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Editorial Results (free)

1. Stephens Joins Maintenance Team at Commercial Advisors -

Timothy Stephens has joined Cushman & Wakefield/Commercial Advisors as a maintenance mechanic at One Commerce Square. In his new role, Stephens will performing plumbing, painting and general maintenance services.

2. German Eatery Slated for Overton Square -

Overton Square will be getting an international flavor with the addition of a German-themed restaurant in the space formerly occupied by Paulette’s.

Chef David Scott Walker has signed a lease to open Schweinehaus, a restaurant that will feature servers decked out in traditional Germanic dress and communal, handmade wood tables found in many German beer halls, at 2110 Madison Ave.

3. New Jersey Firm Buys Pendleton Place Apartments -

1780 Pendleton St.
Memphis, TN 38114
Sale Amount: $3.1 million

Sale Date: Sept. 11, 2013
Buyer: Pendleton Apartments LLC
Seller: Pendleton Investors LLC
Details: An affiliate of Teaneck, N.J.-based The Aspen Cos. has paid $3.1 million for the Pendleton Place Apartments at 1780 Pendleton St. in the Defense Depot area.

4. Bartlett Warehouse Sells for $1.7 Million -

The warehouse at 7470 Bartlett Corporate Cove W. in Bartlett has sold for $1.7 million to an entity related to the seller.

5. Strain Elected Shareholder at Baker Donelson -

Jason Strain, a shareholder with Baker, Donelson, Bearman, Caldwell & Berkowitz PC, grew up with the idea of the legal profession being a “good and interesting job.”

6. 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

7. Brothers to Open Brewery on Broad -

A new craft brewery is coming to one of Memphis’ up-and-coming areas – the Broad Avenue Historic District.

Wiseacre Brewing Co., a concept from brothers Kellan Bartosch and Davin Bartosch, has leased 13,000 square feet at 2783 Broad Ave. and is planning to open by late 2013. They chose the old warehouse for its “big open space” and the Binghampton neighborhood for its community appeal.

8. Gowen Named Marketing Head at Renshaw Property Management -

Kellyn Gowen has joined Renshaw Property Management as marketing coordinator. In her new role, Gowen manages social media, marketing and communications for the company’s 800 Mid-South rental properties, serves as a liaison for property owners and real estate agents, and spearheads marketing efforts for vacant properties.

9. Garage Demolition Site Locale of Notorious War Prison -

The parking garage being demolished on North Second Street east of Court Square has a past.

To be precise, it’s the land on which the garage has stood for decades. Before the garage, the land was the site of the Irving Block Prison, part of the city’s Civil War history.

10. Brooks Brothers Relocating to Saddle Creek -

High-end clothier chain Brooks Brothers plans to open a new location at The Shops of Saddle Creek West in Germantown.

The New York City-based retailer will open in 7,500 square feet of space at 7509 Poplar Ave. by early June, taking over the two suites formerly occupied by Indigo and Talbots Men’s. Indigo last month relocated and expanded two spaces down into the old Natural Body Spa & Shoppe space.

11. Literacy Mid-South’s Dean Appointed to State Coalition -

Kevin Dean, executive director of Literacy Mid-South, has been appointed to the Tennessee Literacy Coalition’s board of directors. The board unanimously approved Dean’s nomination, and he will serve as a representative from West Tennessee for three years.

12. FDIC Signs Lease In Lakecrest -

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

13. Family Ties Inspired Baptist to Pursue Law -

Ahsaki Baptist, an associate in the Memphis office of Wyatt Tarrant & Combs LLP who’s been with the firm for five years, was surrounded by the law growing up.

14. Crye-Leike Sells Properties, Land At Feb. Auction -

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.

15. Mercer Ready to Steer MAAR Commercial Council -

John Mercer does not take over as 2012 president of the Memphis Area Association of Realtors Commercial Council until Jan. 1, but he is already working hard planning several big MAAR events for early next year.

16. Plotting a Course -

State and federal officials are developing new programs and legislation to bolster small businesses.Many companies are facing a variety of hurdles in a lackluster economy in which millions remain jobless and the outlook for consumer confidence and companies’ confidence in hiring and investing remain bleak. But what shape those hurdles have taken depends on who you ask.

17. Universal Commercial Built On Deep Family Legacy -

For some people, the prospect of working with one’s brother, wife and mother on a daily basis would be a less than enticing proposition.

But as far as Darrell Cobbins, the owner, president and CEO of Memphis-based Universal Commercial LLC, is concerned, there’s no other way he’d rather do business.

18. Johnson Among ‘Great Women’ in Gaming Industry -

From an early age, Melonie Johnson loved all facets of crunching numbers.

The self-described math geek and bean counter has always admired those interested in accounting and finance.

In addition to her capability in finance, Johnson’s leadership and results were recognized earlier this year by the Casino Enterprise Management magazine with a 2010 Great Women of Gaming Rising Star distinction.

19. Clark Bros. Stymied By Housing Woes -

Partners with a renowned Memphis-based real estate development firm are experiencing the foreclosure crisis first-hand.

Brothers Benjamin G. Clark and Nicholas G. Clark are the subjects of five pending foreclosure lawsuits with Tupelo, Miss.-based BancorpSouth Bank, according to suits filed in Shelby County Chancery Court. BancorpSouth’s appraisals for the properties in question are valued at approximately $20.5 million, with loan balances of $17.5 million.

20. Carlisle Corp. Continues Work on New Headquarters -

263 Wagner Place
Memphis, TN 38103
Loan Amount: $2.1 million

Loan Date: June 15, 2010
Maturity Date: June 15, 2014
Borrower: Carlisle Landing LLC
Lender: Regions Bank

21. Glankler Brown's Humphreys Named Real Estate SuperLawyer -

Glankler Brown attorney and real estate chairman Hunter Humphreys has been named a Real Estate SuperLawyer by Corporate Counsel Magazine.

Humphreys’ designation means he’s honored as a Top 100 Lawyer in Tennessee and a Top 50 Lawyer in Memphis.

22. Rhea Receives WKNO’s Distinguished Service Award -

Stephen H. Rhea has received the Julian Bondurant Distinguished Service Award from WKNO Public Broadcasting.

Rhea is the WKNO Capital Campaign chair and led the campaign for the digital transition that brought in $16.9 million. The campaign enabled the station to build the Digital Media Center.

23. An Upset Choice For The County Commission -

A retired IBM executive who decided to take a political leap at the last minute is the newest Shelby County Commissioner.

Edith C. Moore got seven votes from eleven members of the Shelby County Commission in the sixth round of voting to fill the vacancy created by Commissioner Joe Ford’s appointment as interim Shelby County Mayor.

24. UPDATE: Moore Is Upset Choice For County Commission -

A retired IBM executive who decided to take a political leap at the last minute is the newest Shelby County Commissioner.

Edith C. Moore got seven votes from eleven members of the Shelby County Commission in the sixth round of voting to fill the vacancy created by Commissioner Joe Ford’s appointment as interim Shelby County Mayor.

25. Mega Bucks -

Ten years ago, Jim Ewing and Jim Bruce wrote a piece for Site Selection, a trade magazine for people in the business of consulting on the best locations to build industrial plants. It was called “The Approaching Industrial Land Shortfall.”

26. Commercial Real Estate Pocked by Financial Ruins -

Commercial real estate deals used to be hammered out in boardrooms, but with the rise of foreclosures in that sector, many of them are now being negotiated at the courthouse.

The steps of the Shelby County Courthouse proved to be a hot spot for high-dollar, high-profile commercial deals in June, a month that saw the most lucrative transaction and two of the top three sales occur following foreclosures.

27. Industry Takes Toll on MAAR Membership -

The housing slump continued to take a toll on the real estate profession as membership in the Memphis Area Association of Realtors (MAAR) reached a three-and-a-half year low in December with just 4,599 members.

28. Construction Loan Filed For 5 Acres in Bartlett -

A new limited liability company called Yale Road Properties LLC has bought 5.42 acres along Yale Road in Bartlett for $310,000, subsequently filing a $1.2 million construction loan for the property. The group bought the land from First Tennessee Bank NA and financed the purchase and construction through First Citizens National Bank.

29. Salvaggio Group Plans Brownstone Building in G’town -

If success breeds success, as the old saying goes, then The Salvaggio Group LLC’s next project in Old Germantown could be destined for a bright future.

Fresh off the heels of its three-building office complex off Poplar Pike – which sold in one day earlier this year – the Germantown-based development, construction and management firm is planning an equally ambitious structure across the street.

30. Settlement Funds To Honor Cauley -

It was the kind of gathering you normally wouldn’t associate with the settlement of a class action case involving urethane.

Several hours in advance of the hearing before Circuit Court Judge Jerry Stokes last week, some of those who would benefit from the settlement gathered at the Glassman, Edwards, Wade & Wyatt PC law firm across from Court Square in Downtown.

31. Founders of Grand Events Sell Company’s Warehouse -

3347 Pearson Road
Memphis, TN 38118
Sale Amount: $2.5 Million

Sale Date: June 13, 2008
Buyer: Schwarz Properties LLC
Seller: Hoyt Mark White and John Stanley White
Loan Amount: $2.1 million
Loan Date: June 12, 2008
Maturity Date: N/A
Lender: BankTennessee
Details: Asheboro, N.C.-based Schwarz Properties LLC has bought the 130,925-square-foot warehouse that houses Grand Events and Party Rentals, which now will lease the space.

32. Legal Assistance Key For Real Estate Investors -

Thanks in part to shows on the Home & Garden Television network, Americans are becoming savvy do-it-yourselfers with the know-how to buy undervalued houses, rehabiliate them and sell them for a profit.

33. 13 Foreclosures Filed Against Mark Matthews Development -

In another hit to the beleaguered homebuilding industry, Paragon National Bank has filed a flurry of foreclosures against local builder and developer Mark Matthews Development LLC.

The foreclosures appear in the public notices section of today's Daily News on Pages 24 and 25.

34. Ford Mortuary Gets Pricey Overhaul -

Changes are in the works at a pair of funeral businesses run by separate members of the prominent Ford family.

Several years after its last renovation, the longtime family business of the Fords - the N.J. Ford & Sons Funeral Parlor at 12 South Parkway - is getting an extensive makeover, to the tune of more than half a million dollars. Joe Ford, the Shelby County Commission member and president of the business, has taken out a $519,802 loan for the project, according to The Daily News Online, www.memphisdailynews.com.

35. Archived Article -

2975 Brother Blvd.
Memphis, TN 38133
Sale Amount: $2.6 million

Sale Date: June 29, 2007

Buyer: Tatge Facility Management Partners LLC

36. Georgia-Based Developers Find Their Spot in Uptown -

Hurricane Katrina forced Verlyn and Harold Foley to leave their New Orleans home in 2005 and move to the Atlanta area.

But when the city of Memphis tried to file eminent domain rights on an Uptown property the husband and wife were eyeing for a multifamily building, this real estate development duo decided to stand their ground and fight.

37. Keeping Tabs -

A local business group that dabbles - among other things - in logistics and technology services has bought several acres in Downtown Memphis for the expansion of a cutting-edge business park.

The Memphis-based DeHart Group, which includes several related business entities, also has snapped up parcels recently in Midtown, where it's planning to centralize its operations within the commercial space whose occupants include Strings & Things.

38. Archived Article -

Trails at Mt. Moriah
Apartment complex
Sale Amount: $35.3 million

Sale Date: Dec. 28, 2006

Buyer: 22 limited liability companies affiliated with Triple Net Properties LLC

39. Carriage Crossing Invites Patrons to Eat, Shop - and Sleep - With New Hotel -

Collierville used to be a sleepy country town, but it soon will turn into a good place for travelers to get some sleep.

Southern Hospitality LLC plans to begin construction on a 131-room Courtyard by Marriott hotel in early 2007 that will become the third anchor of The Avenue Carriage Crossing outdoor mall in Collierville, the Memphis suburb with an estimated 44,000 residents.

40. Pricey Merchandise -

Earlier this year, the Gary Myers Co. sold a 17,000-square-foot office warehouse at 3121 Bartlett Corporate Center Drive to an investment group for $1.5 million. The multi-tenant building, purchased by BCH Investments, is a short drive from Interstate 40 and counts big users like Brother International Corp. as neighbors.

41. Setting the Stage -

In the past few years, the sleepy suburb of Bartlett has blossomed from a bedroom community into a boom town.

It has a performing arts center that regularly bills national acts and an industrial park that includes Brother International Corp., one of the town's biggest employers. New residential subdivisions are sprouting up with the regularity of spring flowers.

42. Realtors Harness Satellite Technology To Pinpoint Plats, Parcels and Plots -

The eye-in-the-sky view is becoming a more common tool for land brokers and rural real estate agents - so much so that the Tennessee chapter of the Realtors Land Institute (RLI) is bringing a Global Positioning System class to the Memphis Area Association of Realtors (MAAR) at 6393 Poplar Ave. The class is from 8:30 a.m. to 5:30 p.m. June 13 and 14.

43. Commercial Sales Maintain Steady Pace -

International Paper's recent decision to relocate its global headquarters to Memphis could be viewed as an overall reflection of the city's commercial real estate sector. Memphis is experiencing a steady level of commercial investment activity, led by a surge in retail transactions.

44. Archived Article: Daily Digest - Bartlett Property

Bartlett Property

Sells for $2.8 Million

Comprehensive Computer Services Inc. has purchased 20 acres containing a 232,375-square-foot concrete tilt-up manufacturing & processing plant at 2950 Brother Blvd. in Bartlett ...

45. Archived Article: Real Recap - 3300 Brother Blvd

Cleveland Investors Buy Bartlett Property

3300 Brother Blvd.

Bartlett, TN 38133

Cost: $8.6 million

Buyer: Newgar Ltd.

Seller: Net Lease Holdings LLC

Property: One lot at 3300 Brother Blvd. in the International ...

46. Archived Article: Lead - By Andy Meek

Bartlett Seeks to Grow Industry Base

As Brother expands, officials pursue new industries

ANDY MEEK

The Daily News

With Brother International Corp. opening a 500,000-square-foot expansion to its Bartlett distribution cente...

47. Archived Article: Law Focus - More businesses could help suburbs bottom lines

More businesses could help suburbs bottom lines

By LANCE ALLAN

The Daily News

Germantown did it. Bartlett followed suit the next day. Shelby County is considering it again.

Both Germanto...

48. Archived Article: Fogelman (lead) - Fogelman acquires five properties, $51 Fogelman fund acquires 5 properties By SUE PEASE The Daily News Fogelman Realty Acquisition Fund LLC, a joint venture comprised of Fogelman Venture Partners, an affiliate of Memphis-based Fogelman Properties an...

49. Archived Article: Real Focus - 11-14-00 REAL ESTATE FOCUS Who is buying the high-priced home? By MARY DANDO The Daily News Some might look around at the number of high-priced homes going up in Memphis and ask, is the Memphis area becoming a more millionaire-friendly zone or are t...

50. Archived Article: Real Focus Justine's - JUSTINES CHANGES HANDS AGAIN Memphis landmark changes hands again By MARY DANDO The Daily News A piece of Memphis history is to change hands again shortly when the Italianate Victorian mansion known to its many patrons over the years as Justines Res...

51. Archived Article: Real Review Lj - Real Review 2-22-00 Building supply firm buys Lamar Avenue property Builders FirstSource Inc. has purchased a 157,000-square-foot facility on 13 acres in Southeast Memphis designed to accommodate the companys expansion plans. The Dallas-based nation...

52. Archived Article: Ccdc (lead) - CCDC to consider CCDC to consider Downtown projects By KATHLEEN BURT The Daily News On Feb. 22, the Center City Development Corp. will consider three Downtown projects seeking development loans. Two of the projects are renovations, while the third i...

53. Archived Article: Welcome Wagon Lj - By LAURIE JOHNSON Welcome Wagon purchase to increase office, retail space By LAURIE JOHNSON The Daily News The recent sale of the Welcome Wagon building at 145 Court St. will bring about 30,000 square feet of office and retail space online for busin...

54. Archived Article: Allen & O'hara Lj - By LAURIE JOHNSON Allen & OHara adds new Hampton Inn to portfolio By LAURIE JOHNSON The Daily News Local commercial construction and real estate development firm Allen & OHara Inc. has increased its hotel management portfolio to 800 units wi...

55. Archived Article: I-240 Comfort Inn Lj - lj 10/5 cates Poplar & I-240 Comfort Inn gets new owner By LAURIE JOHNSON The Daily News A local partnership headed by California-based real estate investor and former Memphian Drew E. Parker has acquired the Comfort Inn at Poplar and I-240, a l...

56. Archived Article: I-240 Comfort Inn Lj. - lj 10/5 cates Poplar & I-240 Comfort Inn gets new owner Feb. 21, 1997 -- A local partnership headed by California-based real estate investor and former Memphian Drew E. Parker has acquired the Comfort Inn at Poplar and I-240, a location Parker t...

57. Archived Article: Chg - By CAMILLE H OnStar guardian GM gets ready to advertise new OnStar tracking system for 1997 Cadillac owners By CAMILLE H. GAMBLE The Daily News General Motors Corp. is gearing up to launch a major advertising campaign this month to get the word out ...

58. Archived Article: Bartlett Chg - Bartlett gears up Bartlett gears up for Super Wal-Mart, Brother expansion City of Bartlett completes annexation of 1,600 acres for residential development By CAMILLE H. GAMBLE The Daily News Although new residential permits were down for the year in...