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Editorial Results (free)

1. Berclair Dollar General Sells for Almost $1 Million -

3443 Jackson Ave., Memphis, TN 38122

Sale Amount: $971,000
Sale Date: March 14, 2013
Buyer: VM Property Investments LLC
Seller: Ware Properties LLC
Loan Amount: $679,700
Loan Date: March 14, 2013
Maturity Date: N/A
Lender: US Bank NA
Details: The 9,160-square-foot Dollar General store at 3433 Jackson Ave. in Berclair has sold for $971,000.

2. Partnership Files Loan on Industrial Portfolio -

The new owner of an industrial portfolio in Oakhaven has filed a $6 million loan through PNC Bank NA on the properties.

3. FedEx Headquarters Building Sells for $22.6 Million -

942 S. Shady Grove Road Memphis, TN 38119

Sale Amount: $22.6 million

Sale Date: Feb. 21, 2013

4. Real Estate Partnership Buys Industrial Portfolio -

A partnership between real estate investment companies from Denver and Atlanta has paid $11.8 million for an industrial portfolio in Oakhaven.

Operating as Outland Center Drive LLC, Denver-based Amstar and Atlanta-based Huntington Industrial Partners bought the following seven properties: 4895 Outland Center Drive; 4900 Outland Center Drive; 4900 Outland Center Drive; 4935 Outland Center Drive; 4985 Outland Center Drive; 4995 Outland Center Drive; and 5000 Outland Center Drive.

5. 5000 E. Raines Warehouse Sells in Foreclosure for $7.7M -

5000 E. Raines Road
Memphis, TN 38118
Sale Amount: $7.7 million

Sale Date: May 13, 2011
Buyer: GECMC 2003-C2 5000 Raines Road LLC
Seller: R. Hunter Humphreys, substitute trustee
Orig. Borrower: 5000 East Raines Partnership
Orig. Lender: Bank of America NA
Orig. Loan Amount: $19 million
Orig. Loan Date: May 1, 2003
Orig. Maturity: June 1, 2013
Details: A 1.1 million-square-foot warehouse at 5000 E. Raines Road has sold at a foreclosure sale for $7.7 million. GECMC 2003-C2 5000 Raines Road LLC bought the property at the May 13 sale.