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Editorial Results (free)

1. Developer Buys Land for Somerset Subdivision -

26.3 Acres near Neshoba
And Germantown Roads
Sale Amount: $1.5 million

Sale Date: Oct. 28, 2013
Buyer: Somerset-Exeter GP
Seller: Owen Investments LP
Loan Amount: $2.8 million
Loan Date: Oct. 28, 2013
Maturity Date: Oct. 28, 2016
Lender: Kent Wunderlich
Details: An entity related to Germantown-based developer McNeill Investment Co. has paid $1.5 million for 26.3 acres near the intersection of Germantown and Neshoba roads.

2. Bass Pro Shops Files $40 Million Permit -

1 A.W. Willis Ave.
Memphis, TN 38103
Permit Cost: $40 million

Project Cost: $150 million

Permit Date: Applied September 2013

Completion: 2014

Owner: City of Memphis

3. Dallas Company Buys Cordova Storage Facility -

The Cordova Stor-N-Lock at 1570 Bonnie Lane has sold for $2.1 million for the second time in four months after facing foreclosure.

4. Cordova Stor-N-Lock Sells for $2.1 Million -

The Cordova Stor-N-Lock at 1570 Bonnie Lane has sold for $2.1 million following a foreclosure.

Special servicer C-III Asset Management LLC of Irving, Texas, bought the 54,199-square-foot property in an April 26 substitute trustee’s deed from R. Spencer Clift of Baker, Donelson, Bearman, Caldwell & Berkowitz PC, acting on behalf of the lender.

5. Corporate Avenue Building Sells for $1.2 Million -

1721 Corporate Ave. Memphis, TN 38132

Sale Amount: $1.2 million

Sale Date: Oct. 26, 2012

6. National Capital Management Expands -

National Capital Management LLC has expanded by 3,900 square feet on the third floor at Southwind Office Center A, bringing the company’s total lease to 12,253 square feet.

7. Aren Buys SE Memphis Warehouse For $1.3M -

Trane U.S. Inc. has sold its parts distribution center in Southeast Memphis for $1.3 million.

Aren Investments LLC of Memphis acquired the 99,375-square-foot distribution warehouse at 4250 Concord Road. The company, which used a 1450 Massey Road address on the Shelby County Register of Deeds, financed the purchase with an $800,000 loan through BancorpSouth Bank. Igal Elfezouaty signed the trust deed as managing member of Aren.

8. Thorpe Products Inks New Deal On Democrat -

Thorpe Products Co. is relocating its Memphis branch location to a site with higher ceiling heights and better proximity to its clients.

9. Council to Consider Budget, Schools Tax -

Memphis Mayor A C Wharton Jr. takes a $687.4 million city operating budget Tuesday to the Memphis City Council.

And the council will talk over a special school tax rate of 39 cents Tuesday.

The budget proposal is $22.7 million in the red.

10. Winbranch Apartments Sell for $2.4 Million -

3595 Millbranch Road
Memphis, TN 38116
Sale Amount: $2.4 million

Sale Date: Sept. 7, 2010
Buyer: Winbranch Realty Partners LLC
Seller: LBUBS 2004-C4 Millbranch Road LLC
Loan Amount: $975,000
Loan Date: Sept. 7, 2010
Maturity Date: Sept. 1, 2011
Lender: The Leshum Group LLC

11. Archived Article -

5668 Poplar Ave. and
1000 S. Yates Road
Sale Amounts: $23.9 million; $350,000

Sale Date: May 22, 2007

12. Archived Article -

1645 W. Massey Road
Memphis, TN 38120
Sale Amount: $19.7 million

Sale Date: Jan. 12, 2007

Buyer: WC-Memphis LLC

13. Archived Article -

7930 N. Germantown Parkway
Memphis, TN 38018
Sale Amount: $41 million

Sale Date: Dec. 14, 2006

Buyer: New Plan of Memphis Commons LLC

14. Archived Article: Warranty Deeds - 7/15 jts warranty deeds Big property deals worth over $33 million in second quarter By JAMES SNYDER The Daily News The largest property sales in Shelby County totaled more than $33 million during the second quarter of 1996, with 12 deals filed in ex...