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Editorial Results (free)

1. Somerset Apartments Sell for $2.5 Million -

An entity called Memphis Winset LLC has paid $2.5 million for the 496-unit Somerset Park Apartment Homes in Oakhaven.

2. Continental Approved for Tax Freeze -

The tire division of Continental AG, one of the world’s largest automotive industry suppliers, will open a tire retreading, service and sales center in Memphis after receiving approval for a tax break.

3. Continental Approved for Tax Freeze -

The tire division of Continental AG, one of the world’s largest automotive industry suppliers, will open a tire retreading, service and sales center in Memphis after receiving approval for a tax break.

4. Continental Eyeing Memphis for Tire Facility -

The tire division of Continental AG, one of the world’s largest automotive industry suppliers, is eyeing a location on Winchester Road in Memphis for a retreading, service and sales center.

Continental Tire the Americas LLC is seeking a tax break from the Economic Development Growth Engine of Memphis and Shelby County for a tire facility that will employ 25 people at 3474 Winchester Road.

5. Roberts Benchmark Hotel on Union Sells for $3.2 Million -

164 Union Ave.

Memphis, TN 38103

Sale Amount: $3.2 million

Sale Date: Dec. 5, 2012

6. Memphis Company Buys Somerset Apartments -

An entity called JMC Memphis LLC has paid $1.7 million for the 496-unit Somerset Park Apartment Homes in Oakhaven.

7. Lender Buys MIAC for $14.3 Million -

Memphis International Airport Center sold back to the lender for $14.3 million Wednesday, Oct. 31, on the Shelby County Courthouse steps following a foreclosure.

CSMC 2007-C1 Air Center LLC bought the nine-building, 1.1 million-square-foot industrial portfolio from substitute trustee Harris P. Quinn, shareholder with Prochaska Thompson Quinn & Ferraro P.C. The lender was the only bidder at the sale.

8. Lender Buys MIAC for $14.3M -

Memphis International Airport Center sold back to the lender for $14.3 million Wednesday, Oct. 31, on the Shelby County Courthouse steps following a foreclosure.

CSMC 2007-C1 Air Center LLC bought the nine-building, 1.1 million-square-foot industrial portfolio from substitute trustee Harris P. Quinn, shareholder with Prochaska Thompson Quinn & Ferraro P.C. The lender was the only bidder at the sale.

9. Lender Buys MIAC for $14.3M -

Memphis International Airport Center sold back to the lender for $14.3 million Wednesday, Oct. 31, on the Shelby County Courthouse steps following a foreclosure.

CSMC 2007-C1 Air Center LLC bought the nine-building, 1.1 million-square-foot industrial portfolio from substitute trustee Harris P. Quinn, shareholder with Prochaska Thompson Quinn & Ferraro P.C. The lender was the only bidder at the sale.

10. Somerset Apartments Owner Files $2 Million Loan on Property -

A Hollywood, Fla.-based entity called Investments Australia LLC has filed a $2 million loan on the 496-unit Somerset Park Apartment Homes in Oakhaven.

11. Somerset Park Apartments Sell for $1.1 Million -

3425 Winchester Park Drive
Memphis, TN 38118
Sale Amount: $1.1 Million

12. Florida Company Buys Oakhaven Apartments -

A Hollywood, Fla.-based entity called Investments Australia LLC has bought the 496-unit Somerset Park Apartment Homes in Oakhaven for $1.1 million.

13. Outlook Unsure -

Last week’s Commercial Property Forecast Summit painted a dour picture of the local real estate market, but the January numbers show that the commercial sector has a detectable pulse – at least for now.

14. Buena Vista Apartments in Frayser Foreclosed, Sold to Atlanta Company -

3431 N. Trezevant St.
Memphis, TN 38127
Sale Amount: $1.3 Million

Sale Date: Jan. 12, 2010
Buyer: Tritex Real Estate Advisors Inc.
Seller: Emily Bowman, successor trustee

15. Somerset Park Sells For $2.1M After Foreclosure -

The 496-unit Somerset Park Apartment Homes on Winchester Road in the Oakhaven/Parkway Village area sold on the steps of the Shelby County Courthouse last month for $2.1 million following a foreclosure. The sprawling multifamily complex is comprised of four parcels – 3443 and 3474 Winchester Road, 3649 Lake Park Drive and 6431 Arrowbrook.

16. European Trust BuysAirport-Area Warehouses -      A European trust has bought into the Memphis market with the purchase of nine buildings totaling more than 1.1 million square feet of warehouse space in Memphis International Airport Center. New York-based real estate ad

17. Archived Article: Real Review - Church Lake, a 352-unit apartment complex at 5186 Church Lake Drive in Southaven, Miss Church Lake, a 352-unit apartment complex at 5186 Church Lake Drive in Southaven, Miss., has been sold for $19.1 million, or $54,403 per unit. The Realty Associat...

18. Archived Article: Real Review - Real Estate Review 10-05-99 Real Estate Review 10-05-99 Construction is underway on a 50,000-square-foot office building for Airborne Express at 3474 Winchester Road, according to Shelby County Construction Code Enforcement records. The $2.1 million...