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Editorial Results (free)

1. Dallas Company Buys Macon Road Center -

6100 Macon Road
Memphis, TN 38134
Sale Amount: $1.2 million

Sale Date: March 26, 2014
Buyer: PNL Cumberland LLC
Seller: Flagstar Bank FSB
Loan Amount: $862,500
Loan Date: April 1, 2014
Maturity Date: N/A
Lender: Pinnacle Bank
Details: An affiliate of Dallas-based The PNL Cos. has paid $1.2 million for the 30,000-square-foot shopping center at 6100 Macon Road in Northeast Memphis.

2. Food Recycler Buys Presidents Island Property -

ReConserve of Memphis Inc., the local affiliate of a California-based food recycling company, has bought the warehouse at 1495 Harbor Ave. on Presidents Island for $781,577.

3. Manufacturing Company Wins Tax Freeze -

Vanport, Pa.-based KMA Manufacturing won a tax incentive this week that will help the steel fabrication and manufacturing company add 25 new jobs and invest $1.8 million in personal property in Memphis.