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Editorial Results (free)

1. CubeSmart Sells Storage Facility for $7.9 Million -

2700 Poplar Ave.
Memphis, TN 38112
Sale Amount: $7.9 million

Sale Date: Nov. 4, 2013
Buyer: WCP/DSSH Holdings 16 LLC
Seller: CubeSmart LP
Details: Wayne, Va.-based self-storage real estate investment trust CubeSmart LP has sold the U-Store-It facility at 2700 Poplar Ave. in the 38112 ZIP code for $7.9 million.

2. CubeSmart Sells Storage Facility for $7.9 Million -

Wayne, Va.-based self-storage real estate investment trust CubeSmart LP has sold the U-Store-It facility at 2700 Poplar Ave. in the 38112 ZIP code for $7.9 million.

3. CubeSmart Sells Memphis Storage Portfolio for $31.3 Million -

Wayne, Va.-based self-storage real estate investment trust CubeSmart LP has sold 10 local storage facilities to affiliates of Emeryville, Calif.-based Devon Self Storage Holdings LLC.

4. Site Work for St. Jude Tower Part of Permit Application -

315 Danny Thomas Place
Memphis, TN 38105

Permit Cost: $5 million

Project Cost: $190 million

5. $1.5 Million Loan Filed For Future Vantage Point Golf -

Future Vantage Point Golf Center

Loan Amount: $1.5 million

Loan Date: Feb. 28, 2012

Maturity Date: March 1, 2037

Borrower: Vantage Point Holdings LLC

6. Getwell Storage Sites Sell for $3.7 Million -

Texas-based TP Getwell Self Storage Ltd. has bought self-storage facilities on about 12 acres at 2700 Getwell Road and 2706 Getwell Road from Getwell Self Storage LLC for $3.7 million, financing the purchase with a $2.8 million trust deed through Texas Capital Bank NA.

7. Spirco Adapts to Changing Economy -

Barry Sims is the president of Metal Building Products Inc., which offers metal building items along with contracting services to Memphis and the Mid-South area.

8. Renovations Begin at Pinnacle Headquarters -

40 S. Main St.
Memphis, TN 38103
Permit Amount: $8.7 Million

Project Cost: $8.7 million
Permit Date: Applied February 2011
Owner: Memphis Commerce Square Partners
Tenant: Pinnacle Airlines Corp.
Contractor: Grinder, Taber & Grinder Inc.

9. Mississippi LLCs Finance Three Self-Storage Sites -

Three limited liability companies affiliated with Gulfport, Miss.-based Tellus Equity GP have financed self-storage facilities the LLCs bought last year. All the loans were taken out through Standard Insurance Co. with a maturity date in March 2036.

10. DriveTime Car Sales Buys Former Bud Davis Dealership -

2177 Covington Pike
Memphis, TN 38128
Sale Amount: $1.3 million

Sale Date: Aug. 13, 2010
Buyer: DriveTime Car Sales Co. LLC
Seller: First Tennessee Bank NA

11. Mississippi Company Buys Storage Facility on Raines -

A Gulfport, Miss., company has bought a third self-storage facility, this one at 6504 Raines Road near the northwest corner of Kirby Parkway and Raines Road.

12. Methodist Le Bonheur Healthcare Buys Sutherland Cardiology Clinic -

7460 Wolf River Blvd.
Germantown, TN 38138
Sale Amount: $13.3 Million

Sale Date: July 1, 2010
Buyer: Methodist Healthcare-Memphis Hospitals
Seller: The Sutherland Cardiology Clinic Rental Co. LLC

13. Mississippi Co. Buys Two Self-Storage Facilities -

A Gulfport, Miss.-based company has bought two Memphis self-storage facilities for a total $2.9 million.

Northwest and Southern Self Storage Partnership sold its facility at 3891 Thomas St. to TSRE III Northwest LLC for $1.5 million. The purchase was financed with a $1.1 million loan through Virtus Storage Investment III LP. The same seller sold its 4740 Getwell Road facility to TSRE III Southern LLC for $1.4 million. It was financed through Virtus for $1 million.

14. New Building Slated for Hickory Hill Dialysis and Vascular Surgery Center -

6490 Mount Moriah Road Ext.
Memphis, TN 38115
Permit Amount: $1.1 Million

Project Cost: $1.1 million
Permit Date: Applied June 2009
Completion: Autumn 2009
Owner: DH MR Partners
Tenant: Mid-South Nephrology Consultants
Contractor: S. Webster Haining & Co.
Architect: Christopher Kidd & Associates LLC

15. Commercial Real Estate Slump Continues -

The start of spring brought the first sign of hope in the commercial real estate market.

But while March sales showed a decent gain over the previous month, the numbers were significantly down compared to the same month a year ago.

16. World Overcomers Buys Hickory Ridge Mall Macy’s -

6001 Winchester Road
Memphis, TN 38115
Sale Amount: $1 Million

Sale Date: Feb. 26, 2009
Buyer: World Overcomers Outreach Ministries Inc.
Seller: Macy’s Retail Holdings Inc.

17. Storage Portfolio Sells for $2.4 Million -

A collection of limited liability companies called the Northwest and Southern Self Storage Partnership has bought two self-storage facilities for $2.4 million from 4Guys LLC, which developed the properties in the 1990s. The portfolio includes the Southern Self Storage facility at 4740 Getwell Road in the Oakhaven/Parkway Village area and the Northwest Self Storage facility at 3891 Thomas St. in Frayser.

18. Archived Article -

Five addresses
In Millington
Loan Amount: $7 million

Loan Date: July 25, 2007

Maturity Date: July 25, 2008

19. Texas-Based CompanyBuys Devon Self Storage -      Addison, Texas-based Watson & Taylor Management Inc., in partnership with Highlander Partners LLC, has bought the Devon Self Storage at 2700 Getwell Road for $2.2 million. The buyers worked under the name Getwell Self St

20. Archived Article -

4684 Poplar Ave.
Memphis, TN 38117
Sale Amount: $3.6 million

Sale Date: May 17, 2007

Buyer: CREX-NTP LLC