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Editorial Results (free)

1. Turner Looks to Increase Professional Advancement in Commercial Real Estate -

Bob Turner has a diverse background in real estate, including long stints in both residential and commercial development.

2. This week in Memphis history: May 30-June 5 -

2012: The transition planning commission plotting recommendations for the coming schools merger put together a list of $54 million in cuts that could be made to balance the budget of the new school system. But those in the 21-member advisory group emphasized the list was not a recommendation but instead “a reluctant contingency plan.” The recommendations would have gone one student above the Memphis City Schools pupil teacher ratio per classroom.

3. Malone to Challenge Luttrell In August Mayoral Showdown -

Former Shelby County Commissioner Deidre Malone will challenge incumbent Shelby County Mayor Mark Luttrell in the August county general election after winning the Tuesday, May 6, Democratic mayoral primary.

4. Massey Looks to Grow CCIM Reach -

Shawn Massey is a commercial real estate broker by trade, but he has a burning passion for education.

Massey has co-founded a business-focused charter school in Frayser called Memphis Business Academy and he teaches a master’s level real estate class at the University of Memphis.

5. Roland ReElected At Filing Deadline, Two Countywide Races Set For August -

One of the six Shelby County Commission incumbents seeking re-election this year was effectively elected to a new four-year term in a new district with the noon Thursday, Feb. 20, filing deadline for candidates in the May county primaries.

6. Election Filing Pace Quickens as Deadline Nears -

The May 6 Shelby County primary races began to move toward their final form Monday, Feb. 17, just ahead of the noon Thursday filing deadline for candidates.

Shelby County Commissioner Steve Mulroy brought the Democratic primary race for county mayor to four as he filed his qualifying petition Monday afternoon.

7. Entry Point -

The city of Germantown is embarking on an effort to guide growth and development of the city’s western gateway corridor for the next 20 years.

The planning area encompasses the Poplar Avenue corridor at the city’s western gateway, paying special attention to proposed development opportunities, improvements to Poplar Avenue and Kirby and a new set of regulations designed to guide development.

8. Gill Presses on Despite Enduring 4th Recession -

Ray Gill, president of Gill Properties, got into commercial real estate because of his interest in land but now wishes he’d spent some time reading palms and tarot cards.

9. Germantown Station Closer to Construction -

750 N. Germantown Parkway
Cordova, TN 38018
Loan Amount: $2.6 million

10. Permit, Construction Loan Filed for Germantown Station -

Germantown Station retail center, slated to be built at 750 N. Germantown Parkway in Cordova, is a couple of steps closer to reality.

11. Greenbrier Gets Loan for Downtown Project -

436 S. Front St.
Memphis, TN 38103
Loan Amount: $2.1 million

Loan Date: Sept. 30, 2010
Maturity Date: n/a
Borrower: Greenbrier Partners LLC
Lender: Southern Bancorp Bank

12. Gill Enterprises Buys Former Blue Plate Café -

Gill Enterprises GP, a partnership affiliated with Gill Properties, has bought the former Blue Plate Café, a 5,448-square-foot, single-story restaurant property at the corner of Stage and Kirby-Whitten roads from Best Breakfast Inc. for $1 million. The restaurant was built in 1991 and sits on about 1 acre as an outparcel to the 140,000-square-foot Stage Centre shopping center.

13. Preservationists Strike Up Battle Hymn -

The Memphis City Council’s 10-2 vote Tuesday to approve plans for a CVS drug store on the corner of Union Avenue and Cooper Street seems to mean the demolition of Union Avenue United Methodist Church.

14. MAHBA Begins Search for New Headquarters -

The leadership of the Memphis Area Home Builders Association has tapped a 14-member committee to help the homebuilding trade association find a new office location.

Don Caylor of Summerset Homes is chairing the group. It’s sifting through such factors as deciding how much space will be needed and looking at membership growth to determine whether staying closer to Memphis’ core or going elsewhere within the group’s geography (which includes Fayette and Tipton counties) is the better option.

15. Gill Enterprises Sells Land to CVS for Cordova Pharmacy -

786 N. Germantown Parkway
Cordova, TN 38018
Sale Amount: $2.2 Million

Sale Date: July 28, 2010
Buyer: CVS 6628 TN LLC
Seller: Gill Enterprises GP

16. CVS Closes On Cordova Land -

CVS has closed on the 1.8-acre parcel of land on Germantown Parkway in Cordova where it will build its next area pharmacy. Terms of the deal weren’t immediately available.

The Daily News first reported in June that Woonsocket, R.I.-based CVS, the retail division of CVS Caremark, would buy the land from Gill Properties and bring a retail store to the site of the former Memphis Area Home Builders Association headquarters at 776 N. Germantown Parkway.

17. Commercial Sales Close 2009 on High Note -

Shelby County’s commercial real estate market saved its best for last in 2009, as the final month registered the highest sales total and largest dollar volume all year.

Not only that, but December marked the first year-over-year increase for a month during 2009 and the first year-over-year increase for a month since December 2007.

18. Renal Company Sells Clinic, Leases It Back From New Owner -

4185 Pace Road
Memphis, TN 38116
Sale Amount: $2 Million

Sale Date: Dec. 17, 2009
Buyer: BanBan South Memphis LLC
Seller: RAI II LLC
Loan Amount: $1.5 million
Loan Date: Dec. 15, 2009
Maturity Date: March 7, 2011
Lender: First Security Bank

19. Home Builders HQ Could Become Retail Outlet -

The Memphis Area Home Builders Association is in the market for a new home, and its soon-to-be former digs appear headed for redevelopment.

In a deal that closed Dec. 18, the longtime homebuilding trade association sold its headquarters at 776 Germantown Road for $2.7 million to Ray Gill of Gill Properties Inc. Gill was attracted to the property because of its large footprint – a 3.6-acre parcel on the east side of Germantown – and because of its placement near the Trinity Commons shopping center along a busy corridor with high traffic.

20. Owner Files $2.3M Loan On Retail Center -

The owner of the Kirby Gate shopping center in the Quince/Ridgeway area on Dec. 16 filed a $2.3 million loan through Trustmark National Bank against a portion of the property.

21. Archived Article -

2380 James Road
Memphis, TN 38127
Sale Amount: $4.9 million

Sale Date: May 1, 2007

Buyer: FPX Leasing II LLC

22. Gill Properties Begins Third Phase Of Cordova Station -

The landscape of Germantown Parkway changed dramatically in the past 20 years as the corridor grew from a two-lane country road to a seven-lane thoroughfare that pumped life into the nooks and crannies of Cordova.

23. Gill Properties to Start WorkOn Cordova Station III -      Cordova-based Gill Properties has filed two loans for Cordova Station III, the latest of its retail buildings off Germantown Parkway at Macon Road in the Cordova Station Planned Unit Development (PUD).
  &

24. Gill Properties Repositions Bartlett's Stage Centre -

6600 Stage Road
Bartlett, TN 38134
Loan Amount: $9.5 million

Loan Date: July 19, 2006

Maturity Date: Aug. 10, 2008

25. Setting the Stage -

In the past few years, the sleepy suburb of Bartlett has blossomed from a bedroom community into a boom town.

It has a performing arts center that regularly bills national acts and an industrial park that includes Brother International Corp., one of the town's biggest employers. New residential subdivisions are sprouting up with the regularity of spring flowers.

26. 'Close-Knit" and 'Well-Planned' Become Suburban Mantra -

A good title for a book about real estate development in Shelby County might be "The Rise and Sprawl of the American Dream."

One chapter could touch on how well-manicured suburbs like Germantown and Collierville have become magnets for growth. Another could show how those growth patterns have carried a few unwanted side effects, such as cookie-cutter subdivisions and retail strip centers.

27. Archived Article: Memos - <ephoto> Greg V

Greg V. Ortega was named director of corporate product marketing for TBC Corp. Ortega previously held positions as TBCs manager of strategic marketing and manager of marketing and procurement for light truck tires. He earned...

28. Archived Article: Kirby Gates (lead) - Construction underway on Kirby Gates expansion Construction underway on Kirby Gates expansion By LAURIE JOHNSON The Daily News Construction is underway on an expansion of the Kirby Gates Shopping Center, which will mean more space available for reta...

29. Archived Article: Expo - By SUZANNE THOMPSON Bartlett businesses to showcase wares, network at expo By SUZANNE THOMPSON The Daily News Representatives from area businesses will have the opportunity to showcase their products and services and network with members of the Bart...

30. Archived Article: 3rd Qtr Apart Chg - Third quarter apartment Third quarter apartment starts highest since 1980s By CAMILLE H. GAMBLE The Daily News New apartment construction in Shelby County peaked in the third quarter compared to third quarters for the past five years, with building ...

31. Archived Article: Hyneman Chg - By CAMILLE H. GAMBLE Site work begins Tuesday on residential property By CAMILLE H. GAMBLE The Daily News Ray Gill of Gill Capital Partners recently sold 26.8 acres of land on Shelby Drive near Hacks Cross Road to CMCS South Pointe LLC, a limited li...

32. Archived Article: Real Fcs Cordova - lj 10/5 cates Upcoming commercial, apartment developments bring Cordova-The Town closer to developers vision By LAURIE JOHNSON The Daily News Construction is expected to begin this summer on Cordova-The Towns first two commercial buildings, which wi...

33. Archived Article: Real Analys - Lamplighter selects Cordova-The Town for school Lamplighter selects Cordova-The Town for school Lamplighter School has selected a 5.6-acre parcel at Cordova-The Town as the site for the consolidation and relocation of its Montessori school, accordin...

34. Archived Article: Real Focus Lj - lj 10/5 cates Not just for aspirin bottles Safe Kids Show Home has child-proof, injury reducing features By LAURIE JOHNSON The Daily News This summer, Memphis builders and homeowners can learn how to make a home a more friendly place for children. J...

35. Archived Article: Apartments Chg - 04-19 chg apartments Apartment construction down for first quarter, expected to pick up in 96 By CAMILLE H. GAMBLE The Daily News Apartment starts are down for the first quarter in Shelby County at 200 units, compared to 482 units started in the fir...

36. Archived Article: Chg Cordova Apts - apartments Cordova/Germantown Apartment building on the rise in Cordova Apartment construction in Cordova increases By CAMILLE GAMBLE The Daily News Apartment construction in the Cordova/Germantown area is on the rise, and some developers fear the m...

37. Archived Article: Candidates - 1/29 jts candidates Election Commission announces county primary candidates The Daily News The Shelby County Election Commission issued a preliminary list of Democratic and Republican candidates who have filed for the March 12 county primary electio...

38. Archived Article: The Town - 1/23 jts The Town County looks to rezone for CordovaThe Town New ordinance would encode new urban design By JAMES SNYDER The Daily News The Shelby County Board of Commissioners is preparing to encode innovative urban planning ideas into its zoning r...