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Editorial Results (free)

1. Aren Investments Buys Winchester Haverty’s -

6870 Winchester Road
Memphis, TN 38115
Sale Amount: $1.1 million

Sale Date: June 2, 2014
Buyer: Aren Investments LLC
Seller: Kirsch Associates LP
Loan Amount: $850,000
Loan Date: June 2, 2014
Maturity Date: Nov. 15, 2015
Lender: BancorpSouth Bank
Details: Local real estate investment firm Aren Investments LLC has paid $1.1 million for the Haverty’s furniture store at 6870 Winchester Road in Hickory Hill.

2. Essex Signs Two Leases For Discount Store Locales -

A Nashville-based discount retailer has entered the Memphis market in full force, inking two leases totaling 77,301 square feet.

Essex Bargain Hunt has leased 35,767 square feet at 590 N. Germantown Parkway and 41,534 square feet at 5124 Summer Ave. Kemp Conrad and Neely Mallory IV of Cushman & Wakefield/Commercial Advisors LLC represented the tenant in both transactions.

3. Southland Sells Parcels To Bank For $1 Million -

A Downtown property that real estate investor Terry Lynch once planned for residential and retail space was sold back to the lender for slightly less than $1 million.

4. Foreclosure Set for Lots In The Market at Riverdale Bend -

A first-run foreclosure notice appears on Page 32 of today’s edition of The Daily News and at The Daily News Online, www.memphisdailynews.com, for three parcels in The Market at Riverdale Bend.

5. Archived Article -

Four parcels
in Memphis
Cost: $8.3 million

Buyer: Maruti Somerset Park LLC

Seller: Tarragon Lake Point Partnership