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Editorial Results (free)

1. Hickory Hill Warehouse Sells for $1.3 Million -

5837 Distribution Drive
Memphis, TN 38141

Sale Amount: $1.3 million

Sale Date: July 11, 2012

2. Walgreens Buyer Finances Purchase With $2.6M Loan -

WG Memphis Holdings LLC, the Hamilton, N.J.-based company that bought the Walgreens site at 6980 E. Holmes Road, has financed the purchase with a $2.6 million loan through Wells Fargo Bank NA.

3. Walgreens Site on Holmes Sells for $3.5 Million -

Hamilton, N.J.-based WG Memphis Holdings LLC has bought a Walgreens property at 6980 Holmes Road for $3.5 million, the same price seller Trio Investments LLC paid for it a decade ago.

4. Former Cordova Applebee’s To Be Converted to IHOP -

1106 N. Germantown Parkway
Cordova, TN 38016
Sale Amount: $1.3 Million

Sale Date: April 2, 2009
Buyer: Hotcakes Cordova Venture LLC
Seller: Gourmet Systems Inc.
Loan Amount: $1.6 million
Loan Date: April 2, 2009
Maturity Date: Sept. 30, 2014
Lender: Branch Banking and Trust

5. Oakhaven Walgreens Sells for $5.6 Million -

The Walgreens store at 3177 S. Perkins Road in the Oakhaven/Parkway Village area has sold for $5.6 million to an entity called Cole WG Memphis TN LLC in a special warranty deed. The sale closed in late March with CRE Memphis Triple Net Holdings as seller.