» Subscribe Today!
More of what you want to know.
The Daily News
X

Forgot your password?
Skip Navigation LinksHome > Name & Property Search
Search results for 'Forest Hill Development' | Search again
DeSoto Public Records:0
Shelby Public Records:362
Editorial:100
West Tennessee:0
Middle Tennessee:1
East Tennessee:0
Other:0

You must be a subscriber to see the full results of your search.

Please log in or subscribe below if you are not already a subscriber.

The Daily News subscribers get full access to more than 13 million names and addresses along with powerful search and download features. Get the business leads you need with powerful searches of public records and notices. Download listings into your spreadsheet or database.

Learn more about our services | Search again


Editorial Results (free)

1. Sprouts Farmers Market Applies for Building Permit -

Sprouts Farmers Market has applied for a building permit to turn the old Kroger store in Lakeland into one of its upscale grocery stores.

Sprout applied for a $650,000 building permit to renovate the former Kroger at 9050 U.S. 64 in Lakeland. The building permit application lists AAD Fitch Inc. as the architect on the project.

2. Changing Landscape -

A “high-end” grocery store chain not currently serving the Memphis market has leased the shuttered former Kroger store at 9050 U.S. 64 in Lakeland and should open in the spring, according to a Lakeland official.

3. Curtains Up -

As counterintuitive as it might sound, the more digitized and interconnected people get, the more they seem to appreciate the handiwork of Dan McCleary and the fellow live theater proponents who work with him.

4. Council Moves Toward Pension Changes -

Two weeks after approving changes in health insurance plans for city employees and retirees, the Memphis City Council meets Tuesday, July 1, to talk over a companion set of changes to the city’s pension plan for employees.

5. Aren Investments Buys Winchester Haverty’s -

6870 Winchester Road
Memphis, TN 38115
Sale Amount: $1.1 million

Sale Date: June 2, 2014
Buyer: Aren Investments LLC
Seller: Kirsch Associates LP
Loan Amount: $850,000
Loan Date: June 2, 2014
Maturity Date: Nov. 15, 2015
Lender: BancorpSouth Bank
Details: Local real estate investment firm Aren Investments LLC has paid $1.1 million for the Haverty’s furniture store at 6870 Winchester Road in Hickory Hill.

6. County Commission to Weigh New Disparity Study -

Shelby County Commissioners consider a start Monday, June 16, toward a new disparity study as a way to changing the county’s efforts in increasing minority business participation in government contracts.

7. Hedgemoor Square Sells for $3.6 Million -

375 N. Graham St.
Memphis, TN 38117
Sale Amount: $3.6 million

Sale Date: April 30, 2014
Buyer: Summit Hedgemoor Square Apartments LLC
Seller: Hedgemoor Square Apartments GP
Loan Amount: $2.7 million
Loan Date: April 30, 2014
Maturity Date: N/A
Lender: Pulaski Bank

8. Council OKs Street Closures In Washington Bottoms -

The Memphis City Council approved Tuesday, Jan. 21, a set of six alley and street closures on parcels totaling 28 acres in the Poplar Avenue-Cleveland Street area. The area, once known as Washington Bottoms, was cleared of buildings in 2008 in anticipation of redevelopment by a Memphis division of WSG Development Co. of Miami Beach, Fla.

9. Council OKs Street Closures in Washington Bottoms -

The Memphis City Council approved Tuesday, Jan. 21, a set of six alley and street closures on parcels totaling 28 acres in the Poplar Avenue-Cleveland Street area. The area, once known as Washington Bottoms, was cleared of buildings in 2008 in anticipation of redevelopment by a Memphis division of WSG Development Co. of Miami Beach, Fla.

10. Council Gets Overview of Public Safety Spending -

Memphis City Council members got a first and at times conflicting look Tuesday, Jan. 21, at the hard decisions they could make about city spending on public safety.

Memphis Mayor A C Wharton Jr. walked the council through some ideas for cuts in city spending beyond larger changes in city retirement and health benefits. Those obligations are the “cornerstone” of the efforts to get the city’s financial house in order, said city Chief Administrative Officer George Little.

11. Orangetheory Fitness Signs New Lease In Stonecreek -

Orangetheory Fitness has signed a lease at Stonecreek Centre at Poplar Avenue and Forest Hill-Irene Road in Germantown.

Orangetheory Fitness will occupy 3,167 square feet at the location. Orangetheory Fitness is a workout method that is broken into intervals of cardiovascular and strength training while using heart rate monitors to keep heart rates in a targeted zone to stimulate metabolism and increases energy.

12. Malco Opens 12-Screen Olive Branch Cinema -

Memphis-based Malco Theatres is raising the curtains on a new 12-screen cinema in Olive Branch, as the company continues to push deeper into new markets while at the same time investing in its existing properties.

13. Restaurant Row -

If you blink, you might miss a new restaurant opening along the Poplar Avenue corridor in East Memphis.

Over the last few months, several new restaurants have opened or are on the way around the heavily traveled Poplar corridor between Perkins Road and Kirby Parkway.

14. Baptist Begins Construction on $14.1 Million Pediatric ER -

Baptist Memorial Health Care Corp. began construction this week on a new pediatric emergency department at Baptist Memorial Hospital for Women.

15. Oklahoma Hotel Group Buys Baymont Inn -

6020 Shelby Oaks Drive
Memphis, TN 38134
Sale Amount: $2.1 million

Sale Date: Aug. 6, 2013
Buyer: Champion Regional Development LLC
Seller: BRE/LQ Properties LLC
Loan Amount: $2.1 million
Loan Date: Aug. 7, 2013
Maturity Date: N/A
Borrowers: Sunny Management LLC; KNSB LLC; Jansa LLC
Lender: InterBank
Details: An affiliate of Oklahoma City-based Champion Hotels has paid $2.1 million for the 103-room Baymont Inn & Suites Memphis East hotel at 6020 Shelby Oaks Drive in Northeast Memphis.

16. Events -

ArtsMemphis will present the Stax to the Max music festival Saturday, April 27, from 11 a.m. to 7 p.m. outside the Stax Museum of American Soul Music, 926 E. McLemore St. Admission to the festival is free; discounted museum tickets are $2 between noon and 5 p.m. Visit staxmuseum.com.

17. Meadows Named Director of Memphis Jewish Home & Rehab -

Bobby Meadows has joined Memphis Jewish Home & Rehab as executive director. Meadows, a licensed nursing home administrator, has 13 years of nursing home experience, including 11 as an executive director. Most recently, he served for six years at Allenbrooke Nursing and Rehabilitation Center in Memphis.

18. Boyle Celebrates 80 Years, Sponsors Art Exhibit -

Boyle Investment Co. turns 80 this year, and has partnered with the Memphis Brooks Museum of Art to celebrate.

19. Events -

The Brew Movement Against Multiple Sclerosis will hold the fourth annual Beauty in the Eye of the Beer Holder fundraiser for the Mid South Chapter of the National MS Society Thursday, March 14, from 6:30 p.m. to 9:30 p.m. at Memphis Pink Palace Museum, 3050 Central Ave. Attendees can sample unique homebrews created for the event, craft beers and microbrews. Tickets are $30. Visit msbrewmovement.org.

20. Crowne Plaza Hotel Sells Out of Foreclosure -

300 N. Second St. Memphis, TN 38103

Sale Amount: $9.4 million

Sale Date: Dec. 28, 2012

21. Collierville Acreage Sells for $1.1 Million -

A partnership called Crisscross Partners LLC has paid $1.1 million for a 22.19-acre vacant parcel at 115 Crisscross Lane in Collierville.

22. Midtown Momentum -

The Midtown real estate market has long been an anomaly compared to its Bluff City counterparts, with fundamentals as diverse as its demographics.

“The types of real estate that you’ll find in Midtown can be some of the most expensive or some of the most modest when it comes to prices and facility,” said Gary Myers of Gary Myers Co. “Retail in particular.”

23. Events -

LightWave Solar will host a lunch & learn titled “How Solar Can Work for Your Home or Business” Friday, Dec. 14, from noon to 1 p.m. in the River Tower at South Bluffs clubhouse, 655 Riverside Drive. R.S.V.P. to Grace Robertson at grobertson@lightwavesolar.com or 615-641-4050, ext. 104.

24. $3.5 Million McVay Station Begins -

Three Class A speculative office buildings have broken ground in Germantown at McVay Road and Poplar Pike.

The $3.5 million development, named McVay Station Professional Center, is by Jason Speed, local developer and contractor whose claim to fame was Corporate Gardens, a $24 million, 148,000-square-foot retail and office park delivered in 2001 on 14 acres at Forest Hill Irene Road and Poplar Pike.

25. New Malco Theatre Coming to Olive Branch -

Memphis-based Malco Theatres is building a new 12-screen theater in Olive Branch.

The movie chain completed initial site work several years ago but decided to shelve the development when the recession hit. The company announced this week it’s resumed construction on the project with plans for completion by the middle of next year.

26. Tax Consulting Firm, Daily News Host Financial Forum -

CBIZ MHM Thompson Dunavant and The Daily News are presenting a seminar in a few weeks that will take a broad look at topics including estate and gift tax issues, business and personal investments, health care reform and an update on the mergers and acquisitions market.

27. IP Looks to Future Following Temple-Inland Acquisition -

When International Paper Co. moved its headquarters to Memphis in 1987 it was an economic development milestone for Shelby County.

28. Events -

Forest Hill Funeral Home and Cemeteries will hold a Sept. 11 memorial service Tuesday, Sept. 11, from 10:30 a.m. to 12:30 p.m. in its Bartlett chapel, 2440 Whitten Road. Visit foresthillfh.com.

29. Raleigh Office Complex Sold To Local Entity -

An office complex in Raleigh has traded hands after being under the same family ownership for more than 30 years.

Commercial Real Estate Network LLC, a local investor, has purchased the 40,756-square-foot Raleigh Center Office Complex at 2974 Austin Peay Highway from Charles R. Averwater Living Trust for $299,000.

30. Land in G'town's Enclave Sells for $2 Million -

Memphis-based entity Enclave 5 & 6 Joint Venture has bought land in Enclave Planned Development in Germantown from Magna Bank for $2 million. The land, which is on the north side of Wolf River Boulevard west of where Forest Hill-Irene Road would run if extended, is proposed as Enclave phases five and six, according to documents filed with the Shelby County Register of Deeds.

31. Events -

The Gavel Club of Memphis will meet for a Dutch treat lunch Friday, May 25, at 11:30 a.m. at the Holiday Inn University of Memphis, 3700 Central Ave. Rebekah Sudduth, development coordinator for Make-A-Wish Foundation, will speak. Call Bob Gray at 494-8639.

32. $17M in Permit Applications Filed for Miller Creek Apts. -

Miller Creek Apartments
Germantown, TN 38125

Permit Cost: $17.2 million (20 permits)

Permit Date: Applied May 2012

Owner: Miller Creek Residences LLC

33. Events -

Memphis Botanic Garden will hold its Spring’s Best Plant Sale Friday, April 13, through Sunday, April 15, at the garden, 750 Cherry Road. Hours are 9 a.m. to 5 p.m. Friday and Saturday, and 11 a.m. to 4 p.m. Sunday. Admission is free.

34. Cargill Files $1.4M Permit App For Pres. Island Storage Bldg. -

2615 Channel Ave.
Memphis, TN 38113

Permit Cost: $1.4 million

Permit Date: Applied March 2012

35. Mike Murphy Builders Files Loan for 3 Lots in Enclave -

Mike Murphy Builders LLC has filed a construction loan for three lots in Germantown’s Enclave planned development, phase 3, through Financial Federal Savings Bank for $1.1 million. The sizes of the financed lots are 6,759 square feet fronting Enclave Hollow Lane East, 7,032 square feet fronting Terrene Lane and 6,760 square feet fronting Enclave Green Lane West.

36. Nucor Files Application For Steel Operations -

3601 Paul R. Lowry Road
Memphis, TN 38109

Permit Cost: $2 million

Permit Date: Applied February 2012

Owner: Nucor Corp.

37. Council to Weigh Pink Palace Funding -

A $20 million upgrade of the Memphis Pink Palace Museum tops the Tuesday, Feb. 21, Memphis City Council agenda that also includes two items key to Overton Square redevelopment and $510,000 in capital appropriations for the Memphis Area Transit Authority.

38. Org Asks What Memphis is Reading -

Literacy Mid-South has kicked off a Twitter campaign to get Memphians talking about their favorite books.

“What are you reading, Memphis?” encourages people to tweet about books they’re reading, using the hashtag #ReadMemphis.

39. Grays Creek Annexation on City’s Agenda -

Memphis City Council members take up the first of three readings Tuesday, Feb. 7, of an ordinance to annex the Grays Creek area that is in the city’s annexation reserve area.

The ordinance is a reaction to pending state legislation in Nashville that would remove part of the area from the Memphis annexation reserve.

40. Tennessee St. Office Bldg. Again in Foreclosure -

460 Tennessee St.
Memphis, TN 38103

Sale Amount: $3 million

Sale Date: Dec. 1, 2011

41. Events -

The Tennessee Minority Development Council will hold a membership luncheon meeting Friday, Dec. 9, from 11:30 a.m. to 1 p.m. at Regions Bank, assembly room one, first floor, 6200 Poplar Ave. For more information or registration, contact Joyce Tabb at 830-8242 or joyce39268@aol.com.

42. Linkous Builds Retail in Olive Branch -

Despite a dearth of overall construction throughout town, one local construction firm is erecting retail in Olive Branch at an impressive clip.

Linkous Construction Co. Inc. is in the midst of building 108,000 square feet of retail space in the Wedgewood Commons shopping center, 5070 Goodman Road.

43. Trends, Schools Impact Topics for Chandler Q3 Update -

As real estate professionals gather next week to take a look at the latest numbers, they’ll not only learn about local residential and commercial trends, but also be brought up to speed about the potential effect that the schools consolidation could have on real estate.

44. Defense Depot Property Sells for $1.1 Million -

2085 W.E. Freeman Drive
Memphis, TN 38114
Sale Amount: $1.1 million

Sale Date: Sept. 14, 2011

Buyer: Varma Family LP

45. Enclave Lots Sell for $1.4 Million -

J. Terry Pitts, as trustee, has bought 12 lots in Enclave Planned Development from Atlanta-based CRM Central Properties LLC for $1.4 million. Pitts lists a Cordova address.

46. Preserve at Forest Creek Sells for $45.5M -

A Class A apartment community in the Germantown/Collierville submarket has traded hands for $45.5 million – marking the largest multifamily sale in three years.

Preserve at Forest Creek Apartments sold on Wednesday, June 29, for $109,900 per unit to Carter-Haston Real Estate Services Inc.

47. Polley: Local Entrepreneurs Keep Market Going -

With various national and regional retailers finally following suit and getting more active in the Memphis market, sometimes the local entrepreneurs can get overlooked.

As project leasing director of StoneCrest Investments LLC’s Memphis office, Jason Polley has been active in the city’s commercial real estate scene for 12 years, focusing almost exclusively on retail. He works closely with both national and local retailers, but credits the latter in keeping the Memphis retail market afloat.

48. Cabot Affiliate Buys Airport Industrial Warehouse -

3924 Crowfarn Drive
Memphis, TN 38118
Sale Amount: $2.2 million
Sale Date: March 28, 2011
Buyer: Cabot III-TN1M01 LLC
Seller: MM Industrial Memphis LLC

49. Richland Holdings Buys Fountain Brook Lots -

Richland Holdings LLC, which shares a Memphis address with developer Kevin Hyneman Cos., has bought 55 lots in Fountain Brook Planned Development from Cadence Bank for $1.1 million. The transaction closed March 29.

50. Renovations Begin at Pinnacle Headquarters -

40 S. Main St.
Memphis, TN 38103
Permit Amount: $8.7 Million

Project Cost: $8.7 million
Permit Date: Applied February 2011
Owner: Memphis Commerce Square Partners
Tenant: Pinnacle Airlines Corp.
Contractor: Grinder, Taber & Grinder Inc.

51. Duntreath, Kateland Sell Properties to Magna Bank -

Duntreath Partners and Kateland Inc. have sold property in lieu of foreclosure to Magna Bank. G. Benjamin Clark signed the sale documents as general partner in Duntreath Partners and president of Kateland Inc.

52. Boyle Fund Pays $14M for Germantown Mall -

Boyle Investment Co. has made its first Memphis acquisition since setting up its Midsouth Capital Fund I LLC by acquiring a significant amount of Belz Enterprises Inc.’s interest in Germantown Village Square Shopping Center.

53. Bank Reclaims Land Following Foreclosure -

The Bank of Fayette County has paid $1.2 million for 1.57 acres of vacant land in Collierville after foreclosing on the property late last year.

54. IDB to Discuss Consolidation At September Meeting -

In other IDB news, members of the Memphis-Shelby County Industrial Development Board will talk over the proposed consolidation charter at their September meeting.

The board wants to talk over the part of the charter that would make economic development a city department with a director who reports directly to the metro mayor.

55. Crews Buys Collierville Hampton -

1280 W. Poplar Ave.
Collierville, TN 38017
Sale Amount: $5.1 Million

Sale Date: May 11, 2010
Buyer: SGR LLC
Seller: Collierville Hotels GP
Loan Amount: $3.8 million
Loan Date: May 11, 2010
Maturity Date: May 11, 2015
Lender: First Citizens National Bank

56. Bank of Fayette County Buys Collierville Acreage -

The Bank of Fayette County has paid $1 million for a 1.56-acre parcel of land along the east side of Houston Levee Road in Collierville.

57. Lightman Files Permit for Retail Center -

7706 Winchester Road
Memphis, TN 38125
Permit Amount: $1 Million

Project Cost: $3 million
Permit Date: Applied January 2010
Completion: Late summer
Owner: Michael Lightman Realty LLC
Tenant: TBD
Contractor: Linkous Construction Co. Inc.
Architect: Al Davidson of Davidson LLC

58. Mega Bucks -

Ten years ago, Jim Ewing and Jim Bruce wrote a piece for Site Selection, a trade magazine for people in the business of consulting on the best locations to build industrial plants. It was called “The Approaching Industrial Land Shortfall.”

59. Abner Building Borrows $1.3M For Collierville Property -

Abner Building Co. LLC has taken out an open-end mortgage for $1.3 million from Hardin County Bank for 1.34 acres in Collierville’s Ballard Property Planned Development. Abner took out the loan Oct. 12, although the deed is just now showing up in public records.

60. $1.5M Construction Loan Filed for Enclave PD -

Duntreath Investments LLC has filed a $1.5 million construction loan through Magna Bank to build homes on four lots of the Enclave Planned Development’s third phase in Germantown. The 15.95-acre, 50-lot phase is north of Wolf River Boulevard in Germantown, between Farmington Boulevard and Forest Hill-Irene Road.

61. Dishmon Joins UT Medical Group -

Dr. Dwight “Dan” Dishmon has joined the Department of Medicine at UT Medical Group.
Dishmon is an interventional cardiologist and cares for adults with ischemic heart disease and peripheral arterial disease.
He earned his medical degree and completed his internal medicine residency and general cardiology fellowship training at the University of Tennessee Health Science Center. He later completed additional fellowship training at Michigan State University’s Borgess Medical Center. 

62. Golf Performance Center Slated For Timberlake’s Mirimichi -

6129 Woodstock Cuba Road
Millington, TN 38053
Permit Amount: $1.3 Million

Project Cost: $1.3 million
Permit Date: Applied October 2009
Completion: 2010
Owner: Big Creek Golf LLC
Tenant: Callaway Performance Center
Contractor: Eagle Contractors Inc.
Architect: N/A

63. Owners Serious About Kick-Starting Troubled Subdivision -

The Vinings at Germantown, a 63-lot development off Winchester Road, appears poised to close the book on a checkered past that includes several ownership groups and a litany of financial woes.

The 32-acre subdivision seemed doomed from its earliest stages when developer Levitt and Sons filed for bankruptcy in 2007. Then its second owner, The Hyneman Cos. LLC – led by developer William “Rusty” Hyneman – sold the property soon after buying it in December 2007 for a little less than $10 million.

64. A River Runs Through Us: Memphis’ once and future connection with the Wolf -

A cottonmouth slithers through the marsh. A wolf spider clings to a cypress tree. A white heron soars above the bottomland forest.

Paddle a canoe down the Ghost River section of the Wolf River in Fayette County and you’ll travel through multiple, distinct ecosystems teeming with wildlife. But while animal sightings convey the true spirit of the Wolf, only one creature – the elusive “river rat” – can verbalize why this river and its wetland corridor are so important.

65. Construction Specifications Institute Elects Davidson President of Memphis Chapter -

Pam Davidson has been elected president of the Memphis chapter of the Construction Specifications Institute. Davidson will serve as the third female president in the organization’s 50-year history.

66. Kohl’s Repairs Storm Damage At Cordova Department Store -

2335 N. Germantown Parkway
Cordova, TN 38016
Permit Amount: $550,000

Project Cost: $550,000
Permit Date: Applied August 2009
Completion: August 2009
Owner: Kohl’s
Tenant: Kohl’s
Contractor: InStar Services Group LP

67. Abner Building Buys 1.34 Acres in Collierville -

A company called Abner Building Co. LLC on July 31 paid $554,648 for 1.34 acres in Collierville. The land is an outparcel of the 55-acre Ballard Property Planned Development at the northeast corner of Houston Levee Road and Crooked Creek Drive, near Poplar Avenue.

68. Gardens of Germantown Secures Funding to Build Alzheimer’s Facility -

3179 Professional Plaza
Germantown, TN 38138
Loan Amount: $8 Million
Loan Date: July 16, 2009


Maturity Date: Aug. 1, 2050
Borrower: Gardens of Germantown LLC
Lender: Deutsche Bank Berkshire Mortgage Inc.
Details: The developer of an Alzheimer’s facility called the Gardens of Germantown has filed an $8 million construction loan through Deutsche Bank Berkshire Mortgage Inc.

69. Commercial Real Estate Pocked by Financial Ruins -

Commercial real estate deals used to be hammered out in boardrooms, but with the rise of foreclosures in that sector, many of them are now being negotiated at the courthouse.

The steps of the Shelby County Courthouse proved to be a hot spot for high-dollar, high-profile commercial deals in June, a month that saw the most lucrative transaction and two of the top three sales occur following foreclosures.

70. U of M to Build Weight Room At Park Avenue Campus -

1115 E. Getwell Loop
Memphis, TN 38111
Permit Amount: $2.1 Million

Project Cost: $2.1 million
Permit Date: Applied July 2009
Completion: Late summer or early fall 2010
Owner: University of Memphis
Tenant: University of Memphis
Contractor: TBA
Architect: Evans Taylor Foster Childress Architects

71. Mixed-Use Development Slated For Southeast Shelby County -

50 acres at Forest Hill-Irene Road and Tenn. 385
Memphis, TN 38125
Sale Amount: $4 Million

Sale Date: June 26, 2009
Buyer: Edward Rose Development Co. LLC
Seller: Turley LP

72. $1.7M Loan Filed For Retail Center -

BAR LLC has filed a $1.7 million construction loan through First State Bank to build a 4,500-square-foot retail center at 4356 Forest Hill-Irene Road in Southeast Memphis. The center will be co-anchored by a gas station/convenience store and a Subway restaurant with a detached automated car wash.

73. Michigan Co. Buys Land for Development -

Edward Rose Development Co. LLC has bought 50 acres at the southeast corner of Forest Hill-Irene Road and Tenn. 385 for $4 million from Turley LP.

74. MAHBA Mothballs First-Time Buyer Program -

As if builders didn’t have enough headaches, a new program launched last month by the Memphis Area Home Builders Association to increase home sales had to be scrapped because of a legality.

Don Glays and Stephen Hodgkins, MAHBA executive director and president, respectively, said a program in which the trade association would lend $8,000 of down payment money to homebuyers and recoup the money through the federal tax credit was rejected by the U.S. Office of Management and Budget.

75. Carriage Crossing Jewelry Store Sold to Florida Investor -

4615 Merchants Park Circle
Collierville, TN 38017
Sale Amount: $2.8 Million

Sale Date: May 6, 2009
Buyer: Philip Brabyn
Seller: Carriage Avenue LLC
Loan Amount: $1.1 million
Loan Date: May 8, 2009
Maturity Date: July 1, 2009
Lender: Financial Federal Savings Bank

76. Home Sales Freefall Continues in Q1 -

Shelby County home sales continued their downward spiral during the first quarter of 2009, proof that consumer confidence has yet to be restored and that credit issues have yet to be resolved.

Just 3,078 homes were sold in the first three months of 2009, down 25 percent from 4,101 in Q1 2008, according to the latest data from real estate information company Chandler Reports, www.chandlerreports.com. The period’s total marked the lowest first quarter since Q1 2001, which saw 3,107 home sales.

77. Permit Filed For Owens Corning Alteration -

693 Corrine Ave.
Memphis, TN 38107
Permit Cost: $600,000

Permit Date: Applied March 2009
Owner: Belz Union Realty Co. GP
Tenant: Owens Corning Corp.
Contractor: Southern Integrated Services Inc.

78. Bank Reclaims Two Homes, 55 Lots for $1.6 Million -

First Tennessee Bank NA has bought back two homes and 55 lots owned by J. Sweeney Homes LLC after foreclosing on the properties earlier this year. First Tennessee acquired the homes and lots March 23 in a $1.6 million substitute trustee’s sale on the courthouse steps.

79. $2M Retail Center to Rise Near Rose Complex -

A $2 million retail center – co-anchored by a gas station/convenience store and a Subway restaurant with a detached automated car wash – will rise soon at 4356 Forest Hill-Irene Road in Southeast Memphis, the project’s developer confirmed last week.

80. FRS Powersports Building New Motorcycle/ATV Shop -

2175 Whitten Road
Memphis, TN 38133
Loan Amount: $2 Million

Loan Date: Oct. 31, 2008
Maturity Date: Nov. 1, 2009
Borrower: FRS Industries Inc.
Lender: BancorpSouth Bank

81. 62-Bed Alzheimer’s Facility Coming to Germantown - 3179 Professional Plaza
Germantown, TN 38138
Permit Amount: $5.6 Million

Project Cost: $5.6 million
Permit Date: Applied October 2008
Completion: October or November of 2009
Owner: Alexander Enterprises
Tenant: Alexander Enterprises
Contractor: Patton and Taylor Enterprises
Architect: O.T. Marshall Architects

Details: An Alzheimer’s facility called the Gardens of Germantown soon will rise at 3179 Professional Plaza, which runs between Poplar Avenue and Poplar Pike near the Germantown/Collierville border.

Developer Alexander Enterprises has filed a permit application with the city-county Department of Construction Code Enforcement to build the 30,500-square-foot, single-story facility. The Gardens of Germantown will be a 48-unit, 62-bed facility that sits on roughly half of a 4.36 acre-parcel backing up to the Village Shops of Forest Hill retail center. Beacon Communities Inc. of Cumming, Ga., will manage the facility.

Construction on the building, set to begin in December, should take 10 months, said Michael Alexander of Alexander Enterprises, with an opening projected for October or November 2009. The property has been divided into two lots, with the Gardens of Germantown slated for the northwest corner of the property.


1.46 Acres in Commons at Dexter Lake
Cordova, TN 38018
Loan Amount: $1.2 Million

Loan Date: Oct. 2, 2008
Maturity Date: April 22, 2009
Borrower: Commons at Dexter Lake LLC
Lender: First Citizens National Bank

Details: A $1.6 million retail center with a French Quarter motif is being built in Cordova. The Commons at Dexter Lake LLC has filed a $1.2 million construction loan to build a 10,400-square-foot retail center, dubbed Vieux Carré, south of Dexter Road and west of Chickering Lane. Construction started last week. The development team bought the land from John B. Maxwell Jr., trustee for the sellers, for $334,541 and filed the construction loan through First Citizens National Bank. Commons at Dexter Lake LLC principal Nancy Waddell signed the trust deed. The center will sit on a 1.46-acre parcel near the Commons at Dexter Lake retail center and the Reserve at Dexter Lake apartments. A spokesman for the developer said the seven-bay center already has five leases signed. Tenants include a Belle Meade salon, financial planner Martin Hearn, a Crown Trophy store and a florist/gift shop. Jeff Blackledge is architect for Vieux Carré. KT Construction LLC, whose partners are Scott Turnage and Riley Kail, will be the general contractor. Turnage said the company is “stripping the lot off right now and pushing hard for the first of the year” to complete the center. “We’re going to go for kind of a hybrid French Quarter style – we’re going to be doing more of a Bourbon Street look,” Turnage said. “It’s going to be a strip center, but we’re going to try to give each space individuality, using depth and height offsets to try to give each space somewhat of a unique appearance.” More retail space will be coming to the site soon.


6075 Winchester Road
Memphis, TN 38115
Sale Amount: $1.4 Million

Sale Date: Oct. 23, 2008
Buyer: World Overcomers Outreach Ministries Church Inc.
Seller: Carlyle Rock Ridge LLC
Loan Amount: $1.2 million
Loan Date: Oct. 24, 2008
Maturity Date: N/A
Lender: Tri-State Bank of Memphis

Details: World Overcomers Outreach Ministries Church Inc. has bought the Hickory Ridge Mall for $1.4 million from Carlyle Rock Ridge LLC. The roughly 500,000-square-foot Hickory Ridge Mall sits on 44 acres at 6075 Winchester Road in Hickory Hill. It was damaged by a tornado during the Feb. 5 storms that ripped through the southern and southeastern areas of town. World Overcomers will retain its congregational home at the former Central Church at 6655 Winchester Road, down the road from the mall. The church bought that property in 2001 for $10 million. Church pastor Alton Williams has announced plans to turn the mall into a Christian community center, replete with a restaurant, banquet hall, theater and other services for the neighborhood. The Hickory Ridge Mall opened in 1981 to much fanfare, but it steadily declined over the years as newer malls opened in other parts of town and tenants departed. The February storm proved to be a death knell for the mall. Although the city of Memphis considered buying it and turning it into a satellite office for city services, the renovation proved too costly.


...

82. Election Fever -

Topped by the presidential race between Democrat Barack Obama and Republican John McCain, today’s ballot features a special City Council election as well as eight city of Memphis charter amendments and two Shelby County charter amendments.

83. Interface Properties Re-Enters Memphis Market -

A Florida development company absent from the Memphis market for the past few years is returning to the area with plans to develop outparcels at a Collierville retail center and a Germantown hotel.

84. Collierville Acreage Sells for $1.4 Million -

The Houston Levee Trust has bought two tracts of land totaling 2.48 acres on the Ballard Property Planned Development in Collierville for $1.4 million from the Forest Hill Land Trust, with Douglas R. Beaty as trustee.

85. Community Bank Buys C’ville Parcel for $1.6M -

Community Bank NA has bought 1.5 acres in Collierville for $1.6 million with plans to build a full-service branch on the site, albeit at a later date. The parcel, on the northeast corner of Houston Levee Road and Crooked Creek Drive, is part of the 55-acre Ballard Property Planned Development.

86. Office Building to Rise In Forest Hill-Irene Subdivision -

Lot on Centre Oak Way
Germantown, TN 38138
Loan Amount: $1.1 million

Loan Date: March 31, 2008

Borrower: Reed White Holdings LLC

87. $1.1M Construction LoanFiled for G'Town Land -      Reed White Holdings LLC has filed a $1.1 million construction loan for a lot in the Forest Hill-Irene commercial subdivision. The lot is on Centre Oak Way, which is on the west side of Forest Hill-Irene Road, between Pop

88. Shoemaker Financial's Allen Earns Circle of Excellence -

Frank Allen, a certified financial planner and financial adviser with Shoemaker Financial, has achieved the Circle of Excellence award from Securian Financial Services for his performance in 2007.

89. Archived Article -

3660, 3670 and 3680 Houston Levee Road
Collierville, TN 38017
Sale Amount: $15.8 million

Sale Date: Jan. 22, 2008

90. Hyneman Cos. Buys LandFrom Bankrupt Levitt -      The Hyneman Cos. LLC, the development company headed by William "Rusty" Hyneman, has bought Memphis property owned by now-bankrupt Levitt and Sons LLC for nearly $10 million, according to documents filed with the Shelby

91. State Tax Lien FiledAgainst Forest Hill -      A $22,176.46 state tax lien has been filed against Forest Hill Funeral Home and Mem East LLC, according to The Daily News Online, www.memphisdailynews.com.
     The lien was filed on behalf

92. Archived Article -

40 lots in Shelby
And DeSoto counties
Loan Amount: $3.6 million

Loan Date: Sept. 13, 2007

Maturity Date: Sept. 20, 2012

93. Clark & Clark Partner To Sell Forestbrook Lots -      Ben Clark, partner in Clark & Clark real estate development firm, has bought property in Germantown's Forestbrook Subdivision. Clark's Kateland Inc. entity, of which he is president, bought seven lots in Forestbrook last

94. Site Work on Prototype Hyatt Place to Begin Soon -

10.8 acres slated to become
Hyatt Place, Outparcels
Sale Amount: $2.2 million

Sale Date: Aug. 30, 2007

95. Beale Street's Dreamer Looks To Other Adventures -

"The seven wonders of the world I've seen,

And many are the places I have been,

Take my advice, folks, and see Beale Street first."
- "Beale Street Blues," W.C. Handy

Concert posters, jackets worn and signed by music icons such as Garth Brooks and B.B. King and an entire wall of Ernest Withers photos greet visitors inside the office of Performa Entertainment Real Estate.
The company's Beale Street storefront is decked out with scores of other trinkets, including head sculptures of the four members of the rock group K.I.S.S.

96. BankTennessee Branches Out -

BankTennessee might not be the largest or most recognizable financial institution whose title contains the state name.

But Collierville-based BankTennessee - with five branches, about $220 million in total assets and $183 million in deposits - has found plenty of success carving its niche as a community bank.

97. Legent Buys, Finances26 lots in Fountain Brook -      Legent Homes LLC has bought 26 lots in Cordova's Fountain Brook Planned Development in two transactions.
     The company on Feb. 16 bought six lots in phase one for $294,000 from Fountain B

98. Luxury Garden Apartment Market Blooms in Cordova -

When Davis Development Inc. gets finished sculpting its planned 226-unit apartment development out of a bare patch of land in Cordova, the product will be more than your average multifamily complex.

99. Archived Article -

1715 Aaron Brenner Drive
Memphis, TN 38120
Sale Amount: $38.1 million

Sale Date: Dec. 11, 2006

Buyer: PKY Fund Memphis I LLC

100. Hyneman-Affiliated CompanyBuys Land near Berryhill Road -      Fountain Brook LLC has bought more than 28 acres on Berryhill Road in Cordova from F. William Hackmeyer Jr. for $1.5 million. On the east side of Berryhill near North Forest Hill-Irene Road, 16.1 acres of the land is sla