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Editorial Results (free)

1. Pan Am Flight Academy Building Sold -

A private investment group has purchased the Pan Am International Flight Academy office building.

Valhalla Financial bought the Memphis property, which is occupied by Pan Am’s local flight academy, for $4.9 million from Road Bay Investments LLC, a subsidiary of The Allstate Corp.

2. Pan Am Flight Academy Building Sold -

A private investment group has purchased the Pan Am International Flight Academy office building.

Valhalla Financial bought the Memphis property, which is occupied by Pan Am's local flight academy, for $4.9 million from Road Bay Investments LLC, a subsidiary of The Allstate Corp.

3. Farrisview Freight Terminal Sells for $1.7 Million -

2727 Farrisview Blvd.
Memphis, TN 38118

Sale Amount: $1.7 million

Sale Date: April 27, 2012

4. Distriplex Center Property Sells for $3.8 Million -

Salt Lake City-based 4665 Distriplex Drive LLC has bought Class A warehouses in Distriplex Center from Road Bay Investments LLC for $3.9 million, filing a $3.7 million construction loan through Wells Fargo Bank NA at the time of purchase.

5. JLS Enterprises Buys SE Market Warehouse -

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.

6. Montreal Investor Pays $7.3M for Memphis Center -

A Canadian real estate investment group has bought a distressed South Memphis industrial park with plans to reabsorb the space and bring it back to life.

Richard Stern, principal with Montreal-based Olymbec purchased the 1.1 million-square-foot Space Center, 3051-3133 Tranquility Drive, for $7.3 million.

7. Canadian Group Buys Distressed South Memphis Industrial Park -

A Canadian real estate investment group has bought a distressed South Memphis industrial park with plans to re-absorb the space and bring it back to life.

Richard Stern, principal with Quebec, Canada-based Olymbec purchased the 1.1 million-square-foot Space Center, 3051-3133 Tranquility Drive, for $7.25 million.

8. Jim’s Place East Finds New Home on Perkins -

Jim’s Place East – a Memphis tradition since its founding nearly 90 years ago – is opening a location at Poplar Avenue and Perkins Road, having signed a 10-year lease for the 5,900-square-foot space that recently housed Harold’s women’s boutique.

9. Jim's Place East to Relocate to Poplar/Perkins -

Jim’s Place East – a Memphis tradition since its founding nearly 90 years ago – is opening a location at Poplar Avenue and Perkins Road, having signed a 10-year lease for the 5,900-square-foot space that recently housed Harold’s women’s boutique.

10. Holrob Sells Last Piece Of Collierville Crossing Retail Center -

1.1 Acres
Collierville, TN 38017
Sale Amount: $1.5 Million

Sale Date: Oct. 15, 2009
Buyer: Murray-Collierville LLC
Seller: Holrob-Collierville LLC
Loan Amounts: $1.2 million; $200,000
Loan Dates: Oct. 15, 2009
Maturity Dates: Nov. 2, 2034; Oct. 15, 2014
Lenders: Community Financial Services Bank; Holrob-Collierville GP

11. Holrob Investments Sells Collierville Parcel -

Holrob-Collierville GP, an affiliate of Knoxville-based Holrob Investments LLC, has sold a seven-bay, 8,820-square-foot retail center that sits on 1.1 acres in Collierville Crossing for $1.5 million to an entity called Murray-Collierville LLC. The sale closed Thursday.

12. California Investor Sees Memphis As 'Long-Haul' Market -

Thanks to his company's recent purchase of The Birches Townhouses in Whitehaven for $3.6 million, Bill Sparano can be counted among the out-of-town investors who are bullish on Memphis real estate.

13. Archived Article -

Properties in Collierville, Memphis,
Jackson, Tenn., and Southaven
Loan Amount: $9.3 million

Loan Date: Nov. 30, 2006

14. Archived Article: Real Review - Memphis firm to manage Memphis firm to manage Florida resort properties Davidson Hotel Co. of Memphis added two properties to its management portfolio. The Hilton Longboat Key Beach Resort and the Holiday Inn Lido Beach in Florida are two of the 26 ...

15. Archived Article: Real Review Lj - Real Review 7-20-99 Construction is underway on a new worship center for Rivercrest Baptist Church at 5900 Old Brownsville Road in Shelby County. Plans for the new church include a sanctuary designed to seat about 130, as well as an auditorium and c...