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Editorial Results (free)

1. Is State’s Role to Provide a Service or Turn a Profit? -

Tennessee Gov. Bill Haslam appears to be on the brink of privatizing state government. But he won’t be able to do it without a battle, especially from university unions and Democratic lawmakers.

2. Memphis College of Art Set to Exit Downtown Memphis -

The Memphis College of Art appears set to move its graduate programs away from Downtown and back to its Overton Park campus.

The college’s graduate art education and master’s programs are currently housed in the Nesin Graduate School at 477 S. Main St. College president Ron Jones said that as a result of a “large-scale institutional review” over the past year that included the graduate programs, the college became convinced the graduate student experience would “vastly improve” by shifting things back to the main campus.

3. Ballet Memphis Closes On French Quarter Suites Purchase -

2144 Madison Ave.
Memphis, TN 38104

Sale Amount: $4.2 million

Sale Date: Aug. 6, 2015

4. Onyx Equities Expands Operations to Memphis -

A New Jersey-based real estate investment, management and development firm has added a Memphis office to accommodate its growing management portfolio of real estate owned (REO) and receivership properties.

5. Memphis Search Marketing Firm Nabs Spot on Inc. 500 -

Search marketing firm HigherVisibility LLC was the highest-ranked Memphis company on the annual Inc. 5000 list, which ranks the nation’s fastest growing companies.

6. Loeb Properties Buys Shops of Chickasaw Gardens -

Loeb Properties has purchased the three commercial real estate parcels that compose the Shops of Chickasaw Gardens along Poplar Avenue for $3 million.

Memphis-based Loeb, working as Loeb Bros. Realty LP, bought the property from 3181 Poplar Avenue Holdings LLC, an affiliate of CWCapital Asset Management LLC, according to an Aug. 5 special warranty deed.

7. Onyx Equities Expands Operations to Memphis -

A New Jersey-based real estate investment, management and development firm has added a Memphis office to accommodate its growing management portfolio of real estate owned (REO) and receivership properties.

8. Memphis Firm HigherVisibility Nabs Spot on Inc. 5000 -

Search marketing firm HigherVisibility LLC was the highest-ranked Memphis company on the annual Inc. 5000 list, which ranks the nation’s fastest growing companies.

9. Loeb Properties Buys Shops of Chickasaw Gardens -

Loeb Properties has purchased the three commercial real estate parcels that compose the Shops of Chickasaw Gardens along Poplar Avenue for $3 million.

Memphis-based Loeb, working as Loeb Bros. Realty LP, bought the property from 3181 Poplar Avenue Holdings LLC, an affiliate of CWCapital Asset Management LLC, according to an Aug. 5 special warranty deed.

10. Vertical Living in Crosstown -

The 1.1 million-square-foot Sears & Roebuck regional distribution center, which has laid abandoned in the Crosstown neighborhood for more than 10 years, is getting a new lease on life as the highly-anticipated Crosstown Concourse project.

11. Simmons Joins Cushman & Wakefield/Commercial Advisors -

Mary Leesa Simmons has joined Cushman & Wakefield/Commercial Advisors as vice president – senior asset manager. In her new role, Simmons provides all aspects of property management duties for the firm’s clients.
This includes financial administration, budgeting, reporting, lease administration, contract administration, tenant, client and vendor administration, capital improvements and property inspections.

12. Sutton Joins Dixon Hughes Goodman -

Giles Sutton recently joined Dixon Hughes Goodman LLP as a partner in the firm’s tax practice, where he will focus on issues pertaining to state and local tax.
Sutton, an established attorney and certified public accountant, brings more than 25 years of business tax experience, with a focus on state and local tax issues within the food and beverage, health care, transportation and energy industries.

13. Commercial Advisors Asset Services Sees Strong Growth -

Kemp Conrad joined the asset services team at Cushman & Wakefield/Commercial Advisors in 2007 after CB Richard Ellis acquired his former employer, Trammel Crow Co.

14. Comfy Camping -

The way Andy Cates explains it, camping out hasn’t changed a lot in about half a century.

And while “roughing it” appeals to many of those in search of outdoors experiences, for others – sometimes in the same family – it doesn’t or it isn’t possible.

15. Crosstown Crossroads -

Richard Spore and his colleague at the Memphis office of the Bass Berry & Sims law firm have worked on several ambitious, game-changing projects like the transformation of Overton Square and Bass Pro Shops’ redevelopment of The Pyramid.

16. Crosstown Developers File $80.5 Million Loan -

The Crosstown development team has secured an $80.5 million loan on the property.

Crosstown Building Owner LLC filed the loan with SunTrust Bank, according to a Dec. 30 deed of trust. McLean Wilson, the Crosstown development team’s co-leader, signed the trust deed.

17. Tanger Outlets Confirms Southaven Involvement -

Tanger Factory Outlet Centers Inc. has confirmed what The Daily News first reported in December: It will play a key role in the development of a massive outlet mall in Southaven.

18. The Preserve at Southwind Sells for $28 Million -

7991 Capilano Drive
Memphis, TN 38125
Sale Amount: $28 million

Sale Date: Dec. 22, 2014
Buyer: Southwind Apartments LP
Seller: G&I VII Preserve at Southwind Apartments LP
Loan Amount: $18 million
Loan Date: Dec. 18, 2014
Maturity Date: Oct. 31, 2020
Lender: Jackson National Life Insurance Co.
Details: A team that includes Memphis-based Foegelman Venture Partners has sold The Preserve at Southwind apartment community for $28 million.

19. Crosstown Developers File $80.5 Million Loan -

The Crosstown development team has secured an $80.5 million loan on the property.

Crosstown Building Owner LLC filed the loan with SunTrust Bank, according to a Dec. 30 deed of trust. McLean Wilson, the Crosstown development team’s co-leader, signed the trust deed.

20. Crosstown Developers File $80.5 Million Loan -

The Crosstown development team has secured an $80.5 million loan on the property.

Crosstown Building Owner LLC filed the loan with SunTrust Bank, according to a Dec. 30 deed of trust. McLean Wilson, the Crosstown development team’s co-leader, signed the trust deed.

21. Bass Pro Shops Preparing to Build Bowling Alley -

1 A.W. Willis Ave.
Memphis, TN 38103
Permit Amount: $600,000

Application Date: November 2014
Completion: May 2015
Owner: Bass Pro Shops
Tenant: Bass Pro Shops
Architect: OT Marshall Architects
Details: Bass Pro Shops is preparing to install a bowling alley inside The Pyramid.

22. East Memphis Hotel Sells for $12.9 Million -

An East Memphis hotel near Saint Francis Hospital has sold for $12.9 million.

BRE Amerisuites Properties LLC sold the Hyatt Place hotel at 1220 Primacy Parkway to SREF3 AH Chicago LLC, according to a Nov. 19 warranty deed.

23. East Memphis Hotel Sells for $12.9 Million -

An East Memphis hotel near Saint Francis Hospital has sold for $12.9 million.

BRE Amerisuites Properties LLC sold the Hyatt Place hotel at 1220 Primacy Parkway to SREF3 AH Chicago LLC, according to a Nov. 19 warranty deed.

24. Loeb Buys Office Complex in Heart of East Memphis -

Loeb Properties has acquired an office complex in the heart of East Memphis, the company’s first major acquisition since it bought Overton Square in July 2012.

Memphis-based Loeb Properties purchased Executive Square, a 40-suite professional office complex at Poplar Avenue and Yates Road in East Memphis, from F. William Hackmeyer for $3.85 million.

25. CCRFC Considers Conservation Bonds for Crosstown -

The Sears Crosstown redevelopment project could get an infusion of funds for energy conservation efforts.

The Center City Revenue Finance Corp., the financial arm of the Downtown Memphis Commission, is considering issuing $14.5 million in Qualified Energy Conservation Bonds for the $180 million Crosstown project for energy conservation efforts.

26. Council Votes Down Elvis Presley Boulevard Car Lot -

The Memphis City Council voted down Tuesday, Nov. 4, the move of a used car lot on land owned by Graceland to a lot further north on Elvis Presley Boulevard near the new 450-room resort style hotel Elvis Presley Enterprises is building.

27. Local Golf Courses Change Hands, Undergo Improvements -

Mirimichi is a Native American word that means “place of happy retreat.”

Now that global entertainment icon Justin Timberlake and his family have sold their happy local retreat, Mirimichi Golf Course, to a local group for $500,000, the new owners have an opportunity to increase the number of holes and tournaments played at the course, which underwent a massive $16 million renovation.

28. CWCapital Sheds Willow Lake Buildings -

3900, 4100 Willow Lake Blvd.
Memphis, TN 38118
Sale Amount: $1.9 million

29. Willow Lake Building Sold for $1.9 million -

Another building inside Willow Lake Business Park and Corporate Park in Hickory Hill has been sold for $1.9 million.

Willow Lake Business Park LLC acquired 3592 Willow Lake Blvd. from 198-6 Memphis Industrial Portfolio Holdings LLC, which is affiliated with Bethesda, Md.-based special servicer CWCapital Asset Management, according to an Oct. 13 warranty deed.

30. Two Willow Lake Buildings Sold for $1.9 Million -

Two buildings inside Willow Lake Business Park and Corporate Park in Hickory Hill have been sold for $1.9 million.

Eagle Capital LLC acquired 3900 Willow Lake Blvd. and 4100 Willow Lake Blvd. from 198-6 Memphis Industrial Portfolio Holdings LLC, which is affiliated with Bethesda, Md.-based special servicer CWCapital Asset Management LLC, according to an Oct. 13 warranty deed.

31. The Horizon Sells to Mississippi Developer for $13.5 Million -

A Mississippi-based developer has acquired the uncompleted Horizon condominium tower overlooking the Mississippi River in Downtown.

Dawn Properties Inc. of Hattiesburg, which is primarily involved in the acquisition, development and management of multifamily properties, has purchased the 16-story, 155-unit tower for $13.5 million and plans on completing the luxury condominiums.

32. Indmar Marine Engines Files Expansion Permit -

5400 Old Millington Road
Unincorporated Shelby County
Permit Cost: $2 million

33. Germantown Plaza Sells for $925,000 -

The 14,400-square-foot Germantown Plaza strip retail center at 3695 Riverdale Road in Hickory Hill has sold for the second time in about five months.

34. Springing to Life -

When Ridgeland, Miss.-based development firm the Bryan Co. broke ground on The Horizon condominium tower in 2007, it was at the peak of the housing bubble and optimism from elected officials and Downtown boosters was equally high.

35. Carlisle Corp. Buys Sharky’s Property -

6201 Poplar Ave.
Memphis, TN 38119
Sale Amount: $2.9 million

Sale Date: July 29, 2014
Buyer: Wendelta Property Holdings LLC
Seller: Aaron Muschel
Details: An affiliate of Carlisle Corp. has paid $2.9 million for the recently closed Sharky’s Gulf Grill at 6201 Poplar Ave.

36. Polo Shops Retail Center Sells for $2.6 Million -

The Polo Shops retail center at 7444 Winchester Road and 7464 Winchester Road in Southeast Memphis has sold for $2.6 million.

37. Centennial Crossing Parcels Sell for $3.4 Million -

Two parcels in the Centennial Crossing shopping center in Southeast Shelby County have sold for $3.4 million following foreclosure.

An entity called 7915 Winchester Road Holdings LLC, which is an affiliate of CWCapital Asset Management LLC, bought 7915 Winchester Road and an outparcel of the center in a July 25 substitute trustee’s deed from R. Spencer Clift III of Baker, Donelson, Bearman, Caldwell & Berkowitz PC.

38. Critical Decisions -

For the team behind the pending redevelopment of the massive Sears Crosstown property to reach its goal of maximizing the participation of women- and minority-owned businesses, it needed to make a crucial decision early in the planning process.

39. Poplar Plaza to Undergo Renovation -

The venerable Poplar Plaza shopping center at Poplar Avenue and Highland Street near the University of Memphis is slated to undergo a second facelift.

Finard Properties LLC is expected to soon launch extensive exterior improvements to the massive retail center at Poplar and Highland, starting with a fresh coat of paint.

40. Hollingsworth Buys Mississippi Industrial Property -

The Hollingsworth Cos., which operates a prominent industrial development company with holdings across the South, has acquired an industrial building in Senatobia, Miss.

Clinton, Tenn.-based Hollingsworth recently acquired the 198,450-square-foot building at 795 Shands Bottom Road in Senatobia from BMW.

41. ‘A Step Closer’ -

The general contractor for the Crosstown redevelopment project recently applied for three building permits totaling $115.3 million as the development team approaches a key period for financing the ambitious project.

42. Shops of Wolflake Sells for $3.8 Million -

2965 N. Germantown Road
Bartlett, TN 38133
Sale Amount: $3.8 million

Sale Date: May 20, 2014
Buyer: Bartlett Interests LLC
Seller: Pref Wolflake Partners GP
Details: The Shops of Wolflake retail strip center at 2965 N. Germantown Road in Bartlett has sold for $3.8 million.

43. Poplar Avenue Portfolio Sells After Foreclosure -

The three commercial real estate parcels that compose the Shops of Chickasaw Gardens along Poplar Avenue have sold for a combined $3.8 million following a foreclosure.

The mixed-use portfolio sold in a May 30 substitute trustee’s deed with 3181 Poplar Avenue Holdings LLC – an affiliate of special servicer CWCapital Asset Management – buying the properties from substitute trustee Robert F. Tom of Baker, Donelson, Bearman, Caldwell & Berkowitz PC.

44. Life Church Buys Victory Campus for $4.4 Million -

255 N. Highland St.
Memphis, TN 38111
Sale Amount: $4.4 million

Sale Date: May 2, 2014
Buyer: The Life Church of Memphis Inc.
Seller: SignificantPsychology LLC
Loan Amount: $3.8 million
Loan Date: May 2, 2014
Maturity Date: May 5, 2019
Lender: Triumph Bank
Details: The Life Church of Memphis has paid $4.4 million for the former Victory University campus at 255 N. Highland St.

45. Germantown Plaza Sells Following Foreclosure -

The 14,400-square-foot Germantown Plaza strip retail center at 3695 Riverdale Road in Hickory Hill has sold for $1.1 million following a foreclosure.

46. Owner Files Loan on Fairway Townhomes -

The Utah-based owner of the 59-unit Fairway Townhomes and Apartments at 5150 Tulane Road has filed a $2.2 million loan on the property.

47. AP Survey: China's Lending Bubble a Global Threat -

WASHINGTON (AP) — Just as the global economy has all but recovered from debt-fueled crises in the United States and Europe, economists have a new worry: China. They see a lending bubble there that threatens global growth unless Beijing defuses it.

48. Industrial Portfolio Sells for $43 Million -

4550 Swinnea Road6005 Freeport Ave., 3399 E. Raines Road
Memphis, TN
Sale Amounts: $10.1 million; $14.8 million; $18 million

49. Industrial Portfolio Sells for $43 Million -

Affiliates of Plymouth Meeting, Pa.-based Exeter Property Group have paid a combined $42.9 million for a Memphis industrial portfolio.

The companies, in three separate special warranty deeds, bought the Memphis International Distribution Center at 4550 Swinnea Road in Oakhaven for $10.1 million, the warehouse at 6005 Freeport Avenue for $14.8 million and the warehouse at 3399 E. Raines Road for $18 million.

50. Collier Village Apartments Sell for $4.4 Million -

The 100-unit Collier Village Apartments at 365 Center St. in Collierville has sold for $4.4 million.

Collier Village Apartments Utah LLC – an affiliate of Salt Lake City-based Property Asset Management Inc. – bought the townhouse-style multifamily complex in a Feb. 26 special warranty deed from Collier Village Associates LLC.

51. Midtown Apartment Building Sells for $840,000 -

199 S. McLean Blvd.
Memphis, TN 38104
Sale Amount: $840,000

Sale Date: Feb. 21, 2014
Buyer: Zaki Holdings LLC
Seller: Colonial House LP
Loan Amount: $140,000
Loan Date: Feb. 21, 2014
Maturity Date: Sept. 1, 2015
Lender: Colonial House LP
Details: The 20-unit multifamily building at 199 S. McLean Blvd. in Midtown has sold for $840,000.

52. Hickory Hills Owner Files $3.3 Million Loan -

The owner of the 96-unit Hickory Hills apartment complex at 3481 Graceland Drive and 3491 Graceland Drive in Whitehaven has filed a $3.3 million loan on the property.

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

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

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

The Polo Shops retail center on Winchester Road in Southeast Memphis has sold for $3.1 million following a foreclosure.

An entity called TOP11 - 7444 Winchester RD LLC bought the property, whose addresses are 7444 Winchester Road and 7464 Winchester Road, in a Feb. 19 substitute trustee’s deed from R. Spencer Clift III of Baker, Donelson, Bearman, Caldwell & Berkowitz PC.

55. Ellis Joins State Systems As Sales Executive -

Alisa Ellis has joined State Systems Inc. as a low voltage sales executive. She brings 16 years of telecommunications experience to the company, which offers protection products and services, including fire protection equipment, training and cleaning services, as well as technology services such as network integration, cabling systems and wireless support.

56. Orpheum Files Permit For Performing Arts Center -

225 S. Main St.
Memphis, TN 38103

Permit Cost: $10.2 million

Project Cost: $14.5 million

57. Industrial Portfolio Sells for $17 Million -

An affiliate of Boston-based Taurus Investment Holdings LLC has paid close to $17 million for a 650,000-square-foot industrial portfolio on South Mendenhall Road in Hickory Hill.

58. Belz Launches Brand Management Venture -

Belz Enterprises has established a new venture, Peabody Hotels & Resorts, that moves the company into asset and brand management within the luxury hotel space.

The transition has been in the works for a few years, and through it, the new venture will begin researching and evaluating properties that could become Peabody-branded hotels.

59. Crosstown Construction Bidding Process Underway -

Construction documents for the ambitious Sears Crosstown redevelopment project have hit the street.

Memphis-based Grinder, Taber & Grinder Inc. is serving as the general contractor for the $180 million project, and bids for subcontracting work on everything from electrical systems to plumbing went out this week.

60. Methodist Pays $22.5 Million for Germantown Facility -

7945 Wolf River Blvd.
Germantown, TN 38138
Sale Amount: $22.5 million

61. Crosstown Effort Shines as Development Example -

Construction documents for the $180 million revitalization of the Crosstown building were scheduled to be finished Friday, Dec. 6, with the project moving toward closing and construction in the next months.

62. Countryside Apartments Owner Files $5 Million Loan -

The owner of the 152-unit Countryside North Apartments at 6920 Reese Road in Northeast Memphis has filed a $5 million loan on the property.

63. Crosstown Funding Mix of Local, State and Federal -

The $15 million in funding Memphis Mayor A C Wharton Jr.’s administration put together as the last piece of financing for the Sears Crosstown building redevelopment is not just a combination of state and federal grant money.

64. Elvis’ Intellectual Property Rights Sold -

Authentic Brands Group, a New York City intellectual property corporation, has bought Elvis Presley’s intellectual property and the right to operate Graceland from CORE Media Group, becoming the latest of four companies to own a majority share in the intellectual property assets of the late Memphis entertainer.

65. Square Roots -

Breakaway Running owner Barry Roberson was blown away by the crowds who visited his new Overton Square store, which opened Oct. 30.

66. Community Main Focus of Conrad’s Goals -

Since Kemp Conrad, principal with Cushman & Wakefield/Commercial Advisors LLC, took the position as president of Commercial Advisors’ asset services – a leading third-party provider of leasing, property management and project management services – revenues have increased by 215 percent.

67. Community Improvement at Heart of Conrad’s Goals -

Since Kemp Conrad, principal with Cushman & Wakefield/Commercial Advisors LLC, took the position as president of Commercial Advisors’ asset services – a leading third-party provider of leasing, property management and project management services – revenues have increased by 215 percent.

68. Bass Pro Shops Files $40 Million Permit -

1 A.W. Willis Ave.
Memphis, TN 38103
Permit Cost: $40 million

Project Cost: $150 million

Permit Date: Applied September 2013

Completion: 2014

Owner: City of Memphis

69. Dallas Company Buys Cordova Storage Facility -

The Cordova Stor-N-Lock at 1570 Bonnie Lane has sold for $2.1 million for the second time in four months after facing foreclosure.

70. Colliers Continues Role as Major Commercial Real Estate Player -

Wilkinson & Snowden Inc. helped lead the industrial warehouse revolution in Memphis at a prescient time.

71. Sharp Wears Many Hats at CBRE Memphis -

CB Richard Ellis Memphis’ Mary Sharp never has a dull day as the chief operating officer and head of the company’s Asset Services division.

72. Jamesbridge Apartments Sell for $3.6 Million -

3689 James Road Memphis, TN 38128

Sale Amount: $3.6 million

Sale Date: June 6, 2013

73. Shadowbrook Townhouses Owner Files $9.5 Million Loan -

The owner of the 366-unit Shadowbrook Townhouses at 3946 Lamar Ave. in Oakhaven has filed a $9.3 million loan on the property.

74. Jamesbridge Apartments Sell for $3.6 Million -

A California company has bought the 432-unit Jamesbridge Apartments at 3689 James Road in Raleigh for $3.6 million.

75. Cordova Stor-N-Lock Sells for $2.1 Million -

The Cordova Stor-N-Lock at 1570 Bonnie Lane has sold for $2.1 million following a foreclosure.

Special servicer C-III Asset Management LLC of Irving, Texas, bought the 54,199-square-foot property in an April 26 substitute trustee’s deed from R. Spencer Clift of Baker, Donelson, Bearman, Caldwell & Berkowitz PC, acting on behalf of the lender.

76. 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

77. Landings Apartment Owner Files $8.7 Million Loan -

The owner of the 292-unit Landings apartments at 3550 Brownbark Drive in Hickory Hill has filed an $8.7 million loan on the property.

78. Harold Ford Sr. Buys Sycamore View Property -

1670 Sycamore View Road Memphis, TN 38134

Sale Amount: $1.8 million

Sale Date: April 8, 2013

79. Cordova Ridge Shops Sells for $1.8 Million -

An affiliate of Norcross, Ga.-based Safeway Group Inc. has paid $1.8 million for Cordova Ridge Shops, a retail shopping center at 1204 Houston Levee Road in unincorporated Cordova.

80. Canterbury Woods Owner Files Loan on Property -

The owner of the 400-unit Canterbury Woods apartments at 6520 Macon Road has filed a $9.8 million loan on the property.

81. Exeter Assigns Portfolio to Commercial Advisors -

Pennsylvania-based Exeter Property Group has awarded the facilities management assignment of its newly acquired, 2.5 million-square-foot industrial portfolio to Cushman & Wakefield/Commercial Advisors Asset Services LLC. The four buildings were acquired from DCT Industrial.

82. Exeter Assigns Portfolio to Commercial Advisors -

Pennsylvania-based Exeter Property Group has awarded the facilities management assignment of its newly acquired, 2.5 million-square-foot industrial portfolio to Cushman & Wakefield/Commercial Advisors Asset Services LLC. The four buildings were acquired from DCT Industrial.

83. Freeport, Raines Warehouses Sell for $19.4 Million -

Industrial properties at 6005 Freeport Avenue and 3399 E. Raines Road have sold for a combined $19.4 million in lieu of foreclosure.

84. Swinnea Warehouse Sold in Lieu of Foreclosure -

4550 Swinnea Road, Memphis, TN 38118

Sale Amount: $4.2 million
Sale Date: March 7, 2013
Buyer: JPMCC 2007-LDP10 – 4550 SWINNEA RD LLC
Seller: Industrial Memphis International Owner LLC
Details: The Memphis International Distribution Center at 4550 Swinnea Road in Oakhaven has sold for $4.2 million in lieu of foreclosure.

85. 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.

86. Boyle Celebrates 80 Years, Sponsors Art Exhibit -

Boyle Investment Co. turns 80 this year, and has partnered with the Memphis Brooks Museum of Art to celebrate.

87. 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.

88. Swinnea Warehouse Sold in Lieu of Foreclosure -

The Memphis International Distribution Center at 4550 Swinnea Road in Oakhaven has sold for $4.2 million in lieu of foreclosure.

89. TJX Leases Up Chickasaw Building D -

The TJX Cos. Inc. has inked a substantial deal in Southeast Memphis, representing the largest industrial lease so far in 2013.

90. California Company Buys Former Quebecor Facility -

828 E. Holmes Road Memphis, TN 38116

Sale Amount: $2.7 million

Sale Date: Feb. 15, 2013

91. Tenants in Common Buy Southern Avenue Apartments -

Three tenants in commons have paid $2.4 million for three apartment complexes on Southern Avenue in the University of Memphis’ 38111 ZIP code.

The three tenants are Gideon D. Zook and Mary A. Cook; Campus Property Management LLC; and Summit Asset Mgt. LLC, whose percentage of ownership varies with each parcel.

92. U of M Files Permit for New Residence -

3615 Central Ave. Memphis, TN 38111

Permit Cost: $43.5 million

Project Cost: $53 million

93. Jamesbridge Apartments Sells for $7.2 Million in Foreclosure -

The 432-unit Jamesbridge apartments at 3689 James Road in Raleigh sold to a special servicer for $7.2 million after a foreclosure.

94. Green Line Marketing Doubles Office -

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.

95. 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.

96. 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.

97. Hillwood Partnership Buys Airways Distribution Center -

Dallas-based Hillwood Investment Properties, in a partnership with Toronto-based Brookfield Asset Management Inc. and the Hillwood-Brookfield Industrial Partners fund, acquired the 556,000-square-foot Airways Distribution Center Building D in the DeSoto County submarket.

98. BenchMark to Relocate, Restructure -

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.

99. Victory Packaging Relocates to Memphis -

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.

100. Changing Market -

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.