» Subscribe Today!
More of what you want to know.
The Daily News
X

Forgot your password?
Skip Navigation LinksHome > Name & Property Search
Search results for 'Dexter Center' | Search again
DeSoto Public Records:0
Shelby Public Records:0
Editorial:100
West Tennessee:0
Middle Tennessee:0
East Tennessee:0
Other:0

You must be a subscriber to see the full results of your search.

Please log in or subscribe below if you are not already a subscriber.

The Daily News subscribers get full access to more than 13 million names and addresses along with powerful search and download features. Get the business leads you need with powerful searches of public records and notices. Download listings into your spreadsheet or database.

Learn more about our services | Search again


Editorial Results (free)

1. UT Who? Vols-Ole Miss Game a Mirror Image of ’69 -

KNOXVILLE – Bud Ford usually had no problem wearing the orange blazer in his early days as assistant sports information director at the University of Tennessee.

Not on this day, though. It was Nov. 15, 1969.

2. Harold Ford Funeral Home Files Construction Loan -

1670 Sycamore View Road
Memphis, TN 38134
Loan Amount: $2.6 million

Loan Date: Sept. 4, 2014
Maturity Date: N/A
Borrower: Harold Ford Sycamore View LLC and Serenity Columbarium and Memorial Gardens LLC
Lender: Regions Bank
Details: The Harold Ford Funeral Chapel at 1670 Sycamore View Road in Northeast Memphis has filed a $2.6 million construction loan on the property.

3. Pain Treatment Center to Open Second Locale -

Comprehensive Pain Specialists, a national player in the field of medical pain treatment centers from Nashville, has signed a lease for 4,713 square feet in Healthcare Realty Trust’s building at 8000 Wolf River Blvd.

4. Competition Calls -

Economic development and the quality of jobs coming to Shelby County are the dominant issues as county elected leaders begin a new four-year term of office this month.

And there are plenty of indications the local strategy is about to change, or at least shift, in response to the resurgence in manufacturing and distribution in North Mississippi.

5. Standing Out in The Crowd -

Last weekend, I had the pleasure of participating in a panel as part of the Memphis Urban League Young Professional’s 2014 Empowerment Conference. We spoke on the topic of “Stand Out in the Crowd.”

6. Vols: Looks Like 6-6 Season -

Pull out your 2014 schedules, UT fans.

Fall camp is done, and it’s time to get in game-week mode with the season opener against Utah State fast approaching.

So go to the little box next to each of UT’s opponents on the 2014 schedule and pick the winner.

7. Pressure Builds to Grant More Tax Breaks -

The head of the Economic Development Growth Engine organization says there is another side to the controversy over granting property tax abatements through payments-in-lieu-of-taxes that isn’t heard in the current civic discussion about the incentives.

8. Knowledge Tree Buys Cordova Retail Center -

8195 Dexter Road
Memphis, TN 38016
Sale Amount: $1.3 million

Sale Date: July 8, 2014
Buyer: K Tree LLC
Seller: 8195 Dexter Road LLC
Loan Amount: $1.5 million
Loan Date: July 11, 2014
Maturity Date: N/A
Lender: First Tennessee Bank NA
Details: An affiliate of the Knowledge Tree learning center has paid $1.5 million for the 28,575-square-foot shopping center at 8195 Dexter Road in Cordova.

9. Knowledge Tree Buys Cordova Location -

An affiliate of the Knowledge Tree learning center has paid $1.5 million for the 28,575-square-foot shopping center at 8195 Dexter Road in Cordova.

10. ‘Memphis Message’ -

During the recent Trans-Pacific Maritime conference in Long Beach, Calif., Memphis business leaders like Neely Mallory and Buzz Fly extolled the virtues of doing business in the Bluff City.

When FedEx founder, chairman and CEO Fred Smith addressed the crowd, the Greater Memphis Chamber’s logo was featured prominently on the large screen to his left.

11. MAAR to Hold Commercial Forecast Summit Feb. 12 -

Commercial real estate experts will share their insights this week on what to expect nationally and locally in 2014.

The Memphis Area Association of Realtors’ Commercial Council will host the 2014 Commercial Property Forecast Summit Wednesday, Feb. 12.

12. Belz Sells Shelby Oaks EnSafe Center for $910,000 -

5710-5730 Summer Trees Drive
Memphis, TN 38134
Sale Amount: $910,000

Sale Date: Jan. 10, 2014
Buyer: EnSafe Inc.
Seller: BICO Associates GP
Details: An affiliate of Belz Enterprises has sold the five-building Shelby Oaks EnSafe Center office complex on Summer Trees Drive in Northeast Memphis for $910,000.

13. Leases Push Renaissance Center Near Capacity -

The Renaissance Center office building in East Memphis should be near capacity early next year, following a series of recent lease signings.

Financial Federal signed a lease on Tuesday, Nov. 20, to occupy 27,000 square feet on the first and second floors of the Renaissance Center, 1715 Aaron Brenner Drive. In addition to the new location, the growing financial firm will have signage atop the East Memphis office building along Poplar Avenue east of Interstate 240.

14. School Board Fields Almost Set as Early Voting Ends -

So far, the Nov. 7 municipal school board races in Arlington and Collierville will be a formality.

The withdrawal deadline for candidates who have filed to run in the six sets of elections in Shelby County’s suburban towns and cities is Thursday, Oct. 3, at noon.

15. Early Voting Expands in District 91 Primary -

Early voting in the Democratic primary special election for State House District 91 expands Friday, Sept. 27, from the Shelby County Election Commission’s Downtown offices, 157 Poplar Ave., to three satellite locations.

16. LeSaint Logistics Leases Space Near Airport -

LeSaint Logistics LLC is entering the Memphis market, having recently leased 57,285 square feet at 3300 Jet Cove.

17. 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.

18. Council OKs Apartments, Golf Driving Range -

Memphis City Council members approved Tuesday, May 7, a golf driving range on Summer Avenue north of Sycamore View Road, a 240-unit apartment complex on 19.3 acres at Lenow and Dexter roads and a 69-unit apartment complex on the northern side of Shelby Farms Park to the west of Germantown Parkway.

19. Council Approves Apartments, Golf Driving Range -

Memphis City Council members approved Tuesday, May 7, a golf driving range on Summer Avenue north of Sycamore View Road, a 240-unit apartment complex on 19.3 acres at Lenow and Dexter roads and a 69-unit apartment complex on the northern side of Shelby Farms Park to the west of Germantown Parkway.

20. Council Moves on School Funding Standoff -

Memphis City Council members want to try to resolve the Memphis City Schools $57 million court judgment against the city as well as the city’s legal counterclaim that the school system owes it more than twice that by the end of this month.

21. The Panama Effect -

The expansion of the Panama Canal will affect the supply chain of businesses across the country, including those involved in Memphis industrial real estate.

The 48-mile Panama Canal connects the Pacific Ocean to the Atlantic Ocean through the Caribbean Sea. The $5.2 billion expansion will allow bigger container ships through the canal, providing a more efficient way of moving a large number of containers.

22. Victory Packaging Relocates to Memphis -

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.

23. Norfolk Southern Increases Activity -

Norfolk, Va.-based Norfolk Southern Corp. expects to continue increasing operations this year at its new Memphis Regional Intermodal Terminal in Rossville, just east of Collierville.

24. ‘Banner Year’ for Logistics Industry -

Positive momentum far outweighed the negative in the local logistics and distribution industry during 2012, as city officials and business leaders continued elevating Memphis’s status as world logistics hub.

25. I-Bank Grows in Namesake East Memphis Office Tower -

Independent Bank has expanded its headquarters at I-Bank Tower to primarily accommodate its Mortgage Lending Division.

26. Highpoint Church Buys Briarcrest’s East Memphis Campus -

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.

27. New Training Center Brings Employees To Logistics -

After years of work and coordination, a training program for workers in transportation, warehousing and logistics begins in January at Sheffield Career and Technology Center.

The idea of training warehouse workers sounds simple, but the coordination of a career pipeline has been difficult.

28. New Owner For Bartlett Car Wash Property -

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.

29. 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.

30. Monroe Ave. Bldg. Sells For $3.3M -

A fully leased Downtown office building has traded hands for more than twice its assessed value.

309 Monroe Property LLC purchased the 22,792-square-foot property at 309 Monroe Ave. for $3.3 million. The Shelby County Assessor of Property’s 2011 appraisal was $1.5 million.

31. 6 Months Later, What has Occupy Protest Achieved? -

NEW YORK (AP) – As spring approaches, Occupy Wall Street protesters who mostly hibernated all winter are beginning to stir with plans for renewed demonstrations six months after the movement was born.

32. HomeGoods Preps for Memphis Store -

Plans are under way for home décor retailer HomeGoods to enter the Memphis market in Cordova.

Metro Construction Inc. has filed a $950,000 building permit application with the city-county Office of Construction Code Enforcement for interior renovation of a former Samuels Furniture and Interiors at The Commons at Dexter Lake, 1615 N. Germantown Parkway, according to The Daily News Online, www.memphisdailynews.com.

33. Tried and True -

For 100 years, Palmer Brothers Inc. has operated in a conservative manner with repeat business from clients that share the same philosophy.

34. Sylvan Relocates Learning Center -

Sylvan Learning is relocating its Memphis center to 1605 N. Germantown Parkway in the Commons at Dexter Lake.

35. Nissan North America Renews Lease In SE Shelby -

Nissan North America Inc. has renewed its 413,000-square-foot lease in Southeast Shelby County.

36. The Burger Joint Joins Ridgeway Trace -

Another national burger chain is setting up shop locally, except this one selected Memphis as its entrance into the Tennessee market.

BGR The Burger Joint is the latest tenant to join Ridgeway Trace Center, the 347,358-square-foot development at Poplar Avenue and Interstate 240 anchored by Target, Best Buy, PetSmart and Sports Authority.

37. Airport Hotel, Conference Center Sells for $4.4M in Foreclosure -

2240 Democrat Road
Memphis, TN 38132
Sale Amount: $4.4 million

Sale Date: July 22, 2011

38. Vieux Carre Retail Center Sells for $1.3 Million -

Vieux Carre Investments LLC has bought Vieux Carre, a neighborhood shopping center at 7981 Dexter Road, from Nancy S. Waddell for $1.3 million. The deal closed July 28.

39. Market Seeing Ups and Downs -

The housing market’s recovery could be another year out, commercial sales are at record highs and Memphis is back in the game of economic development.

That was the message a room full of real estate agents, appraisers and financial professionals received Wednesday, July 25, when real estate information company Chandler Reports hosted its “Master Your Market: 2nd Quarter 2011 Update,” in conjunction with the Appraisal Institute of Memphis’ 2nd Quarter membership luncheon at the University of Memphis Fogelman Executive Center, 330 Innovation Drive.

40. Nike Adds 400K Square Feet To Local Portfolio -

The world’s largest maker of athletic gear has signed a lease in Memphis’ Southeast industrial submarket to handle its newly acquired NFL contract.

Nike Inc. inked a 400,000-square-foot warehouse lease in Centerpointe Distribution Center No. 1, 3461 E. Raines Road. Built in 1994, the property, owned by San Francisco-based Prologis Inc., features 38 dock doors and an 11,687-square-foot office space component.

41. Fluctuating Market at Heart of Seminar -

As real estate professionals gather this week to take a look at the latest numbers, they’ll not only learn about local residential and commercial trends, but also be brought up to speed about Memphis’ role in the global economy.

42. Blues City Brewery Buys Hardy Bottling -

5151 E. Raines Road
Memphis, TN 38118
Sale Amount: $10 million

Sale Date: May 2, 2011
Buyer: Blues City Brewery LLC
Seller: Chism Hardy Enterprises LLC

43. Cordova Shopping Center Sells in Foreclosure -

8195 Dexter Road LLC, an affiliate of Hillsboro, Ore.-based StanCorp Mortgage Investors LLC, has acquired a strip shopping center at 8195 Dexter Road in Cordova via a foreclosure sale. The original borrower was Old Forest Properties GP, who borrowed $1.8 million from Standard Insurance Co. in December 2008.

44. Staples to Build First Memphis Location -

The world’s largest office products company will soon enter the Memphis market.

Framingham, Mass.-based Staples Inc. has signed a 17,945-square-foot lease at Ridgeway Trace, the shopping center at Poplar Avenue and Interstate 240 developed by Houston-based Weingarten Realty Investors.

45. Family Dollar Signs 2 Leases for Stores -

Family Dollar has signed a 12,000-square-foot lease at 2754 Lamar Ave. Shawn Massey, partner with The Shopping Center Group LLC, represented the tenant. Harold Blockman with Keller Williams Realty Inc. represented the landlord, Chong K and Dul S. Pae.

46. Aerotropolis Initiative to Develop Master Plan -

The Greater Memphis Chamber’s Dexter Muller has often said the word “aerotropolis” sounds like the place where Superman was born.

47. Louis Dreyfus Buys Kentucky Drive Warehouse -

2514 Kentucky Drive
Memphis, TN 38106
Sale Amount: $2.4 million

Sale Date: Dec. 28, 2010
Buyer: Louis Dreyfus Commodities Memphis Warehousing LLC
Seller: Westside Compress Co. Inc.

48. Cordova Shopping Center Sells for $1.8 Million -

Old Forest Properties GP has sold a strip shopping center at 8195 Dexter Road to 8195 Dexter Road LLC for $1.8 million. The sale document states it is a non-merger deed in lieu of foreclosure.

49. ATTN: Mayor Wharton -

Memphians sound off on city’s most pressing needs.

Aaron Shafer
Founder of Skatelife Memphis; scientist at St. Jude Children’s Research Hosp.

Develop and promote a citywide mentoring campaign. We must heavily invest in the positive development of our children. Many of our Memphis children suffer not from a material poverty, but a poverty of healthy relationships and ultimately a poverty of possibility – of reaching their full potential. Each of us has had supportive network of mentors (“the village”) in our lives, be they our parents, teachers or friends, that have come along side of us to build our self-esteem and to help us navigate a path that moves us closer to realizing our potential.

50. Norfolk Yard Finally Set to Commence -

Norfolk Southern Corp. has a busy year ahead as it finally begins preparations for a $112 million project that will create jobs, increase rail capacity and reduce highway traffic congestion in the Memphis area.

51. Eastgate Sells for $31.5 Million -

The Eastgate Shopping Center on Park Avenue in East Memphis has sold to a Dallas-based entity for $31.5 million from Belz Enterprises, according to documents filed with the Shelby County Register of Deeds.

52. Memphis Stands Tall as Logistics Industry Struggles -

Although the aftermath of the recession was palpable across all industry sectors in 2010, Memphis continued to prove its status as a critical logistics and distribution center.

The year came to a close with a milestone in economic development when Swedish manufacturer Electrolux said it will build a $190 million manufacturing plant on 800 acres of land in the Frank C. Pidgeon Industrial Park in southwest Memphis.

53. Loeb Buys Park Place for $10.3M -

Loeb Properties Inc. has bought Park Place Centre from Belz Enterprises Inc. for $10.3 million – the biggest retail transaction of the year.

54. Loeb Buys Park Place for $10.3M -

Loeb Properties Inc. has bought Park Place Centre from Belz Enterprises Inc. for $10.3 million – the biggest retail transaction of the year.

55. Blackstone-Affiliated LLCs Buy Warehouses for $22M -

4460 E. Holmes Road
Memphis, TN 38118
Sale Amount: $12.1 million

Sale Date: Dec. 8, 2010
Buyer: BRE/EX TN Properties LLC
Seller: Exeter 4460 Holmes LLC
Loan Amount: $18.4 million
Loan Date: Dec. 10, 2010
Maturity Date: n/a

56. World Beaters -

While many peer companies are contracting amid the recession, Mallory Alexander International Logistics continues to expand its third-party logistics (3PL) operations.

The Memphis firm, which specializes in global logistics and supply chain services, most recently bought Charleston, S.C.-based Tradesource Inc. from Atlantic Services Group Inc.

57. Events -

Baker, Donelson, Bearman, Caldwell & Berkowitz PC will host a roundtable discussion with attorney Grady Garrison titled “The Application of ‘Entire Market Value Rule’ to Patent Damages Analysis” Thursday from noon to 1 p.m. at Baker Donelson’s office at 165 Madison Ave, 20th floor. For more information or to register, contact Brittany Meeker at 577-2275 or bmeeker@bakerdonelson.com.

58. Events -

The Bartlett Area Chamber of Commerce will host a Staying Ahead of the Curve workshop Wednesday from 7:30 a.m. to 9 a.m. at 2969 Elmore Park Road. The topic will be “Significantly Increase Sales, Customer Loyalty and Profits Through a Subscriber Base Marketing Approach.” For reservations, call 372-9457 or e-mail info@bartlettchamber.org.

59. Events -

The Palladio Group will hold its annual Christmas Open House Thursday through Saturday at Palladio, 2169 Central Ave. The open house will feature special events, artists, decorating demonstrations and guest exhibitors. For more information, visit www.thepalladiogroup.com.

60. D. Canale Site Sells as Part of Hand Purchase -

45 E.H. Crump Blvd.
Memphis, TN 38106
Sale Amount: $4 million

Sale Date: Sept. 24, 2010
Buyer: The Hand Family Realty Co. LLC
Seller: D. Canale Beverages LLC
Loan Amount: $48.4 million
Loan Date: Sept. 27, 2010
Maturity Date: n/a
Lender: Branch Banking and Trust Co.

61. Former Bennigan’s Set to be Razed -

5336 Poplar Ave.
Memphis, TN 38119
Permit Amount: $775,000

Project Cost: n/a
Permit Date: Applied August 2010
Completion: Late fourth quarter 2010
Owner: Danco
Tenant: Newk’s Express Café
Contractor: Fleming/Associates/Architects PC
Architect: Horizon Construction LLC

62. Cotton Leads April’s Slow CRE Numbers -

Cotton was king of commercial real estate in April as transactions involving three merchants – a pair of longtime Memphis companies and one area newcomer – represented two of the month’s top sales.

63. Cohen Bill Elevates Aerotropolis Concept -

U.S. Rep Steve Cohen hopes his colleagues on Capitol Hill will soon become as familiar with the term “aerotropolis” as the constituents he represents in Tennessee’s 9th District.

64. American Snuff Files Permit for Improvements to Hickory Hill Property -

5106 Tradeport Drive
Memphis, TN 38115
Permit Amount: $3.2 Million

Project Cost: $3.2 million
Permit Date: Applied April 2010
Completion: TBA
Owner: American Snuff Co. LLC
Tenant: American Snuff Co. LLC
Contractor: N/A
Architect: N/A

65. Calif. Company Buys Two Foreclosed Buildings -

A California company called Logical Group Inc. has paid $1.1 million for a pair of commercial buildings that recently were foreclosed.

66. Schoolhouse Shuffle -

On a cold February morning, a group of excited parents clustered in a tent in back of Kate Bond Elementary School.

67. Six Permits Issued to Airport For Ground Transportation Center -

2491 Winchester Road
Memphis, TN 38116
Permit Amounts: $89.5 Million

Project Cost: $121 million
Permit Date: Issued March 2010
Completion: Spring 2012
Owner: Memphis-Shelby County Airport Authority
Tenant: Memphis-Shelby County Airport Authority
Contractor: The Flintco Cos. Inc.
Architect: Walker Parking Consultants

68. Commercial Real Estate Hits Doldrums -

When it comes to trends, commercial real estate usually lags residential real estate, sometimes by as much as a year. So with the housing market showing its first signs of improvement during the last month or so, the commercial sector needs to prepare itself for a long, bumpy road to recovery.

69. Grand Island Files Permit For Mud Island Apartment Complex -

300 Grand Island Drive
Memphis, TN 38103
Permit Amount: $12.1 Million

Project Cost: $19 million
Permit Date: Applied November 2009
Completion: 2012
Owner: Grand Island Partners
Tenant: Grand Island
Contractor: Keith and David Grant Homes LLC
Architect: MMH Hall Architects and Planners Inc.

70. Cordova AT&T Store Sells for $2.4 Million -

An investment group known as Memphat Partnership has bought the AT&T store at 1684 N. Germantown Parkway in Cordova. The partnership paid $2.4 million for the 3,952-square-foot standalone building that was completed in 2008. The Class A structure sits on 0.74 acres along the east side of North Germantown Parkway.

71. Muller to Tout City’s Position For Shipping -

Memphis’ role in the global supply chain is often underappreciated, but shippers moving auto parts from Yokohama to Yazoo City or electronics from Beijing to Birmingham understand this city’s importance.

72. YLD President Wiggins Joins Baker Donelson as Associate -

Kyle M. Wiggins has joined Baker, Donelson, Bearman, Caldwell & Berkowitz PC as an associate in the Health Services & Products group. He will concentrate his practice on litigation surrounding medical malpractice defense, personal injury defense and general civil litigation.

73. Taking Off -

Aviators attain flight and control the movements of their aircraft by precisely balancing the forces of lift, thrust, drag and gravity. The people piloting the aerotropolis initiative – the promotion of Memphis’ economy focused on the airport, other transportation assets and the connectivity among them – are negotiating their own set of physics in hopes of becoming airborne.

74. Taking Off -

Aviators attain flight and control the movements of their aircraft by precisely balancing the forces of lift, thrust, drag and gravity. The people piloting the aerotropolis initiative – the promotion of Memphis’ economy focused on the airport, other transportation assets and the connectivity among them – are negotiating their own set of physics in hopes of becoming airborne.

75. Prayers for Peaceful End to King Sibling Feud -

ATLANTA (AP) - A follower of the Rev. Martin Luther King Jr. on Tuesday invoked the spirit of the civil rights icon and his wife, Coretta, in praying for a peaceful resolution to the legal battle among the King children.

76. CN’s Harrison Yard Elevates Railroad, Memphis -

E. Hunter Harrison’s railroad legacy was cemented last week when Canadian National Railway Co. renamed its Johnston Yard freight car switching facility after him.

77. CN’s $100M Renovation Draws to a Close -

Canadian National Railway Co. next week will unveil the three-year, $100 million renovation to its Johnston Yard freight car switching facility in South Memphis. The railroad will commemorate its massive investment of time and money on Sept. 24 at 11 a.m. at the yard, 297 Rivergate Road, off Horn Lake Road.

78. Local Logistics Industry Embraces Norfolk Southern Expansion -

Although Norfolk Southern Corp.’s planned $129 million intermodal yard won’t be built within the city limits but instead in neighboring Rossville, Memphis’ logistics and distribution industries stand to benefit from the railroad’s decision to expand its local presence.

79. Weichert Realtors’ Chapman Recognized for Service Achievement -

Amy Chapman, broker and owner of Weichert Realtors-Chapman & Associates, has been awarded Quality Service Certified Platinum status. It is considered the highest level of service achievement in the real estate industry.

80. Commercial Real Estate Hangs on for Dear Life -

The pulse of commercial real estate is barely detectable, but the fact that it’s still registering a beat is remarkable considering the trauma it’s suffered over the past year.

From March 2008 through February 2009, commercial sales in Shelby County declined 35 percent compared to the prior 12-month period, according to the latest data from real estate information company Chandler Reports, www.chandlerreports.com.

81. Recession Not Welcome -

A touch of New Orleans is taking shape in Memphis thanks to a family owned real estate development group called The Commons at Dexter Lakes LLC.

82. Norfolk Southern Wrangles With Detractors Over Expansion -

Economic investment during a recession typically receives a wave of support, but Norfolk Southern Corp.’s tentative plan to develop a massive intermodal yard in Fayette County has been met with a groundswell of resistance.

83. Tight Credit Put Squeeze On ‘08 Commercial Real Estate Sales -

As with the residential sector, 2008 was a year to forget in commercial real estate, which suffered declining sales and endured a nationwide credit crunch throughout the year.

“The big storyline in ’08 was that lenders weren’t lending,” said Johnny Lamberson, senior vice president at CB Richard Ellis Memphis. “It put a real tightening on deals getting done. If deals weren’t highly leveraged, as the year went on it became harder and harder to get transactions closed because nobody was lending money.”

84. $4.5M Ice Arena Coming to Cordova -

An ownership group called Memphis Ice Arena LLC plans to bring a $4.5 million, 65,000-square-foot ice arena to the city in 2009, ending a six-year drought without a public ice rink.

85. Newly Merged Renal Firm To Improve Poplar Ave. Building -

1333-1341 Poplar Ave.
Memphis, TN 38104
Permit Amount: $1.2 Million

Project Cost: $1.2 million
Permit Date: Applied December 2008
Completion: TBA
Owner: National Renal Alliance LLC
Tenant: National Renal Alliance LLC
Contractor: N/A
Architect: N/A

86. Commercial Real Estate Sales Down 18 Percent -

A familiar theme in the commercial real estate market continued in November as a couple of high-dollar transactions kept the month out of the doldrums. Not surprisingly, though, those numbers didn’t do much to salvage an otherwise dismal year.

87. Events -

The Alliance for Nonprofit Excellence will hold a workshop titled “Your Nonprofit Business Model: Good to Great” today from 8:30 a.m. to 3:30 p.m. at the Alliance office, 5100 Poplar Ave., Suite 502. The facilitator will be Richard Brewster. Cost is $89 for Program for Nonprofit Excellence participants, $99 for members and $150 for nonmembers. For reservations, e-mail adeberry@npexcellence.org, call 684-6605 or visit www.npexcellence.org.

88. Houston REITs Buy $42M Share In Local Shopping Centers -

A newly formed joint venture between Weingarten Realty Investors and Hines Real Estate Investment Trust (REIT), both of Houston, has bought a majority share of two local Kroger-anchored retail centers for a combined $41.6 million.

89. 62-Bed Alzheimer’s Facility Coming to Germantown - 3179 Professional Plaza
Germantown, TN 38138
Permit Amount: $5.6 Million

Project Cost: $5.6 million
Permit Date: Applied October 2008
Completion: October or November of 2009
Owner: Alexander Enterprises
Tenant: Alexander Enterprises
Contractor: Patton and Taylor Enterprises
Architect: O.T. Marshall Architects

Details: An Alzheimer’s facility called the Gardens of Germantown soon will rise at 3179 Professional Plaza, which runs between Poplar Avenue and Poplar Pike near the Germantown/Collierville border.

Developer Alexander Enterprises has filed a permit application with the city-county Department of Construction Code Enforcement to build the 30,500-square-foot, single-story facility. The Gardens of Germantown will be a 48-unit, 62-bed facility that sits on roughly half of a 4.36 acre-parcel backing up to the Village Shops of Forest Hill retail center. Beacon Communities Inc. of Cumming, Ga., will manage the facility.

Construction on the building, set to begin in December, should take 10 months, said Michael Alexander of Alexander Enterprises, with an opening projected for October or November 2009. The property has been divided into two lots, with the Gardens of Germantown slated for the northwest corner of the property.


1.46 Acres in Commons at Dexter Lake
Cordova, TN 38018
Loan Amount: $1.2 Million

Loan Date: Oct. 2, 2008
Maturity Date: April 22, 2009
Borrower: Commons at Dexter Lake LLC
Lender: First Citizens National Bank

Details: A $1.6 million retail center with a French Quarter motif is being built in Cordova. The Commons at Dexter Lake LLC has filed a $1.2 million construction loan to build a 10,400-square-foot retail center, dubbed Vieux Carré, south of Dexter Road and west of Chickering Lane. Construction started last week. The development team bought the land from John B. Maxwell Jr., trustee for the sellers, for $334,541 and filed the construction loan through First Citizens National Bank. Commons at Dexter Lake LLC principal Nancy Waddell signed the trust deed. The center will sit on a 1.46-acre parcel near the Commons at Dexter Lake retail center and the Reserve at Dexter Lake apartments. A spokesman for the developer said the seven-bay center already has five leases signed. Tenants include a Belle Meade salon, financial planner Martin Hearn, a Crown Trophy store and a florist/gift shop. Jeff Blackledge is architect for Vieux Carré. KT Construction LLC, whose partners are Scott Turnage and Riley Kail, will be the general contractor. Turnage said the company is “stripping the lot off right now and pushing hard for the first of the year” to complete the center. “We’re going to go for kind of a hybrid French Quarter style – we’re going to be doing more of a Bourbon Street look,” Turnage said. “It’s going to be a strip center, but we’re going to try to give each space individuality, using depth and height offsets to try to give each space somewhat of a unique appearance.” More retail space will be coming to the site soon.


6075 Winchester Road
Memphis, TN 38115
Sale Amount: $1.4 Million

Sale Date: Oct. 23, 2008
Buyer: World Overcomers Outreach Ministries Church Inc.
Seller: Carlyle Rock Ridge LLC
Loan Amount: $1.2 million
Loan Date: Oct. 24, 2008
Maturity Date: N/A
Lender: Tri-State Bank of Memphis

Details: World Overcomers Outreach Ministries Church Inc. has bought the Hickory Ridge Mall for $1.4 million from Carlyle Rock Ridge LLC. The roughly 500,000-square-foot Hickory Ridge Mall sits on 44 acres at 6075 Winchester Road in Hickory Hill. It was damaged by a tornado during the Feb. 5 storms that ripped through the southern and southeastern areas of town. World Overcomers will retain its congregational home at the former Central Church at 6655 Winchester Road, down the road from the mall. The church bought that property in 2001 for $10 million. Church pastor Alton Williams has announced plans to turn the mall into a Christian community center, replete with a restaurant, banquet hall, theater and other services for the neighborhood. The Hickory Ridge Mall opened in 1981 to much fanfare, but it steadily declined over the years as newer malls opened in other parts of town and tenants departed. The February storm proved to be a death knell for the mall. Although the city of Memphis considered buying it and turning it into a satellite office for city services, the renovation proved too costly.


...

90. New Orleans-Style Center Comes to Cordova - A $1.6 million retail center with a French Quarter motif is being built in Cordova. The Commons at Dexter Lake LLC has filed a $1.2 million construction loan to build a 10,400-square-foot retail center, dubbed Vieux Carré, at the southwest corner of Germantown Parkway and Dexter Road. Construction started this week.

The development team bought the land from John B. Maxwell Jr., trustee, for $334,541 and filed the construction loan through First Citizens National Bank. Commons at Dexter Lake LLC principal Nancy Waddell signed the trust deed.

The center will sit on a 9-acre parcel west of the Jason’s Deli off Dexter Road. The property is near the Commons at Dexter Lake retail center and the Reserve at Dexter Lake apartments.

A spokesman for the developer said the seven-bay center already has five leases signed. Tenants include a Belle Meade salon, financial planner Martin Hearn, a Crown Trophy store and a florist/gift shop.

Jeff Blackledge is architect for Vieux Carré. KT Construction LLC, whose partners are Scott Turnage and Riley Kail, will be the general contractor. Turnage said the company is “stripping the lot off right now and pushing hard for the first of the year” to complete the center.

“We’re going to go for kind of a hybrid French Quarter style – we’re going to be doing more of a Bourbon Street look,” Turnage said. “It’s going to be a strip center, but we’re going to try to give each space individuality, using depth and height offsets to try to give each space somewhat of a unique appearance.”

More retail space will be coming to the site soon.

Source: The Daily News Online & Chandler Reports


...

91. Lightman Realty to Begin Phase II of Centennial Gardens -

7751 Centennial Drive
Memphis, TN 38125
Permit Amount: $10.6 Million

Project Cost: $14 million
Permit Date: Applied October 2008
Completion: 2010
Owner: Michael Lightman Realty Co.
Tenant: Michael Lightman Realty Co.
Contractor: Patton & Taylor Construction Co.
Architect: MMH Hall Architects and Planners Inc

92. Port Honor Shows ‘What Memphis Is About’ -

Donald McCrory hadn’t heard that the International Port of Memphis would be featured this summer by the U.S. Custom House Guide as its “Port of the Month,” but he wasn’t surprised by the news either.

93. New AT&T Retail Center Slated for Germantown Parkway -

1730 N. Germantown Parkway
Cordova, TN 38016
Sale Amount: $1.3 Million

Sale Date: May 6, 2008
Buyer: Retail Realty Partners LLC
Seller: First Capital Bank
Loan Amount: $2 million
Loan Date: May 12, 2008
Maturity Date: May 12, 2015
Lender: Cadence Bank NA

94. Hong Kong Closes On Memphis' Airport Ranking -

When Memphis International Airport was named last week as the world's busiest cargo airport for the 16th consecutive year, the rankings indicated that an already slim lead over No. 2 Hong Kong had narrowed even more.

95. Regional Logistics Council Looks to '08 -

Formed three years ago to address Memphis' ever-growing and ever-changing role in global distribution and logistics, the Regional Logistics Council will close the books on 2007 - and look ahead to 2008 - at its quarterly meeting Thursday.

96. New Group Hopes To Reinvigorate Airport Area -

With its corporate charter on file and its executive director at the controls, the Memphis Airport Area Development Corp. is finally ready for takeoff.

On Thursday, after months of planning, native Memphian John Lawrence officially will take the reins of this newly chartered group, which is charged with reinvigorating the neighborhoods around Memphis International Airport.

97. Kemmons Wilson Cos. Builds Lifestyle Condos -

Part of the recent hand-wringing over the fate of the housing market has to do with more and more borrowers finding themselves stuck in homes they can't afford. At the other end of the spectrum, there are the wealthy investors - spooked by the volatility of it all - taking actions that inadvertently rock broader sections of the economy.

98. Archived Article -

1700, 1800 and 1820 N. Germantown Parkway
And 8110 Dexter Road
Sale Amount: $7 million

Sale Date: July 31, 2007

99. Events -

The Memphis Regional Chamber will host a Metro Business Council breakfast today from 7:30 a.m. to 9 a.m. at The Crescent Club, 6075 Poplar Ave., Suite 909. Dexter Muller, senior vice president of community development at the chamber, will speak on "Business Community." One employee from each member business can attend for free. All others from member businesses pay $20. Nonmembers pay $30. To RSVP, call 542-3571.

100. Events -

Talk Shoppe will hold a meeting featuring Debbie Reeves, director of business development at the Tennessee Housing Development Agency, today from 9 a.m. to 10 a.m. The talk is titled "Tennessee Housing Development Agency - New and Improved." The meeting will be held at the Better Business Bureau of the Mid-South, 3693 Tyndale Drive.