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Editorial Results (free)
1.
Kroger Buys Union Space for Expansion -
Friday, September 14, 2012
Kroger has acquired the Belvedere Apartments in Midtown as part of a long-term project to reconfigure the grocery store’s antiquated and challenged layout.
Kroger Delta Division closed Wednesday, Sept. 12, on the 10-story apartment high-rise at 1733 Union Ave. from Belvedere Apartment Inc. The sale includes Belvedere’s attached and front parking areas.
2.
Aren Buys SE Memphis Warehouse For $1.3M -
Friday, June 22, 2012
Trane U.S. Inc. has sold its parts distribution center in Southeast Memphis for $1.3 million.
Aren Investments LLC of Memphis acquired the 99,375-square-foot distribution warehouse at 4250 Concord Road. The company, which used a 1450 Massey Road address on the Shelby County Register of Deeds, financed the purchase with an $800,000 loan through BancorpSouth Bank. Igal Elfezouaty signed the trust deed as managing member of Aren.
3.
Ambulance Co. Signs New Lease, Ups Space -
Friday, May 20, 2011
A Nashville-based health care company is expanding its Memphis presence. First Call Ambulance Services LLC has signed a three-year, 13,500-square-foot lease at 5155 Wilfong Road, more than doubling its existing space on Federal Avenue.
4.
Net Magan, Others Sued for Breach of Contract -
Thursday, August 09, 2007
The parties involved in a $78 million real estate portfolio sale from 2005 now are going to court over what one group calls a breach of contract.
Distriplex Investors LLC has filed a $3.5 million breach of contract complaint in Shelby County Chancery Court against Net Magan Land GP One LLC, Net Magan Land Mezz LLC and Joseph Mizrachi, according to The Daily News Online, www.memphisdailynews.com.
5.
PharMEDium Expected to Create Up to 250 Jobs In First Five Years -
Friday, July 13, 2007
Illinois-based pharmacy compounding company PharMEDium Healthcare Corp. has closed on nine acres of property in the Distriplex Farms industrial park south of Holmes Road and is moving ahead with plans to create a compounding facility in Memphis.
6.
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
7.
Sitting Pretty -
Thursday, June 21, 2007
For anyone who can't see how important FedEx is to Memphis' economy, Wyatt Aiken, senior vice president of Commercial Advisors LLC, paints the following picture:
"If Memphis wasn't a great distribution hub, FedEx wouldn't be here," he said, "and if FedEx wasn't here, we'd be Little Rock."
8.
PharMEDium Buys LandFor Memphis Facility -
Wednesday, June 20, 2007
PharMEDium Healthcare Corp. is moving ahead with plans to create a Memphis compounding facility with the purchase of nine acres in Distriplex Farms industrial park. The company bought the land from Net Magan Land Owner O9.
Archived Article -
Tuesday, September 20, 2005
1885 Appling Road
Cordova, TN 38016
Cost: $5.9 million
Buyer: Net Magan Property Owner One LP
Seller: Farnsworth Distribution Properties Partnership
10.
Distriplex Property Part of Farnsworth Sale -
Tuesday, September 13, 2005
5400 Distriplex Farms Drive
Memphis, TN 38141
Cost: $10.2 million
Buyer: Net Magan Property Owner One LP
11.
Archived Article -
Tuesday, September 06, 2005
24 properties
and two leaseholds
Cost: $68.6 million
Borrower: Net Magan Property Owner One LP
Lender: Eurohypo AG
12.
Farnsworth Investment Founder Looks to Future -
Tuesday, September 06, 2005
Farnsworth Investment Co.'s recent sale of its entire 28-building industrial portfolio signals a new beginning for the longstanding Memphis industrial real estate company.
The sale included just under 2 million square feet of industrial space and 169 acres of undeveloped land. But the company is not all that will experience change as a result of the deal. Company founder Tommy Farnsworth Jr. is scaling back his involvement in the industry after a 40-year real estate career.