4120 Air Trans Road, Memphis, TN 38118

Sale Amount: $2.5 million

Sale Date: May 7, 2013

2. Olymbec USA LLC Buys Again in Memphis - Saturday, March 02, 2013

Olymbec USA LLC has acquired 40,000 square feet of land and three small shed buildings totaling 12,000 square feet at 373 W. Brooks Road through a January auction from the Estate of George E. Smith for $50,600.

3. Olymbec USA LLC Buys Again in Memphis - Friday, March 01, 2013

Olymbec USA LLC has acquired 40,000 square feet of land and three small shed buildings totaling 12,000 square feet at 373 W. Brooks Road through a January auction from the Estate of George E. Smith for $50,600.

4. ‘Banner Year’ for Logistics Industry - Friday, December 28, 2012

Positive momentum far outweighed the negative in the local logistics and distribution industry during 2012, as city officials and business leaders continued elevating Memphis’s status as world logistics hub.

5. Brinkley Plaza Sells to Olymbec for $7.2 Million - Monday, October 29, 2012

Downtown’s Brinkley Plaza has sold for $7.2 million to a Canadian real estate investment firm.

Montreal-based Olymbec USA LLC, an entity of Olymbec Corporate Group, acquired the 219,557-square-foot tower at 80 Monroe Ave., its ground lease and the adjacent 300-space covered parking garage.

6. Brinkley Plaza Sells to Olymbec for $7.2M - Friday, October 26, 2012

Downtown’s Brinkley Plaza has sold for $7.2 million to a Canadian real estate investment firm.

Montreal-based Olymbec USA LLC, an entity of Olymbec Corporate Group, acquired the 219,557-square-foot tower at 80 Monroe Ave., its ground lease and the adjacent 300-space covered parking garage.

7. Lease Brings New Breed Footprint to 3 Million Feet - Friday, October 12, 2012

New Breed Inc. is enhancing its Memphis operations with a new distribution warehouse lease in the Southeast industrial submarket.

8. Lease Takes Appling Farms to Capacity - Friday, September 28, 2012

A distributorship of Pella Corp. has inked 11,300 square feet in Appling Farms Corporate Park, 6972 Appling Farms Parkway.

9. LSI Buys Flex Space to Expand - Friday, August 24, 2012

A northeast industrial flex warehouse in Appling Center Industrial Park has been snatched up by an expanding Bartlett-based engineering firm.

Larry W. Bailey, trustee of the Bailey Children’s Trust, bought the 30,397-square-foot facility and its 2.55 acres at 2756 Appling Center Cove for $1.5 million.

10. Raines Road Warehouse Sells for $2.3 Million - Tuesday, August 14, 2012

4049 E. Raines Road
Memphis, TN 38118

Sale Amount: $2.3 million

Sale Date: Aug. 3, 2012

11. Firms Make Investments in Memphis Distribution - Tuesday, July 10, 2012

In the past month, a pair of out-of-town firms have scooped up local distribution warehouses, growing its Memphis industrial real estate portfolio and planning for more.

Montreal-based Olymbec USA LLC recently closed on its $1.5 million purchase of 3615 Lamar Ave. from an entity affiliated with Miami-based loan servicer LNR Partners LLC.

12. Canadian Company Adds To Memphis Portfolio - Wednesday, July 04, 2012

A Canadian real estate investment group has purchased a 157,000-square-foot industrial warehouse in South Memphis for $1.5 million, marking the firm’s second Memphis acquisition in 18 months.

Montreal-based Olymbec USA LLC bought the Class C facility at 3615 Lamar Ave. from FUCMS 2001-C2 Lamar Industrial LLC, an entity affiliated with Miami-based loan servicer LNR Partners LLC.

13. Canadian Firm Acquires South Memphis Warehouse for $1.5M - Tuesday, July 03, 2012

A Canadian real estate investment group has purchased a 157,000-square-foot industrial warehouse in South Memphis for $1.5 million, marking the firm’s second Memphis acquisition in 18 months.

14. ‘Different Avenue’ - Monday, May 07, 2012

Rudy Williams always knew she wanted to work in a hospital, but after a short stint in community college and a few years in the workforce, the path to her goal was looking like a long haul.

So a little more than a year ago, she gave it another try, enrolling in the 60-week medical assisting program at Vatterott Career College’s campus near her home in Bartlett. Now, she’s getting ready for an externship in a local clinic that could lead to a job in her field.

15. Experience Helps Harckum Lead Versant, CSCMP - Monday, April 30, 2012

When supply chain executives from different businesses in Memphis get together, they talk about each other, said Glen Harckum, chairman of the local Council of Supply Chain Management Professionals.

16. Road Projects to Up Megasite’s Presence - Thursday, April 26, 2012

When state and local leaders formally opened the West Tennessee Solar Farm in Haywood County earlier this month, Tennessee Transportation Commissioner John Schroer had one of the biggest applause lines of the day.

17. Thorpe Products Inks New Deal On Democrat - Friday, April 06, 2012

Thorpe Products Co. is relocating its Memphis branch location to a site with higher ceiling heights and better proximity to its clients.

18. HSA Files $6M Loan for Airport Industrial Lots - Monday, April 02, 2012

Memphis Air Trans LP, an affiliate of Chicago-based HSA Commercial Real Estate, has filed a $6 million loan through The PrivateBank and Trust Co. for various lots in Airport Industrial Park Section L.

19. Foreclosure Notices Filed for Panattoni Land - Thursday, March 22, 2012

Vacant parcels on Holmes Road in Hickory Hill could be headed for a foreclosure sale after a group of borrowers that included Panattoni Development Co. leaders defaulted on multimillion-dollar construction loans, according to two first-run foreclosure notices in The Daily News Thursday, March 22.

20. 'In the Middle' - Friday, December 30, 2011

Memphis executives and business owners moving their goods around the world this year kept a close eye on international developments like the Arab spring and the Greek government’s fiscal crisis.

21. Holmes Road Acreage, Lots Sell for $1.6M in Foreclosure - Monday, December 26, 2011

Property on Holmes Road
Memphis, TN 38109

Sale Amount: $1.6 million

Sale Date: Nov. 18, 2011

Buyer: Renasant Bank

22. Roebuck to Auction Large Tracts of Land - Friday, December 23, 2011

Roebuck Auctions will conduct a land auction featuring large-acreage tracts in the Memphis area on Jan. 26 at 11:07 a.m. at 210 Quality Road in Byhalia.

23. FedEx-Leased Building Financed for $9.9M - Wednesday, December 21, 2011

Monmouth Real Estate Investment Corp. has filed a $9.9 million trust deed through First SunAmerica Life Insurance Co. for a warehouse at 5025 Tuggle Road occupied by FedEx Global Supply Chain Services Inc.

24. Stonebridge Apartments Sells for $22 Million - Tuesday, December 20, 2011

9135 U.S. 64 and 9225 U.S. 64
Memphis, TN 38016

Sale Amount: $21.9 million

Sale Date: Dec. 6, 2011

Buyer: AB Merion Stonebridge LLC

25. LNR Buys Warehouse at 3615 Lamar - Tuesday, December 13, 2011

FUCMS 2001-C2 Lamar Industrial LLC, an entity affiliated with Miami-based loan servicer LNR Partners LLC, has bought a warehouse at 3615 Lamar Ave. at a foreclosure auction for $1.6 million after borrower 3615 Lamar Partners LLC defaulted on a $3.7 million loan backed by the property. The limited liability company took out that loan through First Union National Bank in February 2001.

26. EPA Eases Boiler Rule; Health Benefits Unchanged - Monday, December 05, 2011

WASHINGTON (AP) – Facing criticism from industry and lawmakers, the Obama administration on Friday proposed easing rules aimed at reducing toxic air pollution from industrial boilers and incinerators.

27. Railroads Avert Looming Strike - Monday, December 05, 2011

NEW YORK (AP) – Railroads have cleared a major hurdle as the industry averted a looming strike, paving the way for growth ahead, analysts said Friday.

The freight rail industry announced late Thursday it has settled labor disputes with two unions and agreed to extend talks with a third. Without the agreements, the railway unions could have launched a strike as early as Tuesday, when a federal "cooling off" period was set to expire. The agreements came just hours after Republican House leaders said they would move to vote Friday on emergency legislation to prevent a work stoppage.

28. Railroads Avert Looming Strike - Friday, December 02, 2011

NEW YORK (AP) – Railroads have cleared a major hurdle as the industry averted a looming strike, paving the way for growth ahead, analysts said Friday.

The freight rail industry announced late Thursday it has settled labor disputes with two unions and agreed to extend talks with a third. Without the agreements, the railway unions could have launched a strike as early as Tuesday, when a federal "cooling off" period was set to expire. The agreements came just hours after Republican House leaders said they would move to vote Friday on emergency legislation to prevent a work stoppage.

29. National College Files $5.2M Permit For Thousand Oaks Spot - Tuesday, November 08, 2011

Plans are under way for a private college’s third brick-and-mortar location in Memphis.

National College/Corolla Management has filed a $5.2 million building permit with the city-county Department of Construction Code Enforcement for construction of a two-story college building for business medical and computer training at 2576 Thousand Oaks Cove, according to The Daily News Online, www.memphisdailynews.com.

30. National College Files $5.2M Permit for Thousand Oaks Spot - Monday, November 07, 2011

Plans are under way for a private college’s third brick-and-mortar location in Memphis.

National College/Corolla Management has filed a $5.2 million building permit application with the city-county Department of Construction Code Enforcement for construction of a two-story college building for business medical and computer training at 2576 Thousand Oaks Cove, according to The Daily News Online, www.memphisdailynews.com.

31. Capitoline Moves To SE Memphis Center - Friday, November 04, 2011

A Rome, Ga.-based surface components manufacturer is relocating its distribution facility to the Southeast Memphis industrial submarket.

Capitoline Products has signed a 23,500-square-foot lease at 5805 Advantage Cove, confirmed the firm’s co-owner, L.G. Smith. The company is currently located off Lamar Avenue.

32. JLS Enterprises Buys SE Market Warehouse - Friday, September 02, 2011

A 51,000-square-foot industrial building in the Southeast submarket has traded hands. JLS Enterprises LLC purchased 4021 Delp St. in Airport Industrial Park for $850,000. The warehouse currently houses Coca-Cola Enterprises Inc. and is 100 percent occupied.

33. Region Sees Logistics Assets Grow - Monday, August 22, 2011

Change is afoot with the area’s transportation and logistics industries. New developments in the region – from a proposed third bridge spanning the Mississippi River to a new multimillion-dollar intermodal facility – should keep transportation and logistics as the area’s bread-and-butter businesses.

34. 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.

35. Memphis' Parasol Awnings Wins Two SWIFA Awards - Friday, May 13, 2011

Memphis awning and canopy maker Parasol Awnings recently took first place honors for “new and unusual” and “industrial applications” at the annual convention for the Southwest Industrial Fabrics Association.

36. Dodging the Deluge - Friday, May 06, 2011

The last time the Memphis river gauge was this high, Memphis was a much different place. In 1937 when the Mississippi River at Memphis topped 48.7 feet, Mud Island was really an island with no levee connecting it to the city and the Wolf River flowing between it and the city proper. Parts of the city were still rural as was the county outside Memphis. Today’s suburban development was a long way off, and Millington was still a few years away from getting the Naval Air Station.

37. Memphis Pride Signs Lease At Trinity Ridge - Friday, May 06, 2011

An up-and-coming Mid-South cheer and tumbling company has signed a new lease to expand its business, a move that will benefit the facility’s students and parents alike.

Memphis Pride is relocating from a 5,000-square-foot space in Cordova Industrial Park to 16,080-square-foot lease at 7740 B Trinity Road, suite 126.

38. Q1 Commercial Landscape Sees Slow Start - Friday, April 29, 2011

Memphis’ commercial real estate landscape was off to a slow start during the first quarter of 2011, according to the latest CB Richard Ellis MarketView report.

Memphis’ office market saw very little change from the end of Q4 2010 for the office market.

39. WPG Americas Signs Lease in Southaven - Friday, March 18, 2011

A San Jose, Calif.-based worldwide electronics distributor is entering the Memphis area with full force.

WPG Americas Inc. has signed a 54,000-square-foot lease at Airways Distribution Center, 481 Industrial Drive, in Southaven. The project – a relocation of the WPG America’s New York facility – represents a $1.5 million investment by the company and will create 60 jobs over the next three years.

40. Family Dollar Signs 2 Leases for Stores - Friday, February 11, 2011

Family Dollar has signed a 12,000-square-foot lease at 2754 Lamar Ave. Shawn Massey, partner with The Shopping Center Group LLC, represented the tenant. Harold Blockman with Keller Williams Realty Inc. represented the landlord, Chong K and Dul S. Pae.

41. Yogurt Craze Continues with TCBY Store - Friday, January 21, 2011

A TCBY franchise has signed a 1,225-square-foot lease in University Center, 3445 Poplar Ave., at the southwest corner of Poplar and Highland Street.

42. Memphis Stands Tall as Logistics Industry Struggles - Wednesday, December 29, 2010

Although the aftermath of the recession was palpable across all industry sectors in 2010, Memphis continued to prove its status as a critical logistics and distribution center.

The year came to a close with a milestone in economic development when Swedish manufacturer Electrolux said it will build a $190 million manufacturing plant on 800 acres of land in the Frank C. Pidgeon Industrial Park in southwest Memphis.

43. Corner Park Complex Sells for $558K in Foreclosure - Tuesday, November 02, 2010

4150 Winchester Road
Memphis, TN 38118
Sale Amount: $558,000

Sale Date: Oct. 26, 2010
Buyer: City National Bank
Seller: City National Bank via Stewart Title of Memphis Inc.
Original Borrower: Alterra Corners LLC
Original Lender: City National Bank
Original Loan: $3.6 million
Original Loan Date: February 2007

44. $5.3M Permit Application Filed for Soulsville Charter School - Tuesday, September 28, 2010

1115 College St.
Memphis, TN 38106
Permit Amount: $5.3 million

Project Cost: $5.3 million for phase one
Permit Date: Applied September 2010
Completion: July 2011
Owner: Soulsville Foundation
Tenant: Soulsville Charter School
Contractor: Looney Ricks Kiss
Architect: Flintco Inc.

45. State Systems Promotes Safety with First Aid Division - Tuesday, September 07, 2010

Dave Tamburrino, director of warehouse operations at Kele Inc., a HVAC control products distributor in Bartlett, realized that having first aid kits on the walls was common sense.

46. IDB Approves 8-Year PILOT for Jabil - Friday, August 20, 2010

The Memphis-Shelby County Industrial Development Board has approved a new eight-year $1.6 million PILOT (payment in lieu of taxes) for Jabil Circuit Inc.

47. IDB Approves 8-Year PILOT for Jabil - Thursday, August 19, 2010

The Memphis-Shelby County Industrial Development Board has approved a new eight-year $1.6 million PILOT (payment in lieu of taxes) for Jabil Circuit Inc.

48. Raines Road Warehouse, Parcels in Foreclosure - Friday, July 23, 2010

The 146,300-square-foot warehouse at 4049 E. Raines Road along with four vacant parcels have been foreclosed and will be sold on the courthouse steps, according to a first-run foreclosure notice that appears in today’s print edition of The Daily News and also at The Daily News Online, www.memphisdailynews.com.

49. Browder Bets on Market Recovery - Tuesday, June 15, 2010

Reading the recovery of the commercial real estate market in the last year has been like picking a horse at the races with largely unknown odds, but Mack Browder is putting his money on an old favorite to pull through in the end.

50. South Carolina Distributor Expands to Memphis - Wednesday, May 05, 2010

Yet another company has been drawn to Memphis because of the city’s distribution infrastructure.

IPS Packaging, a Fountain Inn, S.C.-based wholesale packaging distributor, has leased 41,000 square feet in South Park Distribution Center at 4481 Pleasant Hill Road in Southeast Shelby County.

51. BNSF Opens New Rail Yard Site After Finishing Upgrades - Thursday, April 22, 2010

Memphis has long been a railroad town.

The city’s central location and the availability of other transport modes like the Mississippi River made it a popular choice with Class I railroads, five of which now have extensive intermodal and switching operations here.

52. The Cost of Progress - Monday, March 08, 2010

The development of Norfolk Southern Corp.’s $112 million intermodal yard on a former cattle ranch in Fayette County has polarized the community for more than a year.

53. Norfolk Woes? - Thursday, February 04, 2010

Norfolk Southern Corp. hasn’t laid down any of the track that will connect its main line to the proposed $112 million intermodal terminal in Rossville, but the company is laying down a foundation to keep the project on target to open in two years.

54. 2010 - Monday, January 04, 2010

Is it over yet? That may be the most frequently asked question in the New Year. “It” is the worst national economic recession since the Great Depression.

Accurately reading the indicators will not be easy. Some will predict the recession is about to end, just as new indicators point to continuing economic agony for thousands of Memphians.

55. Muller to Tout City’s Position For Shipping - Wednesday, November 25, 2009

Memphis’ role in the global supply chain is often underappreciated, but shippers moving auto parts from Yokohama to Yazoo City or electronics from Beijing to Birmingham understand this city’s importance.

56. Buffett’s Berkshire Buying Burlington Northern - Wednesday, November 04, 2009

NEW YORK (AP) – Warren Buffett’s Berkshire Hathaway Inc. on Tuesday agreed to buy Burlington Northern Santa Fe Corp., making a $34 billion bet on the future of the U.S. economy.

57. More Details, Concerns Emerge From Norfolk Southern Deal - Wednesday, October 28, 2009

Norfolk Southern Corp. has unveiled preliminary environmental data that will serve as the foundation of its proposed intermodal terminal in Fayette County, where cargo containers will be transferred between trucks and trains.

58. Florida Company Buys Oakhaven Warehouse - Tuesday, October 20, 2009

Hallowell Memphis LLC, an affiliate of Deerfield Beach, Fla.-based Hallowell Div. List Industries Inc., has bought the 64,000-square-foot warehouse at 4755 Burbank Road in Oakhaven/Parkway Village for slightly less than $1 million. The transaction closed Oct. 13, and the seller was The Acee Co. of Fort Smith, Ark.

59. BNSF Railway Preps for Intermodal Yard Opening - Wednesday, October 14, 2009

Evidence of Memphis’ importance to the intermodal industry can be seen throughout town, but nowhere is it more apparent than at the intersection of Lamar Avenue and Shelby Drive, where nine-story cranes now dominate the warehouse district’s industrial skyline.

60. Taking Off - Tuesday, October 13, 2009

Aviators attain flight and control the movements of their aircraft by precisely balancing the forces of lift, thrust, drag and gravity. The people piloting the aerotropolis initiative – the promotion of Memphis’ economy focused on the airport, other transportation assets and the connectivity among them – are negotiating their own set of physics in hopes of becoming airborne.

61. Taking Off - Monday, October 12, 2009

Aviators attain flight and control the movements of their aircraft by precisely balancing the forces of lift, thrust, drag and gravity. The people piloting the aerotropolis initiative – the promotion of Memphis’ economy focused on the airport, other transportation assets and the connectivity among them – are negotiating their own set of physics in hopes of becoming airborne.

62. CN’s Harrison Yard Elevates Railroad, Memphis - Monday, September 28, 2009

E. Hunter Harrison’s railroad legacy was cemented last week when Canadian National Railway Co. renamed its Johnston Yard freight car switching facility after him.

63. CN’s $100M Renovation Draws to a Close - Thursday, September 17, 2009

Canadian National Railway Co. next week will unveil the three-year, $100 million renovation to its Johnston Yard freight car switching facility in South Memphis. The railroad will commemorate its massive investment of time and money on Sept. 24 at 11 a.m. at the yard, 297 Rivergate Road, off Horn Lake Road.

64. Louisiana Investor Buys Arlington Retail Center - Tuesday, September 15, 2009

6050 Air Line Road
Arlington, TN 38002
Sale Amount: $1.8 Million

Sale Date: Sept. 2, 2009
Buyer: Southeast Investments LLC
Seller: Pleasant Place LLC, Waymon H. Welch, Danya Welch, Dawn Welch, Jon E. McCreery, Phillip Chamberlain

65. REIT Files Loan On Industrial Portfolio - Friday, September 11, 2009

Cobalt Industrial REIT II has filed a $4.8 million first deed of trust, security agreement and fixture filing for the industrial real estate portfolio it acquired late last year. The Malone Distribution Center is a 382,500-square-foot, three-building portfolio at 4260 and 4436 Malone Road and 4366 Pilot Drive.

66. Logistics Study: While in Good Shape, Memphis Must Stay on Toes - Wednesday, September 02, 2009

Preliminary findings of the “Memphis Regional Intermodal Infrastructure Assessment” reveal that Memphis is positioned well for the future thanks to a healthy network of transportation assets, but the city also needs to be wary of changing global supply trends that could leave it lagging behind peer cities.

67. FedEx Company Anticipates Recovery With Expansion - Wednesday, August 05, 2009

At a time when many companies are putting the brakes on large-scale projects, FedEx Global Supply Chain Services Inc. is undertaking a $1 million expansion and renovation of its warehouse at 5025 Tuggle Road in Oakhaven/Parkway Village, a facility it will fully occupy once the work is complete.

68. Stimulus Funds Allocated to Erase Neighborhood Blight - Tuesday, July 14, 2009

Bit by bit, it’s becoming clearer how millions of dollars in emergency federal money flowing to cities and agencies across the country will be used to repair Memphis neighborhoods ravaged by foreclosure and blight.

69. Fayette County Land Closer to Becoming Rail Hub - Monday, June 22, 2009

Norfolk Southern Corp.’s plan to develop a multimillion-dollar, multi-acre intermodal facility in Fayette County cleared a political hurdle Thursday night, moving the massive project one step closer to reality.

70. Collier Lincoln Mercury Dealership Sold Back to Bank - Tuesday, June 02, 2009

2177 Covington Pike
Memphis, TN 38128
Sale Amount: $2.5 Million

Sale Date: May 22, 2009
Buyer: First Tennessee Bank NA
Seller: LaToya L. Williams, substitute trustee

71. FedEx Warehouse Slated for Renovation - Tuesday, May 26, 2009

The FedEx Global Supply Chain Services Inc. warehouse at 5025 Tuggle Road in Oakhaven/Parkway Village will undergo a $1 million renovation, according to a building permit filed with the city-county Office of Construction Code Enforcement. The owner of the building, The Harbin Group, filed the permit last week.

72. Next Stop: Norfolk Southern’s intermodal plans take shape - Wednesday, March 18, 2009

The freight trains that rumble through Memphis are hard to ignore, especially the ones that parallel or bisect main thoroughfares and disrupt traffic. But even people who don’t cross railroad tracks during their commutes are likely to hear the distant blare of horns at some point during the day as locomotives make their way into and out of the city.

73. Norfolk Southern Wrangles With Detractors Over Expansion - Wednesday, February 04, 2009

Economic investment during a recession typically receives a wave of support, but Norfolk Southern Corp.’s tentative plan to develop a massive intermodal yard in Fayette County has been met with a groundswell of resistance.

74. BNSF Offers Express International Container Service - Wednesday, January 21, 2009

Already in the midst of a $200 million expansion to its Memphis intermodal yard near Lamar Avenue and Shelby Drive, BNSF Railway Co. is making another substantial investment in the city.

75. DeSoto Tops for Industrial Real Estate - Friday, January 09, 2009

Sale after sale, lease after lease, DeSoto County in 2008 retained its role as the area’s dominant player in industrial real estate with a host of high-profile transactions.

The submarket notched a metro-wide high of 1.1 million square feet in positive absorption in the third quarter of 2008, according to the most recent data from CB Richard Ellis. All year, however, DeSoto County saw big deals get inked as companies either moved into the area from outside the region or relocated to the county from Memphis.

76. Chicago Company Buys Again In Memphis - Tuesday, December 02, 2008

A Chicago real estate firm has bolstered its Memphis presence with another industrial acquisition, its fourth high-dollar deal in the past couple of years.

HSA Commercial Real Estate, operating locally as Memphis Air Trans LP, has bought the 342,860-square-foot, one-story warehouse at 4219 Air Trans Road for $8.4 million, proving that it remains bullish on this market.

77. Chicago Firm Buys Another Memphis Warehouse - Tuesday, November 25, 2008

4219 Air Trans Road
Memphis, TN 38118
Sale Amount: $8.4 Million

Sale Date: Nov. 5, 2008
Buyer: Memphis Air Trans LP
Seller: TC Air-T Industrial LLC
Loan Amount: $6.7 million
Loan Date: Nov. 5, 2008
Maturity Date: N/A
Lender: Union Bank of California NA

78. Commercial Real Estate Sales Bleak in October - Tuesday, November 25, 2008

Commercial real estate’s downward spiral continued in October, with sales falling by a third compared to the same month a year ago.

Just 64 commercial deals occurred in Shelby County last month, a 33.3 percent decline from 96 in October 2007, according to the latest data from real estate information company Chandler Reports, www.chandlerreports.com.

79. Memphis Air Trans LP Buys Warehouse for $8.4M - Thursday, November 20, 2008

Memphis Air Trans LP has bought a 342,860-square-foot, one-story warehouse at 4219 Air Trans Road for $8.4 million. The seller was TC Air-T Industrial LLC, which acquired the property in January 2007 for $5.8 million. Memphis Air Trans financed the purchase with a $6.7 million loan through Union Bank of California NA.

80. Kingaroy Holdings Buys Airport Area Warehouse - Monday, June 16, 2008

Kingaroy Holdings LLC, which formed its limited liability company charter in March, made its first purchase in May with the acquisition of a 5,000-square-foot warehouse at 5311 Republic Drive in the Parkway Village/Oakhaven area near Memphis International Airport.

81. Rasberry CRE Retools Real Estate Vision - Monday, January 28, 2008

Commercial real estate firm Lewis & Rasberry Realty has reconfigured and rebranded its business by morphing into a new entity called, simply, Rasberry CRE (Commercial Real Estate) for founding partner James Rasberry.

82. Archived Article - Tuesday, June 26, 2007

5539 Elvis Presley Blvd.
Memphis, TN 38116
Sale Amount: $3.1 million

Sale Date: June 8, 2007

Buyer: ArciTerra DG Memphis TN LLC

83. Parts & Parcel - Tuesday, June 12, 2007

Corporate executives from the Pull-A-Part chain of auto parts stores give the impression they consider "junkyard" a four-letter word.

Touting the company's new Memphis auto salvage yard that will be built over the next six months, senior vice president Steve Levetan described an environment-friendly, waste-reducing, do-it-yourself alternative to the typical junkyard.

84. Archived Article - Tuesday, April 24, 2007

18 buildings near
Memphis International Airport
Sale Amount: $42 million

Sale Date: April 9, 2007
Buyer: Inland American TN Distribution LLC
Sellers: ProLogis-North Carolina LP (14 properties); Dorothy Vea Polk, Lewie R. Polk III, Patricia Polk Boyd, Peggy Polk Kent and Janice Polk Thompson (four properties)

85. BNSF Railway Poised to Make Memphis Integral Part of System - Wednesday, April 18, 2007

BNSF Railway Co. has taken another step toward expanding its local footprint.

Last week the company filed a $2.1 million building permit to convert a vacant building into office space and locker rooms for employees, according to The Daily News Online, www.memphisdailynews.com

86. Archived Article - Tuesday, March 27, 2007

26 buildings in
Nonconnah Corporate Park
Sale Amounts: $30.6 million; $8.3 million

Sale Date: Feb. 22, 2007

87. Flights of Fancy - Wednesday, March 14, 2007

Thirty years ago, the municipal governments of Memphis and Shelby County launched the Center City Commission to kick start the revitalization of Downtown Memphis.

Within the following two years, The Pier restaurant opened, a package of incentives was crafted to aid the renovation of The Peabody Hotel and the second phase of The Orpheum Theatre renovation was finished. And today, far removed from the ghost town it used to be, Downtown is the site of more than $3 billion in development projects the CCC is coordinating.

88. HEHFB PILOTs Often Fly Under Radar Of Public Perception - Tuesday, December 19, 2006

In Memphis, a payment-in-lieu-of-taxes (PILOT) freeze typically is associated with a large corporation opening an office or plant.

While the Memphis and Shelby County Industrial Development Board (IDB) is in charge of issuing such tax breaks, the Center City Commission also grants PILOTs for commercial real estate development Downtown.

89. Villas Development Expected to Inject Vitality Into South Memphis - Tuesday, October 24, 2006

Memphis' 6th District is undeniably Ford territory.

Along four-lane New Horn Lake Road between West Mitchell and Brooks roads, nearly every other house boasts a Harold Ford Jr. for U.S. Senate sign in the front yard, as cars with Ford stickers placed prominently on their rear windows zoom past.

90. Alternative Fuels Gain Momentum in Memphis - Monday, July 24, 2006

Once almost unheard of in the area, the biofuels industry is starting to sprout in Memphis, with three companies in various stages of development.

Memphis Biofuels LLC July 11 announced it would expand by building a 36-million-gallon-per-year biodiesel production facility at 2227 Deadrick Ave.

91. Archived Article - Tuesday, July 18, 2006

6420 Knight Arnold Road Ext.
Memphis, TN 38115
Sale Amount: $14.8 million

Sale Date: June 30, 2006

92. Cabot Properties BuysLamar Avenue Warehouses - Thursday, July 13, 2006
    Cabot II-TN1M01-M02 & W01-W06 has bought two warehouses on 5.28 acres at 4519 Lamar Ave. from EastGroup Properties LP for $3.1 million. One building has 11,936 square feet of warehouse space and a 2,512-square-foot office. The

93. Archived Article - Wednesday, May 31, 2006

TDN: Tell me a bit about your new facility - location, size, how many classes it will facilitate, etc.

KST: The location is on York Avenue between Meda and Young just north of the Urban Arts Commission/Cooper-Young trestle bridge. We think of it as a gateway into Cooper-Young. It is currently 11,000 square feet, but will have 14,000 square feet of useable space once complete. We will be able to triple our capacity for classes, operate a core program for students on a professional track, add community and adult classes and host other local dance groups that require a space with quality floors for safety and more room than they currently have access to. Pilates Central will operate a full service Pilates studio upstairs. NBE is a stakeholder in Heart of the Arts in partnership with Playhouse on the Square. We are two minutes down the street from the new theater location, where we will be able to rent performance space.

94. Events - Tuesday, December 20, 2005

The Memphis Bar Association presents "Long Term Care: Making Informed Decisions" from noon to 1 p.m. today in the MBA conference room at the SunTrust Bank Building, One Commerce Square, Suite 1050. Call 527-3573 or visit www.memphisbar.org.

95. Memphis Advertising Federation Hosts 2006 ADDY Briefing - Monday, December 19, 2005

Dec. 19

The Memphis Bar Association Criminal Law Section presents a session on criminal appeals from 1 p.m. to 2:30 p.m. at the Shelby County Courthouse, Criminal Court Division 8. Cost is $25. Call 527-3573 or visit www.memphisbar.org to register.

96. Archived Article - Tuesday, November 15, 2005

Four parcels
in Memphis
Cost: $8.3 million

Buyer: Maruti Somerset Park LLC

Seller: Tarragon Lake Point Partnership

97. BNSF Moves on Expansion Plans - Wednesday, August 24, 2005

Memphis, already firm in its status as a national transportation hub, is on the verge of another major transport industry development. Burlington Northern Santa Fe is moving forward with a planned expansion of its railway facility at Shelby Drive and Lamar Avenue.

98. Archived Article: Daily Digest - Wednesday, May 11, 2005
BNSF Railway Buys

BNSF Railway Buys

Property for $2.2 Million

BNSF Railway Co. has purchased 6.92 acres at 4646 Lamar Ave. near Outland Road from John H. Nabors and Katherine J. Nabors for $2.2 million. The property, part of an assemblage t...

99. Archived Article: Real Recap - Tuesday, April 06, 2004
STACEY On the second one down, I used the term Peabody Place Centre Condominium etc

Greystar Refinances Preserve at Southwind 7991 Capilano Drive

Memphis, TN 38125

Cost: $17.1 million

Borrower: Southwind Multifamily LP

Lender: Metropo...

100. Archived Article: Idb (lead) - Tuesday, April 15, 2003
Hewlett-Packard expansion proposes 600 jobs

Hewlett-Packard expansion proposes 600 jobs

By BRYAN MASSEY

The Daily News

With its eye on 2 million square feet of new assembly and distribution space for its Memphis operations, Hewlett-Packa...