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Editorial Results (free)

1. Midtown Cash Saver Property Sells for $5.3 Million -

1620 Madison Ave.
Memphis TN 38104
Sale Amount: $5.3 million

Sale Date: Oct. 24, 2014
Buyer: LAG Memphis LLC
Seller: Super Market Developers Inc.
Loan Amount: $3.9 million
Loan Date: Oct. 24, 2014
Lender: Ladder Capital Finance LLC
Details: The Cash Saver property on Madison Avenue in Midtown has been sold for $5.3 million.

2. Midtown Cash Saver Property Sells for $5.3 Million -

The Cash Saver store on Madison Avenue in Midtown has sold for $5.3 million.

Super Market Developers Inc., an affiliate of Associated Wholesale Grocers Inc., sold the grocery store at 1620 Madison Ave. to LAG Memphis LLC, which is affiliated with New York-based Ladder Capital Finance LLC, according to an Oct. 24 special warranty deed.

3. Midtown Cash Saver Property Sells for $5.3 Million -

The Cash Saver store on Madison Avenue in Midtown has sold for $5.3 million.

Super Market Developers Inc., an affiliate of Associated Wholesale Grocers Inc., sold the grocery store at 1620 Madison Ave. to LAG Memphis LLC, which is affiliated with New York-based Ladder Capital Finance LLC, according to an Oct. 24 special warranty deed.

4. Midtown Cash Saver Store Sells for $5.3 Million -

The Cash Saver store on Madison Avenue in Midtown has sold for $5.3 million.

Super Market Developers Inc., an affiliate of Associated Wholesale Grocers Inc., sold the grocery store at 1620 Madison Ave. to LAG Memphis LLC, which is affiliated with New York-based Ladder Capital Finance LLC, according to an Oct. 24 special warranty deed.

5. Change of Scenery -

After spending years or decades in their current form, longtime staples of the local real estate scene are about to disappear or undergo major changes that will forever alter the city’s built landscape.

6. CashSaver Trades Hands for $3.2 Million -

The CashSaver in Midtown has traded hands. 

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

7. Johnson Finds Right Spot at Former Mall Site -

Local industrial brokers are well aware of the city’s taxes and its impact on putting together a competitive proposal for a potential user.

But occasionally, developers are able to snatch up property for such a value that helps offset some of those tax issues.

8. Memphis Advantage -

As the industrial market approaches the end of the first quarter, a handful of deals have local brokers encouraged that the city’s bread-and-butter sector is poised for recovery.

Recent notable industrial leasing transactions – all of which occurred in Class A bulk warehouses – include Trane U.S. Inc.’s 625,000-square-foot lease in Chickasaw Distribution Center; Kimberly Clark Corp.’s 556,000-square-foot lease in Airways Distribution Center; and Impact Innovations’ 275,000-square-foot space at Southridge Corporate Park.

9. Games on the Go -

A gaming fan from early on, Xavier Moore’s fate was sealed when his family bought an Atari gaming console.

Now Moore is president of Enigma Games, which develops video games for mobile phones.

10. CBRE Report Shows Pockets of Hope in Retail Sector -

The local retail market hasn’t been immune to the sluggish economy, but Memphis saw a couple of bright spots during the third quarter (July through October), according to the latest data from CB Richard Ellis.

11. Red Rover, Red Rover, Send Cordova Right Over (The Retail Edge) -

TDN: Now that the Cordova/Germantown Parkway area is almost fully developed, what are your thoughts on the area's retail market?

DB: It is still our largest and healthiest trade area. The continued growth exemplifies that with each wave of new retailers that want to come to Memphis, they all must be there. It will be interesting to see how much the continued growth of Collierville as a super-regional trade area will eat away at the Wolfchase [Galleria mall area's customer] base. Wolfchase has owned the east side of the county for a long time.

12. Archived Article: Lead - Vintage Stock Looks in Memphis

New Retail Chain Plans Memphis Stores

Vintage Stock seeks to open five area locations by 2007

LANCE ALLAN

The Daily News

Memphis shoppers looking for items ranging from the latest DVD to a 30-year-old, h...

13. Archived Article: Office Park (lead) - By Andy Meek

Office Complex Adds to Cordova Mix

Project to offer unique option in varied market

ANDY MEEK

The Daily News

Work has begun on a 17-building office park on Cully Road in Cordova, situated across from Harding Academys Macon...

14. Archived Article: Marketplace (pilots) - 2000 showed similar growth for PILOT program 2000 shows steady growth for PILOT programs IDB stays steady; CCFRC fills in with smaller projects By SUE PEASE The Daily News Much of the industrial growth in 2000 mirrored the previous year as far as nu...

15. Archived Article: Gov't (opd) - The makings of a success story are being written in south Memphis Mississippi businessman has plans for South Memphis land By KATHLEEN BURT The Daily News The makings of a success story are being written in South Memphis. For years, several reasons ...

16. Archived Article: 4q Warehouse - The warehouse and industrial construction market is alive and well in Shelby County Industrial growth strong, incentives are concern By KATHLEEN BURT The Daily News The warehouse and industrial construction market is alive and well in Shelby County....

17. Archived Article: Retail Chg - By CAMILLE H Retail trends are more big-box stores, less spec space By CAMILLE H. GAMBLE The Daily News Although Memphis has more retail space per capita than the national average, developers say the market is not overbuilt because of the types of s...

18. Archived Article: Retail Chg - New retail construction New retail construction up from third quarter í95 By CAMILLE H. GAMBLE The Daily News New retail construction was up during the third quarter with more than $13 million in permits filed, compared to third quarter 1995 ...