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Editorial Results (free)

1. Oakhaven Warehouse Sells for $1.2 Million -

4300 Air Trans Road
Memphis, TN 38118
Sale Amount: $1.2 million

Sale Date: Dec. 17, 2013
Buyer: Chob Realty LLC
Seller: Tenn Trans LLC
Loan Amount: $950,000
Loan Date: Dec. 19, 2013
Maturity Date: N/A
Lender: BankPlus
Details: The 109,626-square-foot warehouse at 4300 Air Trans Road in Oakhaven has traded hands for $1.2 million.

2. New Owner of Holmes Properties Files Loan -

The new owner of the Memphis Logistics I and II buildings at 5510 E. Holmes Road and 5540 E. Holmes Road has filed a $28.9 million loan on the properties.

3. Cordova Creek Apartments Sell for $12.5 Million -

1175 N. Germantown Parkway
Memphis, TN 38016
Sale Amount: $12.5 million

4. Industrial Portfolio Sells for $40.1 Million -

Three Class A warehouses totaling close to 1.9 million square feet in Southeast Memphis have been sold for a combined $40.1 million.

The Memphis Logistics I and II buildings at 5510 E. Holmes Road and 5540 E. Holmes Road and the warehouse at 4880 Tuggle Road were sold in two separate deeds in lieu of foreclosure that closed Dec. 16.

5. Guardian Relocation Expands Into Memphis -

Guardian Relocation Inc. is seeking to make a name for itself in the Mid-South by planting its flag in Memphis.

6. Real Estate Magazine Names Cates to Hall of Fame -

Andy Cates, executive vice president with Colliers International Memphis, was recently honored as a part of the 2012 Midwest Real Estate News Magazine’s Hall of Fame, which honors the Midwest’s biggest names in commercial real estate.

7. Real Estate Magazine Names Cates to Hall of Fame -

Andy Cates, executive vice president with Colliers International Memphis, was recently honored as a part of the 2012 Midwest Real Estate News Magazine’s Hall of Fame, which honors the Midwest’s biggest names in commercial real estate.

8. Memphis: Industrial Small Giant -

The Memphis Metro is an interesting industrial market. Like many other markets, we’ve begun to see positive signs in the numbers: We ended 2011 with positive absorption of more than 1.6 million square feet.

9. Trane Signs Lease on Tradeport Drive -

Trane U.S. Inc. has finalized its 625,000-square-foot industrial lease in Southeast Memphis after the deal process initially began in January 2011.

10. Crain Contractors Buys Warehouse for $1M -

A Memphis-based multifamily renovation and maintenance firm is expanding its presence in the northeast industrial submarket.

Crain Contractors LLC, doing business as Contractors Inc., has purchased the 21,000-square-foot office flex warehouse at 6707 Fletcher Creek Cove in Kirby Whitten Industrial Park for $1 million.

11. Yuengling Expansion Could Bring Tourism, Wider Beer Distribution -

A brewery in Memphis will allow D.G. Yuengling & Son Inc. to introduce its beer to new markets in the South and Midwest, said David Casinelli, the company’s chief operating officer.

12. Redesigned and Rebuilt -

David Schuermann, president of Architecture Inc., said his 16-year-old Downtown firm specializes in renovations and restorations to existing buildings.

13. Tax Credits Fuel 6 Percent Rise in April Home Sales -

WASHINGTON (AP) – A rush of homebuyers aiming to meet a deadline to qualify for a federal tax credit pushed the number of signed sales contracts to the highest level since October.

The National Association of Realtors reported Wednesday its seasonally adjusted index of sales agreements for previously occupied homes rose 6 percent in April from a month earlier to a reading of 110.9. March’s reading was revised upward to 104.6.

14. Numbers Show Industrial Real Estate Taking Plenty Of ‘Licks’ -

A healthy industrial real estate market is imperative for Memphis to live up to its longtime moniker of “America’s Distribution Center” or its new one of “America’s Aerotropolis.”

In other words, a viable warehouse sector – which bolsters the city’s ability to store goods before they’re distributed and supports the city’s robust transportation assets – is mission critical no matter how the city’s marketing is phrased.

15. Memphis Bioworks Heads to the Farm -

The Memphis Bioworks Foundation has taken the next step in its development strategy by formally targeting biofuels and related products.

Since it was founded in 2001, Bioworks has concentrated on human medicine, and mainly on real estate issues; one of the first needs was lab space to help recruit scientists, which involved the 2005 implosion of Baptist Memorial Hospital along Union Avenue to make way for the UT-Baptist Research Park.

16. Tennessee ManufacturingDrops 4 Percent in a Year -      Tennessee industrial employment declined 4 percent between September 2006 and September 2007, according to the 2008 Tennessee Manufacturers Register, an industrial guide published annually by Evanston, Ill.-based Manufac

17. Canadian National UnveilsAlternative Fuels Strategy -      Canadian National Railway Co. (CN) has unveiled an alternative fuels strategy that is focused on generating new business from the transportation of ethanol and ethanol feedstock, wood pellets and biodiesel fuel.
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18. Nissan's Memphis OperationsScheduled to Crank Up Soon -      Nissan North America plans to have its new regional distribution facility open for operations by April.
     In December, it was announced that Nissan had chosen Memphis to launch a 413,000-

19. Archived Article -

1.04 acres
off U.S. 51
Loan Amount: $1.8 million

Loan Date: April 20, 2006

Maturity Date: April 20, 2008

20. Archived Article: Real Review - Fogelman Management Group nabs national awards

Fogelman Management Group nabs national awards

Fogelman Management Group recently received two Paragon Awards from the National Apartment Association.

The Paragon Awards are given annually by t...

21. Archived Article: Memos - Shellie Moses of Boyle Investment Co

Shellie Moses of Boyle Investment Co. received the Real Property Administrator professional designation from the Building Owners and Managers Association. As a property operations manager at Boyle, Moses is re...

22. Archived Article: Banyan P.2 - Banyan liquidates at $4 Banyan liquidates at $4.75 per share Banyan Strategic Realty Trust announced its board of trustees has authorized distribution of the sum of $4.75 per share on June 28, to shareholders of record as of June 13. Banyan indicate...

23. Archived Article: Real Review - Banyan closes property sale Banyan closes property sale to Denholtz Management Banyan Strategic Realty Trust has completed the sale of 27 of its properties to affiliates of Denholtz Management Corp., pursuant to a contract entered into Jan. 8. The t...

24. Archived Article: Real Review - Quantum House goes on auction block Quantum House goes on auction block Jan. 21 The high-tech Quantum House, located in Midtown, goes up for absolute sale this month when John Roebuck and Associates offers the property at auction. Hayes-Wright Const...

25. Archived Article: Housing Starts (lead) - By LAURIE JOHNSON Overall home sale decline, customizing pushes values higher By LAURIE JOHNSON The Daily News Fewer homes were started in Memphis and Shelby County in 1999, but they were more expensive, according to local housing figures. A total o...

26. Archived Article: Real Briefs - Mid-America Apartment Q4 FFO Real estate investment trust Mid-America Apartment Communities Inc. posted a 14.6 percent increase in fourth quarter funds from operations but still fell a cent less than market expectations. For the three months ended D...

27. Archived Article: Real Briefs - Mid-America Apartment Communities Declares Dividend The Memphis Area Association of Realtors announced its Multiple Listing Service tallied 3,354 residential sales in the second quarter, up 13.3 percent from 2,961 in the second quarter of 1997. June...

28. Archived Article: Back - RFS Trade Shows Inc. selects Memphis for supply show A new regional trade show featuring machinery, tooling, supplies and services for the furniture, cabinet, casegoods, millwork and industrial wood products industries has selected the Memphis Cook ...

29. Archived Article: Market Briefs - Thomas and Betts Corp Thomas and Betts Corp. announced it reached a definitive agreement to acquire Marr Group Limited. The cash purchase is expected to close in early March following completion of due diligence. Marr, based in Mississauga, Ontario,...

30. Archived Article: Local Stocks - 7/17 jts local stocks Local companies follow market correction By JAMES SNYDER The Daily News Memphis companies took it in the shorts along with the rest of the market Monday afternoon, following the fourth worst correction in the history of the sto...