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Editorial Results (free)

1. 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.

2. Events -

Conduit Global will hold a recruiting fair for its Memphis call center Tuesday, March 18, from 10 a.m. to 4 p.m. at Memphis Cook Convention Center, 255 N. Main St. Visit conduitglobal.com for job descriptions and qualifications.

3. Events -

SHRM-Memphis will hold a legal seminar for human resources professionals Tuesday, March 18, from 8 a.m. to noon at the Fogelman Executive Center, 330 Innovation Drive. Attorneys from four firms will explore hot topics, trends and practical approaches to preventing and managing labor and employment law issues. Cost is $80 for members, $85 for nonmembers and $35 for students. Visit shrm-memphis.org.

4. Events -

The Daily News will hold a free breakfast seminar on monitoring, protecting and growing your business with The Daily News Online March 19, 9 a.m.-10 a.m. at the Germantown Conf. Center, 1900 S. Germantown Pkwy. Attendees receive a free five-day trial of Daily News Online services. RSVP at seminars.memphisdailynews.com.

5. Galvanizing Company Files Permit for Facility -

3328 Fite Road
Millington, TN 38053
Permit Cost: $1.9 million

Project Cost: N/A
Permit Date: Applied March 2014
Completion: N/A
Owner: 3328 Fite LLC
Tenant: 3328 Fite LLC
Architect: N/A
Contractor: N/A
Details: An affiliate of Columbus, Ohio-based “hot dip galvanizing” company Voigt & Schweitzer LLC plans to construct a 63,120-square-foot facility near Millington.

6. Real Estate Road Show Set for March 18 -

Shelby County Trustee David Lenoir has announced the next Shelby County Real Estate Road Show to promote Shelby County’s tax sale and Land Bank will be March 18.

7. Real Estate Road Show Set for March 18 -

Shelby County Trustee David Lenoir has announced the next Shelby County Real Estate Road Show to promote Shelby County’s tax sale and Land Bank will be March 18.

8. Polo Shops Sells for $3.1 Million After Foreclosure -

7444 Winchester Road7464 Winchester Road
Memphis, TN 38125
Sale Amount: $3.1 million

9. Orpheum Files Permit For Performing Arts Center -

225 S. Main St.
Memphis, TN 38103

Permit Cost: $10.2 million

Project Cost: $14.5 million

10. D1 Sports Buys Land, Files Construction Loan -

An affiliate of Franklin, Tenn.-based D1 Sports Training has bought 1.9 acres of land in Collierville and filed a construction loan for a 19,062-square-foot sports facility on the property.

DP Memphis LLC paid $375,000 for the vacant parcel, whose address is known as 85 Market Center Drive, in a Feb. 4 special warranty deed from Schilling Farms LLC.

11. Women & Business Seminar to Highlight Achievements -

Leslie Johnson will be one of the panelists at the Women & Business Seminar Feb. 27 at the Memphis Brooks Museum of Art, but she is not nearly as focused on what she might say during the panel discussion as she is what she might hear.

12. Call Center ‘Gratifying’ for Local Office Sector -

Conduit Global’s announcement this week that it is locating a call center in Shelby County that will employ 1,000 people was a breath of fresh air for local office real estate professionals.

13. Fairgrounds TDZ Should be Rejected -

The proposed Fairgrounds Tourism Development Zone (TDZ) needs to be rejected. While most of the recent debate has been confined to the impact on education funding, there are several more serious issues with the TDZ.

14. Collierville Fred’s Sells for $1.5 Million -

450 U.S. 72
Collierville, TN 38017
Sale Amount: $1.5 million

Sale Date: Dec. 20, 2013
Buyer: Collierville Realty Holdings LLC
Seller: Washington Square Properties (a Tennessee general partnership composed of Thomas W. Taylor, trustee of the Thomas W. Taylor Revocable Living Trust dated April 27, 2000, and Thomas W. Hart)
Loan Amount: $793,000
Loan Date: Dec. 20, 2013
Maturity Date: Dec. 20, 2016
Lender: First Capital Bank
Details: The 19,152-square-foot fred’s retail store at 450 U.S. 72 in Collierville has sold for $1.5 million.

15. Shopping Center Group Moving to New Office -

The Shopping Center Group LLC is moving to a new office.

The Memphis office of the Atlanta-based retail real estate brokerage firm, which leases a total of approximately 4 million square feet of retail space and represents 100 retailers, is moving from 773 E. Brookhaven Circle to 5101 Wheelis Drive, Suite 106, at Clark Centre.

16. Council Opens Unfunded Liability Plan Talks With Questions -

Memphis City Council members again rejected Tuesday, Dec. 17, an increase in the city’s monthly solid waste fee and affirmed a 2.1 percent hike in the Memphis Light Gas and Water Division water rate hike.

17. Ruby Tuesday Sells Bartlett Lots for $1.1 Million -

8348 U.S. 64
Bartlett, TN 38133
Sale Amount: $1.1 million

Sale Date: Dec. 5, 2013

Buyer: 64 Kate Hyde Partners

18. Globus Files $8.7 Million Loan to Build Cordova Hilton -

Globus Partnership, the developer building a Hilton Garden Inn at 7955 Market Plaza Drive in Cordova, has filed an $8.7 million construction loan for the project.

19. Soulful Synergy -

What happened at the corner of McLemore Avenue and College Street in the 1960s is nothing short of extraordinary.

At the crossroads of segregated neighborhoods in South Memphis, two white business partners would open the doors wide to whites and blacks alike, who congregated to write and record songs that would set off a soul explosion heard around the world.

20. CubeSmart Sells Storage Facility for $7.9 Million -

2700 Poplar Ave.
Memphis, TN 38112
Sale Amount: $7.9 million

Sale Date: Nov. 4, 2013
Buyer: WCP/DSSH Holdings 16 LLC
Seller: CubeSmart LP
Details: Wayne, Va.-based self-storage real estate investment trust CubeSmart LP has sold the U-Store-It facility at 2700 Poplar Ave. in the 38112 ZIP code for $7.9 million.

21. Hogue Goes Distance for ‘Golf’ Contest -

The swing and the sound really haven’t changed that much. The swing is still fast and violent. The sound upon contact is a still a loud “ping!” that signals the ball is about to travel a long, long way.

22. Nike Files $4.3 Million Permit for Frayser Facility -

3100 New Frayser Blvd.
Memphis, TN 38128
Permit Cost: $4.3 million

Project Cost: $301 million
Permit Date: Applied September 2013
Completion: TBA
Owner: Nike Inc.
Tenant: Nike Inc.
Architect: N/A
Contractor: Wynright Corp.
Details: Nike Inc. has filed a $4.3 million building permit with the city-county Office of Construction Code Enforcement for work on its North Memphis distribution center at 3100 New Frayser Blvd.

23. Cypress Realty Holdings Buys 114 Acres for $2.5 Million -

An affiliate of Memphis-based real estate company Cypress Realty Holdings Co. has paid $2.5 million for 114 acres of land at the southwest corner of Walnut Grove and Houston Levee roads in unincorporated eastern Shelby County.

24. New Jersey Firm Buys Pendleton Place Apartments -

1780 Pendleton St.
Memphis, TN 38114
Sale Amount: $3.1 million

Sale Date: Sept. 11, 2013
Buyer: Pendleton Apartments LLC
Seller: Pendleton Investors LLC
Details: An affiliate of Teaneck, N.J.-based The Aspen Cos. has paid $3.1 million for the Pendleton Place Apartments at 1780 Pendleton St. in the Defense Depot area.

25. Mock Development Pitches Presented to Investors -

At first glance, the four sharks seemed pretty intimidating.

They sat in a row and watched the men in front of them with interest, weighing their options, considering their plans of action.

Then one of them cracked a joke and took a long pull out of a bottle of Bud Light and the mood lightened considerably.

26. GiVE 365 Grants $88,000 to 12 Nonprofits -

The Community Foundation of Greater Memphis made it easier for a dozen Memphis nonprofits to continue the good they do in the community when it announced the recipients of this year’s GiVE 365 grantees last week.

27. This week in Memphis history: September 13-19 -

1973: Wayne W. Pyeatt assumed the duties of chief executive officer of National Bank of Commerce. He had been president and chief administrative officer. The decision by the bank’s board left Lewis R. McKee as board chairman.

28. Visible Music College Files $3.2 Million Loan -

200 Madison Ave.
Memphis, TN 38103
Loan Amount: $3.2 million

Loan Date: Aug. 30, 2013
Maturity Date:
Borrower: Visible Music College
Lender: Renasant Bank
Details: Visible Music College has filed a $3.2 million loan on its Downtown campus at 200 Madison Ave.

29. Influence1 Files $2.6 Million Loan for Former Bishop Byrne -

1475 E. Shelby Drive
Memphis, TN 38116
Loan Amount: $2.6 million

Loan Date: Aug. 23, 2013
Maturity Date: Aug. 23, 2024
Borrower: The Influence1 Foundation
Lender: Regions Bank
Details: The Influence1 Foundation, the Memphis-based organization that bought the former Bishop Byrne High School in June, has filed a $2.6 million loan on the property, at 1475 E. Shelby Drive in Whitehaven.

30. Events -

WKNO will host March on Washington online chats Wednesday, Aug. 28, from 11 a.m. to 8 p.m. in the WKNO Digital Media Center, 7151 Cherry Farms Road. The event will include screenings of the PBS documentary “The March” as well as online chats and hosted discussions about the civil rights movement. Participants can watch from home or from noon to 6 p.m. at the Poplar-White Station, North or Whitehaven branch libraries. Visit wkno.org or call 729-8735 for details.

31. Henry Turley Co. Files Permits for South Junction -

727 E. Mann Circle; 726. E. Mann Circle; 725 W. Mann Circle; 35 W. Georgia Ave.; 649 Florida St.; 18 W. Carolina Ave.; 9 E. Carolina Ave.
Memphis, TN 38103
Permit Costs: $1.5 million; $1.5 million; $1.5 million; $1.5 million; $1.5 million; $1.5 million; $1.4 million

32. Memphis Banks Show Broad Improvement -

Banking in Memphis is in the midst of a rebound, judging by the latest numbers from the Federal Reserve Bank of St. Louis.

33. Winchester Court Sells for $6 Million After Foreclosure -

6740 Winchester Road
Memphis, TN 38115
Sale Amount: $6 million

Sale Date: July 31, 2013
Buyer: WBCMT 2007-C31 Winchester Court LLC
Seller: Harris P. Quinn, substitute trustee
Details: The Winchester Court retail center at Kirby Parkway and Winchester Road in Hickory Hill has sold for $6 million following a foreclosure.

34. Spring Creek Ranch Addition Tops Shelby County Commission Agenda -

Shelby County Commissioners consider an events center for Spring Creek Ranch golf course Monday, Aug. 5, as well as a mixed-use commercial site at Austin Peay Highway and Millington-Arlington Road by First Citizens National Bank.

35. Market of Riverdale Bend Sells for $6.2 Million -

7114-7186 Winchester Road Memphis, TN 38125

Sale Amount: $6.2 million

Sale Date: July 2, 2013

36. Barnhart Buys Industrial Property for Expansion -

2085 W. E. Freeman Drive
Memphis, TN 38114

Sale Amount: $2.6 million

Sale Date: June 27, 2013

Buyer: Barnhart Crane and Rigging Co.

37. Jim 'N Nick's Owner Files Loan on Cordova Property -

The owner of the Jim ‘N Nick’s Bar-B-Q restaurant at 2359 N. Germantown Parkway in Cordova has filed a $1.4 million loan on the property.

38. Oakhaven Warehouse Sells for $11.3 Million -

5155 Citation Drive
Memphis, TN 38118
Sale Amount: $11.3 million

Sale Date: May 21, 2013

39. Cozymel’s Site Could Grow in Scope -

Now that the old Cozymel’s restaurant has been razed, public documents shed light on what is in store for the Poplar Avenue property.

A site plan approved last year by the Land Use Control Board said Robert Fogelman was seeking to develop a two-story, 32,000-square-foot building for a bank and office space.

40. Documents Shed Light on Future of Cozymel’s Site -

Now that the old Cozymel’s restaurant has been razed, public documents shed light on what is in store for the Poplar Avenue property.

A site plan approved last year by the Land Use Control Board said Robert Fogelman was seeking to develop a two-story, 32,000-square-foot building for a bank and office space.

41. Cozymel's Property Comes Down -

The first financial ripples from International Paper Co.’s decision to build a fourth tower at its East Memphis campus are seeping out.

42. Former Ike’s on Summer Sells for $2.7 Million -

4569 Summer Ave. Memphis, TN 38122

Sale Amount: $2.7 million

Sale Date: May 17, 2013

43. Cresthaven Medical Building Sells for $2.5 Million -

1068 Cresthaven Road Memphis, TN 38119

Sale Amount: $2.5 million

Sale Date: May 2, 2013

44. Drugstore Corridor -

Walgreen Co. is building a new store on Poplar Avenue in East Memphis amid some of the most important and valuable commercial real estate in the city.

45. Oakhaven Warehouse Sells After Foreclosure -

4120 Air Trans Road, Memphis, TN 38118

Sale Amount: $2.5 million

Sale Date: May 7, 2013

46. Construction Lending Still Facing Tepid Improvement -

As the economy starts to rebound, local lenders like Magna Bank, First Tennessee Bank and Renasant Bank are seeing moderate improvement in activity for new commercial and residential construction projects, and competition is intensifying to land deals.

47. Core Focus -

The Great Recession silenced construction crews throughout the Memphis area, and that was especially evident Downtown, where ambitious, skyline-changing projects were put on hold, reconfigured or scrapped altogether.

48. Whole Foods Files Permit for Expansion -

5014 Poplar Ave. Memphis, TN 38117

Permit Cost: $3.1 million

Project Cost: TBA

Permit Date: Applied April 2013

49. Four-Way Self Storage Facility Sells for $1.3 Million -

6780 Country Park Drive Memphis, TN 38134

Sale Amount: $1.3 million

Sale Date: April 9, 2013

50. Harold Ford Sr. Buys Sycamore View Property -

1670 Sycamore View Road Memphis, TN 38134

Sale Amount: $1.8 million

Sale Date: April 8, 2013

51. Highwoods Buys Land for International Paper Expansion -

Highwoods Realty LP has bought two parcels of East Memphis land totaling about 5.1 acres that will be used for International Paper’s headquarters expansion.

52. Berclair Dollar General Sells for Almost $1 Million -

3443 Jackson Ave., Memphis, TN 38122

Sale Amount: $971,000
Sale Date: March 14, 2013
Buyer: VM Property Investments LLC
Seller: Ware Properties LLC
Loan Amount: $679,700
Loan Date: March 14, 2013
Maturity Date: N/A
Lender: US Bank NA
Details: The 9,160-square-foot Dollar General store at 3433 Jackson Ave. in Berclair has sold for $971,000.

53. Wills Stewarding Growth of East Memphis Land -

For Walter Wills III, taking care of his neighborhood and the surrounding area is one of his life tasks.

Wills & Wills LP has owned much of the land in the Kirby-Quince corridor for more than 40 years. The area is seeing an influx of medical office and retail users in the past few years, and more are expected with a new Regional Medical Center at Memphis outpatient center in the area.

54. New York Firm Buys Distribution Center for $24.7 Million -

Gramercy Capital Corp. has acquired Hacks Cross Logistics Center Building 1 in Olive Branch for $24.7 million from Hillwood Investment Properties.

55. Gramercy Capital Acquires $25 Million Distribution Facility -

Gramercy Capital Corp. has acquired Hacks Cross Logistics Center Building 1 in Olive Branch for $24.65 million from Hillwood Investment Properties.

56. Austin Takes Reins Of Wolf River Conservancy -

Commercial real estate lawyer Stewart Austin of Glankler Brown, PLLC, has been named the new board president for the Wolf River Conservancy as of Jan. 1.

57. Nike Buys Frayser Land From Belz for Expansion -

200 acres in Frayser Sale Amount: $2.2 million

Sale Date: Jan. 24, 2013

Buyer: Nike TN Inc.

58. Real Estate Leaders to Present Trends at Forecast -

Real estate leaders will offer their reviews and insights for the Memphis-area commercial market at the 10th annual Commercial Property Forecast Summit starting at 8 a.m. Feb. 7 at the Germantown Performing Arts Centre, 1801 Exeter Road.

59. Real Estate Leaders to Present Trends at Forecast Summit -

Real estate leaders will offer their reviews and insights for the Memphis-area commercial market at the 10th annual Commercial Property Forecast Summit starting at 8 a.m. Feb. 7 at the Germantown Performing Arts Centre, 1801 Exeter Road.

60. Quince Fred’s Super Dollar Sells for $2.1 Million -

6500 Quince Road, Memphis, TN 38119

Sale Amount: $2.1 million

Sale Date: Jan. 18, 2013

61. Realty Income Corp. Buys Herbalife Facility -

5025 Crumpler Road Memphis, TN 38141

Sale Amount: $16.6 million

62. Crowne Plaza Hotel Sells Out of Foreclosure -

300 N. Second St. Memphis, TN 38103

Sale Amount: $9.4 million

Sale Date: Dec. 28, 2012

63. Trustee to Hold Third Real Estate Road Show -

Shelby County Trustee David Lenoir is partnering with real estate information company Chandler Reports and the Community Development Council to present its third Real Estate Road Show Thursday, Jan. 3.

64. Southwind Homewood Suites Sells for $6.5 Million -

3583 Hacks Cross Road Memphis, TN 38125

Sale Amount: $6.5 million

Sale Date: Nov. 2, 2012

65. CashSaver Trades Hands for $3.2 Million -

The CashSaver in Midtown has traded hands. 

Kansas City, Kan.-based Super Market Developers Inc. bought the 69,017-square-foot building at 1620 Madison Ave. at Avalon Street from 1620 Madison LLC for $3.2 million. Fred Monks III, president/chief manager of 1620 Madison LLC, signed the special warranty deed.

66. Trustee to Hold Third Real Estate Road Show -

Shelby County Trustee David Lenoir is partnering with real estate information company Chandler Reports and the Community Development Council to present its third Real Estate Road Show Thursday, Jan. 3.

67. Southwind Homewood Suites Sells for $6.5 Million -

The Homewood Suites by Hilton Southwind at 3583 Hacks Cross Road sold for $6.5 million in a successor trustee’s deed following a foreclosure.

68. 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.”

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

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

Sale Date: Dec. 10, 2012

70. Fairway Manor to Rise in Westwood -

An $8.5 million public housing project called Fairway Manor soon will break ground in Westwood’s 38109 ZIP code.

The facility at 12 W. Fairway Ave. will include a three-story senior living space and a seven-building townhouse apartment complex with clubhouse. The 110,000-square-foot project will contain 96 units between the two properties.

71. Southwind Hampton Inn Sells for $5.6 Million -

The Hampton Inn Memphis-Southwind hotel at 3579 Hacks Cross Road sold for $5.6 million in a successor trustee’s deed following a foreclosure.

72. Home Sales Up 16 Percent -

The Shelby County housing market continued to improve last month with year-over-year increases in home sales and average prices, and industry experts say those are just two of the signs that local residential real estate has stabilized.

73. Bank Profits Shrink in Third Quarter -

Memphis-area banks on the whole were a lot less profitable at the end of the third quarter than they were during the same period in 2011.

The two dozen or so banks in the Memphis market reported a little more than $12 million in year-to-date net income at the end of the third quarter, according to data from the Federal Reserve Bank of St. Louis. That’s a big drop from the $136.3 million in year-to-date net income the same banks collectively reported in the third quarter of 2011.

74. Jones Center Fulfills Dream at First Assembly Christian School -

If the walls could talk in the log cabin on the campus of First Assembly Christian School in Cordova, they might tell stories of home life in 1836 or of the visiting missionaries who used to stay there.

75. Willow Oaks Apartments Sell for $1.5 Million -

2429 Ketchum Road Memphis, TN 38114

Sale Amount: $1.5 million

Sale Date: Nov. 2, 2012

76. Corporate Avenue Building Sells for $1.2 Million -

1721 Corporate Ave. Memphis, TN 38132

Sale Amount: $1.2 million

Sale Date: Oct. 26, 2012

77. Owner of Cordova Abbay's Files $1.3 Million Loan -

Abbay Hyde Enterprises LLC, the owner of the Abbay’s fast-food restaurant at 2345 N. Germantown Parkway in Cordova, has filed a $1.3 million on the property.

78. Case Management Buys Airport-Area Office Building -

3171 Directors Row Memphis, TN 38116

Sale Amount: $1.3 million

Sale Date: Sept. 28, 2012

79. Georgia Company Files Loans on Auto Dealerships -

Duluth, Ga.-based JWE ACE LLC has filed loans for $9.5 million and $1.3 million, respectively, for the auto dealerships at 3060 N. Germantown Road in Bartlett and 1831 Getwell Road in Memphis.

80. Nashville Company Buys Wolf River Medical Building for $11 Million -

8040 Wolf River Blvd.
Germantown, TN 38138
Sale Amount: $11 million

Sale Date: Oct. 9, 2012
Buyer: HRT of Tennessee Inc.
Seller: Bayrock Investment Co. LLC
Details: HRT of Tennessee Inc., an affiliate of Nashville-based Healthcare Realty Trust Inc., has paid slightly less than $11 million for the medical office building at 8040 Wolf River Blvd. in Germantown.

81. City Council Mulls Future of Whitehaven Golf Course -

Memphis City Council members will take a second look at plans to close the Links of Whitehaven city golf course in November.

City Parks and Neighborhood director Janet Hooks told council members last month that Memphis Mayor A C Wharton Jr.’s administration wants to instead close the Davy Crockett city golf course in Frayser despite council approval this past spring to close the nine-hole Whitehaven golf course.

82. Shelby Oaks Red Roof Inn Sells for $1.6 Million -

6055 Shelby Oaks Drive
Memphis, TN 38134

Sale Amount: $1.6 million

Sale Date: Sept. 19, 2012

83. Events -

The Orpheum Theatre will present “Billy Elliot the Musical” Tuesday, Sept. 18, through Sept. 23 at the theater, 203 S. Main St. Visit orpheum-memphis.com for showtimes and tickets.

84. Hampton Inn Southwind in Foreclosure -

The Hampton Inn Memphis-Southwind hotel, 3579 Hacks Cross Road, is in foreclosure after its Memphis-based ownership group defaulted on an $11.5 million loan.

85. Events -

The Federalist Society Memphis Lawyers’ Chapter and University of Memphis Law Students’ Chapter will present a free Constitution Day program Monday, Sept. 17, from 11:30 a.m. to 1:15 p.m. at the University of Memphis Cecil C. Humphreys School of Law, 1 N. Front St. Pepperdine University professor Dr. Gordon Lloyd will speak. R.S.V.P. to Greg Grisham at gregory.grisham@jacksonlewis.com or 462-2616.

86. Panda to Build Restaurant On Winchester Outparcel -

7525 Winchester Road
Memphis, TN 38125

Permit Cost: $791,345

Project Cost: N/A

87. BankTennessee Opens New Atoka Loan Center -

In an effort to fill a key spot along the U.S. 51 corridor and bridge the gap between its Memphis market and an office in Lauderdale County, Collierville-based BankTennessee has expanded its footprint.

88. Events -

The Center City Development Corp. board will meet Wednesday, Aug. 15, at 9 a.m. in the DMC conference room, 114 N. Main St. Visit downtownmemphiscommission.com.

89. Trustee and County Land Bank Prepping Road Show -

The office of Shelby County Trustee David Lenoir and the Shelby County Land Bank are teaming up to present a “Real Estate Road Show” starting later this month.

90. Dot-Com Moves Distribution To Memphis -

Wilsonville, Ore.-based LinenTablecloth.com has entered the Memphis industrial market, leasing 82,500 square feet at 3046 Datsun Drive for its new distribution center.

91. Grant Entity Files $20M Loan For Collierville Construction -

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

92. Cheddar's Franchisee Buys Cordova Land -

Greer Cos., the largest franchisee of Cheddar’s Casual Cafe, has bought 2.7 acres at the southwest corner of North Germantown Parkway and Bellevue Parkway in Cordova.

Working as Greer Land Co.-Restaurants LLC, the company paid $1.4 million for the site, which is part of 8.7 acres seller South Bellevue Corp. bought in 2006.

93. 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.

94. Scorched Earth -

The daily hustle and bustle of city life makes it easy for Memphians to forget that the urban pocket they call home sits amid one of the nation’s richest agricultural regions, one that’s suffering the economic impact of unusually high temperatures and a nationwide drought.

95. 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.

96. City Files $12 Million Permit App To Build Overton Square Garage -

2100 Monroe Ave.
Memphis, TN 38104

Permit Cost: $12 million

Permit Date: Applied June 2012

97. MEPPI Files $155M Permit App For Rivergate Plant, Office -

2865 Riverport Road
Memphis, TN 38109

Permit Cost: $155 million

Permit Date: Applied June 2012

98. Dodd-Frank Could Have ‘Dire Impact’ On Economy -

As banks nationwide are feeling the pressure of regulatory change like the Dodd-Frank Wall Street Reform and Consumer Protection Act, commercial real estate lending standards by community banks will likely remain stringent for the foreseeable future.

99. Quince Road Acreage Sells for $400,000 -

Memphis-Quince LLC has bought 1.7 acres on the north side of Quince Road from Wills & Wills LP, filing a $1.7 million construction loan through Magna Bank at the time of sale.

100. $7.5 Million Permit App Filed for Fieldstone Apts. -

7986 Tournament Drive
Memphis, TN 38125

Permit Cost: $7.5 million

Permit Date: Applied May 2012

Owner: Fieldstone Apartments III Co.

Contractor: Patton & Taylor Construction Co.