Olymbec USA LLC has acquired 40,000 square feet of land and three small shed buildings totaling 12,000 square feet at 373 W. Brooks Road through a January auction from the Estate of George E. Smith for $50,600.

2. Olymbec USA LLC Buys Again in Memphis - Friday, March 01, 2013

Olymbec USA LLC has acquired 40,000 square feet of land and three small shed buildings totaling 12,000 square feet at 373 W. Brooks Road through a January auction from the Estate of George E. Smith for $50,600.

3. Brinkley Plaza Sells to Olymbec for $7.2 Million - Monday, October 29, 2012

Downtown’s Brinkley Plaza has sold for $7.2 million to a Canadian real estate investment firm.

Montreal-based Olymbec USA LLC, an entity of Olymbec Corporate Group, acquired the 219,557-square-foot tower at 80 Monroe Ave., its ground lease and the adjacent 300-space covered parking garage.

4. Brinkley Plaza Sells to Olymbec for $7.2M - Friday, October 26, 2012

Downtown’s Brinkley Plaza has sold for $7.2 million to a Canadian real estate investment firm.

Montreal-based Olymbec USA LLC, an entity of Olymbec Corporate Group, acquired the 219,557-square-foot tower at 80 Monroe Ave., its ground lease and the adjacent 300-space covered parking garage.

5. Firms Make Investments in Memphis Distribution - Tuesday, July 10, 2012

In the past month, a pair of out-of-town firms have scooped up local distribution warehouses, growing its Memphis industrial real estate portfolio and planning for more.

Montreal-based Olymbec USA LLC recently closed on its $1.5 million purchase of 3615 Lamar Ave. from an entity affiliated with Miami-based loan servicer LNR Partners LLC.

6. Canadian Company Adds To Memphis Portfolio - Wednesday, July 04, 2012

A Canadian real estate investment group has purchased a 157,000-square-foot industrial warehouse in South Memphis for $1.5 million, marking the firm’s second Memphis acquisition in 18 months.

Montreal-based Olymbec USA LLC bought the Class C facility at 3615 Lamar Ave. from FUCMS 2001-C2 Lamar Industrial LLC, an entity affiliated with Miami-based loan servicer LNR Partners LLC.

7. Canadian Firm Acquires South Memphis Warehouse for $1.5M - Tuesday, July 03, 2012

A Canadian real estate investment group has purchased a 157,000-square-foot industrial warehouse in South Memphis for $1.5 million, marking the firm’s second Memphis acquisition in 18 months.

8. CRE Activity Stays Strong During 2011 - Friday, December 30, 2011

Despite hard times, local commercial real estate firms were able to ink plenty of deals in the past 12 months.

Memphis’ industrial leasing activity kicked off in January when Buena Park, Calif.-based Pacific Logistics Corp. signed a 60,000-square-foot lease in ProLogis Park DeSoto for its first Memphis-area location.

9. Prolonged Recession - Monday, December 26, 2011

In the words of Phil Woodard, an owner of multiple residential and commercial properties in Downtown Memphis, breaking even is the new profit.

Or as national real estate expert Jonathan Miller said earlier this month at the Urban Land Institute’s Real Estate Outlook for the Mid-South, “We cannot expect to make money the way we did a few years ago.”

10. Substantial Deal Inked By Ontario-Based Manufacturer - Friday, September 09, 2011

A substantial lease has been signed in a formerly distressed southwest Memphis industrial park that has made leaps and bounds since it was purchased by an out-of-town investor earlier this year.

KIK Custom Products, an Ontario-based manufacturer of national and retail brand consumer products, has signed a lease for 115,000 square feet in the Space Center Industrial Park, 265-353 Titan Drive.

11. Market Changes - Monday, May 30, 2011

With the local commercial real estate industry showing signs of a rebound, it still appears the bounce back has a ways to go to a full recovery.

Shelby County’s commercial sales during the past 12 months – May 2010 through April 2011 – totaled 698, up 19 percent from 585 sales during the previous 12-month period, according to the latest data from real estate information company Chandler Reports, www.chandlerreports.com. Commercial real estate sales numbers reflect office, industrial and retail real estate.

12. Montreal Investor Pays $7.3M for Memphis Center - Monday, January 31, 2011

A Canadian real estate investment group has bought a distressed South Memphis industrial park with plans to reabsorb the space and bring it back to life.

Richard Stern, principal with Montreal-based Olymbec purchased the 1.1 million-square-foot Space Center, 3051-3133 Tranquility Drive, for $7.3 million.

13. Canadian Group Buys Distressed South Memphis Industrial Park - Friday, January 28, 2011

A Canadian real estate investment group has bought a distressed South Memphis industrial park with plans to re-absorb the space and bring it back to life.

Richard Stern, principal with Quebec, Canada-based Olymbec purchased the 1.1 million-square-foot Space Center, 3051-3133 Tranquility Drive, for $7.25 million.