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Editorial Results (free)

1. Gastro Group Opens Office In Senatobia -

Utley Properties has closed on a flurry of deals in its Northwest Plaza Shopping Center in Senatobia in recent weeks.

Dr. Ulric Duncan of Delta Gastroenterology PC has leased 1,200 square feet of space at 113 Northwest Drive for two years.

2. MC Ionic Solutions US Begins Work on Fite Rd. Site -

2665 Fite Road
Memphis, TN 38127
Permit Amount: $1.3 million

Permit Date: Applied July 2011

3. $39 Million Permit Filed For UTHSC Research Lab -

71 S. Manassas St.
Memphis, TN 38103
Permit Amount: $39 million

Permit Date: Applied April 2011
Owner: University of Tennessee
Tenant: University of Tennessee

4. Downtown Warehouse Quitclaimed for $465,500 -

An investment partnership called 109 South Second Partnership, an affiliate of Memphis-based developer Henry Turley Co., has received 109 S. Second St. via two quitclaims.

5. Glencore Grain Buys Mendenhall Warehouse -

4834 S. Mendenhall Road
Memphis, TN 38118
Sale Amount: $6 Million

Sale Date: March 25, 2011
Buyer: Glencore Grain USA LLC
Seller: ProLogis NA2 Tennessee LLC

6. Second Street Building Gets Mixed-Use Makeover -

Developers are bringing a brand of apartments that has flourished on Downtown’s Main Street one block over with a $9.7 million project called Van Vleet Flats and Offices.

An extensive rehab has begun on the old warehouse at 109 S. Second St., at the northwest corner of Second Street and Gayoso Avenue.

7. DeSoto’s Housing Market Levels Out -

The DeSoto County residential market seems to be leveling off after several years of declining numbers. Sales figures for the year-to-date are slightly up, showing small surges and dropoffs after possibly bottoming out in 2008 and 2009.

8. Carriage Crossing Jewelry Store Sold to Florida Investor -

4615 Merchants Park Circle
Collierville, TN 38017
Sale Amount: $2.8 Million

Sale Date: May 6, 2009
Buyer: Philip Brabyn
Seller: Carriage Avenue LLC
Loan Amount: $1.1 million
Loan Date: May 8, 2009
Maturity Date: July 1, 2009
Lender: Financial Federal Savings Bank

9. Speed Investments Files $2 Million in Loans -

Speed Investments LLC has filed a pair of loans totaling $2 million through First Tennessee Bank NA for a host of office condos in Germantown. One loan was for $1.1 million on 9076 Poplar Pike, units 101-103, and 9056 Poplar Pike, units 104-109. The other was for $870,000 on 3085 Fountainside Drive, units 106-110.