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Editorial Results (free)

1. Marx-Bensdorf Expands in East Memphis -

A prominent Memphis realty company has expanded its presence in East Memphis. Marx-Bensdorf Realtors has grown in the office building at 5860 Ridgeway Loop Blvd. by 526 square feet, bringing its total to 4,653 square feet.

2. Primacy Parkway Office Building Sells for $7 Million -

6060 Primacy Parkway
Memphis, TN 38119
Sale Amount: $6.9 million

Sale Date: June 27, 2014
Buyer: LSREF2 Newton LLC
Seller: Hub Properties Trust
Details: The 130,593-square-foot office building at 6060 Primacy Parkway in East Memphis has sold for $6.9 million.

3. Legacy Farm Owner Files $29.8 Million Loan -

1120 Winchester Road
Collierville, TN 38017
Loan Amount: $29.8 million

Loan Date: June 18, 2014
Maturity Date: July 1, 2021
Borrower: Legacy Farm LLC
Lender: CBRE Capital Markets Inc.
Details: The owner of the 368-unit Legacy Farm apartment complex at 1120 Winchester Road in Collierville has filed a $29.8 million loan on the property.

4. Westbrook Crossing Owner Files $22 Million Loan -

The owner of the Westbrook Crossing apartments at 525 Shea Road in Collierville has filed a $22 million loan on the property.

5. Hillview Village Apartments Sell for $5.9 Million -

2051 E. Alcy Road
Memphis, TN 38114
Sale Amount: $5.9 million

Sale Date: March 27, 2014
Buyer: 2013 Hillview LP
Seller: Alcy Partners LP
Details: The 265-unit Hillview Village Apartments at 2051 E. Alcy Road in the Defense Depot neighborhood have sold for $5.9 million.

6. Collierville Strip Center Sells for $1.8 Million -

The 12,072-square-foot Ballard Station strip center and gas station at 1990 W. Poplar Ave. in Collierville has sold for $1.8 million.

7. Georgian Woods Apartments Sell for $3.9 Million -

118 St. Agnes Drive
Memphis, TN 38112

Sale Amount: $3.9 million

Sale Date: March 14, 2014

Buyer: Georgian Woods Property Owner LLC

8. Highland Church of Christ Files Permit for Addition -

Highland Church of Christ at 400 N. Houston Levee Road in Cordova has filed a $3 million permit with the city-county Office of Construction Code Enforcement to expand its church campus.

9. Commission Sets Pay of Four County Offices -

Shelby County Commissioners gave final approval Monday, Jan. 13, to the ordinance that keeps the same salaries for the Shelby County property assessor, register, trustee and Shelby County clerk for the four-year term of office that begins Sept. 1.

10. Winchester Law Firm Inks Lease at Triad Centre -

The Winchester Law Firm is moving to a new space within the Triad Centre II office building in East Memphis with a new buildout.

The law firm will occupy 5,523 square feet in the Highwoods Properties office building at 6060 Poplar Ave.

11. Apartment, Retail Markets Holding Steady -

The Memphis area multifamily and retail markets continue to chug along, with the newer, more upscale products in each sector propping up both overall markets.

Those trends and others in commercial real estate will be the subject of discussion Thursday, Nov. 7, during the 2013 Commercial Real Estate Review & Forecast, one of six seminars in The Daily News’ 2013 Seminar Series.

12. Events -

Playhouse on the Square will host a performance of “Les Miserables” to benefit the Memphis Child Advocacy Center Saturday, Aug. 17, at 8 p.m. at Playhouse, 66 S. Cooper St. A pre-performance reception and silent auction begin at 6 p.m. Tickets are $60 and are available through MCAC, 888-4342.

13. Eclectic Eye Renovation Aims to Keep Store Fresh -

Fashion isn’t just about clothing, said the owners of Eclectic Eye, whose business caters to customers who enjoy several different looks in eyewear.

So with a nod to the fashion industry’s concept of keeping things fresh, lively and in tune with the current trends, Eclectic Eye is undergoing an extensive makeover of its popular Midtown store.

14. Mercedes-Benz Dealership Opening in Collierville -

Construction gets underway later this month on a 41,000-square-foot Mercedes-Benz dealership in Collierville that will include a 16,000-square-foot showroom and provide about 50 new jobs for the area.

15. Land for Mercedes-Benz Dealership Sells for $3 Million -

Higginbotham Automobiles of East Memphis LLC has bought two parcels of land in Collierville for a combined $3 million where it will build a Mercedes-Benz dealership.

16. Harold Ford Sr. Buys Sycamore View Property -

1670 Sycamore View Road Memphis, TN 38134

Sale Amount: $1.8 million

Sale Date: April 8, 2013

17. Cordova Ridge Shops Sells for $1.8 Million -

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.

18. Panther Properties Buys Two Cordova Apartments -

2350 N. Houston Levee Road and 2323 N. Houston Levee Road

19. Panther Properties Buys Two Cordova Apartments -

Woburn, Mass.-based Panther Properties Investment LLC has bought a pair of Cordova apartment complexes – the Villas at Grays Creek and the Carrington at Houston Levee – for a combined $44.8 million.

20. Briarcrest Awarded $100,000 Grant From Assisi Foundation -

The Assisi Foundation of Memphis has awarded Briarcrest Christian School a $100,000 grant to be used for the construction of the Dr. Willard R. Sparks Chapel and Performing Arts Center.

21. Briarcrest Awarded $100,000 Grant From Assisi Foundation -

The Assisi Foundation of Memphis has awarded Briarcrest Christian School a $100,000 grant to be used for the construction of the Dr. Willard R. Sparks Chapel and Performing Arts Center.

22. 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.

23. County Commission Pays Road Project Installment -

The Shelby County Commission approved Monday, Feb. 25, paying $239,665 in county capital funding for the local match on the $7.1 million realignment of North Parkway and Jackson Avenue at their intersection with Danny Thomas Boulevard in Uptown.

24. County Commission Pays Road Project Installment -

The Shelby County Commission approved Monday, Feb. 25, paying $239,665 in county capital funding for the local match on the $7.1 million realignment of North Parkway and Jackson Avenue at their intersection with Danny Thomas Boulevard in Uptown.

25. Schools Questions Dominate County Commission Agenda -

Shelby County Commissioners approved on the second of three readings Monday, Feb. 25, an ordinance that gives Memphis City Schools teachers living outside Shelby County five years to move within Shelby County.

26. Crowne Plaza Hotel Sells Out of Foreclosure -

300 N. Second St. Memphis, TN 38103

Sale Amount: $9.4 million

Sale Date: Dec. 28, 2012

27. Delta Blues Winery LLC Buys 15 Acres in Lakeland -

6495 Stewart Road Lakeland, TN 38002
Sale Amount: $165,000

Sale Date: Dec. 10, 2012

28. MED Buys East Memphis Land for $3.4 Million -

6525 Quince Road Memphis, TN 38119

Sale Amount: $3.4 million

Sale Date: Nov. 16, 2012

29. Gallina Centro Property Sells for $7.1 Million -

An affiliate of the Phoenix-based real estate investment trust Cole Capital Advisors Inc. has paid $7.1 million for the portion of the Gallina Centro strip center in Collierville that houses HomeGoods and Michael’s.

30. Highpoint Church Buys Briarcrest’s East Memphis Campus -

After seven years of leasing space for its worship services, Highpoint Church has acquired Briarcrest Christian School Systems Inc.’s property at 6000 Briarcrest Ave. for $7.25 million.

31. Integrity Oncology Adapts to Rapidly Changing Industry -

Integrity Oncology PLLC continues to evolve within an ever-changing health care landscape.

Last month the practice, which operates four area locations, moved its West Memphis office to a new 2,500-square-foot, freestanding location, and it anticipates a future move of its East Memphis office into the new Baptist Memorial Health Care Corp.’s $65 million comprehensive cancer treatment center that will be built by 2015.

32. Panda to Build Restaurant On Winchester Outparcel -

7525 Winchester Road
Memphis, TN 38125

Permit Cost: $791,345

Project Cost: N/A

33. Cordova Ridge Shops Sells for $2 Million -

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.

34. Raines Road Warehouse Sells for $2.3 Million -

4049 E. Raines Road
Memphis, TN 38118

Sale Amount: $2.3 million

Sale Date: Aug. 3, 2012

35. Dollar General Buys Elvis Presley Blvd. Store -

Retail Property Investments LLC, a subsidiary of Goodlettsville, Tenn.-based Dollar General Corp., has bought a newly built store on Elvis Presley Boulevard from the company that developed it.

36. Cordova Ridge Shops Facing Foreclosure -

Cordova Ridge Shops, a Class A retail center on North Houston Levee Road, is facing foreclosure after its Nashville-based owner defaulted on a $3.3 million loan, according to a first-run foreclosure notice in the Aug. 1 Daily News.

37. Shelby Crossing Retail Center Sells for $2M in Foreclosure -

6100 Macon Road
Memphis, TN 38134

Sale Amount: $2 million

Sale Date: July 13, 2012

38. Hickory Hill Warehouse Sells for $1.3 Million -

5837 Distribution Drive
Memphis, TN 38141

Sale Amount: $1.3 million

Sale Date: July 11, 2012

39. Briarcrest Files $4.8M Permit for Additions -

Briarcrest Christian School has filed a $4.8 million permit application with the city-county Office of Construction Code Enforcement for auditorium, administration and classroom additions.

40. Bella Caffe to Open Inside Pink Palace -

Bella Caffe Fine Coffee & Espresso Catering – a local cappuccino and smoothie bar service available for rent at weddings, corporate and private events, and concession stands at festivals and the like – will be opening inside the Memphis Pink Palace Museum, 3050 Central Ave., at the end of July.

41. Grant to Enhance West Memphis Port -

The rails at the Port of West Memphis will meet the edge of the levee with $10.9 million in federal funding announced last week in Washington.

The port won funding from the U.S. Department of Transportation as part of the TIGER – Transportation Investment Generating Economic Recovery – grant program.

42. Commission Tries Again at Redistricting -

Shelby County Commissioners will see if they have all 13 commissioners present before they see if there are nine votes to pass a redistricting plan.

Third and final reading of a redistricting ordinance is on the commission’s agenda for Monday, June 11. The commission meeting begins at 1:30 p.m. at the Vasco Smith County Administration Building, 160 N. Main St.

43. Events -

The Black Business Association of Memphis will hold a general membership meeting Thursday, May 17, at 8 a.m. at the BBA office, 555 Beale St. Contact BBA at bbamemphis.com, info@bbamemphis.com or 526-9300.

44. Outdoor Sounds -

Summer is nearly here. Partygoers have begun packing rooftops, while shoppers and restaurant diners also are keen on a little musical entertainment to help liven up predictable experiences.

And that means Memphis-based Resource Entertainment Group sees opportunity – literally – high and low.

45. 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.

46. Colliers Signs Baker to First Site in Tenn. -

Colliers International’s industrial team of Andy Cates, Preston Thomas and Mike Driscoll has inked 63 transactions this year. Here’s a rundown on a flurry of recent deals the trio has brokered.

47. Trinity Ridge Business Ctr. Sells for $7.6 Million -

7730 Trinity Road, 7740 Trinity Road, 7750 Trinity Road, 7760 Trinity Road and 7866 Trinity Road
Cordova, TN 38018
Sale Amount: $7.6 million

48. Gallina Centro Acreage Sells for $2.1 Million -

Vacant land in Gallina Centro shopping center has been bought for $2.1 million, with the property slated to become a HomeGoods home décor store.

It marks HomeGoods’ first store in the Memphis area.

49. Former C’ville Fitness Center Sells For $2.7M -

Memphis-based Hackmeyer Properties has bought the former Prairie Life Fitness Center at 3690 S. Houston Levee Road in Collierville from Prairie Life Fitness LLC for $2.7 million and is leasing the 57,264-square-foot facility to a new fitness company.

50. Hackmeyer Buys Fitness Center, Leases to New User -

Memphis-based Hackmeyer Properties has bought the former Prairie Life Fitness Center at 3690 S. Houston Levee Road in Collierville from Prairie Life Fitness LLC for $2.7 million and is leasing the facility to a new fitness company.

51. Saint Francis Network Continues to Grow -

Saint Francis Medical Partners has added six physicians to its primary care network. The addition of Dr. Karima Causey, Dr. Jerry Floyd, Dr. Joseph C. Garbarini, Dr. Jeffrey Hoover, Dr. Robert Kulinski and Dr. Monica Warhaftig brings the total employed and affiliated physicians in the Saint Francis Medical Partners Network to about 30.

52. Bioworks Foundation to Build Specialized Lab on S. Dudley -

45 S. Dudley St.
Memphis, TN 38103
Permit Amount: $15.2 million

Project Cost: $15.2 million

53. Orleans Apt. Community Files $11.9M Construction Loan -

Bartlett-based Orleans Apartment Community LLC has filed an $11.9 million construction loan through U.S. Bank N.A. for 18.5 acres on the north side of Walnut Grove Road between Rocky Point Road to the west and North Houston Levee Road to the east.

54. Plans Move Ahead For Cordova Staples -

1.7 acres in
Galleria of Memphis
Sale Amount: $850,000

Sale Date: July 26, 2011

Buyer: TN Cordova Germantown LLC

55. Tiger Gift Shop Moves To Larger Space -

Tiger Gift Shop is relocating a few doors down from its current location on the Highland Strip near the University of Memphis.

The university retailer, now at 549 S. Highland St., has signed a new 5,000-square-foot lease at 531 S. Highland, in the space formerly occupied by From One Greek to Another.

56. Smith & Nephew Files Permit For Goodlett Farms Building -

7135 Goodlett Farms Parkway
Cordova, TN 38016
Permit Amount: $8 million

57. FedEx Files $10.8M Permit For Demolition Work -

2781 Democrat Road
Memphis, TN 38118
Permit Amount: $10.8 million

Permit Date: Applied April 2011
Owner: FedEx
Tenant: FedEx
Contractor: Flintco Inc.

58. Shelby Drive Apartments Sell for $1.4 Million -

1500 E. Shelby Drive
Memphis, TN 38116
Sale Amount: $1.4 million

Sale Date: Feb. 25, 2011
Buyer: Saddle Vineyards LP
Seller: Everbank
Loan Amount: $2.5 million
Loan Date: Feb. 28, 2011
Maturity Date: March 10, 2016
Lender: Triumph Bank

59. Evolve Bank Buys Vacant Collierville Land -

Evolve Bank & Trust has bought a 1.1-acre parcel on the east side of South Houston Levee Road north of West Poplar Avenue in Collierville from Fusion Worldwide LLC for $820,000. The site is an outparcel of Ballard Property Planned Development.

60. Krispy Kreme Finances Two Memphis Locations -

6255 Wincester Road
And 4244 Elvis Presley Blvd.
Loan Amount: $8.4 million

61. Popular Burger Chain Moves Into Memphis -

After years of Five Guys Burgers and Fries having a presence in the Nashville and Knoxville areas, the chain is setting up shop in one of Memphis’ most densely populated areas.

Jubilee Restaurant Group LLC, owner of the franchise, signed a 2,882-square-foot lease in Primacy Place, 1615 Ridgeway Road.

62. Infinity Real Estate Buys Office Building for $1.2 Million -

5100 Sanderlin Ave.
Memphis, TN 38117
Sale Amount: $1.2 million

Sale Date: Feb. 16, 2011
Buyer: Infinity Real Estate LLC
Seller: Blanchard E. Tual, successor trustee of the Don Wallace Morgan Family Trust created under the last will and testament of Don Wallace Morgan dated Dec. 8, 2003, and Mary Katherine Fouts and Douglas A. Garner, co-trustees of the Fouts Estate Family Trust created under the last will and testament of Jimmie Darrell Fouts dated June 15, 2005
Loan Amount: $1.3 million
Loan Date: Feb. 16, 2011
Maturity Date: Feb. 16, 2026
Lender: First Tennessee Bank NA

63. Collierville Land Sells at Foreclosure Sale -

Memphis-based CGL Investments LLC has bought two parcels of vacant land in Collierville at a foreclosure sale for $942,400. The parcels were originally owned by MSMM-II Realty Investment Co., which defaulted on a 2005 loan.

64. High-Style Dining -

Southern country club meets Manhattan chic. Not exactly an everyday mix, but when designer Amy Howard set to work on the interior of John Bragg’s newly relocated restaurant, Circa, she wasn’t aiming for ordinary.

65. Civil Rights Museum Files Permit for Phase One Redesign -

450 Mulberry St.
Memphis, TN 38103
Permit Amount: $1 million

Permit Date: Applied January 2011
Owner: State of Tennessee
Tenant: National Civil Rights Museum Foundation
Architect: Self Tucker Architects Inc.

66. 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.

67. Clark Properties Sold at Foreclosure Sales -

Properties belonging to brothers G. Benjamin Clark and Nicholas G. Clark, as well as Hearthstone Investments LLC, an entity related to the Clarks, have been sold at foreclosure sales, according to The Daily News Online.

68. Real Estate Recycling -

If sustainability is defined as reuse of land and/or structures for new purposes, Hickory Hill may be the capital of the concept in Memphis.

Consider New Direction Christian Church, which found a home in a vacant big box store and now plans to transform a vacant and blighted apartment complex into a charter middle and high school with a performing arts center. The bulldozers began demolishing the Marina Cove apartments complex last month.

69. Pet Hospital Signs Lease at Corner Shops -

A new pet hospital is among the most recent tenants at The Corner Shops of Canada Road.

The Lakeland Pet Hospital signed a new 3,850-square-foot lease in the 32,500-square-foot center, at the northwest corner of U.S. 64 and Canada Road in Lakeland.

70. Boyle Donates Land to Wolf River Conservancy -

A forested tract of land along the Wolf River once slated for development has been spared the chainsaws and will instead be set aside as a nature preserve.

Boyle Investment Co. has given the Wolf River Conservancy 290 acres of pristine land north of the river in Memphis’ annexation reserve area about halfway between Germantown Parkway and Houston Levee Road.

71. Boyle Donates 290 Acres to Wolf River Conservancy -

A forested tract of land along the Wolf River once slated for development has been spared the chainsaws and will instead be set aside as a nature preserve.

Boyle Investment Co. has given the Wolf River Conservancy 290 acres of pristine land north of the river in Memphis’ annexation reserve area about halfway between Germantown Parkway and Houston Levee Road.

72. MedVet Memphis Builds New Cordova Facility -

555 Trinity Creek Cove
Cordova, TN 38018
Permit Amount: $3 million

Permit Date: Applied August 2010
Completion: May 2011 (open Summer 2011)
Owner: MedVet Memphis LLC
Tenant: MedVet Memphis LLC
Architect: archimania
Contractor: Grinder, Taber & Grinder Inc.

73. Historic Restaurant to Begin New Chapter in New Locale -

Jim’s Place restaurant was founded Downtown in 1921. Eighty-nine years later, the Taras family still owns Jim’s Place East, on Shelby Oaks Drive, and Jim’s Place Grille, in Collierville, though a major change is coming for Jim’s Place East in the next few months.

74. Jim’s Place East Finds New Home on Perkins -

Jim’s Place East – a Memphis tradition since its founding nearly 90 years ago – is opening a location at Poplar Avenue and Perkins Road, having signed a 10-year lease for the 5,900-square-foot space that recently housed Harold’s women’s boutique.

75. Jim's Place East to Relocate to Poplar/Perkins -

Jim’s Place East – a Memphis tradition since its founding nearly 90 years ago – is opening a location at Poplar Avenue and Perkins Road, having signed a 10-year lease for the 5,900-square-foot space that recently housed Harold’s women’s boutique.

76. Miller Amasses More Foreclosures -

More foreclosures have piled up against developer and homebuilder David Miller, who filed for Chapter 7 bankruptcy in May.

77. New York Company Buys Gardenwood Apartments -

4975 Hoover Drive
Memphis, TN 38128
Sale Amount: $2.9 Million

Sale Date: May 17, 2010
Buyer: Gardenwood Apartments LLC
Seller: Bank of America NA
Loan Amount: $2.2 million
Loan Date: May 17, 2010
Maturity Date: N/A
Lender: Bloomfield Capital Partners Fund III LLC

78. 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

79. 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.

80. Hyneman Sells 3-acre Outparcel Of Lakeland’s Corner Shops -

2957 Canada Road
Lakeland, TN 38002
Sale Amount: $550,000

Sale Date: March 22, 2010
Buyer: A. Douglas Collins
Seller: Corner Shops LLC

81. Stratford Place Owner Files $1.4 Million Loan -

1806 and 2098 Poplar Ave.
Memphis, TN 38104
Loan Amount: $1.4 million

Loan Date: Jan. 26, 2010
Maturity Date: N/A
Borrower: Stratford Place LLC
Lender: Union Central Life Insurance Co.

82. 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

83. Life Church Buys Third Locale -

The Life Church of Memphis Inc. has added to its footprint with the purchase of Forest Hill Community Church’s former building at 650 S. Houston Levee Road in unincorporated Shelby County between Eads and Collierville.

84. Smith & Nephew Closes Deal On Former Harrah’s Office Building -

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

85. Bank of Bartlett Reclaims Latting Road Acreage -

The Bank of Bartlett has bought back 86.63 acres along Latting Road in unincorporated northeastern Shelby County in a successor trustee’s deed following a foreclosure of the property. The bank on Dec. 31 paid $2.5 million for the land from successor trustee Douglas M. Alrutz of Wyatt, Tarrant & Combs LLP on the steps of the Shelby County Courthouse.

86. Events -

Heartsong Church will host a Christmas Eve celebration featuring local singer Alexis Grace today from 5 p.m. to 7 p.m. at Heartsong, 800 N. Houston Levee Road. For more information, contact Michelle Worth at 755-6332 or e-mail mworth@heartsongchurch.net.

87. Events -

The Memphis Bar Association will present a continuing legal education seminar titled “Summary Judgment in Tennessee, Yesterday, Today and Tomorrow” today from 9 a.m. to 12:15 p.m. at the MBA office, 80 Monroe Ave., Suite 220. To register, visit www.memphisbar.org.

88. Migliara Buys Summer Avenue Retail Center from Las Vegas Owner -

6343 U.S. 70 (Summer Ave.)
Memphis, TN 38134
Sale Amount: $1.2 Million

Sale Date: Nov. 25, 2009
Buyer: Lawrence Migliara
Seller: Biz Point Property Group LLC
Loan Amount: $1.2 million
Loan Date: Nov. 25, 2009
Maturity Date: Dec. 5, 2014
Lender: Trustmark National Bank

89. Shelby County’s Malls Fight Tax Appraisals -

In a sign of the rattled state of commercial property owners amid the lingering downturn, the owners of most of Shelby County’s major shopping malls are contesting their 2009 property appraisals.

The new values, which will determine the properties’ tax bills, were sent out earlier this year as part of the 2009 countywide reappraisal of property. The area’s five most prominent shopping centers – Wolfchase Galleria, The Avenue Carriage Crossing, Oak Court, Raleigh Springs Mall and Southland Mall – all saw their appraisals rise this year.

90. Wright Medical Buys Arlington Bldg. For Distribution Needs -

11481 Gulf Stream Ave.
Arlington, TN 38002
Sale Amount: $1.6 Million

Sale Date: Oct. 29, 2009
Buyer: Wright Medical Technology Inc.
Seller: Covington Furniture Manufacturing Co.
Details:  Wright Medical Group Inc. has bought a 56,340-square-foot building at 11481 Gulf Stream Ave. near its Arlington campus to increase distribution capacity. Operating in the transaction as Wright Medical Technology Inc., the company paid $1.6 million for the building, which was completed in 1973 and sits on 4.29 acres near the intersection of Tenn. 385 and U.S. 70.

91. Retirement Cos. Continues Work on Collierville Facility -

Memphis-based Retirement Companies of America LLC has taken another step in its plan to bring a retirement development called The Farms at Bailey Station to South Houston Levee Road in Collierville.

92. 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

93. 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

94. City of Memphis Files Permit For Liberty Bowl Renovation -

335 S. Hollywood St.
Memphis, TN 38104
Permit Amount: $1.2 Million

Project Cost: $1.2 million
Permit Date: Applied June 2009
Owner: City of Memphis
Tenant: Liberty Bowl Memorial Stadium
Architect: Bounds & Gillespie Architects PLLC

95. Ark. Car Wash Co. Files Loan For New Arlington Location -

An entity called Memphis Hwy. 64 Carwash Holding LLC has taken out a $1.7 million construction loan from Cross Country Bank for a new car wash at 9809 U.S. 64 in Arlington. The loan has a maturity date of June 26, 2012.

96. Hyneman Sells Lakeland Outparcel To California Investors -

2957 Canada Road
Lakeland, TN 38002
Sale Amount: $2 Million

Sale Date: June 19, 2009
Buyer: Debbie Ann Martinez and Michael Amerio, as trustees of the Debbie Ann Martinez 2003 Trust (50 percent); and Dawn Lizabeth Bubion and Michael Amerio, as trustees of the Dawn Lizabeth Bubion 2003 Trust (50 percent)
Seller: Corner Shops LLC

97. Commercial Real Estate Takes a Beating -

Commercial real estate suffered a sharp decline in May, with sales falling dramatically from the same month a year ago and the previous month.

Shelby County saw just 35 commercial sales in May, marking a 49 percent dropoff from 69 sales in May 2008 and a 35 percent dropoff from 54 sales in April, according to the latest data from real estate information company Chandler Reports, www.chandlerreports.com.

98. Events -

The Alliance for Nonprofit Excellence will present a workshop titled “Best Practices in Internal Controls” today from 8:30 a.m. to noon at the Alliance office, 5100 Poplar Ave., Suite 502. Daniel Moore will lead the workshop. Cost is $65 for members, $125 for nonmembers and $55 for those in the Program for Nonprofit Excellence. For more information, call 684-6605 or visit www.npexcellence.org.

99. Events -

Memphis City Schools will host its first Memphis Interscholastic Athletic Association Golf Classic today at 8 a.m. at Irene Golf & Country Club, 8141 Irene Blvd. Tournament fees are $250 per person and $1,000 for teams of four. For more information or tickets, call 748-8889.

100. Events -

The Greater Memphis Chamber will hold a metro mixer Wednesday from 5:30 p.m. to 7 p.m. at Minglewood Hall, 1555 Madison Ave. Deadline for registration is today. To register, contact Tunga Lee at 543-3571 or tlee@memphischamber.com.