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Editorial Results (free)

1. Macon Homes Complex Sells for $800,000 -

500 N. Claybrook St.
Memphis, TN 38104
Sale Amount: $800,000

Sale Date: Aug. 20, 2014
Buyer: Crosstown Macon Homes LLC
Seller: Macon Homes
Details: The 24-unit Macon Homes section 8 apartment complex at 500 N. Claybrook St. in Midtown has sold for $800,000.

2. Health Care Safety Net Tops Council Agenda -

Memphis City Council members get more information during the Tuesday, Aug. 5, council day on different parts of City Hall’s ongoing health benefits and pension liability discussions.

But the only item on the agenda for a vote Tuesday is a resolution to create a $2 million “safety net” that was delayed last month.

3. Charlotte Firm Buys Mendenhall Warehouse -

4517 S. Mendenhall Road
Memphis, TN 38141
Sale Amount: $1.4 million

Sale Date: June 24, 2014
Buyer: TKC CLXXIX LLC
Seller: Tenn Thom Realty LLC
Loan Amount: $1.1 million
Loan Date: June 24, 2014
Maturity Date: N/A
Lender: First Tennessee Bank NA
Details: An affiliate of Charlotte, N.C.-based real estate development firm The Keith Corp. has paid $1.4 million for the 14,650-square-foot warehouse at 4517 S. Mendenhall Road in Hickory Hill.

4. Parks Debate Continues as Convention Departs -

With a Ku Klux Klan rally in the rearview mirror, the local debate over the renaming of three Confederate-themed city parks moved ahead this week.

A group of 60 attended a public hearing Monday, April 1, by the ad hoc City Council committee on the parks renaming at City Hall.

5. Council Preps for Late Summer Sales Tax Hike Referendum -

A referendum on a half percent city sales tax hike to fund a city pre kindergarten expansion and roll back the city property tax rate by 20 cents would happen in August or September instead of May.

6. Council to Discuss Pyramid Development -

Memphis City Council members vote Tuesday, Jan. 22, on the “Memphis Pyramid Planned Development” – the formal name for the conversion of The Pyramid to a Bass Pro Shops store with other attractions including a hotel.

7. Norfolk Southern Increases Activity -

Norfolk, Va.-based Norfolk Southern Corp. expects to continue increasing operations this year at its new Memphis Regional Intermodal Terminal in Rossville, just east of Collierville.

8. Events -

Leadership Memphis and Michael Synk will present the Leadership Memphis Book Club by In-Synk, a monthly, one-hour book club focusing on business, leadership and management titles, beginning Friday, Oct. 14, from 8 a.m. to 9 a.m. at South of Beale, 361 S. Main St. Cost is $20 for Leadership Memphis alumni and current class members and $25 for the general public. For more information or to register, visit lmdriving.eventbrite.com.

9. Events -

The Memphis Minority Business Council will hold a seminar titled “Demystifying the RFP Process” Thursday, Oct. 13, from 8 a.m. to noon at the MMBC Continuum, 158 Madison Ave. Cost is free. For more information or to register, contact Yolanda Dillard at 525-6512 or ydillard@mmbc-memphis.org.

10. MC Ionic Solutions US Begins Work on Fite Rd. Site -

2665 Fite Road
Memphis, TN 38127
Permit Amount: $1.3 million

Permit Date: Applied July 2011

11. Grants Buy Lots in Kensington PD -

Three companies related to the Grant family of homebuilders have bought the remaining 105 lots in Arlington’s Kensington Planned Development for a combined $2.6 million from BancorpSouth Bank. Kensington was approved for 109 lots on 45.4 acres.

12. Aid Sought in DeWitt Spain Flooding -

Memphis International Airport officials have insurance and are talking to the state of Tennessee about paying perhaps as much as 90 percent of the cost from damages to General DeWitt Spain Airport in Frayser.

13. Glencore Grain Buys Mendenhall Warehouse -

4834 S. Mendenhall Road
Memphis, TN 38118
Sale Amount: $6 Million

Sale Date: March 25, 2011
Buyer: Glencore Grain USA LLC
Seller: ProLogis NA2 Tennessee LLC

14. Companies Sell Lots in Arlington Subdivision -

Two related companies – West TN Land Co. GP and Chamberlain & McCreery Inc. – have sold 104 lots in Arlington’s Kensington Planned Development to BancorpSouth Bank for $1.4 million.

15. Mt. Zion Upgrades to Larger Church in Frayser -

Two Memphis area churches have closed on a deal that’s been in the pipeline for about a year and a half.

Mt. Zion Baptist Church, 1280 Stonewall St., bought the 36,000-square-foot church at 1621 Dellwood Ave. in Frayser from Schoolfield United Methodist Church Inc. for $500,000.

16. 100 Years of Medicine -

The University of Tennessee Health Science Center in Memphis is kicking off its 100th anniversary celebration with the publication of a commemorative hardcover book.

“The Legacy The Future: A Centennial Portrait of the University of Tennessee Health Science Center” will be available for sale this week at the campus bookstore, 930 Madison Ave.

17. Wharton Files Blight Suits -

For months, Memphis Mayor A C Wharton Jr. has been standing outside old homes and warning owners of the vacant decaying properties that the city is coming with attorneys and legal papers.

On Tuesday he launched the first wave of lawsuits under the state’s Neighborhood Preservation Act.

18. Norfolk Southern Almost Ready To Break Ground -

Norfolk Southern Corp. is about to clear the final hurdle needed to begin work on its Rossville intermodal terminal, where cargo containers will be transferred between trucks and trains.

19. The Cost of Progress -

The development of Norfolk Southern Corp.’s $112 million intermodal yard on a former cattle ranch in Fayette County has polarized the community for more than a year.

20. Norfolk Woes? -

Norfolk Southern Corp. hasn’t laid down any of the track that will connect its main line to the proposed $112 million intermodal terminal in Rossville, but the company is laying down a foundation to keep the project on target to open in two years.

21. Two Builders Buy 50 Arlington Lots -

Harry Todtman wasn’t taking any chances. When the opportunity arose to buy 25 of the 50 lots in phase two of the Arlington subdivision Windsor Place, Todtman jumped at it – even if that meant sitting on the lots until the market improves.

22. Logistics Outfits Weather Rough ’09 -

All things considered, the local logistics sector fared better than many industries during 2009 as the recession claimed casualties throughout the U.S. Granted, some logistics, distribution and transportation companies suffered layoffs and closures, but the overall outlook is as bright as can be expected during these bleak times.

23. More Details, Concerns Emerge From Norfolk Southern Deal -

Norfolk Southern Corp. has unveiled preliminary environmental data that will serve as the foundation of its proposed intermodal terminal in Fayette County, where cargo containers will be transferred between trucks and trains.

24. Local Logistics Industry Embraces Norfolk Southern Expansion -

Although Norfolk Southern Corp.’s planned $129 million intermodal yard won’t be built within the city limits but instead in neighboring Rossville, Memphis’ logistics and distribution industries stand to benefit from the railroad’s decision to expand its local presence.

25. Norfolk Southern Caps Rail Yard Plans With Few Objections -

Wick Moorman admitted that if he had traveled to Fayette County earlier this year, he might as well have shown up wearing a Darth Vader costume. That’s because Moorman, the CEO of Norfolk Southern Corp., realized he and his company were viewed back then as evil overlords.

26. Norfolk Southern Set to Announce Fayette County Yard Site -

Norfolk Southern Corp. will end months of speculation Thursday by announcing the site of its new Fayette County intermodal facility.

27. Poplar Rail Study Juggles Citizen, Business Concerns -

Paul Morris empathizes with the college students who climb over the trains stopped on the tracks that intersect the University of Memphis campus on their way to class.

28. Fayette County Land Closer to Becoming Rail Hub -

Norfolk Southern Corp.’s plan to develop a multimillion-dollar, multi-acre intermodal facility in Fayette County cleared a political hurdle Thursday night, moving the massive project one step closer to reality.

29. Collier Lincoln Mercury Dealership Sold Back to Bank -

2177 Covington Pike
Memphis, TN 38128
Sale Amount: $2.5 Million

Sale Date: May 22, 2009
Buyer: First Tennessee Bank NA
Seller: LaToya L. Williams, substitute trustee

30. Regency Homebuilders Files Loan for Six Homes -

Regency Homebuilders LLC has filed a $1.2 million construction loan through Triumph Bank to build homes on six lots in three subdivisions. The loan, dated May 20, shows the Cordova-based homebuilder will bring three homes to the Villages at White Oak, two homes to Franklin Farms and one home to Maple Grove.

31. Next Stop: Norfolk Southern’s intermodal plans take shape -

The freight trains that rumble through Memphis are hard to ignore, especially the ones that parallel or bisect main thoroughfares and disrupt traffic. But even people who don’t cross railroad tracks during their commutes are likely to hear the distant blare of horns at some point during the day as locomotives make their way into and out of the city.

32. Enterprise Rent-A-Car Building 10,000-Square-Foot Facility -

2424 Appling Road
Memphis, TN 38133
Permit Amount: $2.3 Million

Project Cost: TBA
Permit Date: Applied November 2008
Completion: Summer 2009
Owner: Enterprise Rent-A-Car
Tenant: Enterprise Rent-A-Car
Contractor: Chris Woods Construction Co. Inc.
Architect: Renaissance Group

33. Second Phase Slated For Arlington Development -

Forrest Road LLC, the developer of Windsor Place subdivision in Arlington, has filed a $3.4 million loan through BankPlus to develop a second phase there. Windsor Place is south of Forrest Street just inside the Shelby-Fayette border, and its Phase I contains 50 lots on 37.3 acres.

34. Regency to Bring Homes To Two Area Subdivisions -

Arlington-based Regency Homebuilders LLC has bought lots and filed construction loans totaling close to $1 million for homes in the Stonebriar subdivision in Southeast Memphis and the Maple Grove subdivision in Arlington, adding to the company’s presence in those neighborhoods.

35. AT&T Makes Improvements To South Memphis Facility -

4787 Weaver Road
Memphis, TN 38109
Permit Amount: $4 million

Project Cost: $4 million
Permit Date: Applied April 2008
Completion: September 2008
Owner: AT&T Inc.
Tenant: AT&T Inc.
Contractor: Vega Corp. of Tennessee
Details: Chattanooga-based contractor Vega Corp. of Tennessee will perform an interior renovation to an AT&T Inc. facility on Weaver Road; the building is south of Shelby Drive and north of South Third Street in South Memphis.
An AT&T public affairs spokesman said the interior renovation at the facility is “part of normal network maintenance. Every time we do any kind of maintenance or upgrades on our network, we file a building permit. It’s part of the normal broadband network upgrade that we do and have been doing across the state.”
Meanwhile, Jimmy Griffin, project manager for Vega, said the renovation is strictly interior work, with network equipment being installed.
“A lot of the big dollar value is the equipment,” Griffin said. He added that his company will mobilize soon to begin demolition on the inside.
Vega is waiting on permit approval and expected to begin work in the next 10 to 15 days for the build-out. Griffin said the projected completion date is Sept. 8. Vega has performed other interior renovations for AT&T, formerly BellSouth. The general contractor needed just six weeks to overhaul 16,000 square feet of office space on the 27th floor of AT&T’s state headquarters building in Nashville.

36. Moore Files Loan ForHomes in Ewing Place -      J. Moore and Associates has filed a $1 million construction loan to build three speculative homes in the final phase of Ewing Place Subdivision, a 95.67-acre development in Arlington south of Forrest Street and east of G

37. Office Building to Rise In Forest Hill-Irene Subdivision -

Lot on Centre Oak Way
Germantown, TN 38138
Loan Amount: $1.1 million

Loan Date: March 31, 2008

Borrower: Reed White Holdings LLC

38. Windsor Place TapsAnother Pair of Builders -      Two more builders have joined the mix at the Windsor Place subdivision in Arlington. Last week, Willow Oak Construction LLC bought seven lots for $455,000, and Rivercrest Construction Associates LLC bought five lots for

39. Baum Files Loans ForArlington's Windsor Place -      P. Baum & Co. has filed two construction loans totaling $1.7 million to build 13 homes in the new Windsor Place subdivision in Arlington. The loans, one for $1.1 million and one for $585,000, were filed Friday through Co

40. Despite Housing Downturn, Plans Unveiled for 600-lot Development in Arlington -

At a time when builders are scaling back nationally because of sagging home sales and the slowing economy, an ambitious subdivision in Arlington is about to take shape.

The $24 million, 326-acre Villages at White Oak is an expansive residential, retail and office development just north of Interstate 40 near the Shelby-Fayette county line.

41. Archived Article -

26 buildings in
Nonconnah Corporate Park
Sale Amounts: $30.6 million; $8.3 million

Sale Date: Feb. 22, 2007

42. Archived Article -

Construction loan for Hope Presbyterian
Loan Amounts: $13.5 million
(pledge note); $15 million (term note)

Loan Date: Oct. 19, 2006

43. Mark Matthews Development FinancesLots in Stonebriar, Maple Grove -      Mark Matthews Development LLC has filed a $10 million loan through Wachovia Bank for 15 lots in Maple Grove Planned Development, phase one, and two lots in Stonebriar Planned Development, area five, phase III.
 

44. 118.35 Acres in ArlingtonSells for $2.7 Million -      T.R. Mills Contractors Inc. has bought 118.53 acres in Arlington from Forrest Road LLC for $2.7 million, filing a $2.7 million loan through First State Bank. The property is on the north side of Forrest Street west of th

45. Archived Article -

5900 Cedar Forrest Drive
Memphis, TN 38119
Sale Amount: $21.6 million

Sale Date: April 12, 2006

46. Lynnfield Place SellsFor $21.6 Million - Lynnfield Place Tennessee LLC and Lynnfield Place Memphis LLC have purchased Lynnfield Place Apartments at 5900 Cedar Forrest Drive from Lynnfield Gardens Associates LLC for $21.6 million. Built in 1974, the complex is on the east side of Lynnfield R

47. Archived Article -

Six lots in
Wolf River Ranch
Loan Amount: $6 million

Loan Date: March 24, 2006

Maturity Date: Aug. 31, 2006

48. 118 Acres in ArlingtonBought for $1.78 Million - Forrest Road LLC has purchased two parcels of vacant land in Arlington from Winstead Turf Farms Inc. for $1.78 million. The property, which totals 118.53 acres, is on the north side of Forrest Road near Louisville & Nashville railroad line. The mortg

49. Events -

The PILOT evaluation committee of the Memphis and Shelby County Industrial Development Board meets at 1 p.m. today in the City Council conference room at City Hall, 125 N. Main St. A special meeting of the IDB follows at 3 p.m. at City Hall. Call 576-7107.

50. Archived Article: Lead - New Arlington subdivision adds to building boom

Arlington Homes Add to Building Boom

No end in sight for new commercial, residential projects

ANDY MEEK

The Daily News

For real estate developer David Goodwin Jr., the town of Arlington ...

51. Archived Article: Real Recap - Mid-America Finances Four Properties for $22

Mid-America Finances Four Properties

3505 S. Mendenhall Road

Memphis, TN 38115

Cost: $22.3 million

Borrower: Mid-America Apartment Communities Inc. and Mid-America Apartments LP

Lender: ...

52. Archived Article: Calendar - Calendar of events Jan

Calendar of events July 1-July 8

July 1

The Union Planters IMAX new feature film Space Station documents the construction and assembly of the International Space Station currently in Earths orbit. The film runs throug...

53. Archived Article: Lutheran (lead) - By STACEY WIEDOWER Foundation set for new Lutheran district office By STACEY WIEDOWER The Daily News Construction is underway on a $1.2 million, 7,000-square-foot office building that will house the Mid-South District of the Lutheran Church-Missouri...

54. Archived Article: Real Briefs - 04-02 Real briefs Re/Max of Kentucky/Tennessee announced the top office sales associates for the first two months of 1996. The associates who had the highest total closed sales volume in their office for January and February, respectively, were: Edw...