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Editorial Results (free)

1. 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

2. 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.

3. 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.

4. Local Logistics Firms Expand Medical Real Estate Offerings -

Memphis area industrial brokers are reporting an increase in activity with third-party and proprietary logistics companies involved in distribution of medical/pharma-related product.

During the second half of this year, several local companies have inked new leases that will expand their overall space in the Memphis area, creating new jobs in the process.

5. Millstone Medical Expands Local Operations -

Fall River, Mass.-based Millstone Medical Outsourcing LLC is relocating its Memphis operations to a larger Olive Branch facility to broaden services and capacity.

6. National Capital Management Expands -

National Capital Management LLC has expanded by 3,900 square feet on the third floor at Southwind Office Center A, bringing the company’s total lease to 12,253 square feet.

7. Thorpe Products Inks New Deal On Democrat -

Thorpe Products Co. is relocating its Memphis branch location to a site with higher ceiling heights and better proximity to its clients.

8. Winbranch Apartments Sell for $2.4 Million -

3595 Millbranch Road
Memphis, TN 38116
Sale Amount: $2.4 million

Sale Date: Sept. 7, 2010
Buyer: Winbranch Realty Partners LLC
Seller: LBUBS 2004-C4 Millbranch Road LLC
Loan Amount: $975,000
Loan Date: Sept. 7, 2010
Maturity Date: Sept. 1, 2011
Lender: The Leshum Group LLC

9. Lit Refrigeration Set to Bring ‘Jr.’ Version of Store to Whitehaven -

1665 Winchester Road
Memphis, TN 38116
Sale Amount: $500,000

Sale Date: Aug. 18, 2009
Buyer: Noble Partners Winchester LLC
Seller: Remark Chism
Loan Amount: $400,000
Loan Date: Aug. 18, 2009
Maturity Date: N/A
Lender: SunTrust Bank

10. 10-Acre Cordova Industrial Site Sells -

A 10-acre heavy industrial site at 9373 Macon Road in Cordova has sold for $650,000 to an entity called Macon Road Holdings LLC. The property was sold at an absolute auction in August, although the sale didn’t close until Sept. 12. Duke Forest Products LP was the seller.

11. Cordova Industrial Site Bound for Auction -

It’s not every day that a 10-acre industrial site is put on the auction block – selling absolute to the highest bidder, no less – but a Cordova property zoned for heavy industrial use and about 80 percent occupied goes to bid next week.

12. Archived Article -

2855 N. Houston Levee Road
Cordova, TN 38016
Sale Amount: $4.6 million

Sale Date: Oct. 23, 2007

Buyer: JF Storage Holding LLC

13. Archived Article -

5668 Poplar Ave. and
1000 S. Yates Road
Sale Amounts: $23.9 million; $350,000

Sale Date: May 22, 2007

14. Archived Article -

9 acres in Cordova
On Walnut Grove Road
Loan Amount: $6.2 million

Loan Date: April 2, 2007

Maturity Date: n/a

15. Archived Article: Daily Digest - Cordova Properties

Cordova Properties

Financed for $3.5 Million

Cordova Town Center Partnership has financed property at 1080 N. Germantown Parkway and 8.92 acres in Cordova Crossing for $3.5 million, according to The Daily News Public Reco...