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Editorial Results (free)
1. Memphis Industrial Market Rebounds in 2014
- Monday, January 05, 2015
The upswing in the industrial real estate sector that started in 2012 and gained momentum in 2013 continued in 2014 and the Memphis market, fueled by several large transactions late in the year, should top 2013's level of around 3.2 million square feet of absorption.
2. Commercial Real Estate Sales Up 6.1 Percent In March
- Friday, April 18, 2014
Shelby County recorded 208 commercial real estate sales in the first quarter, according to real estate information company Chandler Reports, www.chandlerreports.com.
3. Industrial Portfolio Sells for $43 Million
- Tuesday, April 01, 2014
4550 Swinnea Road, 6005 Freeport Ave., 3399 E. Raines Road
Sale Amounts: $10.1 million; $14.8 million; $18 million
4. Industrial Portfolio Sells for $43 Million
- Friday, March 28, 2014
Affiliates of Plymouth Meeting, Pa.-based Exeter Property Group have paid a combined $42.9 million for a Memphis industrial portfolio.
The companies, in three separate special warranty deeds, bought the Memphis International Distribution Center at 4550 Swinnea Road in Oakhaven for $10.1 million, the warehouse at 6005 Freeport Avenue for $14.8 million and the warehouse at 3399 E. Raines Road for $18 million.
5. Exeter Property Group Acquires Industrial Portfolio
- Tuesday, March 11, 2014
Exeter Property Group has acquired a 4.4 million-square-foot industrial portfolio – including four properties in Memphis – for $132 million.
Exeter recently acquired the properties located in Memphis, Nashville and Columbus, Ohio, from LNR Property LLC, a special servicer appointed to the portfolio upon its transfer from London-based Strategic Realty Advisors Ltd. in June 2013.
6. Freeport, Raines Warehouses Sell for $19.4 Million
- Tuesday, March 19, 2013
Industrial properties at 6005 Freeport Avenue and 3399 E. Raines Road have sold for a combined $19.4 million in lieu of foreclosure.
7. MBIN Signs New Lease At Bellbrook Park
- Friday, April 22, 2011
A Memphis-based wholesaler of collectable items has signed a new industrial lease in the Southwest submarket.
MBIN Global Inc. has signed a new lease for 26,250 square feet at Bellbrook Industrial Park, 1004 Brooks Road.