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Editorial Results (free)

1. Retail Therapy -

The retail business has been described in recent times as Darwinian in nature to those in the industry, meaning formats come and go as competition intensifies each year.

That concept is apparent in retail chains having trouble finding the best real estate for new locations as antiquated strip centers retain high vacancies. Or in the resurgence of upscale retailers, while dollar stores are simultaneously expanding at a rapid clip.

2. Gen X Inks State’s First Location on Austin Peay -

A trendy Vernon, Calif.-based retailer has inked its first Tennessee location in Austin Peay Plaza.

Gen X Clothing Inc. signed a 35,000-square-foot lease at 3252 Austin Peay Highway. The space was formerly occupied by Big Lots.

3. J.D. Byrider Brings First Franchise To Memphis -

The nation’s largest used car franchise company has entered the Memphis market. Carmel, Ind.-based J.D. Byrider has inked 30,900 square feet at 2580 Mount Moriah Road, marking the company’s second Tennessee dealership.

4. Essex Signs Two Leases For Discount Store Locales -

A Nashville-based discount retailer has entered the Memphis market in full force, inking two leases totaling 77,301 square feet.

Essex Bargain Hunt has leased 35,767 square feet at 590 N. Germantown Parkway and 41,534 square feet at 5124 Summer Ave. Kemp Conrad and Neely Mallory IV of Cushman & Wakefield/Commercial Advisors LLC represented the tenant in both transactions.

5. Belmont Village Senior Living Sells for $16.9 Million -

6605 Quail Hollow Road
Memphis, TN 38120

Sale Amount: $16.9 million

Sale Date: Jan. 26, 2012

6. Summer Commons Sells for $4.8M -

Summer Commons Investors LLC has bought the Summer Commons Retail Center at 5110 Summer Ave., 5124 Summer Ave., 5126 Summer Ave. and 5130 Summer Ave. from Summer Commons LLC.

7. Dental Building Sold In Cordova -

850 Willow Tree Circle, Suite 101
Cordova, TN 38018
Sale Amount: $800,000

Sale Date: March 11, 2009
Buyer: Jason Collier
Seller: William and Jeanne Locante
Loan Amounts: $633,200; $160,000
Loan Dates: March 11, 2009 (both)
Maturity Date: N/A
Lenders: The Huntington National Bank; William and Jeanne Locante

8. Events -

The University of Phoenix will host a “Tough Times” workshop today from 10 a.m. to 2 p.m. at the Memphis campus, 65 Germantown Court, Suite 100. The workshop topics will include resume writing, financial planning and living on a budget. The workshop is free. To register, call 522-6865.

9. Summer Center Foreclosed, Sells for $3.5 Million -

The Summer Commons retail center at 5124 Summer Ave. in Berclair sold in a substitute trustee’s sale following a recent foreclosure. A local entity related to New York-based NATIXIS Real Estate Capital Inc. bought the 120,000-square-foot center on the courthouse steps for $3.5 million.

10. Archived Article -

1236 Primacy Parkway
Memphis, TN 38119
Cost: $10.4 million

Borrower: BRE/LQ Properties LLC

Seller: La Quinta Properties Inc.

11. Archived Article: Daily Digest - Kmart launches ad blitz as store closings start

Kmart launches ad

campaign as closings start

Discount retailer Kmart Corp. said it will give out coupon books worth $150 each to draw customers to its remaining stores as it begins closing mor...

12. Archived Article: Kmart Reno.st - Kmart on Summer Avenue gets new look, new name Kmart on Summer Avenue gets new look, new name By SUZANNE THOMPSON The Daily News Renovations have begun on the Kmart store at 5124 Summer Ave., and the store will get a new name, "Big Kmart," to go alo...

13. Archived Article: Kmart Reno.st - Kmart on Summer Avenue gets new look, new name Kmart on Summer Avenue gets new look, new name By SUZANNE THOMPSON The Daily News Renovations have begun on the Kmart store at 5124 Summer Ave., and the store will get a new name, "Big Kmart," to go alo...