The Cordova Stor-N-Lock at 1570 Bonnie Lane has sold for $2.1 million following a foreclosure.

Special servicer C-III Asset Management LLC of Irving, Texas, bought the 54,199-square-foot property in an April 26 substitute trustee’s deed from R. Spencer Clift of Baker, Donelson, Bearman, Caldwell & Berkowitz PC, acting on behalf of the lender.

2. Four-Way Self Storage Facility Sells for $1.3 Million - Tuesday, April 23, 2013

6780 Country Park Drive Memphis, TN 38134

Sale Amount: $1.3 million

Sale Date: April 9, 2013

3. Landings Apartment Owner Files $8.7 Million Loan - Friday, April 19, 2013

The owner of the 292-unit Landings apartments at 3550 Brownbark Drive in Hickory Hill has filed an $8.7 million loan on the property.

4. Harold Ford Sr. Buys Sycamore View Property - Tuesday, April 16, 2013

1670 Sycamore View Road Memphis, TN 38134

Sale Amount: $1.8 million

Sale Date: April 8, 2013

5. Cordova Ridge Shops Sells for $1.8 Million - Thursday, April 11, 2013

An affiliate of Norcross, Ga.-based Safeway Group Inc. has paid $1.8 million for Cordova Ridge Shops, a retail shopping center at 1204 Houston Levee Road in unincorporated Cordova.

6. Canterbury Woods Owner Files Loan on Property - Tuesday, April 09, 2013

The owner of the 400-unit Canterbury Woods apartments at 6520 Macon Road has filed a $9.8 million loan on the property.

7. Exeter Assigns Portfolio to Commercial Advisors - Saturday, March 23, 2013

Pennsylvania-based Exeter Property Group has awarded the facilities management assignment of its newly acquired, 2.5 million-square-foot industrial portfolio to Cushman & Wakefield/Commercial Advisors Asset Services LLC. The four buildings were acquired from DCT Industrial.

8. Exeter Assigns Portfolio to Commercial Advisors - Thursday, March 21, 2013

Pennsylvania-based Exeter Property Group has awarded the facilities management assignment of its newly acquired, 2.5 million-square-foot industrial portfolio to Cushman & Wakefield/Commercial Advisors Asset Services LLC. The four buildings were acquired from DCT Industrial.

9. Freeport, Raines Warehouses Sell for $19.4 Million - Tuesday, March 19, 2013

Industrial properties at 6005 Freeport Avenue and 3399 E. Raines Road have sold for a combined $19.4 million in lieu of foreclosure.

10. Swinnea Warehouse Sold in Lieu of Foreclosure - Tuesday, March 19, 2013

4550 Swinnea Road, Memphis, TN 38118

Sale Amount: $4.2 million
Sale Date: March 7, 2013
Buyer: JPMCC 2007-LDP10 – 4550 SWINNEA RD LLC
Seller: Industrial Memphis International Owner LLC
Details: The Memphis International Distribution Center at 4550 Swinnea Road in Oakhaven has sold for $4.2 million in lieu of foreclosure.

11. New York Firm Buys Distribution Center for $24.7 Million - Monday, March 18, 2013

Gramercy Capital Corp. has acquired Hacks Cross Logistics Center Building 1 in Olive Branch for $24.7 million from Hillwood Investment Properties.

12. Boyle Celebrates 80 Years, Sponsors Art Exhibit - Monday, March 18, 2013

Boyle Investment Co. turns 80 this year, and has partnered with the Memphis Brooks Museum of Art to celebrate.

13. Gramercy Capital Acquires $25 Million Distribution Facility - Friday, March 15, 2013

Gramercy Capital Corp. has acquired Hacks Cross Logistics Center Building 1 in Olive Branch for $24.65 million from Hillwood Investment Properties.

14. Swinnea Warehouse Sold in Lieu of Foreclosure - Friday, March 15, 2013

The Memphis International Distribution Center at 4550 Swinnea Road in Oakhaven has sold for $4.2 million in lieu of foreclosure.

15. TJX Leases Up Chickasaw Building D - Tuesday, March 12, 2013

The TJX Cos. Inc. has inked a substantial deal in Southeast Memphis, representing the largest industrial lease so far in 2013.

16. California Company Buys Former Quebecor Facility - Tuesday, March 05, 2013

828 E. Holmes Road Memphis, TN 38116

Sale Amount: $2.7 million

Sale Date: Feb. 15, 2013

17. Tenants in Common Buy Southern Avenue Apartments - Friday, March 01, 2013

Three tenants in commons have paid $2.4 million for three apartment complexes on Southern Avenue in the University of Memphis’ 38111 ZIP code.

The three tenants are Gideon D. Zook and Mary A. Cook; Campus Property Management LLC; and Summit Asset Mgt. LLC, whose percentage of ownership varies with each parcel.

18. 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

19. Jamesbridge Apartments Sells for $7.2 Million in Foreclosure - Thursday, February 21, 2013

The 432-unit Jamesbridge apartments at 3689 James Road in Raleigh sold to a special servicer for $7.2 million after a foreclosure.

20. Green Line Marketing Doubles Office - Friday, February 15, 2013

Green Line Marketing Group has outgrown its East Memphis office space due to its expanded staff and client roster.

The boutique agency has signed a 2,000-square-foot lease in Racquet Club Plaza, where it will relocate from its three 350-square-foot executive suites in Clark Tower by the end of the month.

21. Real Estate Leaders to Present Trends at Forecast - Saturday, February 02, 2013

Real estate leaders will offer their reviews and insights for the Memphis-area commercial market at the 10th annual Commercial Property Forecast Summit starting at 8 a.m. Feb. 7 at the Germantown Performing Arts Centre, 1801 Exeter Road.

22. Real Estate Leaders to Present Trends at Forecast Summit - Tuesday, January 29, 2013

Real estate leaders will offer their reviews and insights for the Memphis-area commercial market at the 10th annual Commercial Property Forecast Summit starting at 8 a.m. Feb. 7 at the Germantown Performing Arts Centre, 1801 Exeter Road.

23. Hillwood Partnership Buys Airways Distribution Center - Saturday, January 26, 2013

Dallas-based Hillwood Investment Properties, in a partnership with Toronto-based Brookfield Asset Management Inc. and the Hillwood-Brookfield Industrial Partners fund, acquired the 556,000-square-foot Airways Distribution Center Building D in the DeSoto County submarket.

24. BenchMark to Relocate, Restructure - Friday, January 25, 2013

BenchMark at Southwind Realtors LLC will soon relocate its Southeast Memphis office, add agents, integrate technology into its business practices and go paperless in one fell swoop.

25. Victory Packaging Relocates to Memphis - Friday, January 18, 2013

Victory Packaging soon will relocate its entire Southaven branch operation to the Southeast Memphis industrial submarket.

The Houston, Texas-based industrial packaging supplier and distributor inked 158,333 square feet in Shelby Air Park Building 1, 4500 Malone Road. The 475,000-square-foot building also houses Terminal Warehouse Inc.

26. 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.

27. Southwind Homewood Suites Sells for $6.5 Million - Monday, December 31, 2012

3583 Hacks Cross Road Memphis, TN 38125

Sale Amount: $6.5 million

Sale Date: Nov. 2, 2012

28. Utah Company Buys Avery Park Apartments - Wednesday, December 26, 2012

An affiliate of Salt Lake City-based Property Asset Management Inc. has paid $5.2 million for the Avery Park Apartments at 4865 Raleigh LaGrange Road in Raleigh.

29. 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.

30. Commercial Advisors Turns 20, Expands Office - Wednesday, December 12, 2012

Cushman & Wakefield/Commercial Advisors LLC celebrates 20 years of serving clients in the Memphis community this year and has recently expanded its East Memphis office.

31. Hickory Hill Warehouse Sells for $15.7 Million - Tuesday, December 11, 2012

6380 Holmes Road Memphis, TN 38141

Sale Amount: $15.7 million

Sale Date: Dec. 5, 2012

32. Village of Sycamore Ridge Owner Files $4.3 Million Loan - Thursday, December 06, 2012

The owner of the Village of Sycamore Ridge – a 114-unit apartment community at 1945 Sycamore View Road near Bartlett – has filed a $4.3 million multifamily deed of trust, absolute assignment of leases and rents and security agreement (including fixture filing) on the property.

33. NAI Saig Well-Positioned for Real Estate Rebound - Monday, December 03, 2012

Commercial real estate is making a strong come back for one Memphis brokerage firm as previously shelved projects come roaring back to life.

Edward Saig said that a rise of activity in 2012 demonstrates the ability of banks to lend in an era of tight regulation.

34. Mid-South Business Makes its Mark - Monday, November 19, 2012

Mid-South Marking Systems, a one-stop shop for any business that needs to distribute and track products, continues an impressive growth trajectory.

The company provides bar code and RFID (radio frequency identification) solutions for local and national clients in industries including manufacturing, retail, health care, pharmaceutical, government and distribution.

35. Commercial Advisors Hires Ewen as Controller - Wednesday, November 14, 2012

Erika Ewen has joined Cushman & Wakefield/Commercial Advisors Asset Services LLC as controller. Ewen will direct the accounting department in all accounting functions and financial reporting of Commercial Advisors Asset Services as well as all property management clients.

36. Highpoint Church Buys Briarcrest’s East Memphis Campus - Friday, November 09, 2012

After seven years of leasing space for its worship services, Highpoint Church has acquired Briarcrest Christian School Systems Inc.’s property at 6000 Briarcrest Ave. for $7.25 million.

37. Capital Influx - Monday, October 29, 2012

Capital is finally being set free in the Memphis industrial market, with opportunities on both the buy and sale side of investment deals.

Nearly $200 million has been spent since June, as public and private institutional buyers alike make large plays.

38. Excise Tax Looms for Local Device Companies - Monday, October 15, 2012

A new excise tax will be levied on medical devices beginning Jan. 1, and the impact will be significant for medical device companies with a Memphis presence.

Large players like Wright Medical Technology Inc. and fledgling outfits like Arrowhead Medical Device Technologies Inc. are preparing for the 2.3 percent pinch on each device sold in the U.S., including pacemakers and stents, defibrillators, artificial joints, chemotherapy delivery systems, surgical tools and X-ray machines.

39. Commercial Advisors Capital Markets to Zero In on ‘Untapped Segment’ - Friday, October 12, 2012

Cushman & Wakefield/Commercial Advisors Asset Services LLC has launched a Capital Markets Group, a new service line to complement the firm’s tenant representation and third-party leasing and management businesses.

40. 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.

41. First Tennessee Unit to Move Downtown - Friday, September 07, 2012

First Tennessee Bank is preparing its Downtown Memphis headquarters for occupancy of one of its units.

42. Panda to Build Restaurant On Winchester Outparcel - Monday, September 03, 2012

7525 Winchester Road
Memphis, TN 38125

Permit Cost: $791,345

Project Cost: N/A

43. Daves Quickly Climbing Commercial Real Estate Ranks - Friday, August 31, 2012

In Bryce Daves’ three years in the commercial real estate business, he’s quickly climbed the ranks to lease some 2 million square feet of property.

The CB Richard Ellis Memphis associate was promoted in March to leasing agent for Bellbrook Industrial Park – a 13-building campus in the southwest Memphis industrial submarket totaling more than 1.6 million square feet spread over 100 acres.

44. Cordova Ridge Shops Sells for $2 Million - Tuesday, August 28, 2012

An affiliate of Dallas-based CWCapital Asset Management LLC has paid $2 million for Cordova Ridge Shops, a retail shopping center at 1204 Houston Levee Road in unincorporated Cordova.

45. Chancey Honored With International Chair’s Award - Monday, August 13, 2012

Dan Chancey, vice president-senior asset manager with Cushman & Wakefield/Commercial Advisors Asset Services LLC, recently received the Building Owners and Managers Association International Chair’s Award during the 2012 BOMA International Conference in Seattle, Wash.

46. Raleigh Office Complex Sold To Local Entity - Friday, August 03, 2012

An office complex in Raleigh has traded hands after being under the same family ownership for more than 30 years.

Commercial Real Estate Network LLC, a local investor, has purchased the 40,756-square-foot Raleigh Center Office Complex at 2974 Austin Peay Highway from Charles R. Averwater Living Trust for $299,000.

47. Hickory Hill Warehouse Sells for $1.3 Million - Tuesday, July 17, 2012

5837 Distribution Drive
Memphis, TN 38141

Sale Amount: $1.3 million

Sale Date: July 11, 2012

48. Hickory Hill Warehouse Sells for $1.3 Million - Monday, July 16, 2012

Memphis-based CLI Inc. has bought the 102,570-square-foot warehouse at 5837 Distribution Drive in Hickory Hill for $1.3 million from Tenoh LLC. The sale closed July 11.

49. ‘Perfect Storm’ - Tuesday, July 03, 2012

Office sublease space reached a record high in the first quarter, and local experts are forecasting even more leases from one lessee to another to hit the market prior to year-end.

Office subleasing totaled 600,664 square feet during the first three months of the year, according to Cushman & Wakefield/Commercial Advisors LLC’s Q1 office market report. That’s nearly 14 percent of total available space.

50. ‘Fun Food Fast’ - Tuesday, June 12, 2012

After a five-year hiatus, fast-casual restaurant Foozi has returned to the I-Bank Tower at 5050 Poplar Ave. while retaining its other location next door at Clark Tower.

51. Commercial Advisors Awarded Industrial Listing - Wednesday, June 06, 2012

Cushman & Wakefield/Commercial Advisors Asset Services LLC has been awarded listing and management of the 900,000-square-foot industrial space at 5461 Davidson Road, the largest vacancy in the Memphis market.

52. Commercial Advisors Grows CRE Portfolio - Thursday, May 31, 2012

Cushman & Wakefield/Commercial Advisors Asset Services LLC is on a roll, picking up various leasing and management assignments that have brought its office and industrial involvement to 17.8 million square feet.

53. FDIC Signs Lease In Lakecrest - Friday, May 25, 2012

Federal Deposit Insurance Corp. has inked a substantial lease in Lakecrest III, marking the market’s largest office lease signing this year.

54. In-Rel Outsources Office Leasing - Friday, May 25, 2012

In-Rel Properties Inc. has outsourced its Memphis office leasing to Cushman & Wakefield/Commercial Advisors LLC, following months of changes up top for the Lake Worth, Fla.-based real estate firm.

55. In-Rel Outsources Office Leasing - Thursday, May 24, 2012

In-Rel Properties Inc. has outsourced its Memphis office leasing to Cushman & Wakefield/Commercial Advisors LLC, following months of changes up top for the Lake Worth, Fla.-based real estate firm.

56. New Owner For Bartlett Car Wash Property - Friday, May 04, 2012

A former car wash site in Bartlett has traded hands. Nyan Jaf acquired the 0.71-acre lot at 5960 Summer Ave. from Mr. Carwash LLC for $65,000.

57. Office Opportunities - Thursday, May 03, 2012

Memphis’ office real estate landscape is changing, and for three firms, those changes are creating opportunities.

Orlando, Fla.-based Parkway Properties Inc. in March completed the sale of its interest in Renaissance Center – a 190,000-square-foot office building at 1715 Aaron Brenner Drive in the Poplar Avenue corridor – to partner Parkway Properties Office Fund LP.

58. Hertz Closes On Memphis CRE Portfolio - Wednesday, April 04, 2012

Hertz Investment Group LLC has completed its acquisition of five Memphis office buildings, marking the firm’s return to the Bluff City and focus shift to secondary and tertiary markets.

59. Room Service - Monday, February 27, 2012

The good news for the local hotel industry is that last year notched the most rooms ever sold on a daily basis with 4.8 million – 115,628 more than 2010 and 76,780 more than the previous high set in 2007.

60. Privatization Thoughts Highlight Changes - Monday, February 27, 2012

Here’s a roundup of what some of the city’s banks and bankers, investment professionals, mortgage brokers, asset management firms and other financial services shops have been up to in recent weeks.

61. Brodin to Serve on Board for Big Brothers Big Sisters - Friday, February 10, 2012

Christian Brodin, president of Lexington Asset Management LLC, was recently elected to a three-year term on the board of directors for Big Brothers Big Sisters of Greater Memphis Inc.

62. Grinding it Out - Monday, February 06, 2012

After most recessions, real estate bounces back.

But the Great Recession has been notably different – long, deep and very prolonged.

That’s the message Dr. John Gnuschke, director of the Sparks Bureau of Business and Economic Research and co-director of the Center for Real Estate at the University of Memphis, delivered in December at the Urban Land Institute’s Real Estate Outlook for the Mid-South.

63. Elite Electric Relocates to Hickory Withe - Friday, February 03, 2012

A local electrical designer is relocating its operations from Collierville to Hickory Withe.

Elite Electric & Lighting Inc. has purchased 5,000 square feet of the former John Deere Landscapes facility at 2875 U.S. 64 from K&L Highway 64 Investments LLC for $425,000.

64. C-III Capital Acquires NAI Global - Tuesday, January 31, 2012

The parent company of Memphis-based NAI Saig Co. has been acquired by an Irving, Texas-based real estate investment and special loan servicing firm for an undisclosed amount.

65. Bluff City Coffee Inks New Space - Friday, January 20, 2012

Bluff City Coffee, the coffee and snack shop in Downtown’s South Main Historic Arts District, has recently unveiled some aggressive expansion plans.

The local eatery has leased a 3,000-square-foot kitchen in the Pembroke Building, 119 S. Main St., in the space behind the Center for Southern Folklore.

66. GSK-Leased Warehouse Financed for $10.2M - Monday, January 16, 2012

Bank of America NA has granted a $10.2 million loan to five affiliates of Exeter Property Group for a warehouse at 4480 Swinnea Road leased to GlaxoSmithKline Consumer Healthcare LP.

67. Tennessee St. Office Bldg. Again in Foreclosure - Tuesday, January 10, 2012

460 Tennessee St.
Memphis, TN 38103

Sale Amount: $3 million

Sale Date: Dec. 1, 2011

68. Thomison Joins PGM/Trumbull - Wednesday, December 21, 2011

Dr. John Thomison has joined Pathology Group of the Mid-South/Trumbull Labs LLC.

Hometown: Nashville

69. ‘Get In and Out’ - Monday, December 19, 2011

In a local commercial real estate market where prices have plunged as much as 40 percent from 2007 peaks, special service companies are taking advantage of opportunities for buying distressed debt.

70. 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.

71. MAA Promotes Grimes to EVP, COO - Friday, December 09, 2011

Thomas L. Grimes Jr. has been appointed executive vice president and chief operating officer of Memphis-based MAA – formerly Mid-America Apartment Communities – the company announced Wednesday, Dec. 7. Grimes will oversee the company’s asset management and human resources functions.

72. Preserve at Southwind Apts. Sell for $22.2 Million - Tuesday, October 25, 2011

7991 Capilano Drive
Memphis, TN 38125
Sale Amount: $22.2 million

Sale Date: Oct. 12, 2011

73. Former C’ville Fitness Center Sells For $2.7M - Friday, October 21, 2011

Memphis-based Hackmeyer Properties has bought the former Prairie Life Fitness Center at 3690 S. Houston Levee Road in Collierville from Prairie Life Fitness LLC for $2.7 million and is leasing the 57,264-square-foot facility to a new fitness company.

74. Stratum on Highland Sells for $9.2 Million - Tuesday, October 18, 2011

Stratum on Highland LP has bought The Stratum on Highland, a five-story, 85-unit apartment building at 510 S. Highland St. at the southeast corner of Mynders Avenue, from Special Services Asset Management Co. for $9.2 million.

75. Company Buys 11 Acres On Thousand Oaks - Friday, September 30, 2011

NAI Saig Co. has negotiated a pair of investment sales in recent weeks. Corolla Management Corp. has purchased two sites totaling 10.6 acres on Thousand Oaks Cove from Bank of Bartlett for $925,000.

76. His Latest Flame - Monday, August 15, 2011

There is Elvis Presley Boulevard and there is Graceland.

The boulevard takes in much more than the considerable financial and cultural presence left by the entertainer who lived and died in rock ‘n’ roll’s house on the hill in Whitehaven.

77. Dallas Co. Pays $35M for Depot - Tuesday, August 09, 2011

The Memphis Depot Business Park has sold for $35.8 million after being on the market for less than six months.

Memphis Depot Associates LLC, an affiliated entity of Dallas-based Mayfield Properties LP, on Friday, Aug. 5, bought 260 acres of property containing 4.2 million square feet in buildings in the industrial park and former Army base just north of Memphis International Airport from Depot Redevelopment Corp. of Memphis and Shelby County.

78. Dallas Co. Pays $35M for Depot - Monday, August 08, 2011

The Memphis Depot Business Park has sold for $35.8 million after being on the market for less than six months.

Memphis Depot Associates LLC, an affiliated entity of Dallas-based Mayfield Properties LP, on Friday, Aug. 5, bought 260 acres of property containing 4.2 million square feet in buildings in the industrial park and former Army base just north of Memphis International Airport from Depot Redevelopment Corp. of Memphis and Shelby County.

79. Atlanta Investment Group Buys Holiday Inn Select - Tuesday, August 02, 2011

5795 Poplar Ave.
Memphis, TN 38119
Sale Amount: $7.5 Million

Sale Date: July 19, 2011

80. Noble Investment Buys Holiday Inn Select - Thursday, July 28, 2011

An Atlanta hospitality investment firm has paid $7.5 million for the Holiday Inn Select Memphis East at 5795 Poplar Ave. where Poplar and Interstate 240 intersect.

81. 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.

82. End of the Road - Monday, July 04, 2011

Not long after the Federal Reserve announced a controversial program in November 2010 to buy $600 billion in U.S. government securities, Tennessee’s junior senator found himself besieged by incredulous voters at a town hall meeting in Memphis.

83. End of the Road - Friday, July 01, 2011

ot long after the Federal Reserve announced a controversial program in November 2010 to buy $600 billion in U.S. government securities, Tennessee’s junior senator found himself besieged by incredulous voters at a town hall meeting in Memphis.

84. Orchards of Collierville Sells for $15.7M - Friday, June 24, 2011

The Orchards of Collierville – a 226-unit apartment community at 400 Orchard Circle W. – has sold for $15.7 million.

85. Orchards of Collierville Sells for $15.7M - Thursday, June 23, 2011

The Orchards of Collierville – a 226-unit apartment community at 400 Orchard Circle W. – has sold for $15.7 million.

86. Hyde Named President at Alco Management - Tuesday, June 21, 2011

Alco Management Inc. has named Robert D. Hyde president of the Memphis-based development and property management firm.

87. Housing Gap - Monday, June 20, 2011

The push for home ownership has been a fundamental element of the American Dream since the 1960s.

And because a home is typically a person’s most valuable asset, research indicates home ownership stabilizes neighborhoods while also contributing positively to the overall economy. Leading this promotional effort is the National Association of Realtors, which regularly links a healthy housing market to job creation.

88. Sharp Optimistic About Future of CRE - Friday, June 17, 2011

For more than 17 years, Mary Sharp has made a name for herself in the historically male-dominated industry of commercial real estate.

89. Dollar General Building Store On Jackson In N. Memphis - Friday, June 10, 2011

Plans for a new Dollar General store in the city’s North submarket are under way. Ware Properties LLC purchased 9,100 square feet of vacant land at 3433 Jackson Ave. from Hector Tejeda in May for $140,000, according to the Shelby County Register of Deeds. The Shelby County Assessor of Property’s 2011 appraisal of the parcel was $109,200.

90. Cable Service Provider Signs New Lease - Friday, June 03, 2011

A Madison, Tenn.-based cable service provider is taking advantage of lower rates in a competitive leasing environment.

FTS USA has signed a 4,002-square-foot lease in East Pointe Business Center, 3915 S. Mendenhall Road.

91. Tunica Recovery - Friday, May 20, 2011

Two weeks after rising Mississippi River floodwaters forced a mandatory closure of all of Tunica County’s nine casinos, the area is doing its best to recoup.

Six of Tunica County’s nine casinos and resorts remain closed. Tunica County Emergency Management officials and the Mississippi Gaming Commission are currently working with all nine casino resorts in an effort to assess flood damage, begin the clean-up process and prepare for facility re-openings.

92. Apollo Slated to Buy EPE Parent Co. - Tuesday, May 10, 2011

The New York-based entertainment company that owns Elvis Presley Enterprises is being bought by Apollo Global Management, an asset management firm.

The planned merger of CKx Inc. into Apollo, also of New York, was announced Tuesday morning and is still awaiting the approval of CKx stockholders. The CKx board of directors has recommended approval.

93. Cabot Affiliate Buys Airport Industrial Warehouse - Tuesday, April 12, 2011

3924 Crowfarn Drive
Memphis, TN 38118
Sale Amount: $2.2 million
Sale Date: March 28, 2011
Buyer: Cabot III-TN1M01 LLC
Seller: MM Industrial Memphis LLC

94. Analysts: First Horizon Could Report Small Q1 Profit - Monday, April 11, 2011

The consensus estimate of more than two-dozen analysts is that First Tennessee Bank’s Memphis-based parent company will report a 4-cent profit for the first quarter when First Horizon National Corp. announces earnings this week.

95. Clearbrook Village Apts. Sells for $2.7 Million - Friday, April 08, 2011

Clearbrook Village Apartments LLC, a limited liability corporation associated with Brooklyn, N.Y.-based Besyata Corp., has bought Clearbrook Village apartments at 3516 Tall Oaks Circle from Alliance ES Clearbrook Village LLC for $2.7 million.

96. Commercial Council Has Shaped CRE Landscape - Wednesday, March 23, 2011

The Memphis Area Association of Realtors’ Commercial Council is often the first trade organization that comes to mind when considering the local commercial real estate industry.

Something perhaps less commonplace, however, is the history of the group’s founders, and their vision to connect professionalism with the community.

97. 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.

98. Mt. Zion Upgrades to Larger Church in Frayser - Friday, February 18, 2011

Two Memphis area churches have closed on a deal that’s been in the pipeline for about a year and a half.

Mt. Zion Baptist Church, 1280 Stonewall St., bought the 36,000-square-foot church at 1621 Dellwood Ave. in Frayser from Schoolfield United Methodist Church Inc. for $500,000.

99. Shifting Gears - Monday, February 07, 2011

Memphis has long been a real estate town.

Family names like Belz, Boyle, Clark, Fogelman, Loeb, Snowden and Wilkinson – to name a few – have become synonymous not only with local commercial and industrial development but also with the city’s business fortunes and cultural identity.

100. 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.