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Editorial Results (free)
1. Airport Business Park Sells for $4.7 Million
- Tuesday, January 27, 2015
A group affiliated with a Dallas-based commercial real estate financing company has acquired Airport Business Park at a significant discount.
CRE ABP Memphis LLC, which is affiliated with Dallas-based Gearing Capital Partners Inc., bought Airport Business Park from Allegiance Realty Corp. for $4.7 million, according to a Jan. 21 warranty deed.
2. U of M Files Permit for New Residence
- Tuesday, February 26, 2013
3615 Central Ave. Memphis, TN 38111
Permit Cost: $43.5 million
Project Cost: $53 million
3. Changing Market
- Wednesday, January 02, 2013
Much of 2012’s commercial real estate deals could be summed up in one of three phrases: speculative construction, institutional buyers and unusual transactions.
The first quarter was kicked off when Industrial Developments International Inc. revealed plans to add one build-to-suit and two speculative buildings in its Crossroads Distribution Center in Olive Branch – marking the area’s first spec construction since 2008.
4. Makowsky Ringel Greenberg Beefs Up Commercial Team
- Tuesday, December 18, 2012
Makowsky Ringel Greenberg LLC is sharpening the focus of its commercial real estate division to stabilize its existing portfolio as well as build its third-party brokerage in the Memphis market.
5. J.C. Penney Gets Rid of Hundreds of Sales
- Thursday, January 26, 2012
NEW YORK (AP) – J.C. Penney is permanently marking down all of its merchandise by at least 40 percent so shoppers no longer have to wait for sales to get bargains.
Penney said Wednesday that it is getting rid of the hundreds of sales it offers each year in favor of a simpler approach to pricing. Starting on Feb. 1, the retailer is rolling out an "Every Day" pricing strategy with much fewer sales throughout the year.
6. Tubing Maker Doubles Space in Willow Lake
- Friday, December 16, 2011
A Memphis-based tubing supplier is renewing its lease and more than doubling its space in a distressed Hickory Hill industrial park.
Jacob Tubing LP – the U.S. subsidiary of European modular tubing manufacturer Jacob Soehne – has renewed its 10-year lease for 20,232 square feet and expanded into an additional 30,000 square feet at Willow Lake Business Park, 3948 Willow Lake Blvd., in the Southeast industrial submarket.
7. Trinity Place Sells For Third Time In Five Years
- Friday, July 08, 2011
A Cordova retail center is under new ownership for the third time in five years. Atlanta-based Altus Real Estate Advisors LLC has purchased Trinity Place, 7990 Trinity Road, for $2.8 million.
8. BofA Could Eventually Cut 10 Pct of Branches
- Wednesday, July 29, 2009
CHARLOTTE, N.C. (AP) - Bank of America Corp. could eventually shrink its 6,100-branch network by about 10 percent as consumers utilize other methods of banking, a company spokesman said Tuesday.
9. Credit Crunch Crimps Commercial Development
- Wednesday, July 23, 2008
With a vision of transforming downtown Seattle, the Clise family spent more than a century buying up key pieces of land. But the credit chaos has forced Al Clise to postpone his plans for a grand, 13-acre commercial and residential development.
10. Real-Estate Brokers Take a Real Bruising
- Thursday, August 23, 2007
Brokerage firms have prospered along with commercial-real-estate markets in the past few years, reaping record profits.
But over five weeks, shares of the biggest firm, CB Richard Ellis Group Inc., have plunged 30 percent as the credit mess leads investors to predict a severe slowdown in property sales and worry that an economic slowdown could hurt leasing. Yet, some analysts and investors believe that the selloff went too far.
11. Archived Article
- Tuesday, May 29, 2007
15 buildings in
Bartlett Industrial Park
Sale Amounts: $20.7 million; $9.4 million; $2.9 million; $1.5 million; and $1.2 million
Sale Date: May 17, 2007
12. California Investment Co. BuysBartlett Industrial Park for $36M
- Wednesday, May 23, 2007
A California-based private real estate investment company has bought McNeill Investment Co.'s 15-building portfolio in Bartlett Industrial Park for $35.8 million.
Bartlett Logistics One
13. Archived Article
- Tuesday, May 15, 2007
6525 N. Quail Hollow Road
Memphis, TN 38120
Sale Amount: $17.5 million
Sale Date: April 27, 2007
Buyer: Memphis-NCR LLC
14. Archived Article
- Tuesday, February 27, 2007
Airport Business Park
North of Democrat Road
Sale Amount: $13.8 million
Sale Date: Feb. 21, 2007
15. Airport Business ParkSells for Nearly $14 Million
- Monday, February 26, 2007
A real estate investment firm based in Charlotte, N.C., has entered the Memphis market with the purchase of Airport Business Park.
Allegiance Realty Corp., under the names Airport Busin
16. Archived Article
- Tuesday, February 13, 2007
3800-3810 Hacks Cross Road
Memphis, TN 38125
Sale Amount: $6.9 million
Sale Date: Jan. 24, 2007
17. Triple Net PropertiesBuys Lenox Park
- Tuesday, January 09, 2007
Triple Net Properties LLC, a Santa Ana, Calif.-based investment firm, has bought the Lenox Park office complex near Kirby Parkway and Tenn. 385 from limited liability companies affiliated with local development company C
18. Archived Article: Real Review
- Tuesday, November 16, 1999
Real Review 11-16-99 Clark & Clark completes sale of 717 White Station Road By LAURIE JOHNSON The Daily News Local real estate firm Clark & Clark completed the sale last week of its building at 717 White Station Road to a locally based priva...
19. Archived Article: Real Briefs
- Tuesday, May 04, 1999
Mid-America Apartment Communities Cornerstone Suburban Office LP, a Hartford, Conn.-based real estate investment company, has sold its 123,265-square-foot Lakecrest II office building to LaSalle Advisors Capital Management Inc. LaSalle also owns Lak...
20. Archived Article: Lasalle Acquisition Lj
- Friday, July 11, 1997
By LAURIE JOHNSON LaSalle Advisors buys two Memphis office properties By LAURIE JOHNSON The Daily News One of the countrys largest real estate service and investment groups has closed a $22 million deal for two office properties in Memphis. LaSalle ...