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Editorial Results (free)

1. Loeb Midtown Center Now Fully Leased -

Loeb Properties’ Belvedere Collection on Union Avenue in Midtown is 100 percent leased.

Agilitas USA Inc., operating as Results Physiotherapy, signed a new lease for 2,280 square feet in Suites 105-106 at the retail strip center.

2. CB Richard Ellis Brokers Four Multifamily Sales -

The multifamily group at CB Richard Ellis Memphis has closed on the sale of four properties in the Memphis market over the last several weeks.

Briar Club Apartments, a 272-unit apartment community constructed in 1985, sold for $8.7 million, or $32,093 per unit. Cinnamon Trails Apartments, a 208-unit apartment community constructed in 1989, sold for $8.6 million, or $41,461 per unit. respectively. CBRE Memphis represented the sellers, Briar Apartments LLC and Cinnamon Apartments LLC in the sale to New York based Briar Club LLC and Cinnamon Trail LLC.

3. 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.

4. Unified Moves To East Pointe Biz Center -

An independent forensic engineering and investigations company has relocated its Mid-South Service Center to a more secure location.

Unified Investigations & Sciences Inc. has inked 8,565 square feet in East Pointe Business Center Building D, 3875 Vantech Drive. The Suwanee, Ga.-based tenant was previously located at 3955 Whitebrook Drive, where it serviced Arkansas, North Mississippi and West Tennessee.

5. Thorpe Products Inks New Deal On Democrat -

Thorpe Products Co. is relocating its Memphis branch location to a site with higher ceiling heights and better proximity to its clients.

6. 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.

7. Grubb & Ellis Survives, Prospers in Economy -

Like everybody else in the real estate business, the last 36 months or so have been trying times for Grubb & Ellis Co. Memphis, a commercial realty firm that splits its business between leasing/management and sales.

8. Young & Perl Founder Moves to Baker Donelson -

Edward R. Young, nationally known labor and employment attorney and co-founder of Young & Perl PLC, has joined Baker, Donelson, Bearman, Caldwell & Berkowitz PC's Memphis office as a shareholder. Colleagues William D. Levy and William P. Dougherty also have joined the firm.

9. Archived Article: Mata Chg - By CAMILLE H New bus route services East Memphis office park By CAMILLE H. GAMBLE The Daily News With the unemployment rate remaining below 5 percent in the area for the seventh straight month, area businesses face several issues in hiring and retai...