Editorial Results (free)
1. Cates Named Commercial Broker of Year
- Monday, April 29, 2013
The Memphis Area Association of Realtors Commercial Council honored its most productive members of 2012 at the 12th annual Pinnacle Awards gala, held Thursday, April 25, at the Memphis Country Club.
2. Reappraisal to Impact Office Market
- Monday, March 18, 2013
For the first time in history, the property value of the once-every-four-year reappraisal is going down, and it has some commercial real estate property owners concerned.
Although how much the value decreases won’t be official until April 20, the first formal notices of 2013 Shelby County property values for taxation purposes were mailed at the beginning of this month to owners of commercial and industrial cost properties.
3. Pinnacle Awards Entries Due Friday
- Thursday, February 14, 2013
The deadline for local commercial real estate brokers to enter the 12th annual Pinnacle Awards is Friday, Feb. 15.
The Memphis Area Association of Realtors Commercial Council will honor those top producers in the industry at an April 25 ceremony at the Memphis Country Club, 600 Goodwyn St.
4. Deadline Fast Approaching for Pinnacle Awards
- Tuesday, January 15, 2013
The Memphis Area Association of Realtors Commercial Council is well under way in planning the 12th annual Pinnacle Awards ceremony, a night dedicated to showcasing commercial real estate industry professionals in the area.
5. Changing Market
- Wednesday, January 02, 2013
Much of 2012’s commercial real estate deals could be summed up in one of three phrases: speculative construction, institutional buyers and unusual transactions.
The first quarter was kicked off when Industrial Developments International Inc. revealed plans to add one build-to-suit and two speculative buildings in its Crossroads Distribution Center in Olive Branch – marking the area’s first spec construction since 2008.
6. Permit Filed for Seasons 52 at Crescent Center
- Friday, November 30, 2012
Preparations have been made for Seasons 52’s first Memphis location at the Crescent Center, according to a recent permit application with the city-county Office of Construction Code Enforcement.
7. Highwoods Properties' Q1 Net Income Rises
- Thursday, May 03, 2012
Highwoods Properties Inc.’s first-quarter net income was $16.7 million – up from $10.1 million during the same period last year – the Raleigh, N.C.-based real estate investment trust announced Wednesday, May 2, in its Q1 earnings conference call.
8. Restaurants Make Market Entrée at Crescent Center
- Tuesday, May 01, 2012
The Poplar/240 corridor soon will add a pair of national restaurant tenants to its already booming portfolio of dining options.
The Land Use Control Board unanimously approved in April a planned development to add two upscale freestanding restaurants to the Crescent Center office building site at Poplar Avenue and Ridgeway Road.
9. Pinnacle Awards To Honor City’s Best in CRE
- Wednesday, February 15, 2012
Amid the lukewarm commercial real estate climate, a little recognition goes a long way.
That’s why the Memphis Area Association of Realtors Commercial Council is well under way in planning the 11th annual Pinnacle Awards ceremony, a night dedicated to showcasing commercial real estate industry professionals in the Memphis area.
- Wednesday, October 05, 2011
Highwoods Properties Inc. is about two weeks away from completing more than $1 million in parking lot renovations and building improvements at the East Memphis office complex Triad Centre, bringing its three developments into a cohesive, campus-style environment.
11. Ridgeway Trace’s Success Fills ‘Huge Void’
- Monday, May 16, 2011
A dramatic change to the retail landscape in East Memphis began in February of 2005 with one phone call.
Danny Buring, managing partner of The Shopping Center Group, made that call to the owner of the Ridgeway Trace Apartments, located on the southeast corner of Poplar Avenue and Interstate 240.
12. Commercial Council Has Shaped CRE Landscape
- Wednesday, March 23, 2011
The Memphis Area Association of Realtors’ Commercial Council is often the first trade organization that comes to mind when considering the local commercial real estate industry.
Something perhaps less commonplace, however, is the history of the group’s founders, and their vision to connect professionalism with the community.
13. Sustainable Real Estate to be Subject of Conference
- Thursday, March 17, 2011
Planners of an upcoming conference are hoping to put Memphis on the map even more so than it already is.
The Conference On Sustainable Real Estate is slated for March 24 to 26 at the University of Memphis. The conference – modeled after a similar program offered by the Massachusetts Institute of Technology – brings to Memphis internationally recognized leaders on sustainable real estate, land economics, land planning and Leadership in Energy and Environmental Design, or LEED, construction procedures.
14. Changes On Tap For 2011 Pinnacle Awards
- Tuesday, March 15, 2011
After a decade of awarding excellence in the commercial real estate industry, the Memphis Area Association of Realtors’ Commercial Council Pinnacle Awards will celebrate its 10th anniversary by recognizing the industry’s top producers and offering a few surprises as well.
15. MAAR to Honor Top Brokers with Pinnacle Awards
- Wednesday, February 23, 2011
The Pinnacle Awards have become a benchmark for excellence in the commercial real estate industry.
Started in 2002, the awards honor the highest producing commercial brokers in Memphis for the previous year in a number of categories including broker and newcomer of the year. All commercial brokers who hold membership in the Memphis Area Association of Realtors Commercial Council are encouraged to submit an application.
16. Highwoods Extends Tenants at Southwind Office Center
- Friday, January 28, 2011
Raleigh, N.C.-based Highwoods Properties Inc. has signed two deals at its Southwind Office Center, a 62,000-square foot, three-story building with views of the Tournament Players Club at Southwind golf course.
17. Riley Poised to Lead MAAR Commercial Council in 2011
- Friday, January 07, 2011
Ron Riley launched his sales career by selling copiers and printers at Xerox Corp. shortly after receiving his bachelor’s degree in business from the University of Memphis.
18. Highwoods Stands Tall Among Competition
- Tuesday, December 14, 2010
As a prominent investment and leasing firm and one of the most active real estate investment trusts in the Memphis market, Highwoods Properties Inc. routinely made commercial real estate headlines in 2010.
19. Guinn Receives Nat'l Commercial Award
- Tuesday, November 16, 2010
Steve L. Guinn, vice president of Highwoods Properties Inc., is one of 20 nationwide commercial Realtors to receive the 2010 National Commercial Award.
20. Cohen: Love Of Government Started Early
- Wednesday, October 06, 2010
With fervor for politics at a young age, U.S. Rep. Steve Cohen, D-Memphis, explained his lifelong journey into Congress at the Society of Industrial Office Realtors (SIOR) luncheon Monday.
21. MAAR Commercial Council Welcomes New Board Members
- Monday, August 16, 2010
The Memphis Area Association of Realtors Commercial Council held its annual board of directors meeting Thursday, approving three new members for its 2011 board.
Greg deWitt of Grubb & Ellis Co. will take over one of the council’s director seats next year before becoming the council’s vice president in 2012. He will inherit the seat occupied by John Mercer of Highwoods Properties in 2011.
22. Highwoods Buys Crescent Center for $52.6M
- Thursday, July 29, 2010
Highwoods Properties Inc. has bolstered its already strong position along the Poplar Avenue office corridor by adding an impressive asset.
23. Highwoods Buys Crescent Center for $52.6M
- Wednesday, July 28, 2010
Highwoods Properties Inc. has bolstered its already strong position along the Poplar Avenue office corridor by adding an impressive asset.
24. Highwoods Renews Lease With Agency Services
- Tuesday, March 30, 2010
Highwoods Properties Inc. has announced a 3,700-square-foot lease renewal with Agency Services Inc. at Highwoods’ Southwind Office Center, 8275 Tournament Drive.
25. Aiken’s Love of Profession Radiates in Commercial Realty Work
- Friday, December 18, 2009
Wyatt Aiken launched his commercial real estate career in 1983, the same year he graduated from Tulane University with an MBA. As the New Orleans native first looked for jobs, he interviewed in a handful of Southeastern U.S. cities, but never considered Memphis.
26. LEED-Certified Triad Centre III Welcomes Competition Buzz
- Friday, September 25, 2009
An interior design competition will give University of Memphis students some real-world practice and the Triad Centre III in East Memphis some marketing exposure, bringing much-needed benefits for the university and the developer in light of the slow economy.
Highwoods Properties is sponsoring a commercial design competition for students in the U of M’s interior design program to compete for the chance to design an environmentally sustainable office for Triad Centre III, the LEED-certified office building that is nearing completion.
LEED is the Leadership in Energy and Environmental Design Green Building Rating System, which is developed by the U.S. Green Building Council.
The competition is a collaboration between Raleigh, N.C.-based Highwoods and the U of M’s architecture department, which houses the interior design program.
Highwoods Vice President Steve Guinn said the Class A, 147,982-square-foot Triad Centre III, slated to open Nov. 23, is just 17 percent leased, so any kind of buzz surrounding the building at Poplar Avenue and South Shady Grove Road is welcome.
Not only that, Guinn added, the competition fosters an important partnership between the development firm and the U of M.
“We were looking for a way to promote the building, the first LEED office building in Memphis, and we’ve had success in other cities with joint venturing with the local college,” Guinn said. “It’s a way to get involved in the community as well and show our support for the University of Memphis and what they’re doing in their design class.”
Though Guinn would like to see more space leased in Triad Centre III, he said he understands the difficulty of landing tenants with the current state of the economy.
“We’ve had some decent activity on it,” Guinn said. “For this type of economic environment we’re in, it could be worse.”
That makes the contest timely for Highwoods. As part of the competition, the firm will award $500 to the university and another $500 to the winning team, which is being asked to design a roughly 4,500-square-foot office for a fictitious public relations firm.
That part of the competition was the brainchild of Brent DeLatte, program coordinator for the U of M’s interior design department. DeLatte said giving commercial interior design students a blank palette for designing a sustainable office space first and foremost complements the current trend of green design and architecture.
“As a program and as a department – and truly on up to the college (of communication and fine arts) and the university – we have made it a focus to become even more aware in teaching and to give information to the community about sustainability through design and all aspects of that,” DeLatte said. “It’s become a big focus in the community, across the country and across the world.”
Green leg up
DeLatte said designing sustainable office space is about much more than choosing recycled glass or a bamboo floor. The students will have to calculate the points needed for LEED certification as if it were a real contract.
“This opportunity came up, and I don’t think I could have had a better project for the students to be exposed to the serious research that’s necessary as a designer to do this type of project,” DeLatte said. “It’s really getting to the root of what sustainable and green and LEED design is.”
U of M architecture department chair Michael Hagge said the department has been participating in similar design competitions, including one for a component of the Volkswagen site in Chattanooga, Tenn., and also one for a green coffee shop in Phoenix.
He said these types of competitions give students invaluable experience with regard to researching and preparing projects, which they will be called upon to do once they have their degrees.
“It gives the students the opportunity to work on projects that will be ultimately juried by people who are not from around here,” Hagge said. “These are international, in some cases, jury members, and so it gives them a chance to compete in an entirely different setting.”
Moreover, the specific research needed for this design project – from the materials to the systems to the lighting – will give interior design students a leg up on their peers in the job market.
“That is something that fits right into what those students will be doing in their regular interior design studio,” Hagge said, “so it gives them this quick kickoff where they’re being exposed to a lot of things.”...
27. Recent Malco Dustup Leads To E. Memphis Alliance
- Wednesday, September 09, 2009
Crowd control problems at the Malco Paradiso movie theater have led to a broader discussion about development in East Memphis, including the theater and a number of thriving businesses.
The locally owned movie theater chain Friday began implementing new policies essentially banning children at the Paradiso after 6 p.m. because of a mob of unruly teenagers in the parking lot the previous weekend. And Memphis police had a more visible presence around the theater during the Labor Day holiday.
28. MAAR Commercial Council Names 2010 Officers
- Monday, August 24, 2009
The Memphis Area Association of Realtors Commercial Council announced Friday that Wyatt Aiken of Commercial Advisors will serve as 2010 president and Ron Riley of In-Rel Management will serve as 2010 president-elect.
29. Influence 1 Foundation Names Hartsfield COO
- Wednesday, February 11, 2009
Felicia Hartsfield has been named chief operating officer of Influence 1 Foundation.
Hartsfield will oversee the continued stability and growth of the foundation’s fiscal, strategic, organizational and operational functions. Her duties also will include building and maintaining relationships with community leaders, as well as creating collaborations, which will enhance the foundation’s strategic model.
30. Calipari Tapped to Rally Real Estate Community
- Thursday, January 08, 2009
For many local sports fans, the lasting image of 2008 was the University of Memphis men’s basketball team suffering a heartbreaking loss to Kansas in the national championship game.
For many local Realtors, the lasting image of 2008 was the housing market suffering a continued slump.
31. MAAR Commercial Council Elects Skopp President
- Monday, January 05, 2009
The Memphis Area Association of Realtors Commercial Council has elected Irvin Skopp of Belz Realty Co. as the 2009 board of directors’ president and Wyatt Aiken of Commercial Advisors as 2009 president-elect.
32. MAAR Forms Group For Young Brokers
- Friday, October 03, 2008
Commercial real estate can be a tough profession at any age, but it’s especially difficult for a young agent breaking into the industry to find his or her footing alongside the established practitioners.
33. MAAR Elects Board of Directors
- Monday, September 08, 2008
The Memphis Area Association of Realtors elected six real estate professionals to its 2009-2010 board of directors at last week’s annual meeting.
The new directors are Landis Foy of Crye-Leike Inc.; Steve Guinn of Highwoods Properties; R. Darnell Tate of ERA Legacy Realty; Michael Green of John Green & Co. Realtors; Betsy Kelly of Hobson Co. Realtors; and Randy Jefferson of Hobson Co. Realtors.
34. New AT&T Retail Center Slated for Germantown Parkway
- Tuesday, June 10, 2008
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
35. Highwoods Moves Forward With Triad Centre III
- Monday, June 02, 2008
After delays, Highwoods Properties Inc. is moving forward with plans to build a $29.2 million, 148,000-square-foot office building near Poplar Avenue and Shady Grove Road, the company announced last week.
36. Highwoods Project on Hold Despite Filed Permits
- Thursday, May 08, 2008
Three building permits totaling $30.1 million were filed by Highwoods Properties Inc. this week for an office building and two parking garages at Poplar Avenue and Shady Grove Road, according to The Daily News Online, www.memphisdailynews.com. But the project - to be called Triad Centre III - is still on hold, said Steve Guinn, division vice president for the Raleigh, N.C.-based company....
"We're not doing anything on it yet," he said. "My contractor just did the permit to be ready in case we move forward."
One permit for $15.1 million was for a new office building, while two for $7.5 million each were for new parking garages.
The applications for permit, filed with the city-county Department of Construction Code Enforcement by contractor Montgomery Martin Contractors LLC, were formalities that will pave the way for starting construction when the timing is right, which could be at least another month, Guinn said.
37. Big Sales Keep Market Afloat
- Friday, May 02, 2008
A retail strip center, a car dealership, land for a fitness center, two cemeteries and a hotel - in that order - ranked as Shelby County's top five commercial real estate sales in terms of dollar amount for March, proving the local market's versatility.
38. MAAR Event Tailored to Commercial Property Reappraisals
- Tuesday, March 18, 2008
Andy Raines graduated from law school at then-Memphis State University in 1980, the same year Shelby County held its first property reappraisal in nearly two decades.
As a young attorney cutting his teeth on property tax law for Evans and Petree PC, Raines saw firsthand the chaos created by what later would be considered a watershed event.
39. Big-Picture Economics Topic Of Property Summit
- Tuesday, February 19, 2008
A host of experts will discuss the bigger picture of the U.S. and global economies as well as local real estate matters at this week's Commercial Property Forecast summit, hosted by the Memphis Area Association of Realtors' Commercial Council.
40. Peterson Named Director of Purchasing at UTHSC
- Wednesday, October 03, 2007
Kenneth M. Peterson has been appointed director of purchasing for the University of Tennessee Health Science Center. Previously, Peterson was a career employee of the U.S. government, and formerly served as director of the National Acquisition Center for the Customs and Border Patrol Protection Service in the Department of Homeland Security.
41. MAAR ConfirmsCommercial Council Officers
- Monday, September 10, 2007
The Memphis Area Association of Realtors (MAAR) Commercial Council last week confirmed that Steve Guinn of Highwoods Properties will serve as 2008 president. The group also elected Irvin Skopp of Belz Realty Co. as 2008
42. Archived Article
- Tuesday, July 31, 2007
6125 Shelby Drive
Memphis, TN 38141
Sale Amount: $13.5 million
Sale Date: July 20, 2007
Buyer: NatTennessee GP
43. Highwoods PropertiesAwarded Southwind Lease
- Tuesday, July 24, 2007
Highwoods Properties has been awarded a build-to-suit lease in the Southwind area by Comcast Corp.
The 62,000-square-foot building will sit on a 6.3-acre tract of land at the corner of P
44. Commercial Advisors' Jensen Voted Commercial Broker of the Year
- Wednesday, April 12, 2006
Larry Jensen has received the 2005 Pinnacle Award for Commercial Broker of the Year from the Memphis Area Association of Realtors' Commercial Council. Jensen is president and CEO of Commercial Advisors LLC. He has more than 30 years of experience in real estate.
45. MAAR to Give Posthumous Award to William B. Clark
- Friday, March 31, 2006
William B. Clark's life epitomized what many would consider the American dream.
At age 19, straight out of high school, Clark built and sold his first house in the Lincoln Heights subdivision in southwest Memphis.
46. Young & Perl Founder Moves to Baker Donelson
- Wednesday, March 15, 2006
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.
47. MAAR Commercial Council Names Board Members
- Wednesday, September 14, 2005
The Memphis Area Association of Realtors Commercial Council elected the following individuals to its board of directors: Bayard Snowden, president-elect; Michael Greenberg, 2005 director/2006 vice president; Andy Cates, two-year director; Kelly Truitt, two-year director; and Jim Rainer, two-year director. Returning board members include Jon Albright, president; Steve Guinn, vice president; Joel Fulmer, immediate past president; Frank Dyer, Irvin Skopp and Russ Westlake, directors; Richard Groff, Memphis Metro CCIM chapter president; John Bartlett, IREM chapter 20 president; Philip Erstine, Realtors Land Institute Tennessee chapter president; and Joe Steffner, SIOR chapter president.
48. Business Growth Leads to Slow Office Rebound
- Tuesday, July 19, 2005
As more businesses recover from tough economic conditions in recent years, many are realizing a need to expand. The trend is having a big impact on the Memphis-area office market - existing space that has sat vacant for years is slowly beginning to refill.
49. Archived Article: Lead
- Monday, June 27, 2005
Germantown Office Park Ready for Business
Germantown Office Park Poised for Growth
ThyssenKrupp considers site in Forest Hill Heights
The Daily News
Germantown has long been an address for upscale residential communities a...
50. Archived Article: Newsmakers
- Wednesday, April 06, 2005
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...
51. Archived Article: Lead
- Friday, March 11, 2005
Changing Market Concerns Some Commercial Investors
Commercial Sales Feel Economic Impact
Interest rates, cap rates fueling real estate activity
The Daily News
With interest rates holding steady, commercial real estate acti...
52. Archived Article: Newsmakers
- Wednesday, January 26, 2005
Flintco Companies Names New Senior Vice President
Flintco Names New Senior Vice President
Kevin Moyes was appointed senior vice president of The Flintco Cos. Inc. Moyes has worked with Flintco for 18 years. He earned a bachelors degree from Ok...
53. Archived Article: Newsmakers
- Wednesday, September 01, 2004
MAAR Elects Board of Directors
MPD Names Public Information Officer
Larry Godwin, interim director of the Memphis Police Department, selected Sgt. Vince Higgins to serve as the departments new public information officer. Higgins, a 14-year vet...
54. Archived Article: Newsmakers
- Wednesday, April 21, 2004
(e-photo) Virginia M
Memphis Area Legal Services Hires Staff Attorney
Virginia M. Alexander was hired as a staff attorney with Memphis Area Legal Services Inc. to work on MALS family/domestic violence project. Alexander previously was a sole p...
55. Archived Article: Real Briefs
- Tuesday, April 01, 2003
Crye-Leike Realtors concluded its 2002 United Way Workplace Campaign by raising a total of $60,739 to support United Way agencies in 32 counties in Tennessee, Arkansas, Mississippi and Georgia.
Since becoming a partner with...
56. Archived Article: Real Focus
- Tuesday, November 26, 2002
Office market showing slow but steady growth
Office market showing slow but steady growth
By STACEY WIEDOWER
The Daily News
The office real estate market in the Memphis area is dragging its feet along with the rest of the local economy, ...
57. Archived Article: Focus (peermark)
- Wednesday, February 14, 2001
Real estate market research firm launches web site Real estate market research firm launches Web site By SUE PEASE The Daily News Holley Dargies original idea for her companys Web site was to provide information to clients in a spreadsheet format on...
58. Archived Article: Page 2 Trammell Crow
- Tuesday, February 08, 2000
Trammell Crow completes E Trammell Crow completes E. Memphis movie theater deal Trammell Crow Co. has facilitated the lease and purchase transaction for a new 50,000-square-foot Malco Theatre off Poplar Avenue in East Memphis, at the site of the for...
59. Archived Article: Real Review
- Tuesday, November 16, 1999
Real Review 11-16-99 Clark & Clark completes sale of 717 White Station Road By LAURIE JOHNSON The Daily News Local real estate firm Clark & Clark completed the sale last week of its building at 717 White Station Road to a locally based priva...
60. Archived Article: Real Briefs
- Tuesday, May 04, 1999
Mid-America Apartment Communities Cornerstone Suburban Office LP, a Hartford, Conn.-based real estate investment company, has sold its 123,265-square-foot Lakecrest II office building to LaSalle Advisors Capital Management Inc. LaSalle also owns Lak...
61. Archived Article: Memos
- Wednesday, April 14, 1999
Gene Auerbach Named AutoZone's Gene Auerbach has joined AutoZone Inc. as senior vice president, store development. Auerbach previously was director of Asian operations for The Dairy Farm Co. and senior vice president, international, at PriceCostco. ...
62. Archived Article: Real Briefs
- Tuesday, April 13, 1999
Koger Completes New Office Building Koger Equity Inc. has completed the Kimbrough Building in the Koger Center in Germantown. The building, containing 112,500 feet on four floors, is the fifth building in Koger's Memphis office park and expands the ...
63. Archived Article: Fleming (bott)
- Wednesday, November 04, 1998
By LAURIE JOHNSON Architectural firm acquires office building, restaurant By LAURIE JOHNSON The Daily News When Scott Fleming began searching for new office space for his architecture firm, he hadnt planned on acquiring a restaurant. But, when he ap...
64. Archived Article: Highwoods-centrum Lj
- Wednesday, September 10, 1997
By LAURIE JOHNSON Highwoods adds Centrum office building to portfolio By LAURIE JOHNSON The Daily News Highwoods Properties, a Raleigh, N.C.-based real estate investment trust with operations in Memphis, has acquired the Centrum office building at 6...
65. Archived Article: Talweg Lj
- Monday, June 09, 1997
lj 10/5 cates Little Rock investors buy first Memphis property By LAURIE JOHNSON The Daily News A Little Rock, Ark.,-based real estate investment group has purchased its first Memphis property, a fully-leased office and distribution facility at the ...
66. Archived Article: Memos
- Wednesday, March 19, 1997
Larry Lewis, president of Lewis Ford, was elected chairman of the board for the Better Business Bureau for 1997-1998 Larry Lewis, president of Lewis Ford, was elected chairman of the board for the Better Business Bureau for 1997-1998. Other elected ...