6780 Country Park Drive Memphis, TN 38134

Sale Amount: $1.3 million

Sale Date: April 9, 2013

2. County Business Licenses Dip 7.4 Percent - Monday, April 22, 2013

The number of business licenses filed with the Shelby County Clerk’s office fell 7.4 percent to 1,415 in the first quarter, compared with 1,528 in the first quarter of 2012, according to The Daily News Online, www.memphisdailynews.com.

3. Kirby Food & Fuel Sells for $1.2 Million - Wednesday, April 17, 2013

The Kirby Food & Fuel gas station and convenience store at 4138 Kirby Parkway in Hickory Hill has sold for $1.2 million.

4. New York Company Buys Country Squire for $49.2 Million - Tuesday, April 09, 2013

8056 Country Squire Lane Cordova, TN 38018

Sale Amount: $49.2 million

Sale Date: March 28, 2013

5. New York Company Buys Country Squire for $49.2 Million - Thursday, April 04, 2013

An affiliate of New York-based NorthStar Realty Finance Corp. has paid $49.2 million for the 972-unit Country Squire Apartments in Cordova.

6. Holtzclaw on Front Line of Myriad Real Estate Projects - Monday, March 18, 2013

Anna Holtzclaw’s footprint is on property all over Memphis.

Since 2001, the real estate marketing entrepreneur has worked to promote properties developed and designed by the likes of the Henry Turley Co., LRK Inc. and Loeb Properties Inc.

7. Apperson Crump Expands in Triad III - Friday, March 15, 2013

Memphis’ oldest continuously practicing law firm is expanding its presence in Triad III.

Apperson Crump PLC added 2,037 square feet to its seventh floor space in a vacant adjacent area between Silverleafe Capital Partners LLC.

8. Making an Impression - Tuesday, March 05, 2013

The firm redeveloping Overton Square considers its task at hand to be playing to its Midtown audience – not only in building construction, but also in incorporating art.

Loeb Properties Inc. is investing more than $20 million to revive the once-booming arts and entertainment district of the 1970s and 1980s. That includes adding new tenants to expand Overton Square’s footprint, redesigning existing structures and building new ones, and implementing a dozen or so multimedia art projects throughout.

9. U of M Files Permit for New Residence - Tuesday, February 26, 2013

3615 Central Ave. Memphis, TN 38111

Permit Cost: $43.5 million

Project Cost: $53 million

10. Council to Hear Fairgrounds Update - Tuesday, February 19, 2013

Memphis City Council members get a look Tuesday, Feb. 19, at the latest plan for renovation of the Mid-South Fairgrounds.

The city administration presents its plan at the 1:45 p.m. council executive session.

11. Green Line Marketing Doubles Office - Friday, February 15, 2013

Green Line Marketing Group has outgrown its East Memphis office space due to its expanded staff and client roster.

The boutique agency has signed a 2,000-square-foot lease in Racquet Club Plaza, where it will relocate from its three 350-square-foot executive suites in Clark Tower by the end of the month.

12. Memphis Marriott Sells for $12.4 Million in Foreclosure - Tuesday, February 12, 2013

2625 Thousand Oaks Blvd. Memphis, TN 38118

Sale Amount: $12.4 million

13. Autumnwood Apartments Sells for $13.5 Million - Monday, February 11, 2013

The 324-unit Autumnwood Apartments, situated at the southwest corner of Kirby Parkway and Mount Moriah Road Extended, has sold for $13.5 million to an entity named Autumnwood Investments LLC.

14. BenchMark to Relocate, Restructure - Friday, January 25, 2013

BenchMark at Southwind Realtors LLC will soon relocate its Southeast Memphis office, add agents, integrate technology into its business practices and go paperless in one fell swoop.

15. Victory Packaging Relocates to Memphis - Friday, January 18, 2013

Victory Packaging soon will relocate its entire Southaven branch operation to the Southeast Memphis industrial submarket.

The Houston, Texas-based industrial packaging supplier and distributor inked 158,333 square feet in Shelby Air Park Building 1, 4500 Malone Road. The 475,000-square-foot building also houses Terminal Warehouse Inc.

16. Exeter Buys West Memphis Warehouse for $15.6 Million - Friday, January 04, 2013

Pennsylvania-based Exeter Property Group has snatched up the Smucker’s distribution warehouse in West Memphis for $15.6 million.

The 600,000-square-foot facility was a foreclosed property from Bank of America, which was selling it with a year-end anticipated closing, said Matt Brodnik, Exeter’s director of capital markets.

17. Events - Thursday, January 03, 2013

Shelby County Trustee David Lenoir and Chandler Reports will hold the third Real Estate Road Show, a seminar about the growing portfolio of county-owned properties and how to buy them at tax sale, Thursday, Jan. 3, at 3 p.m. in the conference room at The Memphis Leadership Foundation, 1548 Poplar Ave. R.S.V.P. to csheffield@shelbycountytrustee.com or 432-4884.

18. Events - Wednesday, January 02, 2013

Shelby County Trustee David Lenoir and Chandler Reports will hold the third Real Estate Road Show, a seminar about the growing portfolio of county-owned properties and how to buy them at tax sale, Thursday, Jan. 3, at 3 p.m. in the conference room at The Memphis Leadership Foundation, 1548 Poplar Ave. R.S.V.P. to csheffield@shelbycountytrustee.com or 432-4884.

19. Changing Market - Wednesday, January 02, 2013

Much of 2012’s commercial real estate deals could be summed up in one of three phrases: speculative construction, institutional buyers and unusual transactions.

The first quarter was kicked off when Industrial Developments International Inc. revealed plans to add one build-to-suit and two speculative buildings in its Crossroads Distribution Center in Olive Branch – marking the area’s first spec construction since 2008.

20. Events - Saturday, December 29, 2012

The 54th AutoZone Liberty Bowl Football Classic, featuring Iowa State University vs. University of Tulsa, will be held Monday, Dec. 31, at 2:30 p.m. at Liberty Bowl Memorial Stadium, 335 S. Hollywood St. The Temptations will perform at halftime. For a list of bowl week events, visit autozonelibertybowl.org.

21. Events - Friday, December 28, 2012

The South Main Art Trolley Tour will be held Friday, Dec. 28, from 6 p.m. to 9 p.m. in the South Main Historic Arts District. Email info@southmainmemphis.net.

22. Events - Thursday, December 27, 2012

The South Main Art Trolley Tour will be held Friday, Dec. 28, from 6 p.m. to 9 p.m. in the South Main Historic Arts District. Email info@southmainmemphis.net.

23. 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.”

24. New Brewery on Tap for Cooper-Young - Friday, December 21, 2012

A new brewery is headed to Cooper-Young. 

Memphis native and craft beer enthusiast Drew Barton plans to open Memphis Made Brewing Co. LLC at 768 S. Cooper St. near York Avenue along with two other silent partners by mid 2013. The 6,000-square-foot space is adjacent to Signworks and owned by Richard Sullivan.

25. 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

26. California Firm Buys Cordova Retirement Home for $8.7 Million - Wednesday, December 12, 2012

An affiliate of Long Beach, Calif.-based real estate investment trust HCP Inc. has paid $8.7 million for the Emeritus of Cordova retirement community at 1535 Appling Care Lane in Cordova.

27. I-Bank Grows in Namesake East Memphis Office Tower - Friday, November 30, 2012

Independent Bank has expanded its headquarters at I-Bank Tower to primarily accommodate its Mortgage Lending Division.

28. Rheumatology Clinic Buys Germantown Office Building - Tuesday, November 27, 2012

7660 Poplar Pike Germantown, TN 38138

Sale Amount: $986,850

Sale Date: Nov. 14, 2012

29. United Housing to Relocate to Oakhaven/Parkway Village - Tuesday, November 27, 2012

United Housing Inc. is preparing to move from its Midtown offices at 51 N. Cooper St. to 2750 Colony Park Drive, near the old Mall of Memphis site in the Oakhaven/Parkway Village area.

30. Bioventus Inks Deal for 40,000 Square Feet - Thursday, November 22, 2012

A Durham, N.C.-based biologics company is relocating its Memphis presence, signifying a boon to the Northeast office submarket.

Bioventus LLC has inked 38,880 square feet of office and manufacturing space in Goodlett Farms Business Campus, 1900 Charles Bryan Road, in Cordova.

31. California Investor Buys Apartments for $25.5 Million - Wednesday, November 21, 2012

Torrance, Calif.-based Arenda Capital Management LLC has bought its second Memphis-area multifamily property this year, paying $25.5 million for the Grove at Trinity Pointe apartments at 555 Wood Arbor Parkway in Cordova.

32. Delek Buys Lion Oil Facility for $6.4 Million - Tuesday, November 20, 2012

1023 Riverside Drive Memphis, TN 38106

Sale Amount: $6.4 million

Sale Date: Nov. 7, 2012

33. East Memphis Assisted-Living Facility Sells for $11.7 Million - Monday, November 19, 2012

An affiliate of Long Beach, Calif.-based real estate investment trust HCP Inc. has paid $11.7 million for the Rose Terrace assisted living community at 6015 Primacy Parkway in East Memphis.

34. Gen X Inks State’s First Location on Austin Peay - Friday, November 16, 2012

A trendy Vernon, Calif.-based retailer has inked its first Tennessee location in Austin Peay Plaza.

Gen X Clothing Inc. signed a 35,000-square-foot lease at 3252 Austin Peay Highway. The space was formerly occupied by Big Lots.

35. 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

36. Center City Revenue Finance Corp. to Consider Brinkley Plaza Tax Break - Thursday, November 08, 2012

The Downtown Memphis Commission’s Center City Revenue Finance Corp. (CCRFC) has a full agenda for its Tuesday, Nov. 13, board meeting, with leasing and financing requests for Brinkley Plaza, Toyota Plaza and the Peabody Hotel Tract.

37. 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

38. LEDIC Management Group Opens Phoenix Office - Monday, November 05, 2012

Memphis-based LEDIC Management Group, an affiliate of Hunt Cos. Inc., has secured seven new multifamily management contracts in Arizona totaling 1,213 units.

39. 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.

40. J.D. Byrider Brings First Franchise To Memphis - Friday, October 26, 2012

The nation’s largest used car franchise company has entered the Memphis market. Carmel, Ind.-based J.D. Byrider has inked 30,900 square feet at 2580 Mount Moriah Road, marking the company’s second Tennessee dealership.

41. Lease Takes Appling Farms to Capacity - Friday, September 28, 2012

A distributorship of Pella Corp. has inked 11,300 square feet in Appling Farms Corporate Park, 6972 Appling Farms Parkway.

42. Midtown Utopia - Monday, September 24, 2012

Of Memphis’ tales of humble beginnings, of which there are many, the fluctuating renaissance of the Cooper-Young neighborhood is certainly compelling throughout.

The area has cycled from its 19th century roots to 1970s crime and neglect to its present-day status as one of the largest historic districts in the Southeast, a magnet of all ages and walks of life. All thanks to individuals and organizations that wouldn’t settle for sub-par quality in their tiny town within the bustling Bluff City.

43. Snyder’s-Lance Signs Deal In Southaven - Friday, September 21, 2012

A well-known snack food company has boosted its distribution presence in the Memphis area.

Snyder’s-Lance Inc. signed a 26,757-square-foot lease at Airways Distribution Center Building F, 8425 Airways Blvd., in Southaven.

44. Multifamily Owner Files New Loans on Properties - Monday, September 03, 2012

The owner of two local multifamily complexes – Poplar Place Townhomes and Collier Village – has filed loans on the properties.

Both properties are owned by an anonymous out-of-town investor and managed by Newtown Square, Pa.-based GMH Capital Partners LLC.

45. 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

46. Senior Sector - Monday, August 20, 2012

The 76 million Americans born between 1946 and 1964 were said to have remodeled society as they moved through it.

It was the baby boomer generation that drove the cultural shift to consumerism with SUVs and mini-vans. That demographic just turned 65 and real estate developers have taken notice.

47. 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

48. Grant Partnership Plans to Build in Collierville - Monday, August 06, 2012

Westbrook Crossing GP, a partnership comprised of Milton and Ruth Grant, has filed a $20 million construction loan to build adjacent to the FedEx World Technology Center in Collierville.

49. Raleigh Office Complex Sold To Local Entity - Friday, August 03, 2012

An office complex in Raleigh has traded hands after being under the same family ownership for more than 30 years.

Commercial Real Estate Network LLC, a local investor, has purchased the 40,756-square-foot Raleigh Center Office Complex at 2974 Austin Peay Highway from Charles R. Averwater Living Trust for $299,000.

50. Shelby Crossing Retail Center Sells for $2M in Foreclosure - Tuesday, July 31, 2012

6100 Macon Road
Memphis, TN 38134

Sale Amount: $2 million

Sale Date: July 13, 2012

51. Royal Oaks Houses Trade Hands for $1.1M - Wednesday, July 25, 2012

New York-based SpringView Investments LLC has acquired 19 houses in Raleigh’s Royal Oaks Planned Development for $1.1 million.

52. Q2 Bankruptcies up 6.5 Percent - Friday, July 20, 2012

Bankruptcy filings in West Tennessee increased overall in the second quarter of 2012, although Chapter 7 bankruptcies, filed by the most hard-pressed debtors, fell slightly, according to The Daily News Online, www.memphisdailynews.com.

53. StyleCraft Signs Lease At Airways Building E - Friday, July 13, 2012

Home decor company StyleCraft Home Collection Inc. has signed a 167,600-square-foot lease at Industrial Developments International’s Airways Distribution Center Building E.

54. Dunavant Development Buys Bartlett Logistics Portfolio - Friday, June 22, 2012

Dunavant Development Co. has reached a deal to buy Bartlett Logistics, a 515,000-square-foot multi-tenant flex portfolio consisting of Bartlett Logistics Park, at 8370-8500 Wolf Lake Blvd., and Stage Hills Industrial Park, 3080-3150 Stage Post Road. Dunavant bought the property from CMLT 2008-LS1 Wolf Lake Drive LLC (LNR Partners).

55. Dunavant Development Buys Bartlett Logistics Portfolio - Thursday, June 21, 2012

Dunavant Development Co. has announced it’s reached a deal to buy Bartlett Logistics, a 515,000-square-foot multi-tenant flex portfolio consisting of Bartlett Logistics Park, at 8370-8500 Wolf Lake Blvd., and Stage Hills Industrial Park, 3080-3150 Stage Post Road.

56. Pair of Nursing Homes Financed for $22 Million - Friday, June 15, 2012

Quince Property Co. LLC has filed a $12 million loan through Lancaster Pollard Mortgage Co. for a Quince Road nursing home, while related entity Allenbrooke Property Co. LLC filed a $10 million loan through Lancaster Pollard for an Allenbrooke Cove nursing home. The New York-based entities bought the pair of properties last year for a combined $17 million, financing them at the time for $17 million.

57. 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

58. Gill Presses on Despite Enduring 4th Recession - Monday, June 11, 2012

Ray Gill, president of Gill Properties, got into commercial real estate because of his interest in land but now wishes he’d spent some time reading palms and tarot cards.

59. NY-Based Retail Owner Defaults on $25.6M Loan - Friday, June 08, 2012

Four retail properties across six parcels in Collierville and Cordova owned by affiliates of New York-based Nightingale Properties are in default and facing foreclosure.

A first-run foreclosure notice has been filed for three retail properties in Collierville and one in Cordova after borrowers defaulted on a $25.6 million loan secured by the properties. The properties are scheduled for sale Friday, June 29, at noon by substitute trustee Robert F. Tom.

60. 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:

61. Dog Park at Heart of Overton Park Changes - Friday, June 01, 2012

Overton Park Conservancy leaders formally open a dog park Saturday, June 2, with a corporate sponsor paying for the undertaking, a new executive director on the job for about a month and plenty of maintenance work under way in other parts of the Midtown park.

62. Commercial Advisors Grows CRE Portfolio - Thursday, May 31, 2012

Cushman & Wakefield/Commercial Advisors Asset Services LLC is on a roll, picking up various leasing and management assignments that have brought its office and industrial involvement to 17.8 million square feet.

63. FDIC Signs Lease In Lakecrest - Friday, May 25, 2012

Federal Deposit Insurance Corp. has inked a substantial lease in Lakecrest III, marking the market’s largest office lease signing this year.

64. 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.

65. Essex Signs Two Leases For Discount Store Locales - Friday, May 11, 2012

A Nashville-based discount retailer has entered the Memphis market in full force, inking two leases totaling 77,301 square feet.

Essex Bargain Hunt has leased 35,767 square feet at 590 N. Germantown Parkway and 41,534 square feet at 5124 Summer Ave. Kemp Conrad and Neely Mallory IV of Cushman & Wakefield/Commercial Advisors LLC represented the tenant in both transactions.

66. Poag, N.Y. Investor Buy The Avenue - Friday, May 11, 2012

The Avenue Collierville – the largest lifestyle center in the Memphis metropolitan area at Houston Levee Road and Bill Morris Parkway – has been bought by an affiliate of Memphis-based Poag Lifestyle Centers.

67. Poag, N.Y. Investor Buy The Avenue - Thursday, May 10, 2012

The Avenue Collierville – the largest lifestyle center in the Memphis metropolitan area at Houston Levee Road and Bill Morris Parkway – has been bought by an affiliate of Memphis-based Poag Lifestyle Centers.

68. City Moves Forward With 25-Square Blight Strategy - Wednesday, May 09, 2012

The city started a pilot program last year to clean up blight by utilizing a 25-square-block strategy.

Due to the program’s success, the 25-square strategy is being implemented as the strategy for neighborhood improvement going forward. The program entails crews working in predetermined “target zones” to mitigate grass and weed overgrowth, abandoned and dilapidated houses, litter and debris, impassable sidewalks, congested alleys, potholes and vacant lots.

69. New Owner For Bartlett Car Wash Property - Friday, May 04, 2012

A former car wash site in Bartlett has traded hands. Nyan Jaf acquired the 0.71-acre lot at 5960 Summer Ave. from Mr. Carwash LLC for $65,000.

70. Office Opportunities - Thursday, May 03, 2012

Memphis’ office real estate landscape is changing, and for three firms, those changes are creating opportunities.

Orlando, Fla.-based Parkway Properties Inc. in March completed the sale of its interest in Renaissance Center – a 190,000-square-foot office building at 1715 Aaron Brenner Drive in the Poplar Avenue corridor – to partner Parkway Properties Office Fund LP.

71. 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

72. Pera, Lightman, Rainer V Take Top Pinnacle Awards - Thursday, April 26, 2012

The Memphis Area Association of Realtors Commercial Council honored the top performers in commercial real estate for 2011 at the 11th annual Pinnacle Awards gala, held Tuesday, April 24, at the Holiday Inn University of Memphis.

73. 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.

74. Hertz Closes On Memphis CRE Portfolio - Wednesday, April 04, 2012

Hertz Investment Group LLC has completed its acquisition of five Memphis office buildings, marking the firm’s return to the Bluff City and focus shift to secondary and tertiary markets.

75. Crye-Leike Sells Properties, Land At Feb. Auction - Friday, March 30, 2012

Multiple properties in the Memphis area have traded hands as a result of an auction held by Crye-Leike Auction Services in February.

Kays Nawaf Employee Pension Plan sold three flex warehouse buildings at 4652 Damascus Road, 4660 Damascus Road and 4668 Damascus Road, ranging from 7,450 square feet to 10,160 square feet. There was a published minimum bid of $83,000 each.

76. Monroe Ave. Bldg. Sells For $3.3M - Friday, March 23, 2012

A fully leased Downtown office building has traded hands for more than twice its assessed value.

309 Monroe Property LLC purchased the 22,792-square-foot property at 309 Monroe Ave. for $3.3 million. The Shelby County Assessor of Property’s 2011 appraisal was $1.5 million.

77. Former Cleo Site Sells For $2.6M - Friday, March 16, 2012

A Memphis-based buyer has bought more than 1 million square feet formerly occupied by Cleo Inc. gift-wrapping company in Airport Industrial Park Section A for less than two-thirds of the listing price.

78. Parkway Completes Sale of Renaissance Center - Tuesday, March 13, 2012

Parkway Properties Inc. has completed the sale of its interest in Renaissance Center – a 190,000-square-foot, Class A office building at 1715 Aaron Brenner Drive in the Poplar Avenue corridor – to partner Parkway Properties Office Fund LP.

79. Sullivan Inks Lease For Toyota Ctr. - Wednesday, February 29, 2012

Sullivan Branding has finalized its lease in the Toyota Center, where it will move about two-thirds of its workforce by the end of the week.

About 40 of Sullivan Branding’s 65 Memphis employees will relocate from 400 Union Ave. to occupy approximately half of the sixth floor of the 175,000-square-foot, eight-story Downtown office building at 175 Toyota Center, near the intersection of Third and Union.

80. Sullivan Branding Inks Toyota Center Deal - Tuesday, February 28, 2012

Sullivan Branding has finalized its lease in the Toyota Center, where it will move about two-thirds of its workforce by the end of the week.

About 40 of Sullivan Branding’s 65 Memphis employees will relocate from 400 Union Ave. to occupy approximately half of the sixth floor of the 175,000-square-foot, eight-story Downtown office building at 175 Toyota Center, near the intersection of Third and Union.

81. Downtown Mixed-Use Bldg. Sells for $1.5M in Foreclosure - Tuesday, February 28, 2012

92-96 S. Main St.
Memphis, TN 38103

Sale Amount: $1.5 million

Sale Date: Feb. 10, 2012

82. LRK Consolidates Ofcs. in Toyota Center - Monday, February 27, 2012

Looney Ricks Kiss is consolidating its Memphis office space on the fifth floor of Toyota Center Downtown.

The firm has been in the building since 2000 after completing a renovation of the entire building along with AutoZone Park.

83. Privatization Thoughts Highlight Changes - Monday, February 27, 2012

Here’s a roundup of what some of the city’s banks and bankers, investment professionals, mortgage brokers, asset management firms and other financial services shops have been up to in recent weeks.

84. ‘Washington Courtyard’ Sells For $900K - Friday, February 24, 2012

A trio of office buildings at Washington Avenue and Danny Thomas Boulevard has traded hands for $900,000.

Investment group 301 WA LTD LLC of Arizona purchased the assets from Gregory Realty GP. Brian Califf of NAI Saig Co. represented the seller.

85. Eating In - Monday, February 20, 2012

Before a restaurateur nails down a concept, builds a menu or begins the financing process, solidifying a location reigns supreme.

The rule of thumb is especially prominent within Downtown Memphis, where many eateries are tucked away into office buildings and operate within hours that capitalize on daytime traffic and repeat business.

86. Belmont Village Senior Living Sells for $16.9 Million - Tuesday, February 14, 2012

6605 Quail Hollow Road
Memphis, TN 38120

Sale Amount: $16.9 million

Sale Date: Jan. 26, 2012

87. Former Mazda Warehouse Sells for $13.5M - Friday, February 10, 2012

The former Mazda North America Inc. distribution center in DeSoto County has been acquired by Hillwood Investment Properties for $13.5 million.

88. Parkway Properties Reports Net Loss of $137 Million - Wednesday, February 08, 2012

Parkway Properties Inc. reported a net loss of $137 million for the year ended Dec. 31, compared to a net loss of $8.9 million for the year prior, as the company works to realign its investment strategy by exiting noncore markets, including Memphis.

89. Belmont Village Sells for $16.9 Million - Tuesday, February 07, 2012

Belmont Village-Memphis, a senior living community at 6605 Quail Hollow Road, has sold for $16.9 million to an Ohio-based real estate investment trust.

90. 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.

91. Memphis Company Inks Major Miami Lease - Tuesday, February 07, 2012

Memphis-based commercial real estate firm SMPO Properties Inc. has executed a lease with The Miami Herald Media Co. for the former U.S. Southern Command Headquarters building in Doral, Fla.

92. 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.

93. Christian Bros. Automotive Finances SE Shelby Garage - Friday, February 03, 2012

Houston-based Christian Brothers Automotive Corp. has filed a $7.5 million trust deed through Wells Fargo Bank NA secured by properties in multiple states, including an auto service garage at 7446 Sonic Drive in southeast Shelby County.

94. Tried and True - Thursday, February 02, 2012

For 100 years, Palmer Brothers Inc. has operated in a conservative manner with repeat business from clients that share the same philosophy.

95. Real Estate Pros Figuring Out New Reality - Monday, January 30, 2012

The real estate market isn’t projected to get back to the pre-bubble bursting days of 2007 anytime soon.

It’s part of the new reality that agents across the board are coping with, and it was the heart of the discussion Thursday, Jan. 26, when real estate information company Chandler Reports hosted its “Master Your Market: 4th Quarter 2011 Update.”

96. Crye-Leike Commercial to Auction Memphis Sites - Thursday, January 26, 2012

Crye-Leike Commercial Auction Services will conduct an auction for multiple properties in the Memphis area Feb. 23 at noon at Crye-Leike’s headquarters, 6525 Quail Hollow Road.

97. REIT Pays $30M for 2 Nursing Homes - Thursday, January 19, 2012

Affiliates of a Grubb & Ellis healthcare real estate investment trust have bought nursing homes in Memphis and Millington for a combined $29.9 million.

G&E HC REIT II Memphis SNF LLC bought Parkway Health & Rehab Center at 200 South Parkway W. from Tennessee Property Associates LP for $15.9 million, and G&E HC REIT II Millington SNF LLC bought Millington Healthcare Center at 5081 Easley St. in Millington from West Point Road Associates LP for $14 million.

98. Multiple Reasons Behind Drop in Foreclosures - Thursday, January 19, 2012

This time last year, Corky Neale was forecasting that the Memphis area had already hit its peak – for the time being – when it comes to foreclosure activity.

A look at the numbers for 2011 shows Neale, research director of the RISE (Responsibility, Initiative, Solutions, Empowerment) Foundation, was pretty much on target.

99. Tennessee St. Office Bldg. Again in Foreclosure - Tuesday, January 10, 2012

460 Tennessee St.
Memphis, TN 38103

Sale Amount: $3 million

Sale Date: Dec. 1, 2011

100. Parkway Sells Most of Local CRE Portfolio - Monday, January 09, 2012

Parkway Properties Inc. has sold the majority of its Memphis portfolio, totaling 672,247 square feet, to Hertz Investment Group LLC.