16. 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.
17. 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.
18. 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.
19. Panda to Build Restaurant On Winchester Outparcel
- Monday, September 03, 2012
7525 Winchester Road
Memphis, TN 38125
Permit Cost: $791,345
Project Cost: N/A
20. Cordova Ridge Shops Sells for $2 Million
- Tuesday, August 28, 2012
An affiliate of Dallas-based CWCapital Asset Management LLC has paid $2 million for Cordova Ridge Shops, a retail shopping center at 1204 Houston Levee Road in unincorporated Cordova.
21. ‘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.
22. 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.