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Editorial Results (free)

1. Georgia-Pacific Invests $20M in Memphis Mill -

Two years after Atlanta-based Georgia-Pacific acquired Memphis-based Buckeye Technologies in a $1.4 billion deal, the combined company, GP Cellulose, has invested $20 million in capital construction and maintenance projects at its Memphis facilities.

2. Georgia-Pacific Invests $20M in Memphis Mill -

Two years after Atlanta-based Georgia-Pacific acquired Memphis-based Buckeye Technologies in a $1.4 billion deal, the combined company, GP Cellulose, has invested $20 million in capital construction and maintenance projects at its Memphis facilities.

3. Georgia-Pacific Invests $20M in Memphis Mill -

Two years after Atlanta-based Georgia-Pacific acquired Memphis-based Buckeye Technologies in a $1.4 billion deal, the combined company, GP Cellulose, has invested $20 million in capital construction and maintenance projects at its Memphis facilities.

4. Georgia-Pacific Invests $20 Million in Memphis Mill -

Two years after Atlanta-based Georgia-Pacific acquired Memphis-based Buckeye Technologies in a $1.4 billion deal, the combined company, GP Cellulose, has invested $20 million in capital construction and maintenance projects at its Memphis facilities.

5. Warehouse At Perimeter Point Sells for $775,000 -

A Perimeter Point industrial building has been sold for $775,000.

Missouri-based Martabra Real Estate LLC acquired the flex warehouse building at 5055 Covington Way, just off Covington Pike south of Elmore Road, from CP Perimeter Point LLC, an affiliate of California-based Coastal Partners LLC.

6. Methodist Healthcare Buys Office Building From Belz -

5865 Shelby Oaks Circle
Memphis, TN 38134
Sale Amount: $4 million

Sale Date: June 30, 2015
Buyer: Methodist Le Bonheur Healthcare
Seller: Belz Investco GP and Bico Associates GP
Details: Belz Enterprises and a partner have sold a Memphis office building to Methodist Le Bonheur Healthcare for $4 million.

7. Belz Sells Office Building for $4 Million -

Belz Enterprises and a partner have sold a Memphis office building to Methodist Le Bonheur Healthcare for $4 million.

Belz Investco GP and Bico Associates GP were listed as the sellers in the transaction, which included two parcels.

8. Belz Sells Building for $4 Million -

Belz Enterprises and a partner have sold a Memphis office building to Methodist Le Bonheur Healthcare for $4 million.

Belz Investco GP and Bico Associates GP were listed as the sellers in the transaction, which included two parcels.

9. Nike Formally Opens $301 Million Frayser Expansion -

Executives of Nike Inc. are in Memphis Friday, June 26, to formally open the $301 million expansion of the sports shoe and apparel giant’s Northridge distribution center at 3100 New Frayser Boulevard.

10. Michigan Investor Pays $7.5 Million for Hickory Hill Apartments -

5995 Waterstone Oak Way
Memphis, TN
Sale Amount: $7.5 million

Sale Date: June 11, 2015
Buyer: RoCo-Lakes LLC
Seller: RRE Waterstone Holdings LLC
Loan Amount: $6.2 million
Loan Date: June 11, 2015
Maturity Date: June 11, 2017
Lender: Keybank NA
Details: RoCo-Lakes LLC, a Michigan limited liability company, purchased two parcels comprising The Lakes at Ridgeway Apartments on June 11.

11. Nike Vendor Files Two Permits Totaling $8.5M -

Elk Grove, Ill.-based Wynright Corp. applied for two building permits – one for $7.2 million and another for $1.3 million – through the city-county Office of Construction Code Enforcement for work on Nike’s $301 million expansion at 3100 New Frayser Blvd. The permit description said the scope of work included “engineering material and installation.”

12. Nike Vendor Files Two Permits Totaling $8.5 Million -

Elk Grove, Ill.-based Wynright Corp. applied for two building permits – one for $7.2 million and another for $1.3 million – for work on Nike’s $301 million expansion at 3100 New Frayser Blvd.

13. Fogelmans, DRA Acquire The Bristol on Union -

A joint venture of Memphis-based Fogelman Venture Partners and New-York-based DRA Advisors have acquired the lease for The Bristol on Union, a 220-unit apartment community at Union Avenue and Interstate 240 near the Memphis Medical District.

14. Fogelmans, DRA Advisors Acquire The Bristol on Union -

A joint venture of Memphis-based Fogelman Venture Partners and New-York-based DRA Advisors have acquired the lease for The Bristol on Union, a 220-unit apartment community at Union Avenue and Interstate 240 near the Memphis Medical District.

15. Corker to Speak at Chamber Luncheon -

The Greater Memphis Chamber’s industry councils will host U.S. Senator Bob Corker at their biannual Joint Council Meeting on Friday, May 15.

The event, which runs from 11:30 a.m. to 1:00 p.m., will be held at the Hilton Memphis, 939 Ridge Lake Blvd.

16. Investors Buy Poplar Starbucks for $1.6M -

Tennessee investors have acquired a Starbucks location at 3388 Poplar Ave. in the University of Memphis area for $1.6 million.

17. Investors Buy Poplar Avenue Starbucks for $1.6 Million -

Tennessee investors have acquired a Starbucks location at 3388 Poplar Ave. in the University of Memphis area for $1.6 million.

18. Regional Logistics Council Hosting Event Thursday -

The Greater Memphis Chamber’s Regional Logistics Council will welcome high-level officials from Tennessee, Arkansas and Mississippi transportation departments on Thursday, April 16, from 7:30 to 9 a.m. at the Hilton Memphis Hotel.

19. Developer Charlie Ryan Focusing on Central-Cooper Intersection -

765 Tanglewood St.
Memphis TN 38104
Sale Amount: $27,000

Sale Date: Feb. 9, 2015
Buyer: Charles S. “Charlie” Ryan
Seller: Cowles Development Company LLC
Details: Developer Charles S. “Charlie” Ryan has acquired a key piece of Midtown property.

20. Napa Auto Parts Store Sells for $1.4 Million -

A Hickory Hill auto parts store has been sold for $1.4 million.

California-based El El Sea LLC, operating in care of Atlanta-based Genuine parts Co., acquired the Napa Auto Parts store at 3505 Ridgeway Road from GP Memphis TN Landlord LLC, according to a Feb. 3 warranty deed.

21. Hickory Hill Napa Auto Parts Store Sells for $1.4 Million -

A Hickory Hill auto parts store has been sold for $1.4 million.

California-based El El Sea LLC, operating in care of Atlanta-based Genuine parts Co., acquired the Napa Auto Parts store at 3505 Ridgeway Road from GP Memphis TN Landlord LLC, according to a Feb. 3 warranty deed.

22. Lynnfield Place Apartments Sell for $22.4 Million -

1400 Lynnfield Road
Memphis, TN 38119
Sale Amount: $22.4 million

Sale Date: Nov. 7, 2014
Buyer: Lynnfield Apartments LLC
Seller: Lynnfield Holdings LLC
Loan Amount: $20 million
Loan Date: Nov. 3, 2014
Borrower: Lynnfield Apartments LLC
Lender: Arbor Commercial Funding LLC
Details: The Lynnfield Place apartment community in East Memphis has sold for $22.4 million.

23. Nike Inc. Applies For $2M Building Permit -

Nike Inc. has applied for a $2 million building permit through the city-county Office of Construction Code Enforcement for additions to its distribution center at 3100 New Frayser Blvd.

24. Nike Applies for $2 Million Building Permit -

Nike Inc. has applied for a $2 million building permit through the city-county Office of Construction Code Enforcement for additions to its distribution center at 3100 New Frayser Blvd.

25. Highland Row Developer Applies for $6.7 Million Permit -

387 S. Highland St.
Memphis, TN 38111
Permit Amount: $6.7 million

Project Cost: $61 million
Application Date: November 2014
Engineer: Jordan & Skala Engineers
Details: Indianapolis-based developer Milhaus Ventures has applied for another building permit for the long-awaited Highland Row project near the University of Memphis.

26. Nike Applies for Building Permits -

Nike Inc. has applied for two building permits totaling $691,600 through the city-county Office of Construction Code Enforcement for additions to its distribution center at 3100 New Frayser Blvd.

27. Park Avenue Professional Building Sells for $1.3M -

An affiliate of Memphis-based Belz Enterprises has sold an East Memphis office building for $1.3 million.

Belz Investco GP sold the Park Avenue Professional Building at 930 S. White Station Road, at the northeast corner of White Station and Park Avenue, to Mem1 RE LLC, according to an Oct. 31 warranty deed. The buyer is affiliated with Dallas-based real estate investment company Pro Domo LLC.

28. Nike Applies for Building Permits -

Nike Inc. has applied for two building permits totaling $691,600 through the city-county Office of Construction Code Enforcement for additions to its distribution center at 3100 New Frayser Blvd.

29. Park Avenue Professional Building Sells for $1.3 Million -

An affiliate of Memphis-based Belz Enterprises has sold an East Memphis office building for $1.3 million.

Belz Investco GP sold the Park Avenue Professional Building at 930 S. White Station Road, at the northeast corner of White Station and Park Avenue, to Mem1 RE LLC, according to an Oct. 31 warranty deed. The buyer is affiliated with Dallas-based real estate investment company Pro Domo LLC.

30. 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.

31. CWCapital Sheds Willow Lake Buildings -

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

32. Willow Lake Sales Positive News For The Market -

The sale this week of five properties inside Willow Lake Business Park and Corporate Park for $4.2 million was welcome news for several reasons.

For one, true owners tend to take much better care of properties and market them more aggressively than special servicers like Bethesda, Md.-based CWCapital Asset Management.

33. Nike Inc. Applies For $1.9 million Building Permit -

Nike Inc. has applied for a $1.9 million building permit with the city-county Office of Construction Code Enforcement for additions to its distribution center at 3100 New Frayser Blvd.

34. Harold Ford Funeral Home Files Construction Loan -

1670 Sycamore View Road
Memphis, TN 38134
Loan Amount: $2.6 million

Loan Date: Sept. 4, 2014
Maturity Date: N/A
Borrower: Harold Ford Sycamore View LLC and Serenity Columbarium and Memorial Gardens LLC
Lender: Regions Bank
Details: The Harold Ford Funeral Chapel at 1670 Sycamore View Road in Northeast Memphis has filed a $2.6 million construction loan on the property.

35. Wal-Mart Preparing for New Memphis Store -

Wal-Mart has acquired property for nearly $4 million and several easements for a new store near I-40 and Whitten Road.

The Wal-Mart Real Estate Business Trust acquired a nearly 30-acre property northwest of the Whitten Road exit for I-40 on Aug. 28 from Belz Investco GP for $3.5 million. The property is on Raleigh Lagrange Road just east of Fletcher Creek and near the Firestone Complete Auto Care Store. Wal-Mart also acquired a nearby property from James and Lucia Gilliland for $489,396.

36. Harold Ford Funeral Home Files Construction Loan -

The Harold Ford Funeral Chapel at 1670 Sycamore View Road in Northeast Memphis has filed a $2.6 million construction loan on the property.

37. Wal-Mart Preparing for New Memphis Store -

Wal-Mart has acquired property for nearly $4 million and several easements for a new store near I-40 and Whitten Road.

The Wal-Mart Real Estate Business Trust acquired a nearly 30-acre property northwest of the Whitten Road exit for I-40 on Aug. 28 from Belz Investco GP for $3.5 million. The property is on Raleigh Lagrange Road just east of Fletcher Creek and near the Firestone Complete Auto Care Store. Wal-Mart also acquired a nearby property from James and Lucia Gilliland for $489,396.

38. Indmar Marine Engines Files Expansion Permit -

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

39. Southwind Village Office Owner Files $3.3 Million Loan -

The owner of the two parcels that compose the Southwind Village office complex in Southeast Memphis has filed a $3.3 million loan on the property.

The parcels are 3101 Players Club Parkway and 3195 Players Club Parkway, which sit at the southeast corner of Players Club Parkway and Hacks Cross Road.

40. D. Canale Affiliate Buys Property for Distillery -

301 S. Front St.
Memphis, TN 38103
Sale Amount: $785,000

Sale Date: July 10, 2014
Buyer: Dominick Properties LLC
Seller: 301 South Front Street GP

41. D. Canale Affiliate Buys Property for Distillery -

An affiliate of D. Canale & Co. has bought the Downtown property where it will develop a spirits distillery and public tasting room.

42. Knowledge Tree Buys Cordova Retail Center -

8195 Dexter Road
Memphis, TN 38016
Sale Amount: $1.3 million

Sale Date: July 8, 2014
Buyer: K Tree LLC
Seller: 8195 Dexter Road LLC
Loan Amount: $1.5 million
Loan Date: July 11, 2014
Maturity Date: N/A
Lender: First Tennessee Bank NA
Details: An affiliate of the Knowledge Tree learning center has paid $1.5 million for the 28,575-square-foot shopping center at 8195 Dexter Road in Cordova.

43. Midtown Retail Center Owner Files $3 Million Loan -

The owner of the retail building at 1460 Union Ave. in Midtown that houses Office Max and Cricket stores has filed a $2.9 million loan on the property.

44. 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.

45. Legacy Farm Owner Files $29.8 Million Loan -

1120 Winchester Road
Collierville, TN 38017
Loan Amount: $29.8 million

Loan Date: June 18, 2014
Maturity Date: July 1, 2021
Borrower: Legacy Farm LLC
Lender: CBRE Capital Markets Inc.
Details: The owner of the 368-unit Legacy Farm apartment complex at 1120 Winchester Road in Collierville has filed a $29.8 million loan on the property.

46. 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.

47. 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.

48. Council Approves Music Hall of Fame Funding -

Memphis City Council members have approved $250,000 in funding for a Memphis Music Hall of Fame at Hard Rock Cafe’s new location at Beale and Second streets.

The funding from the federal money turned over to the city when federal officials abandoned plans for Interstate 40 through Overton Park is the first of two funding requests organizers of the Hall of Fame plan to make of the city for the $1.2 million project, which will also include private funding.

49. City Council Approves Music Hall of Fame Funding -

Memphis City Council members have approved $250,000 in funding for a Memphis Music Hall of Fame at Hard Rock Cafe’s new location at Beale and Second streets.

The funding from the federal money turned over to the city when federal officials abandoned plans for Interstate 40 through Overton Park is the first of two funding requests organizers of the Hall of Fame plan to make of the city for the $1.2 million project, which will also include private funding.

50. Hedgemoor Square Sells for $3.6 Million -

375 N. Graham St.
Memphis, TN 38117
Sale Amount: $3.6 million

Sale Date: April 30, 2014
Buyer: Summit Hedgemoor Square Apartments LLC
Seller: Hedgemoor Square Apartments GP
Loan Amount: $2.7 million
Loan Date: April 30, 2014
Maturity Date: N/A
Lender: Pulaski Bank

51. Hedgemoor Square Sells for $3.6 Million -

An affiliate of St. Louis-based Gateway Commercial has paid $3.6 million for the 64-unit Hedgemoor Square Apartments at 375 N. Graham St. in East Memphis.

52. Eastgate Set for Possible Makeover -

A venerable shopping center in East Memphis could be getting a significant makeover, according to a recent retail market report from CB Richard Ellis Memphis.

Eastgate Center LLC, the owner of Eastgate Shopping Center at Park Avenue and White Station Road in East Memphis, could make significant aesthetic improvements to the retail center beginning this year.

53. Forest Hill Technology Center Sells for $5.2 Million -

3860 Forest Hill-Irene Road
Germantown, TN 38125
Sale Amount: $5.2 million

Sale Date: March 31, 2014
Buyer: 3860 Forest Hills Irene LLC
Seller: BACM 2007-1 Irene Road LLC
Loan Amount: $5.6 million
Loan Date: April 17, 2014
Maturity Date: N/A
Lender: First Tennessee Bank NA

54. Midtown Office Max Sells for $3.9 Million -

An affiliate of Atlanta-based real estate investment firm Core Property Capital has paid $3.9 million for the retail building at 1460 Union Ave. that houses Office Max and Cricket stores.

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

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

56. Lamar Fred’s Sells for $2.5 Million -

The recently built fred’s Super Dollar store at 1290 Lamar Ave. in Midtown has sold for $2.5 million.

57. Net Leases – Explained -

Many retail and industrial leases are structured as net leases, but what does “net lease” mean?

A “net lease” is a lease transaction in which the landlord receives a monthly payment composed of two items: first and foremost is the rent, net of the property operating expenses and secondarily a portion of real estate taxes upon the property, casualty/liability insurance upon the property and common area expenses for the property.

58. FedExForum Area Targeted for Apartments -

Nashville-based Elmington Capital Partners apparently likes the apartment market in Downtown Memphis.

An Elmington-affiliated company plans on building a 64-unit apartment complex at 362 S. Second St., south of FedExForum.

59. Former Motel 6 Sells for $1.4 Million -

1321 Sycamore View Road
Memphis, TN 38134
Sale Amount: $1.4 million

Sale Date: Jan. 13, 2014
Buyer: P & S Hospitality LLC
Seller: G6 Hospitality Property LLC
Loan Amount: $1.1 million
Loan Date: Jan. 14, 2014
Maturity Date: N/A
Lender: Argent Bank
Details: The former Motel 6 at 1321 Sycamore View Road in Northeast Memphis has traded hands for $1.4 million.

60. Owner of Whitehaven Retail Center Files Loan -

The owner of the 19,844-square-foot retail center at 5339 Elvis Presley Blvd. in Whitehaven has filed a $2.2 million loan on the property.

61. Call Center ‘Gratifying’ for Local Office Sector -

Conduit Global’s announcement this week that it is locating a call center in Shelby County that will employ 1,000 people was a breath of fresh air for local office real estate professionals.

62. Belz Sells Shelby Oaks EnSafe Center for $910,000 -

5710-5730 Summer Trees Drive
Memphis, TN 38134
Sale Amount: $910,000

Sale Date: Jan. 10, 2014
Buyer: EnSafe Inc.
Seller: BICO Associates GP
Details: An affiliate of Belz Enterprises has sold the five-building Shelby Oaks EnSafe Center office complex on Summer Trees Drive in Northeast Memphis for $910,000.

63. Belz Sells Shelby Oaks Ensafe Center for $910K -

An affiliate of Belz Enterprises has sold the five-building Shelby Oaks EnSafe Center office complex on Summer Trees Drive in Northeast Memphis for $910,000.

BICO Associates GP sold the property’s four parcels in a Jan. 10 warranty deed to EnSafe Inc., a Memphis-based environmental remediation engineering firm whose headquarters is at the complex.

64. Collierville Fred’s Sells for $1.5 Million -

450 U.S. 72
Collierville, TN 38017
Sale Amount: $1.5 million

Sale Date: Dec. 20, 2013
Buyer: Collierville Realty Holdings LLC
Seller: Washington Square Properties (a Tennessee general partnership composed of Thomas W. Taylor, trustee of the Thomas W. Taylor Revocable Living Trust dated April 27, 2000, and Thomas W. Hart)
Loan Amount: $793,000
Loan Date: Dec. 20, 2013
Maturity Date: Dec. 20, 2016
Lender: First Capital Bank
Details: The 19,152-square-foot fred’s retail store at 450 U.S. 72 in Collierville has sold for $1.5 million.

65. Nike Files $1.4 Million Permit for Frayser Facility -

Nike Inc. has filed a $1.4 million building permit with the city-county Office of Construction Code Enforcement for work on its North Memphis distribution center at 3100 New Frayser Blvd.

66. Germantown Planning Commission OKs Plan for Whole Foods -

Developers on Tuesday, Jan. 7, cleared a key regulatory hurdle for a planned Whole Foods Market store in Germantown.

Before a packed house, the Germantown Planning Commission voted to approve a revamped plan for a new Whole Foods store at the southeast corner of the intersection of Poplar Avenue and Pete Mitchell Road, on the eastern edge of Germantown’s Central Business District.

67. Shopping Center Group Moving to New Office -

The Shopping Center Group LLC is moving to a new office.

The Memphis office of the Atlanta-based retail real estate brokerage firm, which leases a total of approximately 4 million square feet of retail space and represents 100 retailers, is moving from 773 E. Brookhaven Circle to 5101 Wheelis Drive, Suite 106, at Clark Centre.

68. Whitehaven Warehouse Sells for $2 Million -

The 150,000-square-foot warehouse at 2982 Datsun Drive in Whitehaven has been sold to an out-of-town investor for $2 million.

69. Traffic Concerns Delay Germantown Whole Foods -

The development team behind a proposed Whole Foods store in Germantown is going back to the drawing board after some neighbors expressed concerns about the project, particularly over traffic.

The development team withdrew its application from the Germantown Planning Commission’s Tuesday, Dec. 3, agenda and will return next month. After that, the development team would need approval from Germantown’s Board of Mayor and Aldermen.

70. Developer Buys Land for Somerset Subdivision -

26.3 Acres near Neshoba
And Germantown Roads
Sale Amount: $1.5 million

Sale Date: Oct. 28, 2013
Buyer: Somerset-Exeter GP
Seller: Owen Investments LP
Loan Amount: $2.8 million
Loan Date: Oct. 28, 2013
Maturity Date: Oct. 28, 2016
Lender: Kent Wunderlich
Details: An entity related to Germantown-based developer McNeill Investment Co. has paid $1.5 million for 26.3 acres near the intersection of Germantown and Neshoba roads.

71. Medical Office Facility Sells for $5.9 Million -

7865 Educators Lane
Memphis, TN 38133
Sale Amount: $5.9 million

Sale Date: Sept. 26, 2013
Buyer: GA HC REIT II Bartlett TN MOB LLC
Seller: APD Investments LLC, Robert S. Biscan, The Colony Group LP and Amir H. Mehrabi
Details: An affiliate of Newport Beach, Calif.-based Griffin-American Healthcare REIT II Inc. has paid $5.9 million for the medical office building at 7865 Educators Lane in Northeast Memphis.

72. Quail Hollow Building Owner Files $7.5 Million Loan -

The owner of the 96,096-square-foot office building at 6525 N. Quail Hollow Road in East Memphis has filed a $7.5 million loan on the property.

73. Nike Files $4.3 Million Permit for Frayser Facility -

3100 New Frayser Blvd.
Memphis, TN 38128
Permit Cost: $4.3 million

Project Cost: $301 million
Permit Date: Applied September 2013
Completion: TBA
Owner: Nike Inc.
Tenant: Nike Inc.
Architect: N/A
Contractor: Wynright Corp.
Details: Nike Inc. has filed a $4.3 million building permit with the city-county Office of Construction Code Enforcement for work on its North Memphis distribution center at 3100 New Frayser Blvd.

74. Nike Files $4.3 Million Permit for Frayser Facility -

Nike Inc. has filed a $4.3 million building permit with the city-county Office of Construction Code Enforcement for work on its North Memphis distribution center at 3100 New Frayser Blvd.

75. Baptist Begins Construction on $14.1 Million Pediatric ER -

Baptist Memorial Health Care Corp. began construction this week on a new pediatric emergency department at Baptist Memorial Hospital for Women.

76. Saddle Creek Growth Sign of Future for City -

The Shops of Saddle Creek is in store for a multimillion-dollar makeover and expansion, a project that will likely be the first of several development dominoes to fall in Germantown.

Texas-based Trademark Property Co., which has operated the retail center since 2011, will expand the portion of the 148,000-square-foot lifestyle center on the southwest side of Poplar Avenue and West Street in Germantown.

77. Henry Turley Co. Files Permits for South Junction -

727 E. Mann Circle; 726. E. Mann Circle; 725 W. Mann Circle; 35 W. Georgia Ave.; 649 Florida St.; 18 W. Carolina Ave.; 9 E. Carolina Ave.
Memphis, TN 38103
Permit Costs: $1.5 million; $1.5 million; $1.5 million; $1.5 million; $1.5 million; $1.5 million; $1.4 million

78. Florida Company Buys Multi-Tenant Building on U.S. 64 -

A local affiliate of Delray Beach, Fla.-based Belford Ventures has paid $3 million for the multi-tenant retail building at 7859 U.S. 64 (Stage Road) in Northeast Memphis.

The entity 7859 Stage LLC bought the 72,472-square-foot building in an Aug. 19 warranty deed from Memphis-based CM&W GP, a partnership composed of Phil Chamberlain, Jon McCreery and Jack Whitaker. That group bought the property in 2005 from SKN LLC for $2.5 million.

79. Building Permit Filed for Volvo of Memphis -

7910 Trinity Road
Cordova, TN 38018
Permit Cost: $2.3 million

Project Cost: $3.5 million
Permit Date: Applied August 2013
Completion: Summer 2014
Owner: Wenco Properties LLC
Tenant: Volvo of Memphis
Architect: Fleming Associates Architects PC
Contractor: Grinder, Taber & Grinder
Details: The ownership group of Volvo of Memphis has filed a $2.3 million building permit for the company’s new dealership at 7910 Trinity Road in Cordova.

80. Construction Loan Filed for Midtown Fred’s -

The developer of a 16,000-square-foot Fred’s Inc. retail store at 1290 Lamar Ave. in Midtown has filed a $1.7 million construction loan for the project.

81. Raleigh Sam’s Club Sells for $11.4 Million -

2150 Covington Pike
Memphis, TN 38128
Sale Amount: $11.4 million

Sale Date: June 25, 2013
Buyer: Realty Income Properties 25 LLC
Seller: Dune SC Sub II LLC
Details: The Sam’s Club at 2150 Covington Pike in Raleigh has sold for $11.4 million to a California investor.

82. Collierville Retail Center Owner Files $1.5 Million Loan -

The owner of the 43,585-square-foot retail center at 783 W. Poplar Ave. in Collierville has filed a $1.5 million loan on the property.

83. State Delays Office Lease Announcement -

Groups hoping to garner the state’s real estate needs Downtown will have to wait a little longer to find out if they placed the winning bid.

The state had originally planned to issue a notice of awarding the lease for its office space needs Tuesday, July 23, but that date has been changed to Aug. 19, when the executive subcommittee of the State Building Commission meets.

84. Drug Kingpin Petties Returns to Memphis -

Memphis drug kingpin Craig Petties has returned to the city after a brief stay in a federal prison transfer center in Oklahoma City.

85. Barnhart Buys Industrial Property for Expansion -

2085 W. E. Freeman Drive
Memphis, TN 38114

Sale Amount: $2.6 million

Sale Date: June 27, 2013

Buyer: Barnhart Crane and Rigging Co.

86. Five Groups Bid for State Office Space -

Five groups have submitted bids to become the new home to roughly 900 state workers.

JP-Memphis, Memphis Commerce Square Partners, Peabody Tower GP, Peabody Place Gold GP and Hertz Memphis all submitted bids for the state’s real estate needs.

87. Sycamore View Starbucks Sells for $1.1 Million -

The Starbucks coffee shop at 1615 Sycamore View Road in Northeast Memphis has sold for $1.1 million.

88. Jamesbridge Apartments Sell for $3.6 Million -

3689 James Road Memphis, TN 38128

Sale Amount: $3.6 million

Sale Date: June 6, 2013

89. Former Ike’s on Summer Sells for $2.7 Million -

4569 Summer Ave. Memphis, TN 38122

Sale Amount: $2.7 million

Sale Date: May 17, 2013

90. Ford Files Trust Deed for Sycamore View Property -

Former U.S. Rep. Harold Ford Sr. of Memphis has filed a $900,000 loan on the shopping center at 1670 Sycamore View Road in Northeast Memphis that he recently bought.

91. Cresthaven Medical Building Sells for $2.5 Million -

1068 Cresthaven Road Memphis, TN 38119

Sale Amount: $2.5 million

Sale Date: May 2, 2013

92. Nike Distribution Center Issued $4.4 Million Permit -

The city-county Office of Construction Code Enforcement has issued a $4.4 million mechanical permit for work on Nike Inc.’s North Memphis distribution center at 3100 New Frayser Blvd.

93. Oakhaven Warehouse Sells After Foreclosure -

4120 Air Trans Road, Memphis, TN 38118

Sale Amount: $2.5 million

Sale Date: May 7, 2013

94. Nike Files $3 Million Permit for Distribution Center -

Nike Inc. has filed a $3 million permit application with the city-county Office of Construction Code Enforcement for work on its North Memphis distribution center at 3100 New Frayser Blvd.

95. Georgia-Pacific Pays $1.5 Billion for Buckeye Technologies -

Memphis-based Buckeye Technologies Inc. is being bought by Georgia-Pacific LLC, the two companies announced Wednesday, April 24.

The deal, valued at approximately $1.5 billion, including debt, still faces regulatory approval. But the boards of both companies have signed off on terms that include Buckeye stockholders getting $37.50 per share.

96. Harold Ford Sr. Buys Sycamore View Property -

1670 Sycamore View Road Memphis, TN 38134

Sale Amount: $1.8 million

Sale Date: April 8, 2013

97. Harold Ford Sr. Buys Sycamore View Property -

Former U.S. Rep. Harold Ford Sr. of Memphis has paid $1.8 million for a shopping center at 1670 Sycamore View Road in Northeast Memphis.

98. 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.

99. FedEx Headquarters Building Sells for $22.6 Million -

942 S. Shady Grove Road Memphis, TN 38119

Sale Amount: $22.6 million

Sale Date: Feb. 21, 2013

100. FedEx Headquarters Building Sells for $22.6 Million -

The building that houses the corporate headquarters of FedEx Corp. at 942 S. Shady Grove Road in East Memphis has sold for $22.6 million.