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Editorial Results (free)

1. West Clinic’s Midtown Locale Sells for $5.3 Million -

West Clinic’s cancer center at 1580 Union Ave. in Midtown has sold for $5.3 million, one of three centers in the area that sold recently.

2. MEPPI Buys Rivergate Park Acreage For Transformer Plant -

186.2 Acres In Rivergate Industrial Park
Sale Amount: $3.7 million
Sale Date: May 31, 2011

Buyer: Mitsubishi Electric Power Products Inc.
Seller: Belz Investco GP
Details: Warrendale, Pa.-based Mitsubishi Electric Power Products Inc. has bought three parcels in Rivergate Industrial Park from Belz Investco GP for $3.7 million. The deal closed May 31. The first parcel is 9.3 acres on the north side of Riverport Road (listed in the deed as Rivergate Road). It backs McKellar Lake, and the Shelby County Assessor of Property’s 2011 appraisal is $419,000. The second parcel is 63 acres on the south side of Riverport Road, appraised at $604,600. The third parcel is 113.9 acres on the north side of Riverport Road, wrapping around the 9.3-acre parcel and including an offshoot of McKellar Lake. Its 2011 appraisal is $769,600.
MEPPI announced in mid-February it would build a $200 million transformer manufacturing plant in Belz Enterprises Inc.-owned Rivergate Industrial Park.
In March, the Shelby County Commission and Memphis City Council each put in $1 million toward infrastructure financing for the project.

3. Core Memphis Buys Medical Bldg. for $3.1M -

Columbus, Ohio-based Core Memphis LLC has bought two tracts with parcels on Union Avenue and South Willett Street from West Union Partners LLC for $3.1 million.

4. Archived Article: Lead - By Andy Meek

Baptist Expands Midtown Rehab Facility

New clinic to add more therapists, pediatric services

ANDY MEEK

The Daily News

Baptist Memorial Health Care Corp. is giving its Midtown rehabilitation facility a fresh look and a new...

5. Archived Article: Real Recap - 1580-1588 Union Ave

West Clinic Plans Midtown Treatment Center

1580-1588 Union Ave.

Memphis, TN 38104

Cost: $2.9 million

Borrower: West Union Partners LLC

Lender: Commercial Bank and Trust Co.

Trustee: Reid D. Evensky

Propert...