Editorial Results (free)
1.
Whitehaven View Apartments Sell for $1.6 Million -
Wednesday, March 27, 2013
Saddle Vineyards LP has paid $1.6 million for the 128-unit Whitehaven View apartment complex at 1594 E. Holmes Road.
2.
Realty Income Corp. Buys Herbalife Facility -
Tuesday, January 15, 2013
5025 Crumpler Road Memphis, TN 38141
Sale Amount: $16.6 million
3.
Millbranch Properties Buys Germantown Office Complex -
Friday, January 11, 2013
A Memphis-based company called Millbranch Properties LLC has paid $1.2 million for the multi-building office complex at 8590 Farmington Blvd. in Germantown.
4.
Corporate Avenue Building Sells for $1.2 Million -
Tuesday, November 06, 2012
1721 Corporate Ave. Memphis, TN 38132
Sale Amount: $1.2 million
Sale Date: Oct. 26, 2012
5.
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
6.
Farrisview Freight Terminal Sells for $1.7 Million -
Tuesday, May 15, 2012
2727 Farrisview Blvd.
Memphis, TN 38118
Sale Amount: $1.7 million
Sale Date: April 27, 2012
7.
4 Family Dollar Stores in $5.8M Sale-Leaseback -
Friday, May 11, 2012
Affiliates of Phoenix-based Cole Real Estate Investments have bought four Class B Family Dollar stores through a $5.8 million sale-leaseback with Family Dollar Stores of Tennessee Inc.
8.
Highland Meadows Sells for $5.5 Million -
Tuesday, May 01, 2012
5045 Airways Blvd.
Memphis, TN 38116
Sale Amount: $5.5 million
Sale Date: April 25, 2012
9.
Drexel Buys Presidents Is. Warehouse -
Friday, January 27, 2012
A longtime Memphis-based agricultural chemical provider has snatched up a warehouse on Presidents Island, where it already has a strong presence.
Drexel Chemical Co. purchased the 137,526-square-foot former manufacturing and distribution facility on 12 acres at 2070 and 2071 Channel Ave. on Presidents Island from HPD Properties LLC for $810,000, or $5.89 per square foot.
10.
CBRE Brokers Sale of 2 Apt. Complexes -
Wednesday, January 25, 2012
CB Richard Ellis Memphis closed two multifamily properties in early January – Oakshire and Summer Trace Apartments.
Tommy Bronson III and Blake Pera with CBRE Memphis’ multifamily division represented LILO LLC in the sale of Oakshire to Memphis Bell LLC.
11.
City Files $12M Permit Application For Mitsubishi Plant Infrastructure -
Monday, January 16, 2012
2865 Riverport Road
Memphis, TN 38109
Permit Cost: $12.1 million
Permit Date: Applied January 2012
12.
Nike Adds 400K Square Feet To Local Portfolio -
Friday, July 29, 2011
The world’s largest maker of athletic gear has signed a lease in Memphis’ Southeast industrial submarket to handle its newly acquired NFL contract.
Nike Inc. inked a 400,000-square-foot warehouse lease in Centerpointe Distribution Center No. 1, 3461 E. Raines Road. Built in 1994, the property, owned by San Francisco-based Prologis Inc., features 38 dock doors and an 11,687-square-foot office space component.
13.
Renovations Begin at Pinnacle Headquarters -
Tuesday, March 01, 2011
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.
14.
Greenbrier Gets Loan for Downtown Project -
Tuesday, October 12, 2010
436 S. Front St.
Memphis, TN 38103
Loan Amount: $2.1 million
Loan Date: Sept. 30, 2010
Maturity Date: n/a
Borrower: Greenbrier Partners LLC
Lender: Southern Bancorp Bank
15.
Gill Enterprises Sells Land to CVS for Cordova Pharmacy -
Tuesday, August 03, 2010
786 N. Germantown Parkway
Cordova, TN 38018
Sale Amount: $2.2 Million
Sale Date: July 28, 2010
Buyer: CVS 6628 TN LLC
Seller: Gill Enterprises GP
16.
Ohio-Based Company Buys Land Slated for Strayer University Campus -
Tuesday, July 13, 2010
7275 Appling Farms Parkway
Memphis, TN 38133
Sale Amount: $603,788
Sale Date: July 6, 2010
Buyer: Se Testa Memphis LLC
Seller: Belz Investment Co. LP
17.
Raleigh Apartments Follow Foreclosure Trend -
Thursday, September 10, 2009
The foreclosure crisis has claimed another multimillion-dollar commercial victim, this one the 432-unit Jamesbridge apartments in Raleigh.
A first-run foreclosure notice against the multifamily complex’s owner begins on Page 42 of today’s print edition of The Daily News and also at The Daily News Online, www.memphisdailynews.com.
18.
Contractor Begins Work On Memphis Animal Services Facility -
Tuesday, September 08, 2009
2350 Appling Cove
Memphis, TN 38133
Permit Amount: $7.2 Million
Project Cost: $7.2 million
Permit Date: Applied September 2009
Completion: Fall 2010
Owner: City of Memphis
Tenant: City of Memphis Animal Services
Contractor: Barnes & Brower Inc.
Architect: Askew Nixon Ferguson Architects
19.
Lit Refrigeration Set to Bring ‘Jr.’ Version of Store to Whitehaven -
Tuesday, September 01, 2009
1665 Winchester Road
Memphis, TN 38116
Sale Amount: $500,000
Sale Date: Aug. 18, 2009
Buyer: Noble Partners Winchester LLC
Seller: Remark Chism
Loan Amount: $400,000
Loan Date: Aug. 18, 2009
Maturity Date: N/A
Lender: SunTrust Bank
20.
Commercial Real Estate Pocked by Financial Ruins -
Monday, August 03, 2009
Commercial real estate deals used to be hammered out in boardrooms, but with the rise of foreclosures in that sector, many of them are now being negotiated at the courthouse.
The steps of the Shelby County Courthouse proved to be a hot spot for high-dollar, high-profile commercial deals in June, a month that saw the most lucrative transaction and two of the top three sales occur following foreclosures.
21.
Winbranch Apartments Sold Following Foreclosure -
Tuesday, June 23, 2009
3595 Millbranch Road
Memphis, TN 38116
Sale Amount: $4 Million
Sale Date: June 4, 2009
Buyer: LBUNS 2004-C4 Millbranch Road LLC
Seller: Ronald G. Steen Jr., successor trustee
22.
Winbranch Apartments Sold After Foreclosure -
Tuesday, June 16, 2009
The 460-unit Winbranch Apartments at 3595 Millbranch Road in Whitehaven sold June 4 for $4 million in a successor trustee’s sale following a foreclosure. The sprawling multifamily complex sold on the Shelby County Courthouse steps to an entity called LBUNS 2004-C4 Millbranch Road LLC, which is a local affiliate of Miami-based LNR Partners Inc.
23.
Work to Begin Soon On U of M’s ‘Penny’ Hall of Fame -
Tuesday, May 05, 2009
570 Normal St.
Memphis, TN 38152
Permit Amount: $2.9 Million
Project Cost: $2.9 million
Permit Date: Applied April 2009
Completion: Summer 2010
Owner: University of Memphis Foundation
Tenant: University of Memphis
Contractor: Patton & Taylor Enterprises LLC
Architect: Evans Taylor Foster Childress Architects
24.
Whitehaven Apartments Sold Back to PAR -
Tuesday, April 14, 2009
A back-and-forth sales saga continues for the Shelby Pines Apartment Homes complex at 1740 Bender Road in Whitehaven, which has been sold for $1.2 million to PAR Investments LLC. The seller was AFI Properties LLC, which had bought the property – formerly known as Casa Guadalupe and Southwinds – from PAR in August, also for $1.2 million.
25.
Transformation of 109-Year-Old Downtown Building Moves Forward -
Tuesday, March 31, 2009
59 S. Main St.
Memphis, TN 38103
Permit Amount: $1.5 Million
Project Cost: $2 million
Permit Date: Applied March 2009
Completion: Varies
Owner: Frix Properties
Tenant: Mixed (Frix-Jennings Clinic, coffee shop, apartments)
Contractor: Frix Properties
26.
General Dollar Store Slated for Millbranch -
Friday, March 27, 2009
Coldwater, Miss.-based Ware Properties LLC has filed a $485,000 permit application with the city-county Office of Construction Code Enforcement to build a Dollar General store at 4546 Millbranch Road in Whitehaven. The 9,014-square-foot store will sit on 1.15 acres along the east side of Millbranch, north of East Shelby Drive.
27.
Diamond Int’l To Expand -
Thursday, March 05, 2009
Change is coming to the northeast corner of East Brooks and Millbranch roads in Whitehaven, where Diamond International Trucks Inc. will double its size by taking over the former Chuck Hutton Toyota dealership.
28.
Apartments Sold In $21M Trustee’s Sale -
Monday, December 01, 2008
The New Horizon Apartments, a 933-unit community at 3578 Millbranch Road and 1767 Winchester Road, has sold for $21.4 million in a trustee’s sale to Wells Fargo NA. The sale closed Nov. 20, and the seller was Spencer Clift, trustee for the Health, Education and Housing Facility Board of the city of Memphis.
29.
Barboro Alley Flats Construction to Begin Oct. 1 -
Tuesday, September 02, 2008
100 S. Main St.
Memphis, TN 38103
Permit Amount: $5.5 Million
Project Cost: $18.2 million
Permit Date: Applied August 2008
Completion: 2010
Owner: 100 South Main Partners
Tenant: TBA
Contractor: Montgomery Martin Contractors LLC
Architect: Looney Ricks Kiss Architects Inc.
30.
Whitehaven Apartments Have Another Owner -
Wednesday, August 27, 2008
The Southwinds apartment complex at 1740 Bender Road in Whitehaven has its third owner in fewer than nine months now that AFI Properties LLC has acquired the multifamily complex for $1.2 million from Par Investments.
31.
ProLogis to Begin Rehab On Hickory Hill Warehouse -
Tuesday, July 01, 2008
5700 Challenge Drive
Memphis, TN 38115
Permit Amount: $1.1 Million
Project Cost: N/A
Permit Date: Applied June 2008
Completion: End of 2008
Owner: ProLogis
Tenant: ProLogis
Contractor: The Conlan Co.
Details: Denver-based ProLogis has filed a permit application to rebuild the foundation of its warehouse at 5700 Challenge Drive. The building, in the Memphis Distribution Center near Raines and Hickory Hill roads, was damaged in the Feb. 5 storms that ripped through the industrial section of Southeast Memphis.
32.
Whitehaven's Hillcrest Apartments Gets $2M+ Makeover -
Tuesday, September 25, 2007
1370 Raines Road
Memphis, TN 38116
Sale Amount: $3.8 million
Sale Date: Sept. 1, 2007
33.
NY Company Brings Brisk Pace To Whitehaven Developments -
Friday, July 06, 2007
Monday morning was a whirlwind for New York developer George Fakiris.
Though Fakiris wasn't in town, his company Apollon Group LLC within a short span opened the sales office for one of its Whitehaven apartment-turned-condominimum properties and began construction on another.
34.
Give 'Em Credit: Teachers' Credit Union Official Says New Branches Will Keep It Competitive -
Tuesday, December 19, 2006
New MATCU Branches on
Union Avenue and White Station Road
Project Cost: Not released
Permit Date: Dec. 4, 2006
35.
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.
36.
Millbranch Road HotelSells for $3.3 Million -
Friday, November 04, 2005
VJBP Hotels LLC has purchased a three-story hotel at 3005 Millbranch Road from Diplomat Development Co. for $3.3 million. The 102-unit hotel, built in 1986, sits on 1.95 acres in Ferrell Industrial Park. The property was sold to Diplomat by La Quinta37.
Archived Article -
Tuesday, August 02, 2005
3865 Kirby Parkway
Memphis, TN 38115
Cost: $6.5 million
Buyer: SATCA Ltd.
Seller: Wells Fargo Bank NA
Property: Property at 3865 Kirby Parkway near Deer Forest Drive.
38.
Archived Article: Real Recap -
Tuesday, October 19, 2004
Three lots on Knight Arnold Drug Treatment Center Buys Knight Arnold Property
Parcels on Knight
Arnold and vacant lots
Cost: $2.4 million
Buyer: Cocaine and Alcohol Awareness Program Inc., CAAP
Seller: BJS Associates
Property: V...
39.
Archived Article: Real Recap -
Tuesday, October 12, 2004
Millington Telephone Co Millington Telephone Co. Finances Land in Four Counties
Land in four
Tennessee counties
Cost: $8.1 million
Borrower: Millington Telephone Co. Inc.
Lender: The United States of America, Rural Utilities Servic...
40.
Archived Article: Real Recap -
Tuesday, October 05, 2004
Recap has nine entries so far because I dont have a feature interview yet FaxonGillis Prepares to Start Downtown Condos
2.58 acres near
Carolina Avenue
Cost: $8 million
Borrower: FaxonGillis Inc.
Lender: National Bank of Commerce <...
41.
Archived Article: Daily Digest -
Monday, September 20, 2004
La Quinta Purchases La Quinta Purchases
Two Memphis Properties
La Quinta Properties Inc. has purchased improved property at 6020 Shelby Oaks Drive for $2 million and improved property at 3005 Millbranch Road for $1.8 million, according to T...
42.
Archived Article: Real Recap -
Tuesday, August 03, 2004
8635 Highway 64 Holiday Inn Express Sells for $2.2 Million
8635 U.S. Highway 64
Memphis, TN 38133
Cost: $2.2 million
Buyer: First Lotus LLC
Seller: Wilson Inn-4064 Inc.
Property: Holiday Inn Express at 8635 U.S. Highway 64 near ...
43.
Archived Article: Real Recap -
Tuesday, May 11, 2004
Part of Gerland Creek Construction Starts on Whisper Ridge Development
Phase one
of Whisper Ridge
Cost: $2.2 million
Borrower: Whisper Ridge GP
Lender: BancorpSouth Bank
Trustee: Larry A. Butler
Property: 83 lots on 22.65 acr...
44.
Archived Article: Real Recap -
Tuesday, April 13, 2004
3578 Mill Branch and Apartment Complexes Slated for Major Upgrades Three communities at Winchester and Millbranch
Cost: $3.3 million
Buyer: Windsor Communities LLC
Seller: Housing Opportunity Development Corp.
Property: Winchester Par...
45.
Archived Article: Real Review Lj -
Tuesday, February 22, 2000
Real Review 2-22-00 Building supply firm buys Lamar Avenue property Builders FirstSource Inc. has purchased a 157,000-square-foot facility on 13 acres in Southeast Memphis designed to accommodate the companys expansion plans. The Dallas-based nation...46.
Archived Article: Graphic (feds) -
Monday, August 30, 1999
Court action Court action When tenants don't pay their rent, landlords have the option to remove the non-paying tenant from the property by filing a forcible entry and detainer action in the Shelby County General Sessions Civil Court. More than 1,50...47.
Archived Article: Weston Sale Lj -
Wednesday, May 06, 1998
By LAURIE JOHNSON Weston Cos. sells three properties for $46 million By LAURIE JOHNSON The Daily News Weston Companies has sold three of its properties with a total value of more than $46 million to one of the worlds leading institutional investment...48.
Archived Article: Union Auto Lj -
Friday, July 25, 1997
By LAURIE JOHNSON Union Auto to build new store on Raleigh-LaGrange By LAURIE JOHNSON The Daily News A locally based auto parts dealer is building a new store at 5125 Raleigh-LaGrange in order to be closer to its large northeast Memphis customer bas...