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Editorial Results (free)

1. Richmond Honan Buys Quince Centre for $10 Million -

6555 Quince Road
Memphis, TN 38119
Sale Amount: $10.4 million
Sale Date: March 7, 2014

2. Cordova Staples Sells For $3.3 Million -

The 18,200-square-foot Staples store at 2321 N. Germantown Parkway has sold for $3.3 million.

3. TJX Leases Up Chickasaw Building D -

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

4. Patterson Warehouses Adds Space -

Patterson Warehouses Inc. is boosting its longtime local presence with a new lease in DeSoto County.

The renowned player in Memphis’ third-party logistics industry is leasing 237,952 square feet of Class A space in Marathon Distribution Center, 295 Marathon Way in Southaven.

5. StyleCraft Signs Lease At Airways Building E -

Home decor company StyleCraft Home Collection Inc. has signed a 167,600-square-foot lease at Industrial Developments International’s Airways Distribution Center Building E.

6. Q2 Mortgage Counts Fall 24 Pct. -

A slide in mortgage activity between April and June, coinciding with a plunge in home sales, adds up to a housing market in Shelby County that’s still shell-shocked.

And whether or not anyone wants to believe the picture will improve anytime soon, significant headwinds still abound. Fixed mortgage rates are on the rise, and joblessness is still a drag on not only housing but the economy at large.

7. USAA Buys Summit II Building -      An affiliate of USAA Real Estate Co. has bought Summit II, a 790,000-square-foot industrial building at 5215 U.S. 78, from Principal Global Investors for an undisclosed sum.
     The building

8. CB Richard Ellis BrokersBig Deal for USAA Real Estate -      San Antonio-based USAA Real Estate Co. has sold a 10.6 million-square-foot U.S. Supply Chain Class "A" Industrial portfolio, which included eight buildings in Memphis, for an undisclosed amount to London-based StratREAL.