Editorial Results (free)
1.
Former Ike’s on Summer Sells for $2.7 Million -
Monday, May 27, 2013
4569 Summer Ave. Memphis, TN 38122
Sale Amount: $2.7 million
Sale Date: May 17, 2013
2.
Ford Files Trust Deed for Sycamore View Property -
Tuesday, May 21, 2013
Former U.S. Rep. Harold Ford Sr. of Memphis has filed a $900,000 loan on the shopping center at 1670 Sycamore View Road in Northeast Memphis that he recently bought.
3.
Cresthaven Medical Building Sells for $2.5 Million -
Tuesday, May 21, 2013
1068 Cresthaven Road Memphis, TN 38119
Sale Amount: $2.5 million
Sale Date: May 2, 2013
4.
Nike Distribution Center Issued $4.4 Million Permit -
Monday, May 20, 2013
The city-county Office of Construction Code Enforcement has issued a $4.4 million mechanical permit for work on Nike Inc.’s North Memphis distribution center at 3100 New Frayser Blvd.
5.
Oakhaven Warehouse Sells After Foreclosure -
Tuesday, May 14, 2013
4120 Air Trans Road, Memphis, TN 38118
Sale Amount: $2.5 million
Sale Date: May 7, 2013
6.
Nike Files $3 Million Permit for Distribution Center -
Wednesday, May 08, 2013
Nike Inc. has filed a $3 million permit application with the city-county Office of Construction Code Enforcement for work on its North Memphis distribution center at 3100 New Frayser Blvd.
7.
Georgia-Pacific Pays $1.5 Billion for Buckeye Technologies -
Wednesday, April 24, 2013
Memphis-based Buckeye Technologies Inc. is being bought by Georgia-Pacific LLC, the two companies announced Wednesday, April 24.
The deal, valued at approximately $1.5 billion, including debt, still faces regulatory approval. But the boards of both companies have signed off on terms that include Buckeye stockholders getting $37.50 per share.
8.
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
9.
Harold Ford Sr. Buys Sycamore View Property -
Friday, April 12, 2013
Former U.S. Rep. Harold Ford Sr. of Memphis has paid $1.8 million for a shopping center at 1670 Sycamore View Road in Northeast Memphis.
10.
Swinnea Warehouse Sold in Lieu of Foreclosure -
Tuesday, March 19, 2013
4550 Swinnea Road, Memphis, TN 38118
Sale Amount: $4.2 million
Sale Date: March 7, 2013
Buyer: JPMCC 2007-LDP10 – 4550 SWINNEA RD LLC
Seller: Industrial Memphis International Owner LLC
Details: The Memphis International Distribution Center at 4550 Swinnea Road in Oakhaven has sold for $4.2 million in lieu of foreclosure.
11.
FedEx Headquarters Building Sells for $22.6 Million -
Tuesday, March 12, 2013
942 S. Shady Grove Road Memphis, TN 38119
Sale Amount: $22.6 million
Sale Date: Feb. 21, 2013
12.
FedEx Headquarters Building Sells for $22.6 Million -
Wednesday, March 06, 2013
The building that houses the corporate headquarters of FedEx Corp. at 942 S. Shady Grove Road in East Memphis has sold for $22.6 million.
13.
J-Line Pump Growing in Collierville -
Friday, February 22, 2013
A local pumping equipment manufacturer is increasing its presence in the Collierville market.
J-Line Pump Co., doing business as American-Marsh Pumps, bought the 81,260-square-foot warehouse on 12.4 acres at 550 E. South St. for $1.4 million. This will be in addition to the adjoining 110,000-square-foot warehouse at 185 Progress Road the company has occupied since 1999.
14.
Nike Buys Frayser Land From Belz for Expansion -
Tuesday, February 05, 2013
200 acres in Frayser Sale Amount: $2.2 million
Sale Date: Jan. 24, 2013
Buyer: Nike TN Inc.
15.
Nike Buys Frayser Land From Belz for Expansion -
Friday, February 01, 2013
Nike Inc. has paid $2.2 million for about 200 acres of vacant land in Frayser from Belz Investco GP for an expansion of its North Memphis distribution center.
16.
Realty Income Corp. Buys Herbalife Facility -
Tuesday, January 15, 2013
5025 Crumpler Road Memphis, TN 38141
Sale Amount: $16.6 million
17.
Sekisui, Circa to Relocate Spaces -
Thursday, January 10, 2013
Two East Memphis restaurants soon will have new addresses.
Sekisui is moving from its original location in the Shops of Humphreys Center, 50 Humphreys Blvd., into Circa by John Bragg’s space in Regalia Shopping Center at 6150 Poplar Ave., suite 122. Circa plans to relocate west to Chickasaw Crossing, 2855 Poplar, in the space where Ronnie Grisanti’s restaurant operated for years.
18.
Realty Income Corp. Buys Herbalife Facility -
Wednesday, January 09, 2013
An affiliate of Escondido, Calif.-based Realty Income Corp. has paid $16.6 million for the Herbalife International of America Inc. distribution center at 5025 Crumpler Road in Hickory Hill.
19.
RocketFuel to Relocate Downtown Office -
Monday, December 10, 2012
RocketFuel LLC is preparing to relocate its Downtown office a block south to Belz Investco GP’s 88 Union Ave.
20.
Delek Buys Lion Oil Facility for $6.4 Million -
Tuesday, November 20, 2012
1023 Riverside Drive Memphis, TN 38106
Sale Amount: $6.4 million
Sale Date: Nov. 7, 2012
21.
Owner Files $10 Million Loan on DoubleTree Hotel -
Friday, November 16, 2012
GP Memphis LP has filed a $10 million loan through Goldman Sachs Mortgage Co. on the DoubleTree by Hilton Memphis hotel at 5069 Sanderlin Ave. in East Memphis.
22.
Center City Revenue Finance Corp. Passes Financing for Downtown Buildings -
Thursday, November 15, 2012
The Downtown Memphis Commission’s Center City Revenue Finance Corp. passed several housekeeping items at its Tuesday, Nov. 13, board meeting, including assigning a payment-in-lieu-of-taxes (PILOT) lease agreement to Montreal-based Olymbec USA LLC for Brinkley Plaza, 80 Monroe Ave.
23.
Center City Revenue Finance Corp. to Consider Brinkley Plaza Tax Break -
Thursday, November 08, 2012
The Downtown Memphis Commission’s Center City Revenue Finance Corp. (CCRFC) has a full agenda for its Tuesday, Nov. 13, board meeting, with leasing and financing requests for Brinkley Plaza, Toyota Plaza and the Peabody Hotel Tract.
24.
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.
25.
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.
26.
Millstone Medical Expands Local Operations -
Friday, August 31, 2012
Fall River, Mass.-based Millstone Medical Outsourcing LLC is relocating its Memphis operations to a larger Olive Branch facility to broaden services and capacity.
27.
Herbalife Plans to Expand Memphis Distribution Center -
Tuesday, August 21, 2012
5025 Crumpler Road
Memphis, TN 38141
Permit Cost: $4.8 million
Permit Date: Applied August 2012
28.
Invacare Inks Lease in SE Memphis -
Friday, August 17, 2012
Invacare Continuing Care Inc. has inked a 3,500-square-foot lease at 4187 Senator St. in Southeast Memphis.
29.
Herbalife Plans to Expand SE Memphis Distribution Ctr. -
Tuesday, August 14, 2012
Los Angeles-based Herbalife Ltd. is planning to expand its distribution center in the Southeast Memphis industrial submarket, filing a $4.8 million building permit application for the 5025 Crumpler Road property. The nutrition-focused multilevel-marketing company leases the site, which is in Chickasaw Distribution Center, from Memphis Herb GP.
30.
Grant Entity Files $20M Loan For Collierville Construction -
Tuesday, August 07, 2012
25 acres north
Of Shea Road
Loan Amount: $20.4 million
Loan Date: July 31, 2012
Maturity Date: Aug. 1, 2017
Borrower: Westbrook Crossing GP
Lender: Magna Bank
31.
National Capital Management Expands -
Friday, July 20, 2012
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.
32.
Praxair Files $2M Permit App for Pidgeon Park Site Work -
Tuesday, July 10, 2012
3587 Paul R. Lowry Road
Memphis, TN 38109
Permit Cost: $2 million
Permit Date: Applied June 2012
Owner: Praxair Inc.
Tenant: Praxair Inc.
Contractor: W.G. Yates & Sons Construction Co.
Details: Praxair Inc., an industrial gases company that operates an air separation complex in Frank C. Pidgeon Industrial Park, has filed a $2 million building permit application to lay a foundation at its facility, 3587 Paul. R. Lowry Road.
33.
Highland Meadows Sells for $5.5 Million -
Tuesday, May 01, 2012
5045 Airways Blvd.
Memphis, TN 38116
Sale Amount: $5.5 million
Sale Date: April 25, 2012
34.
Unified Moves To East Pointe Biz Center -
Friday, April 20, 2012
An independent forensic engineering and investigations company has relocated its Mid-South Service Center to a more secure location.
Unified Investigations & Sciences Inc. has inked 8,565 square feet in East Pointe Business Center Building D, 3875 Vantech Drive. The Suwanee, Ga.-based tenant was previously located at 3955 Whitebrook Drive, where it serviced Arkansas, North Mississippi and West Tennessee.
35.
‘Washington Courtyard’ Sells For $900K -
Friday, February 24, 2012
A trio of office buildings at Washington Avenue and Danny Thomas Boulevard has traded hands for $900,000.
Investment group 301 WA LTD LLC of Arizona purchased the assets from Gregory Realty GP. Brian Califf of NAI Saig Co. represented the seller.
36.
Elite Electric Relocates to Hickory Withe -
Friday, February 03, 2012
A local electrical designer is relocating its operations from Collierville to Hickory Withe.
Elite Electric & Lighting Inc. has purchased 5,000 square feet of the former John Deere Landscapes facility at 2875 U.S. 64 from K&L Highway 64 Investments LLC for $425,000.
37.
STCC Takes Next Step In Nursing Bldg. Plans -
Tuesday, January 31, 2012
693 Union Ave.
Memphis, TN 38103
Permit Cost: $14.6 million
Project Cost: $18.2 million
38.
Family Dollar Bldg. Sells for $1.1M -
Tuesday, January 24, 2012
Texas-based DCTN3 330 Highway 61 Memphis TN LLC has bought a Family Dollar building on 3390 U.S. 61 (also known as South Third Street) from Marketplace Development LLC for $1.1 million. In conjunction with the purchase, DCTN3 330 filed a $800,200 trust deed through Bank of the Ozarks.
39.
Holmes Road Acreage, Lots Sell for $1.6M in Foreclosure -
Monday, December 26, 2011
Property on Holmes Road
Memphis, TN 38109
Sale Amount: $1.6 million
Sale Date: Nov. 18, 2011
Buyer: Renasant Bank
40.
FedEx-Leased Building Financed for $9.9M -
Wednesday, December 21, 2011
Monmouth Real Estate Investment Corp. has filed a $9.9 million trust deed through First SunAmerica Life Insurance Co. for a warehouse at 5025 Tuggle Road occupied by FedEx Global Supply Chain Services Inc.
41.
Land South of Shelby Forest Sells for $2.3 Million -
Tuesday, December 06, 2011
Vacant Land
Near Shelby Forest Park
Sale Amount: $2.3 million
Sale Date: Nov. 17, 2011
Buyer: Warren Nickolas Nunn
Seller: Estate of William S. Howard Sr.
Loan Amount: $2.5 million
Loan Date: Nov. 18, 2011
Maturity Date: n/a
Lender: Patriot Bank
Details: Warren Nickolas Nunn has bought several large parcels of vacant land from the estate of William S. Howard Sr. for $2.3 million, financing it with a $2.5 million loan through Patriot Bank.
42.
Lightman Entity Buys Sanderlin Centre -
Tuesday, November 08, 2011
5101 Sanderlin Ave.
Memphis, TN 38117
Sale Amount: $5.3 million
Sale Date: Nov. 1, 2011
43.
Somerset Park Apartments Sell for $1.1 Million -
Tuesday, November 01, 2011
3425 Winchester Park Drive
Memphis, TN 38118
Sale Amount: $1.1 Million
44.
Nissan North America Renews Lease In SE Shelby -
Friday, October 28, 2011
Nissan North America Inc. has renewed its 413,000-square-foot lease in Southeast Shelby County.
45.
CVS Buys Bartlett Locale for Pharmacy -
Tuesday, October 25, 2011
A local affiliate of Woonsocket, R.I.-based CVS Caremark Corp., has bought the former Blue Plate Cafe at 6676 Stage Road in Bartlett from Stage Centre GP and Gill Enterprises GP in two transactions for a combined $2.2 million.
46.
Shelby Oaks Red Roof Among 143 Sold -
Tuesday, September 27, 2011
6055 Shelby Oaks Drive
Memphis, TN 38134
Sale Amount: $1.6 million
47.
Memphis Partnership Buys 65 Memphis-Area Properties -
Monday, September 26, 2011
RJ Real Estate Holdings GP, a Tennessee general partnership composed of Richard A. Cole and Jack A. Whitaker Jr., has bought properties in Shelby, Tipton and DeSoto counties for $3.2 million from Aubrey Bruce Wring; Virginia A. Wring; Aubrey B. Wring and Virginia A. Wring, trustees of the Wring Family Revocable Trust; Wring Real Estate LLC; Affordable Management LLC; and A&B Enterprises LLC.
48.
New York Co. Buys Medical Office Buildings -
Tuesday, September 20, 2011
1333 Poplar Ave.
Memphis, TN 38104
Sale Amount: $2.9 million
Sale Date: Aug. 26, 2011
49.
Lease on Former Three Alarm Studio in Foreclosure Again -
Friday, September 16, 2011
The leasehold on a former Downtown Memphis fire station with a checkered 25-year history and a strategic location – 200 Linden Ave. – is facing foreclosure again.
50.
Foreclosure Notice Filed for 200 Linden Leasehold -
Wednesday, September 14, 2011
A first-run foreclosure notice has been filed for a leasehold interest of 200 Linden Ave., a former fire station that also has operated as a recording studio and a nightclub.
51.
Substantial Deal Inked By Ontario-Based Manufacturer -
Friday, September 09, 2011
A substantial lease has been signed in a formerly distressed southwest Memphis industrial park that has made leaps and bounds since it was purchased by an out-of-town investor earlier this year.
KIK Custom Products, an Ontario-based manufacturer of national and retail brand consumer products, has signed a lease for 115,000 square feet in the Space Center Industrial Park, 265-353 Titan Drive.
52.
MC Ionic Solutions US Begins Work on Fite Rd. Site -
Tuesday, July 19, 2011
2665 Fite Road
Memphis, TN 38127
Permit Amount: $1.3 million
Permit Date: Applied July 2011
53.
MEPPI Buys Rivergate Park Acreage For Transformer Plant -
Tuesday, June 07, 2011
186.2 Acres In Rivergate Industrial Park
Sale Amount: $3.7 million
Sale Date: May 31, 2011
Buyer: Mitsubishi Electric Power Products Inc.
Seller: Belz Investco GP
Details: Warrendale, Pa.-based Mitsubishi Electric Power Products Inc. has bought three parcels in Rivergate Industrial Park from Belz Investco GP for $3.7 million. The deal closed May 31. The first parcel is 9.3 acres on the north side of Riverport Road (listed in the deed as Rivergate Road). It backs McKellar Lake, and the Shelby County Assessor of Property’s 2011 appraisal is $419,000. The second parcel is 63 acres on the south side of Riverport Road, appraised at $604,600. The third parcel is 113.9 acres on the north side of Riverport Road, wrapping around the 9.3-acre parcel and including an offshoot of McKellar Lake. Its 2011 appraisal is $769,600.
MEPPI announced in mid-February it would build a $200 million transformer manufacturing plant in Belz Enterprises Inc.-owned Rivergate Industrial Park.
In March, the Shelby County Commission and Memphis City Council each put in $1 million toward infrastructure financing for the project.
54.
Mitsubishi Buys Land for Transformer Plant -
Friday, June 03, 2011
Warrendale, Pa.-based Mitsubishi Electric Power Products Inc. has bought three parcels in Rivergate Industrial Park from Belz Investco GP for $3.7 million. The deal closed May 31.
55.
Blues City Brewery Buys Hardy Bottling -
Tuesday, May 17, 2011
5151 E. Raines Road
Memphis, TN 38118
Sale Amount: $10 million
Sale Date: May 2, 2011
Buyer: Blues City Brewery LLC
Seller: Chism Hardy Enterprises LLC
56.
Northeast Submarket Bolstered By Trio of Deals -
Friday, April 15, 2011
A handful of industrial deals in recent weeks hit Northeast Memphis in full force, significantly tightening the already solid submarket.
Mattress Firm has signed a 23,500-square-foot lease in Century Center, 1590 Century Circle, for a new retail and distribution space.
57.
Glencore Grain Buys Mendenhall Warehouse -
Tuesday, April 05, 2011
4834 S. Mendenhall Road
Memphis, TN 38118
Sale Amount: $6 Million
Sale Date: March 25, 2011
Buyer: Glencore Grain USA LLC
Seller: ProLogis NA2 Tennessee LLC
58.
WPG Americas Signs Lease in Southaven -
Friday, March 18, 2011
A San Jose, Calif.-based worldwide electronics distributor is entering the Memphis area with full force.
WPG Americas Inc. has signed a 54,000-square-foot lease at Airways Distribution Center, 481 Industrial Drive, in Southaven. The project – a relocation of the WPG America’s New York facility – represents a $1.5 million investment by the company and will create 60 jobs over the next three years.
59.
In Tough Economy, Rental Property Investments Shine -
Wednesday, March 02, 2011
With the housing market depressed and credit tight, Memphis’ home rental business doesn’t appear to be losing steam any time soon.
Last week, Memphis Investment Properties LLC hosted a three-day tour for a group of 19 New Zealand investors that bought 16 houses for a total $1.08 million.
60.
Renovations Begin at Pinnacle Headquarters -
Tuesday, March 01, 2011
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.
61.
Staples to Build First Memphis Location -
Friday, February 25, 2011
The world’s largest office products company will soon enter the Memphis market.
Framingham, Mass.-based Staples Inc. has signed a 17,945-square-foot lease at Ridgeway Trace, the shopping center at Poplar Avenue and Interstate 240 developed by Houston-based Weingarten Realty Investors.
62.
Family Dollar Signs 2 Leases for Stores -
Friday, February 11, 2011
Family Dollar has signed a 12,000-square-foot lease at 2754 Lamar Ave. Shawn Massey, partner with The Shopping Center Group LLC, represented the tenant. Harold Blockman with Keller Williams Realty Inc. represented the landlord, Chong K and Dul S. Pae.
63.
Wolf River Blvd. Land Sells in Lieu of Foreclosure -
Tuesday, February 08, 2011
Two parcels on Wolf River Boulevard
Sale Amount: $1.7 million
Sale Date: Dec. 28, 2010
Buyer: SunTrust Bank
Seller: Wolfby GP
64.
Ongoing Foreclosure Crisis Far From Over -
Friday, January 28, 2011
The foreclosure crisis will get worse before it gets better – with 1 million homes foreclosed in 2010 and even more projected for default in 2011.
That was the message a room full of real estate professionals received this week when real estate information company Chandler Reports hosted its quarterly seminar on Shelby County Market trends, “Master Your Market: Year-in-Review.”
65.
Louis Dreyfus Buys Kentucky Drive Warehouse -
Tuesday, January 25, 2011
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.
66.
GPSmyCity.com Unveils Memphis Travel App -
Friday, January 14, 2011
GPSmyCity.com has released new travel software for the iPhone called the Area Weekend Getaways App, which includes Memphis.
Released Jan. 3, the application serves as a personal tour guide, leading users to many landmarks and attractions, well-known and obscure alike. Using GPS technology, the navigation system leads sightseers through their choice of more than 180 cities.
67.
Virtus Real Estate Buys Self-Storage Facilities -
Tuesday, January 04, 2011
6714 Winchester Pointe Cove and
314 S. Mt. Pleasant Road
Sale Amount: $2 million; $1.5 million
68.
Eastgate Sells for $31.5 Million -
Tuesday, January 04, 2011
The Eastgate Shopping Center on Park Avenue in East Memphis has sold to a Dallas-based entity for $31.5 million from Belz Enterprises Inc., according to documents filed with the Shelby County Register of Deeds.
69.
Eastgate Sells for $31.5 Million -
Monday, January 03, 2011
The Eastgate Shopping Center on Park Avenue in East Memphis has sold to a Dallas-based entity for $31.5 million from Belz Enterprises, according to documents filed with the Shelby County Register of Deeds.
70.
Moving Forward -
Monday, December 27, 2010
As the commercial real estate market remained soft in 2010, a handful of major deals – including some to close the year – indicated light at the end of the tunnel.
The year ended with the top retail investment sale of the year when Loeb Properties Inc. bought Park Place Centre from Belz Enterprises Inc. for $10.3 million.
71.
Loeb Buys Park Place for $10.3M -
Wednesday, December 22, 2010
Loeb Properties Inc. has bought Park Place Centre from Belz Enterprises Inc. for $10.3 million – the biggest retail transaction of the year.
72.
Conway Services Moves to Cordova -
Thursday, December 23, 2010
Conway Services Heating, Cooling & Plumbing has signed a new lease to accommodate space for its growing service team.
Conway Services is moving from 6426 Summer Gale Drive in Memphis near Bartlett to a warehouse on 1220 Big Orange Road in Cordova.
73.
Loeb Buys Park Place for $10.3M -
Thursday, December 23, 2010
Loeb Properties Inc. has bought Park Place Centre from Belz Enterprises Inc. for $10.3 million – the biggest retail transaction of the year.
74.
Skyline Grows Local Footprint on Vantech Dr. -
Friday, December 10, 2010
Skyline Exhibits MidSouth is expanding its presence at East Pointe Business Center.
The St. Paul, Minn.-based tradeshow exhibits company renewed its 9,958-square-foot lease at 3895 Vantech Drive, Suite 9, and expanded into an additional 3,524 square feet. The additional space will enable Skyline to assemble and store exhibits for clients.
75.
Evolve Systems Grows Memphis Location -
Friday, November 19, 2010
Evolve Digital Media has more than doubled its Memphis location at Apple Tree Center in Hickory Hill.
The Memphis-based company expanded its lease from 2,520 to 6,327 square feet at 6073 Mount Moriah Road Extended. Tyler Tapley, associate with CB Richard Ellis Memphis, represented the landlord, Apple Tree Center Partnership.
76.
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.
77.
Greenbrier Gets Loan for Downtown Project -
Tuesday, October 12, 2010
436 S. Front St.
Memphis, TN 38103
Loan Amount: $2.1 million
Loan Date: Sept. 30, 2010
Maturity Date: n/a
Borrower: Greenbrier Partners LLC
Lender: Southern Bancorp Bank
78.
MLGW Board to Discuss Network Maintenance, Lease -
Thursday, September 02, 2010
On the agenda for Thursday’s Memphis Light, Gas and Water Division board meeting is a resolution awarding a nearly $670,000 contract to Venture Technologies Inc. for network maintenance.
79.
Former Bennigan’s Set to be Razed -
Tuesday, August 17, 2010
5336 Poplar Ave.
Memphis, TN 38119
Permit Amount: $775,000
Project Cost: n/a
Permit Date: Applied August 2010
Completion: Late fourth quarter 2010
Owner: Danco
Tenant: Newk’s Express Café
Contractor: Fleming/Associates/Architects PC
Architect: Horizon Construction LLC
80.
Mississippi LLC Buys Acreage West of Hwy. 61 -
Tuesday, August 10, 2010
Ensley Bottoms Farm LLC has bought seven parcels west of the intersection of Highway 61 from Belz Investco GP for $6.1 million. The purchase was financed with a $4.5 million loan through First Tennessee Bank NA.
81.
Gill Enterprises Sells Land to CVS for Cordova Pharmacy -
Tuesday, August 03, 2010
786 N. Germantown Parkway
Cordova, TN 38018
Sale Amount: $2.2 Million
Sale Date: July 28, 2010
Buyer: CVS 6628 TN LLC
Seller: Gill Enterprises GP
82.
Ohio-Based Company Buys Land Slated for Strayer University Campus -
Tuesday, July 13, 2010
7275 Appling Farms Parkway
Memphis, TN 38133
Sale Amount: $603,788
Sale Date: July 6, 2010
Buyer: Se Testa Memphis LLC
Seller: Belz Investment Co. LP
83.
Testa Buys Appling Land for Strayer Campus -
Monday, July 12, 2010
Testa Cos. has closed on the land in Appling Farms Business Park where it will build a campus for Strayer University.
Operating in the transaction as Se Testa Memphis LLC, the Cuyahoga Falls, Ohio-based commercial builder last week paid $603,788 for the parcel from Belz Investment Co. LP.
84.
Cal Western Buys South Third Headquarters -
Wednesday, July 07, 2010
Vegetable oil packager and supplier Cal Western Packaging Co., working under the name HHTP Leasing Co. LLC, has bought its headquarters at 2070 S. Third St. from Union Realty Co. GP for $1.1 million.
85.
Strayer Files $2.8M Permit for Appling Farms Campus -
Tuesday, July 06, 2010
Testa Cos. has filed a $2.8 million building permit application with the city-county Office of Construction Code Enforcement for a Strayer University campus on Appling Farms Parkway.
The permit lists construction of a two-story, 15,625-square-foot campus for Strayer University. The contractor is listed as Belz Investco GP.
86.
Arbors Of River Oaks Sells for $16.3 Million -
Wednesday, June 16, 2010
An out-of-town company has pulled the trigger on the largest multifamily deal of 2010 with the $16.3 million purchase of the Arbors of River Oaks.
Trade Street Capital LLC of Miami bought the 191-unit Class B complex at 6369 Humphreys Blvd. in River Oaks from The Shoptaw Group of Atlanta.
87.
Crews Buys Collierville Hampton -
Tuesday, May 25, 2010
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
88.
Cotton Leads April’s Slow CRE Numbers -
Tuesday, May 25, 2010
Cotton was king of commercial real estate in April as transactions involving three merchants – a pair of longtime Memphis companies and one area newcomer – represented two of the month’s top sales.
89.
Crews Buys Collierville Hampton Inn for $5.1M -
Thursday, May 20, 2010
An entity called SGR LLC, whose principal is Jason Crews, has bought the Hampton Inn at 1280 W. Poplar Ave. in Collierville for $5.1 million from Collierville Hotels GP. The sale closed May 11.
90.
American Snuff Files Permit for Improvements to Hickory Hill Property -
Tuesday, May 04, 2010
5106 Tradeport Drive
Memphis, TN 38115
Permit Amount: $3.2 Million
Project Cost: $3.2 million
Permit Date: Applied April 2010
Completion: TBA
Owner: American Snuff Co. LLC
Tenant: American Snuff Co. LLC
Contractor: N/A
Architect: N/A
91.
Belz Sells Ramada for $1.3M -
Wednesday, April 28, 2010
Belz Investco GP, an affiliated company of Belz Enterprises, has sold the former Ramada Inn at 1585 Sycamore View near Bartlett for $1.3 million to an entity called Shree of Memphis LLC.
92.
Hyneman Sells 3-acre Outparcel Of Lakeland’s Corner Shops -
Tuesday, April 06, 2010
2957 Canada Road
Lakeland, TN 38002
Sale Amount: $550,000
Sale Date: March 22, 2010
Buyer: A. Douglas Collins
Seller: Corner Shops LLC
93.
Local CRE Market Falters in February -
Tuesday, March 16, 2010
All the talk about commercial real estate’s doldrums is bolstered by Shelby County’s latest numbers, which underscore how much the sector is still hurting.
Because of tightened lending guidelines and companies’ hesitance to make real estate moves, the numbers continue to shrink with each month of the recession.
94.
Smith & Nephew Closes Deal On Former Harrah’s Office Building -
Tuesday, January 26, 2010
7216 Goodlett Farms Road
Unincorporated Shelby County
Sale Amount: $14 Million
Sale Date: Jan. 13, 2010
Buyer: Smith & Nephew Inc.
Seller: Harrah’s Operating Co. Memphis LLC
95.
Smith & Nephew Completes Goodlett Farms Purchase -
Friday, January 22, 2010
Smith & Nephew Inc. has completed its $14 million purchase of the four-story office building at 7216 Goodlett Farms Road in unincorporated Shelby County near Cordova from Las Vegas-based Harrah’s Entertainment.
96.
Renal Company Sells Clinic, Leases It Back From New Owner -
Tuesday, December 29, 2009
4185 Pace Road
Memphis, TN 38116
Sale Amount: $2 Million
Sale Date: Dec. 17, 2009
Buyer: BanBan South Memphis LLC
Seller: RAI II LLC
Loan Amount: $1.5 million
Loan Date: Dec. 15, 2009
Maturity Date: March 7, 2011
Lender: First Security Bank
97.
Commercial Sales See Bump in October -
Friday, November 27, 2009
High-dollar transactions involving a wide range of properties – vacant land, a strip center, an apartment complex and a couple of warehouses – helped Shelby County’s commercial market register a relatively decent month by 2009 standards during October.
98.
Holrob Sells Last Piece Of Collierville Crossing Retail Center -
Tuesday, October 27, 2009
1.1 Acres
Collierville, TN 38017
Sale Amount: $1.5 Million
Sale Date: Oct. 15, 2009
Buyer: Murray-Collierville LLC
Seller: Holrob-Collierville LLC
Loan Amounts: $1.2 million; $200,000
Loan Dates: Oct. 15, 2009
Maturity Dates: Nov. 2, 2034; Oct. 15, 2014
Lenders: Community Financial Services Bank; Holrob-Collierville GP
99.
Holrob Investments Sells Collierville Parcel -
Wednesday, October 21, 2009
Holrob-Collierville GP, an affiliate of Knoxville-based Holrob Investments LLC, has sold a seven-bay, 8,820-square-foot retail center that sits on 1.1 acres in Collierville Crossing for $1.5 million to an entity called Murray-Collierville LLC. The sale closed Thursday.
100.
Airport Authority Files Permit For Parking Garage, Rental Car Facility -
Tuesday, October 20, 2009
2491 Winchester Road
Memphis, TN 38116
Permit Amount: $135 Million
Project Cost: $150 million
Permit Date: Applied October 2009
Completion: TBA
Owner: Memphis-Shelby County Airport Authority
Tenant: Memphis International Airport
Contractor: TBA
Architect: Walker Parking Consultants