Editorial Results (free)
1.
Helen of Troy Plans Build-to-Suit -
Thursday, January 10, 2013
Helen of Troy Ltd., a manufacturer and distributor of household products, has finalized plans to build a 1.3 million-square-foot distribution facility in Olive Branch.
The $37 million facility will be constructed on a 77-acre site in the Whispering Woods development on Polk Lane in DeSoto County. CB Richard Ellis Memphis brokers Patrick Burke, Tommy Jackson and Jim Mercer represented Panattoni Development Co. in the land sale and build-to-suit negotiations to Helen of Troy, which closed on Dec. 28.
2.
Norfolk Southern Increases Activity -
Friday, January 04, 2013
Norfolk, Va.-based Norfolk Southern Corp. expects to continue increasing operations this year at its new Memphis Regional Intermodal Terminal in Rossville, just east of Collierville.
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.
Fayette, Marshall Prep for Ambitious Industrial -
Monday, December 17, 2012
With Norfolk Southern Corp.’s Memphis Regional Intermodal Terminal now operational in Rossville and a pair of large-scale industrial manufacturing buildings under way in the area, stakeholders say the future is bright for the region.
5.
Levenger Leases Up EastPark IV -
Friday, December 14, 2012
A Delray Beach, Fla.-based specialty retail company is relocating its Memphis distribution warehouse within the Southeast submarket.
Levenger has inked 96,400 square feet in EastPark Distribution Center IV, 5265 Hickory Hill Road, bringing the 372,800-square-foot building to full occupancy. Levenger also has an operation at 3530 E. Raines Road.
6.
Urban Land Institute: Memphis Recovering Slowly, Behind Nashville -
Thursday, December 06, 2012
Memphis’ economy and commercial real estate industry is recovering, but not as fast as other places – like Nashville.
That was the message local professionals heard Tuesday, Dec. 4, at the Urban Land Institute Memphis’ 2013 Real Estate Outlook for the Mid-South.
7.
Seminar Underscores Commercial Sectors’ Highs, Lows -
Monday, November 05, 2012
Memphis’ commercial real estate market for the most part appears to mirror national trends, with all four sectors boasting challenges and bright spots so far this year.
That was a message a room full of real estate professionals received when The Daily News hosted its second annual Commercial Real Estate seminar Thursday, Nov.1, at the Memphis Brooks Museum of Art, sponsored by Magna Bank and Evans Petree PC.
8.
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.
9.
Yogurt Shop Slated for South Main Street -
Tuesday, February 01, 2011
94 S. Main St.
Memphis, TN 38103
Permit Amount: $80,000
Project Cost: n/a
Permit Date: Applied January 2011
Completion: n/a
Owner: BMJ LLC
Tenant: BMK of Memphis LLC
10.
Hickory Hill Warehouse Sells for $11.4 Million -
Monday, January 31, 2011
PanCal Eastpark Four 124 LLC, an affiliate of Principal Real Estate Investors of Des Moines, Iowa, has bought a warehouse at 5265 Hickory Hill Road from five tenants-in-common sellers for $11.4 million.
11.
Permit Filed For Hickory Hill Warehouse -
Monday, December 15, 2008
A building permit for $700,000 has been filed for property at 5265 Hickory Hill Road. The owner of the property is Panattoni Development Co. and the tenant is Ozburn-Hessey Logistics LLC. Grinder, Taber & Grinder Inc. is listed as the contractor for the project. No architect was listed as of yet.
12.
Archived Article -
Tuesday, March 04, 2008
7691 Poplar Ave.
Germantown, TN 38138
Permit Amount: $50.9 million
Project Cost: $80 million
Permit Date: Applied February 2008
Completion: 2011
Owner: Methodist Le Bonheur Germantown Hospital
Tenant: Methodist Le Bonheur Germantown Hospital
Architect: TRO Jung/Brennen Inc.
Contractor: Flintco Inc.
Details: Methodist Le Bonheur Germantown Hospital filed application last week to build a 220,000-square-foot pavilion to house women's services, including inpatient beds, operating rooms and support space. In addition to the new construction, the hospital's overall plans include renovation of 88,000 square feet in the existing facility. The expansion at Methodist's Germantown location does not call for any new net beds to the system, a spokesperson said. Instead, it would transfer 100 beds from elsewhere within the system. The entire campus will be about 580,000 square feet once the expansion and renovation are complete. This latest step of the construction process comes on the heels of last summer's $9 million building permit to build a 260,000-square-foot parking deck at the Germantown location.
699 Oakleaf Office Lane
Memphis, TN 38117
Sale Amount: $1.8 million
Sale Date: Feb. 21, 2008
Buyer: Rosecrest
Seller: Oakwood Professional Building LLC
Details: An entity called Rosecrest bought a 14,000-square-foot office building at 699 Oakleaf Office Lane for $1.8 million from Oakwood Professional Building LLC. Built in 2003, the two-story building sits on slightly less than an acre at the northwest corner of Spottswood Avenue and Oakleaf Office Lane east of South Perkins Road. The Shelby County Assessor's 2007 appraisal was $953,900. Tenants include Fitness First Studio, Lindamood-Bell Learning Processes and Fish and Associates financial planning services, among others.
3860 E. Holmes Road
Memphis, TN 38118
Permit Amount: $808,000
Project Cost: N/A
Permit Date: Applied February 2008
Completion: N/A
Owner: Panattoni Development Co.
Contractor: Panattoni Construction Inc.
Details: Panattoni Development Co. has filed an $808,000 building permit to repair an industrial property damaged in the Feb. 5 storm that tore through Southeast Memphis. The 500,000-square-foot warehouse is part of Sacramento, Calif.-based Panattoni's Memphis Oaks Distribution Center on the northeast corner of Getwell Road and East Holmes Road. The Shelby County Assessor's 2007 appraisal was $14.8 million. A call to the company's local office was not returned.
...13.
Memphis Industrial Market Experiences 'Flat' 3rd Quarter -
Monday, November 19, 2007
One large and lingering transaction resulted in a poor showing for Memphis' industrial leasing market during the third quarter of 2007.
Carrier Corp. formally vacated the 500,000 square feet it once occupied in the Southpoint Distribution Center in South Memphis to move to Holly Springs, Miss., in Marshall County.
14.
Kornegay Honored WithNational Real Estate Award -
Friday, October 26, 2007
The commercial division of the National Association of Realtors has recognized Brad Kornegay of Colliers Management Services with the 2007 Commercial Alliance National Award.
The Nationa15.
Panattoni Sells PropertyFor $6.1 Million -
Monday, August 06, 2007
Memphis Oaks 3 LLC, a division of Panattoni Development Co., sold property at 3860 Holmes Road for $6.1 million in an internal trade. The buyer was Moss Properties LLC.
The 525,000-squa16.
Panattoni Begins Second PhaseOf Memphis Oaks -
Friday, May 25, 2007
Panattoni Development Co. (PDC) is developing the second phase of Building 3 at Memphis Oaks Distribution Center at 3860 Holmes Road.
The work is a 525,000-square-foot addition to an exi17.
Archived Article -
Tuesday, May 08, 2007
Three Memphis
Senior living communities
Sale Amounts: $11 million; $11.6 million; $7.1 million
Sale Date: April 26, 2007
18.
Panattoni Development Co.Finances Holmes/Getwell Land -
Monday, April 30, 2007
Real estate developers Panattoni Development Co. (PDC) has filed a construction loan for acreage near Getwell and Holmes roads. The property is zoned for industrial use.
Four limited lia19.
Commercial Real Estate ExpertsOffer Reviews, Forecasts -
Tuesday, March 06, 2007
See what real estate prognosticators have to say about the Memphis-area commercial market at the fourth annual Commercial Property Forecast Summit. Presented by the Memphis Area Association of Realtors (MAAR) Commercial 20.
Panattoni Plans Expansion Of Holmes Road Building -
Thursday, February 15, 2007
Panattoni Development Co. is expanding an industrial building at 3860 E. Holmes Road, bringing the size of the building to more than 1 million square feet. The company has filed a nearly $9 million building permit with t21.
Outside Interest Buys Into Olive Branch -
Monday, February 13, 2006
Panattoni Development Co. of Sacramento, Calif., bought 77 acres in the Whispering Woods area at Polk Lane and Goodman Road in Olive Branch recently, with plans to develop two buildings with about 1.7 million square feet between them. Panattoni bough22.
Archived Article: Newsmakers -
Wednesday, April 06, 2005
MAAR Pinnacle Awards Winners Announced MAAR Announces Pinnacle Award Winners
The Memphis Area Association of Realtors announced the following winners of the fourth annual Pinnacle Awards: Al Andrews Jr. of Panattoni Development Co., Commercial...
23.
Archived Article: Daily Digest -
Friday, February 11, 2005
Ethan Allen Buys Ethan Allen Buys
Land Near Wolfchase
Ethan Allen Inc. has purchased vacant land in phase three of The Galleria of Memphis from TomBo Properties Inc. for $1.2 million, according to The Daily News Public Records Database, www...
24.
Archived Article: Holmes (lead) -
Thursday, April 22, 2004
Its gong to be used for bus expansion Intermodal Cartage Buys Land for Expansion
Road improvements under way in area of industrial growth
ANDREW BELL
The Daily News
A Memphis-based intermodal transportation services company has purcha...
25.
Archived Article: Daily Digest -
Tuesday, April 20, 2004
March Home Sales March Home Sales
Increase 26.8 Percent
The Memphis Area Association of Realtors Multiple Listing Service reported 1,445 home sales for March, an increase of 26.8 percent from 1,140 reported in March 2003. Monthly sales volu...
26.
Archived Article: Baxter (lead) -
Friday, June 20, 2003
Baxter growth prompts move to new facility Baxter growth prompts move to new facility
By ANDREW BELL
The Daily News
A major medical supply companys local distribution hub is approaching a move into a larger warehouse thanks to steady gro...
27.
Archived Article: Memos -
Wednesday, April 16, 2003
Dr. Rosie Phillips Bingham Dr. Rosie Phillips Bingham was promoted to vice president for student affairs at the University of Memphis. The Memphis native will assume the role May 1. She has been U of M assistant vice president for student affairs...
28.
Archived Article: Pilot (lead) -
Monday, March 17, 2003
Tax freeze plan Tax freeze plan
heads to Council
By BRYAN MASSEY
The Daily News
At Tuesdays meeting, Memphis City Council members plan to review guidelines for the Community Reinvestment Credit, a payment-in-lieu-of-taxes program that...
29.
Archived Article: Future (lead) -
Wednesday, February 05, 2003
Future Electronics kicks off distribution center project Future Electronics kicks off distribution center project
By STACEY WIEDOWER
The Daily News
Future Electronics, a worldwide distributor of electronic components, breaks ground today...
30.
Archived Article: Daily Digest -
Tuesday, February 04, 2003
Technicolor consolidates Technicolor consolidates
DVD operations in Memphis
Technicolor Home Entertainment Services, a Thomson Digital Media Solutions business, formalized plans to expand its DVD packaging and distribution operations in Mem...
31.
Archived Article: 01building (lead) -
Thursday, January 31, 2002
2001 new building falls drastically from year before 2001 commercial construction falls drastically By SUE PEASE The Daily News The number of building permits filed for new commercial construction fell by almost half last year compared to the number...32.
Archived Article: Law Focus -
Thursday, July 26, 2001
Mid South industrial growth continues despite slowing economy Mid-South industrial market reflects national slowdown By MARY DANDO The Daily News Although Memphis still holds the top spot as the premier distribution center of the United States, the ...33.
Archived Article: Real Review -
Tuesday, February 20, 2001
CRSA lands new contracts CRSA lands new contracts Several new contracts were awarded to the Memphis-based Co-operative Retirement Services of America Inc. CRSA will provide management services for Waverly Gardens in Memphis, a rental retirement comm...34.
Archived Article: Panattoni (lead) -
Monday, February 19, 2001
Commuter airline appeals zoning change to City Council Panattoni asks council to rezone 200-acre tract By MARY DANDO The Daily News Cosair Mitchell & Andrews Investments is asking for 202 acres it owns in Southeast Memphis to be rezoned in order...35.
Archived Article: Real Focus (desoto) -
Tuesday, November 07, 2000
By SUZANNE THOMPSON Industrial development boom continues in North Mississippi By SUZANNE THOMPSON The Daily News As urban sprawl continues toward northern Mississippi, more developers are crossing the line and taking their industrial projects into ...36.
Archived Article: Tech Focus -
Wednesday, October 18, 2000
E-commerce distribution more than just moving boxes E-commerce distribution more than just moving boxes By KATHLEEN BURT The Daily News From Planet.Rx to Toys R Us to Barnes and Noble, companies that want an e-commerce presence have found Memphis an...37.
Archived Article: Marketplace (indust) -
Monday, July 17, 2000
By SUZANNE THOMPSON Industrial development shows no sign of weakening By SUZANNE THOMPSON The Daily News It doesnt appear Memphis will be relinquishing its title of "Americas Distribution Center" any time soon. Industrial development conti...38.
Archived Article: Idb (lead) -
Tuesday, May 16, 2000
By Stacey Wiedower SBC plan to bring 124 jobs to county By Stacey Wiedower The Daily News Several projects that would create jobs and add industry to the Memphis area are scheduled for consideration by the Industrial Development Board at its monthly...39.
Archived Article: Real Review -
Tuesday, May 02, 2000
Trammell Crow Co Trammell Crow Co. represented three tenants in recent office lease transactions. Norwest Mortgage signed a lease for 12,085 square feet at 1775 Pyramid Place in Nonconnah Corporate Center. The office will be the headquarters for Nor...40.
Archived Article: Real Review -
Tuesday, April 25, 2000
Trammell Crow Co Inventiv Software leases space in East Memphis Trammell Crow Co. has leased office space in Building A at Lynnfield Office Park to Inventiv Software, a Memphis-based software product development company. Inventiv Software was establ...41.
Archived Article: Real Review Lj -
Tuesday, April 04, 2000
Former Hamilton Beach Former Hamilton Beach facility purchased Collierville Business Center LLC has purchased the 125,000-square-foot Hamilton Beach facility for $2.7 million, according to a special warranty deed filed in the Shelby County Registers...42.
Archived Article: Industrial St -
Tuesday, October 19, 1999
By SUZANNE THOMPSON Industrial starts rise during third quarter While values down year-to-date, e-commerce growth fuels building, leasing of warehouse space By SUZANNE THOMPSON The Daily News The value of building permits issued for industrial and c...43.
Archived Article: Tech Focus -
Wednesday, August 25, 1999
www www.coming to Memphis From barnesandnoble.com to planetrx.com, companies Are choosing Memphis distribute their online sales By KATHLEEN BURT The Daily News In the same vein as Toys R Us and PlanetRx, Memphis and Shelby County have found favor wi...44.
Archived Article: Real Review -
Tuesday, March 23, 1999
By LAURIE JOHNSON Lauderdale-Quince L.L.C., a Delaware limited liability company, purchased eight acres in Country Club Estates Commercial Subdivision from Quince Partners L.P., a Georgia limited partnership, for $5 million, according to a special w...45.
Archived Article: 4q Warehouse -
Thursday, February 18, 1999
The warehouse and industrial construction market is alive and well in Shelby County Industrial growth strong, incentives are concern By KATHLEEN BURT The Daily News The warehouse and industrial construction market is alive and well in Shelby County....46.
Archived Article: Warehouse (lead) -
Tuesday, November 03, 1998
By SUZANNE THOMPSON Warehouse construction drops in third quarter By SUZANNE THOMPSON The Daily News The number of building permits filed for warehouse construction is down from 70 in the third quarter of 1997 to 58 in the third quarter of 1998, rep...47.
Archived Article: East Park (bott) -
Tuesday, October 27, 1998
By SUZANNE THOMPSON Developer plans East Park center on Holmes By SUZANNE THOMPSON The Daily News Officials at Panattoni & Vanvalkenburgh are in the midst of planning their next multi-million dollar development project in southeast Shelby County...48.
Archived Article: Warehouse Starts -
Monday, January 26, 1998
By SUZANNE THOMPSON Warehouse construction down in fourth quarter Absorption of space soared at 3 million square feet By SUZANNE THOMPSON The Daily News Warehouse construction starts were down in the fourth quarter of 1997, but leasing activi...49.
Archived Article: W&s Warehouse Lj -
Wednesday, June 18, 1997
lj 10/5 cates Wilkinson & Snowden start $2.4 million warehouse project By LAURIE JOHNSON The Daily News Wilkinson & Snowden has broken ground on a 62,500-square-foot speculative warehouse distribution facility at 3510 Winchester Road in the ...50.
Archived Article: Church Rd. Warehouse Lj -
Tuesday, February 18, 1997
lj 10/5 cates Southaven becoming hot spot for warehouse development By LAURIE JOHNSON The Daily News The "next big thing" in distribution development may be shaping up in Southaven, Miss., with construction underway on one speculative ware...51.
Archived Article: Church Rd. Warehouse Lj -
Tuesday, February 18, 1997
lj 10/5 cates Southaven becoming hot spot for warehouse development Feb. 18, 1997 -- The ìnext big thingî in distribution development may be shaping up in Southaven, Miss., with construction underway on one speculative warehouse project...52.
Archived Article: Ccim Lj -
Thursday, June 06, 1996
lj 10/5 cates Distribution development looks good for 1996 By LAURIE JOHNSON The Daily News With development in the first five months of 1996 already standing at 75 percent of 1995s total, the Memphis warehouse and distribution facility market is ex...53.
Archived Article: Industrial Chg -
Friday, April 26, 1996
04-26 chg industrial Southern Fabricators constructs $1 million addition to its facility By CAMILLE H. GAMBLE The Daily News In the industrial and manufacturing market in Shelby County, there were four construction projects started during the first ...54.
Archived Article: Lj Real Review -
Tuesday, October 10, 1995
lj 10/4 building Panattoni & Van Valkenburgh, a San Francisco-based real estate development company, has construction underway on three new distribution facilities in Memphis totaling 820,000 square feet. A footing and foundation permit was issu...