1068 Cresthaven Road Memphis, TN 38119

Sale Amount: $2.5 million

Sale Date: May 2, 2013

2. Drugstore Corridor - Wednesday, May 15, 2013

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.

3. 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

4. Construction Lending Still Facing Tepid Improvement - Saturday, May 11, 2013

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.

5. Core Focus - Saturday, May 11, 2013

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.

6. Whole Foods Files Permit for Expansion - Tuesday, May 07, 2013

5014 Poplar Ave. Memphis, TN 38117

Permit Cost: $3.1 million

Project Cost: TBA

Permit Date: Applied April 2013

7. Four-Way Self Storage Facility Sells for $1.3 Million - Tuesday, April 23, 2013

6780 Country Park Drive Memphis, TN 38134

Sale Amount: $1.3 million

Sale Date: April 9, 2013

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. Highwoods Buys Land for International Paper Expansion - Thursday, March 28, 2013

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.

10. Berclair Dollar General Sells for Almost $1 Million - Tuesday, March 26, 2013

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.

11. Wills Stewarding Growth of East Memphis Land - Monday, March 18, 2013

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.

12. New York Firm Buys Distribution Center for $24.7 Million - Monday, March 18, 2013

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

13. Gramercy Capital Acquires $25 Million Distribution Facility - Friday, March 15, 2013

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

14. Austin Takes Reins Of Wolf River Conservancy - Thursday, February 07, 2013

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.

15. 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.

16. Real Estate Leaders to Present Trends at Forecast - Saturday, February 02, 2013

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.

17. Real Estate Leaders to Present Trends at Forecast Summit - Tuesday, January 29, 2013

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.

18. Quince Fred’s Super Dollar Sells for $2.1 Million - Tuesday, January 29, 2013

6500 Quince Road, Memphis, TN 38119

Sale Amount: $2.1 million

Sale Date: Jan. 18, 2013

19. Realty Income Corp. Buys Herbalife Facility - Tuesday, January 15, 2013

5025 Crumpler Road Memphis, TN 38141

Sale Amount: $16.6 million

20. Crowne Plaza Hotel Sells Out of Foreclosure - Tuesday, January 08, 2013

300 N. Second St. Memphis, TN 38103

Sale Amount: $9.4 million

Sale Date: Dec. 28, 2012

21. Trustee to Hold Third Real Estate Road Show - Saturday, December 29, 2012

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.

22. Southwind Homewood Suites Sells for $6.5 Million - Monday, December 31, 2012

3583 Hacks Cross Road Memphis, TN 38125

Sale Amount: $6.5 million

Sale Date: Nov. 2, 2012

23. CashSaver Trades Hands for $3.2 Million - Friday, December 28, 2012

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.

24. Trustee to Hold Third Real Estate Road Show - Thursday, December 27, 2012

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.

25. Southwind Homewood Suites Sells for $6.5 Million - Thursday, December 27, 2012

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.

26. Midtown Momentum - Saturday, December 22, 2012

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.”

27. Delta Blues Winery LLC Buys 15 Acres in Lakeland - Tuesday, December 18, 2012

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

Sale Date: Dec. 10, 2012

28. Fairway Manor to Rise in Westwood - Thursday, December 13, 2012

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.

29. Southwind Hampton Inn Sells for $5.6 Million - Tuesday, December 11, 2012

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.

30. Home Sales Up 16 Percent - Tuesday, December 11, 2012

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.

31. Bank Profits Shrink in Third Quarter - Monday, November 26, 2012

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.

32. Jones Center Fulfills Dream at First Assembly Christian School - Wednesday, November 21, 2012

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.

33. Willow Oaks Apartments Sell for $1.5 Million - Tuesday, November 13, 2012

2429 Ketchum Road Memphis, TN 38114

Sale Amount: $1.5 million

Sale Date: Nov. 2, 2012

34. Corporate Avenue Building Sells for $1.2 Million - Tuesday, November 06, 2012

1721 Corporate Ave. Memphis, TN 38132

Sale Amount: $1.2 million

Sale Date: Oct. 26, 2012

35. Owner of Cordova Abbay's Files $1.3 Million Loan - Friday, November 02, 2012

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.

36. Case Management Buys Airport-Area Office Building - Tuesday, October 23, 2012

3171 Directors Row Memphis, TN 38116

Sale Amount: $1.3 million

Sale Date: Sept. 28, 2012

37. Georgia Company Files Loans on Auto Dealerships - Monday, October 22, 2012

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.

38. Nashville Company Buys Wolf River Medical Building for $11 Million - Tuesday, October 16, 2012

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.

39. City Council Mulls Future of Whitehaven Golf Course - Thursday, October 04, 2012

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.

40. Shelby Oaks Red Roof Inn Sells for $1.6 Million - Tuesday, September 25, 2012

6055 Shelby Oaks Drive
Memphis, TN 38134

Sale Amount: $1.6 million

Sale Date: Sept. 19, 2012

41. Events - Tuesday, September 18, 2012

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.

42. Hampton Inn Southwind in Foreclosure - Monday, September 17, 2012

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.

43. Events - Monday, September 17, 2012

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.

44. Panda to Build Restaurant On Winchester Outparcel - Monday, September 03, 2012

7525 Winchester Road
Memphis, TN 38125

Permit Cost: $791,345

Project Cost: N/A

45. BankTennessee Opens New Atoka Loan Center - Monday, August 27, 2012

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.

46. Events - Wednesday, August 15, 2012

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.

47. Trustee and County Land Bank Prepping Road Show - Tuesday, August 14, 2012

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.

48. Dot-Com Moves Distribution To Memphis - Friday, August 10, 2012

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.

49. 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

50. Cheddar's Franchisee Buys Cordova Land - Thursday, August 02, 2012

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.

51. Cordova Ridge Shops Facing Foreclosure - Wednesday, August 01, 2012

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.

52. Scorched Earth - Monday, July 23, 2012

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.

53. Land in G'town's Enclave Sells for $2 Million - Wednesday, June 20, 2012

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.

54. City Files $12 Million Permit App To Build Overton Square Garage - Tuesday, June 19, 2012

2100 Monroe Ave.
Memphis, TN 38104

Permit Cost: $12 million

Permit Date: Applied June 2012

55. MEPPI Files $155M Permit App For Rivergate Plant, Office - Tuesday, June 12, 2012

2865 Riverport Road
Memphis, TN 38109

Permit Cost: $155 million

Permit Date: Applied June 2012

56. Dodd-Frank Could Have ‘Dire Impact’ On Economy - Monday, June 11, 2012

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.

57. Quince Road Acreage Sells for $400,000 - Friday, June 08, 2012

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.

58. $7.5 Million Permit App Filed for Fieldstone Apts. - Tuesday, June 05, 2012

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.

59. Colliers Duo Has Stellar Start to ’12 - Friday, June 01, 2012

Colliers International’s industrial team of Andy Cates and Preston Thomas has closed on 34 transactions (sales and leases) to date in 2012. Here’s a rundown of some of the team’s most recent industrial transactions:

60. $17M in Permit Applications Filed for Miller Creek Apts. - Tuesday, May 22, 2012

Miller Creek Apartments
Germantown, TN 38125

Permit Cost: $17.2 million (20 permits)

Permit Date: Applied May 2012

Owner: Miller Creek Residences LLC

61. Market Value - Monday, May 14, 2012

Investor Warren Buffett admitted in his annual letter to shareholders recently that he was “dead wrong” in his early 2011 prediction that the housing market would have begun recovery by now.

62. Acquisition Underscores RVC’s Long-Term Goals - Monday, May 14, 2012

Long before Andy Cates established RVC Outdoor Destinations in 2007, he solidified his commercial real estate background at Trammel Crow Co.

63. Mortgages Up 10 Pct. in April - Wednesday, May 09, 2012

T.S. Eliot described April as “the cruelest month” in his classic poem “The Waste Land” – but for Shelby County’s mortgage market, April turned out to be a bit more positive than that.

64. New York Co. Buys Into Four Lenox Park Bldgs. - Tuesday, May 08, 2012

3150 Lenox Park Blvd., 6750 Lenox Center Drive, 6745 Lenox Center Court and 6775 Lenox Center Court Memphis, TN 38115

65. 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

66. Best Western Exec. Inn Financed for $1.4M - Monday, April 30, 2012

The 60-room Best Western Executive Inn at 3105 Millbranch Road has been financed for $1.4 million, the second loan owner Jai Gayatri Inc. has filed for the Whitehaven property in as many months.

67. Southland Sells Parcels To Bank For $1 Million - Friday, April 13, 2012

A Downtown property that real estate investor Terry Lynch once planned for residential and retail space was sold back to the lender for slightly less than $1 million.

68. Thursday Lecture Explores Urban Retail - Wednesday, April 11, 2012

Urban Land Institute Memphis is partnering with Crosstown Arts, the Memphis Regional Design Center, Livable Memphis, American Institute of Architects Memphis, Federal Reserve Bank of St. Louis-Memphis Branch and Mayor A C Wharton Jr.’s Innovation Delivery Team to host Sustainable Urban Retail in Memphis: Contemporary Principles and Practices on Thursday, April 12, at Christian Brother University’s Buckman Hall.

69. Cordova Presbyterian Plans to Build on Fay Road - Tuesday, April 10, 2012

8707 Fay Road
Cordova, TN 38018

Permit Cost: $2 million

Permit Date: Applied March 2012

70. Dead Reckoning With Ghosts Of Our Past - Friday, April 06, 2012

GHOST OF A RIVER. Jimmy Ogle is a Memphis history savant. He knows things about people and places around here that even those people didn’t know in the first place.

71. Mitsubishi Chem Subsidiary Files Permit App for HQ - Tuesday, March 27, 2012

2665 Fite Road
Memphis, TN 38127

Permit Cost: $8.2 million

Permit Date: Applied March 2012

72. Foreclosure Notices Filed for Panattoni Land - Thursday, March 22, 2012

Vacant parcels on Holmes Road in Hickory Hill could be headed for a foreclosure sale after a group of borrowers that included Panattoni Development Co. leaders defaulted on multimillion-dollar construction loans, according to two first-run foreclosure notices in The Daily News Thursday, March 22.

73. $1.5 Million Loan Filed For Future Vantage Point Golf - Tuesday, March 06, 2012

Future Vantage Point Golf Center

Loan Amount: $1.5 million

Loan Date: Feb. 28, 2012

Maturity Date: March 1, 2037

Borrower: Vantage Point Holdings LLC

74. Miconi Finds Success During First Year - Tuesday, February 28, 2012

Start-up firm Miconi Project Management has completed several projects in the Memphis area in recent months, and has more in the pipeline.

Warren Miconi founded the firm on April 1. It provides real estate project management and consulting services to clients with operations in Mississippi and the Mid-South.

75. Multipurpose Bldg. Planned for Soulsville Charter School - Tuesday, February 07, 2012

1115 College St.
Memphis, TN 38106
Permit Cost: $4 million

Permit Date: Applied February 2012
Owner: The Soulsville Foundation
Tenant: The Soulsville Foundation
Details: The Soulsville Foundation has filed a $4 million building permit application with the city-county Office of Construction Code Enforcement for a 15,000-square-foot, one-story, multipurpose building at The Soulsville Charter School.

76. Grinding it Out - Monday, February 06, 2012

After most recessions, real estate bounces back.

But the Great Recession has been notably different – long, deep and very prolonged.

That’s the message Dr. John Gnuschke, director of the Sparks Bureau of Business and Economic Research and co-director of the Center for Real Estate at the University of Memphis, delivered in December at the Urban Land Institute’s Real Estate Outlook for the Mid-South.

77. Holmes Rd. Industrial Land Sells for $3M in Foreclosure - Thursday, February 02, 2012

San Francisco-based ATC Realty One LLC has bought vacant land on the north side of East Holmes Road between Getwell and Malone roads for $3 million at a foreclosure sale. Previous owner Holmes-Getwell 200 defaulted on a 2004 loan for $7.5 million through SouthTrust Bank, now merged into Wells Fargo Bank NA.

78. City Community Enhancement Probe Clouds Wharton's Long Term Plans - Monday, January 16, 2012

Memphis Mayor A C Wharton Jr. admitted that he sounded a bit glum Wednesday, Jan. 11, when he spoke to a group of around 100 at the Memphis Kiwanis Club at the start of his new term of office.

“Some may say, ‘That guy’s really negative today,’” Wharton told reporters later. “I simply wanted to let everybody know that while things are getting better we have a ways to go.”

79. Former Cordova Schnucks Sells for $3.1 Million - Friday, January 06, 2012

Memphis-based PLC International Inc. has bought a vacant 68,000-square-foot Schnucks supermarket at 1150 N. Germantown Parkway (also known as 1140 Cordova Road) from SM Properties Memphis LLC for $3.1 million.

80. Lamar Crossing Apts. Changes Owners Again - Monday, January 02, 2012

2881 Lamar Ave.
Memphis, TN 38114
Loan Amount: $3.5 million

Loan Date: Oct. 7, 2011
Maturity Date: n/a
Borrower: Lamar Apartments LP
Lender: Nessko TN LLC

81. CRE Activity Stays Strong During 2011 - Friday, December 30, 2011

Despite hard times, local commercial real estate firms were able to ink plenty of deals in the past 12 months.

Memphis’ industrial leasing activity kicked off in January when Buena Park, Calif.-based Pacific Logistics Corp. signed a 60,000-square-foot lease in ProLogis Park DeSoto for its first Memphis-area location.

82. Cross Creek Apartments Financed for $11.2M - Wednesday, December 28, 2011

Cross Creek-Millington LLC has filed an $11.2 million multifamily deed of trust through Deutsche Bank Berkshire Mortgage Inc. for Cross Creek Apartments, 8594 Blue Creek Circle in Millington.

83. 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

84. Prolonged Recession - Monday, December 26, 2011

In the words of Phil Woodard, an owner of multiple residential and commercial properties in Downtown Memphis, breaking even is the new profit.

Or as national real estate expert Jonathan Miller said earlier this month at the Urban Land Institute’s Real Estate Outlook for the Mid-South, “We cannot expect to make money the way we did a few years ago.”

85. Roebuck to Auction Large Tracts of Land - Friday, December 23, 2011

Roebuck Auctions will conduct a land auction featuring large-acreage tracts in the Memphis area on Jan. 26 at 11:07 a.m. at 210 Quality Road in Byhalia.

86. Harbor Town Apts. Sell For $31.5M - Friday, December 23, 2011

Dallas-based Behringer Harvard has acquired the Arbors Harbor Town Apartments – a 345-unit multifamily community in Harbor Town on Mud Island – for $31.5 million, or $91,304 per unit.

87. Marty Regan Blends Civic, Community Duties - Thursday, December 15, 2011

When Marty Regan looks out from his penthouse view at One Commerce Square, he sees an array of public and private partnerships that wouldn’t have been possible without real estate attorneys.

88. Permit Increase Implies ‘False Hope’ - Wednesday, December 14, 2011

Local homebuilders filed 75 percent more new home permits during November compared to the same month last year, but there are several underlying factors in those artificially high year-over-year totals.

89. 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.

90. 'Babe' Howard's Estate Sells Vacant Land - Thursday, December 01, 2011

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.

91. Cotton Council Building Sells for $3.1 Million - Tuesday, November 29, 2011

1918 North Parkway
Memphis, TN 38112
Sale Amount: $1 million

Sale Date: Nov. 18, 2011

92. Cross Creek Shopping Ctr. Sells for $12.7 Million - Tuesday, November 22, 2011

3469 Riverdale Road, 3505 Riverdale Road and 3587 Riverdale Road
Memphis, TN 38115
Sale Amount: $12.7 million

93. Trinity Ridge Business Ctr. Sells for $7.6 Million - Tuesday, November 15, 2011

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

94. Adair Discusses Grand Vision for Piperton - Friday, November 11, 2011

Proving naysayers wrong has become a hobby of William Adair’s.

When the Collierville native and his wife started Direct General Insurance Co. in 1991, it had six employees. Twelve years later, the firm had 520 offices across 13 states, was competing with State Farm and Allstate, and “all of the things that couldn’t be done were getting done,” he said.

95. Gallina Centro Acreage Sells for $2.1 Million - Thursday, November 10, 2011

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.

96. 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

97. National College Files $5.2M Permit For Thousand Oaks Spot - Tuesday, November 08, 2011

Plans are under way for a private college’s third brick-and-mortar location in Memphis.

National College/Corolla Management has filed a $5.2 million building permit with the city-county Department of Construction Code Enforcement for construction of a two-story college building for business medical and computer training at 2576 Thousand Oaks Cove, according to The Daily News Online, www.memphisdailynews.com.

98. National College Files $5.2M Permit for Thousand Oaks Spot - Monday, November 07, 2011

Plans are under way for a private college’s third brick-and-mortar location in Memphis.

National College/Corolla Management has filed a $5.2 million building permit application with the city-county Department of Construction Code Enforcement for construction of a two-story college building for business medical and computer training at 2576 Thousand Oaks Cove, according to The Daily News Online, www.memphisdailynews.com.

99. Consolidation to Impact Housing Market - Monday, November 07, 2011

Rather than speculate, it’s imperative that residents of Memphis and Shelby County research for themselves the impact of the pending schools consolidation on their families.

That was the message a room full of real estate agents, appraisers and financial professionals received Thursday, Nov. 3, when real estate information company Chandler Reports hosted its “Master Your Market: 3rd Quarter 2011 Update.”

100. Preserve at Southwind Apts. Sell for $22.2 Million - Tuesday, October 25, 2011

7991 Capilano Drive
Memphis, TN 38125
Sale Amount: $22.2 million

Sale Date: Oct. 12, 2011