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Editorial Results (free)

1. Hot Yoga Plus Expands in Memphis -

Hot Yoga Plus, a Nashville-based yoga concept, is opening a second Memphis area location.

Hot Yoga Plus, founded by Memphian Susannah Herring, has signed a 2,015-square-foot lease at 9037 Poplar Ave. in Germantown. The new store is expected to open this fall and follows the original Memphis location in Laurelwood.

2. Hot Yoga Plus Expands in Memphis -

Hot Yoga Plus, a Nashville-based Yoga concept, is opening a second Memphis area location.

Hot Yoga Plus, founded by Memphian Susannah Herring, has signed a 2,015-square-foot lease at 9037 Poplar Ave. in Germantown. The new store is expected to open this fall and follows the original Memphis location in Laurelwood.

3. Music Lounge to Open in Edge District -

The Edge District near Downtown lost a theater but is gaining a new live music lounge in August.

The Dizzy Bird, named after legendary Jazz greats John “Dizzy” Gillespie and Charlie “Bird” Parker, is slated to open Aug. 2 at 652 Marshall Ave.

4. Pahlow Wins Broker of the Year -

After enduring early struggles in his commercial real estate career, Scott Pahlow has reached the top of his industry.

Pahlow, an executive vice president with Newmark Grubb Memphis, was named Commercial Broker of the Year Thursday night at the Memphis Area Association of Realtors Commercial Council’s 13th annual Pinnacle Awards gala.

5. FedExForum Area Targeted for Apartments -

Nashville-based Elmington Capital Partners apparently likes the apartment market in Downtown Memphis.

An Elmington-affiliated company plans on building a 64-unit apartment complex at 362 S. Second St., south of FedExForum.

6. Wright Signs Lease for East Memphis Headquarters -

After months of planning, Wright Medical Group Inc. has signed the lease for its new headquarters and is in the process of moving to the wooded office campus at Park Avenue and Cherry Road in East Memphis.

7. Olymbec Acquires 13-Building Bellbrook -

Olymbec USA LLC has snatched up two more key Memphis properties, including the 1.8 million-square-foot Bellbrook industrial park.

8. Commercial Real Estate Market Reawakens -

After suffering through a prolonged slump, the Memphis commercial real estate market this year began to shake off the rust that gathered during the “Great Recession,” and brighter days could be ahead for the prime markets in the apartment, retail, office and industrial sectors, according to local experts.

9. Events -

The Memphis Light, Gas and Water Division board will meet Thursday, Nov. 7, at 1:30 p.m. in the MLGW board room, 220 S. Main St. Visit mlgw.com.

10. Events -

Memphis Rotary Club will meet Tuesday, Nov. 5, at noon at the University Club of Memphis, 1346 Central Ave. Peter Letsou, dean of the University of Memphis Cecil C. Humphreys School of Law, will speak. Cost for nonmembers is $18. RSVP to Taylor Hughes at taylor@memphisrotary.org.

11. Events -

The Orpheum Theatre will present “West Side Story” Tuesday, Nov. 5, through Sunday, Nov. 10, at the theater, 203 S. Main St. Visit orpheum-memphis.com or call 525-3000 for showtimes and tickets.

12. ‘Pro-Business’ -

The explosive population growth and business-friendly environment in DeSoto County have combined to transform its formerly sleepy suburbs into thriving retail and industrial development centers.

Today, Goodman Road looks more and more like a busy commercial strip in Memphis, and DeSoto County has become the favored location for large industrial developers.

13. ‘Pro-Business Environment’ -

The explosive population growth and business-friendly environment in DeSoto County have combined to transform its formerly sleepy suburbs into thriving retail and industrial development centers.

Today, Goodman Road looks more and more like a busy commercial strip in Memphis, and DeSoto County has become the favored location for large industrial developers.

14. Apartment, Retail Markets Holding Steady -

The Memphis area multifamily and retail markets continue to chug along, with the newer, more upscale products in each sector propping up both overall markets.

Those trends and others in commercial real estate will be the subject of discussion Thursday, Nov. 7, during the 2013 Commercial Real Estate Review & Forecast, one of six seminars in The Daily News’ 2013 Seminar Series.

15. Airport Center Signs Two New Tenants -

Memphis International Airport Center in Southeast Memphis has recently experienced positive leasing activity.

Lansing Building Products, a major supplier of building products such as siding, windows, gutters, trims, railings, columns and stone, renewed its 24,524-square-foot lease at 3510 Winchester Road.

16. Loeb Enjoying Strong Demand in East Memphis -

Pomp & Poise, a new gift store concept specializing in home and garden items, has signed a new lease at Park Place Center.

Pomp and Poise will occupy 1,400 square feet at the East Memphis retail center at the southwest corner of Park Avenue and Ridgeway Road.

17. Rightful Owner -

Ever since he was a child, Brad Martin, chairman of private investment firm RBM Venture Co. and retired chairman and CEO of Saks Inc., was attracted to the large wooded property at 1023 Cherry Road near Park Avenue in East Memphis.

18. New School Media Blends Film, Music Into ‘Funky’ -

In 2007, Sean Faust and business partner Brad Ellis came together with Memphis music icon Doug Easley to create a company offering full-service audio and video recording and mixing services.

19. Real Estate Leaders to Present Trends at Forecast -

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.

20. Real Estate Leaders to Present Trends at Forecast Summit -

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.

21. Former Harrah's Headquarters Sells for $4.1 Million -

The previous owner of the East Memphis office complex at 1023 Cherry Road has reinvested in the asset for $4.1 million.

22. Former Harrah’s Headquarters Sells for $4.1 Million -

The previous owner of the East Memphis office complex at 1023 Cherry Road has reinvested in the asset for $4.1 million.

23. Former Harrah’s Headquarters Sells for $4.1 Million -

The previous owner of the East Memphis office complex at 1023 Cherry Road has reinvested in the asset for $4.1 million.

24. Levenger Leases Up EastPark IV -

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.

25. Lease Brings New Breed Footprint to 3 Million Feet -

New Breed Inc. is enhancing its Memphis operations with a new distribution warehouse lease in the Southeast industrial submarket.

26. Daves Quickly Climbing Commercial Real Estate Ranks -

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.

27. Teleflex Lease Marks Largest In Two Years -

Medical device company Teleflex Inc. has inked a substantial lease in DeSoto County, continuing to reduce the availability of Class A bulk inventory in the local industrial market.

28. Hillwood Buys Pilot Drive Warehouse -

Hillwood Investment Properties has purchased the 605,000-square-foot warehouse at 4221 Pilot Drive in Southeast Memphis for $7.5 million from Addison, Texas-based MM Industrial Memphis LLC.

29. Aren Buys SE Memphis Warehouse For $1.3M -

Trane U.S. Inc. has sold its parts distribution center in Southeast Memphis for $1.3 million.

Aren Investments LLC of Memphis acquired the 99,375-square-foot distribution warehouse at 4250 Concord Road. The company, which used a 1450 Massey Road address on the Shelby County Register of Deeds, financed the purchase with an $800,000 loan through BancorpSouth Bank. Igal Elfezouaty signed the trust deed as managing member of Aren.

30. Fla. Company Buys Cordova Retail Center -

Coral Springs, Fla.-based Swiss Capital Group LLC has acquired The Shops of Woodland Hills in Cordova for $3.1 million.

31. DRA Advisors Closes on Two Shelby Drive Warehouses -

New York-based DRA Advisors LLC has closed on two Memphis warehouse properties for $12.3 million, as part of a larger portfolio purchase from Houston-based Weingarten Realty Investors.

32. CBRE Promotes Four Brokers -

Four of CB Richard Ellis Memphis’ brokerage professionals received promotions last week – Patrick Burke, Alex Turley, Brad Murchison and Bobby Daush.

33. Pera, Lightman, Rainer V Take Top Pinnacle Awards -

The Memphis Area Association of Realtors Commercial Council honored the top performers in commercial real estate for 2011 at the 11th annual Pinnacle Awards gala, held Tuesday, April 24, at the Holiday Inn University of Memphis.

34. Awards Just One Facet Of Comm. Council -

This year marks a decade of existence for the Memphis Area Association of Realtors’ Commercial Council, the trade organization for the commercial real estate profession and its related sectors.

The council has about 325 members whose professions include commercial developers, brokers, property managers and other related CRE careers. Two of the council’s main events each year are the Commercial Property Forecast Summit, held in February, and the Pinnacle Awards, which honor the highest-producing commercial brokers each spring.

35. Weingarten Realty to Sell Two Industrial Properties -

Weingarten Realty Investors, a Houston-based owner, manager and developer of shopping centers, is preparing to sell its wholly-owned industrial portfolio – which includes two properties in Memphis – to New York-based DRA Advisors LLC for $382.4 million.

36. Trane Signs Lease on Tradeport Drive -

Trane U.S. Inc. has finalized its 625,000-square-foot industrial lease in Southeast Memphis after the deal process initially began in January 2011.

37. Trane US Inks Lease for 625K Sq. Feet in SE Memphis -

Trane U.S. Inc. has finalized its 625,875-square-foot industrial lease in Southeast Memphis, confirmed Brad Murchison with CB Richard Ellis Memphis. The residential and commercial heating, ventilation and air-conditioning (HVAC) systems provider also has a location in Southaven.

38. Prolonged Recession -

In the words of Phil Woodard, an owner of multiple residential and commercial properties in Downtown Memphis, breaking even is the new profit.

Or as national real estate expert Jonathan Miller said earlier this month at the Urban Land Institute’s Real Estate Outlook for the Mid-South, “We cannot expect to make money the way we did a few years ago.”

39. Green Shoots -

As the local commercial real estate market approaches the end of 2011, experts say it appears to be in line with national fundamentals for secondary and tertiary markets.

Shelby County commercial sales in the third quarter were the highest sales volume since Q3 2007, with $259 million, according to real estate information company Chandler Reports, www.chandlerreports.com.

40. Murchison Combines Passion, Fun in Career at CBRE -

The phrase “There’s no place like home” rings true for native Memphian Brad Murchison. As a major player in the CB Richard Ellis industrial leasing team, Murchison finds Memphis to be a perfect fit for his career choice.

41. Ambulance Co. Signs New Lease, Ups Space -

A Nashville-based health care company is expanding its Memphis presence. First Call Ambulance Services LLC has signed a three-year, 13,500-square-foot lease at 5155 Wilfong Road, more than doubling its existing space on Federal Avenue.

42. Davidson Hired as Manager of Habitat ReStore -

Joseph Yates Davidson has been hired as the manager of the new Habitat for Humanity ReStore, 7130 Winchester Road.

43. Memphis Pride Signs Lease At Trinity Ridge -

An up-and-coming Mid-South cheer and tumbling company has signed a new lease to expand its business, a move that will benefit the facility’s students and parents alike.

Memphis Pride is relocating from a 5,000-square-foot space in Cordova Industrial Park to 16,080-square-foot lease at 7740 B Trinity Road, suite 126.

44. MBIN Signs New Lease At Bellbrook Park -

A Memphis-based wholesaler of collectable items has signed a new industrial lease in the Southwest submarket.

MBIN Global Inc. has signed a new lease for 26,250 square feet at Bellbrook Industrial Park, 1004 Brooks Road.

45. Pinnacle Awards Honor City’s Best Brokers -

As emcee Dan Conaway noted in his opening address Thursday night at the 10th annual Pinnacle Awards, “OK is the new great.”

46. Pinnacle Awards Honor City's Best Brokers -

As emcee Dan Conaway noted in his opening address Thursday night at the 10th annual Pinnacle Awards, “OK is the new great.”

47. 2011 CRE Outlook Cautiously Optimistic -

Optimism is in the eye of the beholder in the commercial real estate industry. In a city plagued with high vacancies and scarce speculative development, investors have Memphis on its radar – and Memphis should too.

48. Dotzour Outlines CRE Future at MAAR Summit -

For this year’s version of the commercial real estate industry to differ from 2010, the economy needs one thing – jobs.

That was the message Mark Dotzour, chief economist and director of research for the Real Estate Center at Texas A&M University, told a room full of local brokers, bankers and appraisers at Wednesday’s Commercial Property Forecast Summit, held at the Germantown Performing Arts Centre and sponsored by the Memphis Area Association of Realtors Commercial Council.

49. Inaugural Seminar to Focus on CRE Issues -

Despite commercial real estate’s doldrums, local brokers are seeing signs of resurgence.

Commercial real estate investments – such as malls, office buildings and industrial properties – reached $316 billion nationwide in 2010, according to Thomas Reuters. That represented a 50 percent jump from an eight-year low in 2009 of $209 billion.

50. Summit to Provide Insights for CRE Market -

Commercial real estate professionals will soon have the opportunity to gain insight on local and national issues that have an effect on Memphis business.

The eighth annual Commercial Property Forecast Summit, presented by the Memphis Area Association of Realtors Commercial Council, will provide reviews and forecasts of four local commercial real estate sectors.

51. Interstate Brands Renews, Expands Lease -

Interstate Brands Corp. has renewed and expanded its lease in the Germantown Park - Kimbrough Building in Cordova, more than doubling its footprint.

52. Air Park Property Sells For $730,000 -

Crump Commercial LLC recently closed on a property at 3850 Air Park St., a deal that has been in the works for about six months.

53. Events -

The Memphis Rotary Club will meet Friday at noon at the Chickasaw Country Club, 3395 Galloway Ave. Dr. Jan Young, executive director of the Assisi Foundation, will be the featured speaker. Cost is $25 for guests. Reservations are not needed.

54. Events -

Launch Memphis will host a seminar titled “Bootstrapping: Business Plan Boot Camp” Saturday from 8:30 a.m. to 4 p.m. at 516 Tennessee St. Cost is $40. To register, visit bootcampmem.eventbrite.com.

55. Events -

The Greater Memphis Chamber will hold a breakfast forum today from 7:30 a.m. to 9 a.m. at the Memphis Marriott East, 2625 Thousand Oaks Boulevard. Meri Armour, president and chief executive officer of Le Bonheur Children’s Hospital, will speak. Cost is $25 for members and $35 for nonmembers. To register, contact Ericka Milford at 543-3518 or emilford@memphischamber.com.

56. Dishmon Joins UT Medical Group -

Dr. Dwight “Dan” Dishmon has joined the Department of Medicine at UT Medical Group.
Dishmon is an interventional cardiologist and cares for adults with ischemic heart disease and peripheral arterial disease.
He earned his medical degree and completed his internal medicine residency and general cardiology fellowship training at the University of Tennessee Health Science Center. He later completed additional fellowship training at Michigan State University’s Borgess Medical Center. 

57. $55M Transaction Lifts Commercial RE -

Shelby County's sluggish commercial real estate market got a boost when a portfolio that includes Cordova's Countrywood Crossing shopping center and Dick's Sporting Goods sold to an out-of-town real estate investor for $55.2 million.

58. Dick's Sporting Goods to Enter Memphis Market -      Fitness buffs and athletes in the Bluff City soon will have a new resource from which to buy their wares. Investors are working to close a deal that could bring Dick’s Sporting Goods to the Memphis market.
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59. Archived Article: Newsmakers - 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...

60. Archived Article: Newsmakers - YOUTH VILLAGES NAMES NEW BOARD MEMBER

UT Bowld Hires Transplant Services Director

Barry Marshall joined UT Bowld Hospital as administrative director of transplant services. Marshall previously worked with Health Alliance of Greater Cincinnati ...

61. Archived Article: Real Focus - By STACEY WIEDOWER

After off all-time lows, industrial market hopes for 2003 recovery

By STACEY WIEDOWER

The Daily News

The industrial real estate market remained slow in third quarter 2002 in the Memphis area, exhibiting the after effec...