After what was a banner year in many ways for Memphis commercial real estate in 2017, projections for this year were bullish. But at the halfway point of 2018, have expectations in the area risen with the temperatures or have they begun to dry out under the sweltering summer heat? 

2. Taking Flight - Saturday, June 30, 2018

In the past 20 years, there has been little to no new multifamily housing growth in Memphis outside of Downtown and Midtown. 

So around this time last year, the Economic Development Growth Engine for Memphis and Shelby County, at the behest of both mayors, introduced a tax incentive designed to encourage a new wave of multifamily development with the hopes of growing Memphis’ stagnant population. 

3. Seller’s Market - Wednesday, April 11, 2018

With one quarter in the books, the Memphis-area housing market appears to be on pace for yet another record-breaking year. The average home sales price for the first three months of 2018 rose to $159,274, which is the highest first-quarter amount on record, according to real estate information company Chandler Reports, chandlerreports.com.

4. New Apartments Coming to Broad, Clark Tower Inks Another Tenant - Monday, April 2, 2018

A multifamily project planned for Broad Avenue could provide the housing element that takes the arts district to the next level.

2542 Broad Ave.
Memphis, TN 38112

5. Last Word: Corker & Blackburn, More Frost and Dale Watson's Move to The Haven - Friday, February 23, 2018

It's possible around City Hall these days to get your RFQs mixed up with your RFPs. And there is a difference in requests for qualifications and requests for proposals. Usually RFQs come before RFPs – but there are exceptions – loopholes. The latest RFQ out of City Hall – album title or t-shirt slogan? – is for the adaptive reuse of the Memphis Brooks Museum of Art.

6. Housing Prices Continue to Rise in 2018 - Wednesday, February 14, 2018

After a hot 2017, the Memphis area housing market looks to carry over its success into 2018.

The average home sales price in January came in at $163,024, a 14 percent increase from January a year ago, according to real estate information company Chandler Reports, chandlerreports.com.

7. Shelby County Home Sales Volume, Average Price Soar - Tuesday, January 16, 2018

Average home sale prices and overall sales volume showed healthy gains in 2017 over the previous year, signaling another good year for the housing market in Shelby County.

The average home sales price in 2017 was $165,644, a 5 percent increase from the previous year, according to real estate information company Chandler Reports, chandlerreports.com.

8. Shelby County Housing Market Remains Strong - Friday, December 15, 2017

As the year winds to a close, Shelby County home sales remained strong in November, continuing the nearly uniform rise in average sales price, volume and overall units that has been indicative of the local housing market in 2017.

9. As Temps Drop, Shelby County Home Sales Continue to Rise - Friday, October 20, 2017

As the temperatures cool, the Memphis-area housing market typically does too, but September home sales figures in Shelby County continued to outperform those of previous years.

The average home sales price in September increased 8 percent to $171,929 compared to a year ago, according to real estate information company Chandler Reports, chandlerreports.com. Germantown East’s 38139 ZIP code recorded the highest average price for the month, at $445,117.

10. Outdoors Retailer REI Planning First Memphis Store - Monday, October 9, 2017

5895 Poplar Ave.
Memphis, TN 38119

Permit Amount: $900,000

Owner: Weingarten Realty

Tenant: REI

Details: Seattle, Washington-based sporting and camping goods retailer REI has filed a $900,000 building permit application for tenant improvement in the former Sports Authority building at 5895 Poplar Ave. in the Ridgeway Trace shopping center.

11. Taylor Joins JA As VP of Development - Wednesday, September 27, 2017

Latoria Taylor has been named vice president of development for Junior Achievement of Memphis and the Mid-South. She oversees all fundraising and marketing efforts for the nonprofit, which is dedicated to teaching children “how business works” and inspiring them to own their economic success.

12. Home Sales Up, Price Slips in July - Wednesday, August 9, 2017

As the housing market begins to head into a slower time of year with school restarting, home sales still continue to outpace last year’s figures despite a slight dip in average sales price.

The number of units sold in Shelby County was up 14 percent in July, with 1,808 sales recorded compared with 1,584 last July, according to real estate information company Chandler Reports, chandlerreports.com.

13. The Buying And Selling Of Memphis - Saturday, May 27, 2017

Even before he went to federal prison for 25 years on a racketeering conviction in 1995, Danny Owens had a real estate portfolio. The strip-club kingpin who defined the industry in Memphis across a 20-year period owned the old Memphian movie theater and made possible its 1986 sale to Playhouse on the Square by donating $160,000 toward its purchase.

14. Tapping Young Donors - Saturday, March 11, 2017

Amelia Thompson is everything a nonprofit is looking for now and in the future. A 30-year-old Memphian who graduated White Station High School, she has worked with a nonprofit in Washington, D.C. and been a buyer for Macy’s in New York.

15. St. Jude Planning Renovation Of Tri Delta Place - Thursday, November 17, 2016

350 N. Third St.

Memphis, TN 38105

Permit Amount: $3.5 million

Application Date: November 2016

16. Williams Hired for Memphis Blight-Fighting Fellowship - Wednesday, July 6, 2016

The city of Memphis and University of Memphis Cecil C. Humphreys School of Law recently hired Brittany J. Williams as the city’s first Neighborhood Preservation Fellow. In that role, Williams will represent the city in Environmental Court lawsuits against property owners who have vacant, abandoned or dilapidated properties that violate city codes.

17. Last Word: $4.8 Billion of TNT, North Parkway Complications and Graceland West - Thursday, May 19, 2016

FedEx sets a date next week for its acquisition of TNT Express – a $4.8 billion deal that was approved by TNT shareholders Wednesday.

18. City Sells Old Police Building to NCE Realty - Thursday, May 19, 2016

The company that had the only bid Tuesday, May 17, on the old Central Police Building at 128 Adams Avenue still has to close on the deal with the city of Memphis.

19. Beale Authority Encounters Familiar Headwinds - Monday, March 21, 2016

Somewhere near the beginning of the Thursday, March 17, meeting of the Beale Street Tourism Development Authority, Caren Nichol talked about how unique the entertainment district is because of its cultural and historical importance.

20. Retail Projects in Memphis Suburbs, Oxford Staple of Trezevant Realty Corp. - Saturday, February 27, 2016

Germantown-based Trezevant Realty Corp. has deep roots in the Mid-South commercial real estate market, and the uptick in the economy has more projects moving full-steam ahead.

21. University of Memphis to Focus on Drone Research in 2016 - Wednesday, December 30, 2015

The FedEx Institute of Technology in 2016 will roll out heavy programming, research and community engagement in drones and other unmanned vehicles as these emerging technologies continue to mature.

22. Charles Hughes to Head Rhodes’ Memphis Center - Wednesday, July 22, 2015

Dr. Charles L. Hughes has been named director of Rhodes College’s Memphis Center, an academic hub focused on the human experience of the Memphis and Mid-South region. He will be teaching classes on Memphis history and culture, coordinating student projects and developing programs, and also will be continuing his own research on the area.

23. Shelby County Home Sales Jump 13 Percent in June - Friday, July 10, 2015

Fueled by an apparent surge in consumer confidence, home sales in Memphis and Shelby County jumped significantly in June.

There were 1,792 home sales recorded in Shelby County last month, a 13 percent increase from the 1,586 sales recorded in June 2014, according to real estate information company Chandler Reports, chandlerreports.com.

24. New Hotel Planned for Downtown Memphis - Thursday, July 9, 2015

Two Ohio-based development firms plan to build a new hotel on a vacant site in Downtown Memphis.

The Orlean Co. of Beachwood, Ohio, and Ceres Development LLC of Westlake, Ohio, plan on building a Cambria Suites on a 3.3-acre lot on the south side of Union across from Fourth Street, just west of Danny Thomas Boulevard.

25. Making the Connection - Saturday, June 6, 2015

Archie Willis III had just earned his master’s degree in business at the University of North Carolina at Chapel Hill when he returned to Memphis in 1981 to help his father, A.W. Willis Jr., redevelop the Adler Hotel Annex.

26. Snapshot: Memphis-Based Public Companies - Saturday, May 30, 2015

Here's a look at what's going on at the dozen public companies headquartered in Memphis:

AutoZone Inc.

AutoZone Inc. is one of the largest auto parts retailers and distributors in the U.S., with a store count of 5,476 as of Feb. 14. Since 1998, the company has repurchased $15.7 billion worth of its own shares. At the end of March, AutoZone continued its share buyback program with the authorization to buy back another $750 million in company stock. The company followed that news with plans to pursue a $650 million debt offering to be used for “general corporate purposes.” – Andy Meek

27. Shops at Kirby Gate Sells for $3.4 Million - Friday, May 8, 2015

A California-based investor has purchased the Shops at Kirby Gate in East Memphis for $3.4 million.

An affiliate of Los Angeles-based Westwood Financial Corp. acquired the shopping center at the northwest corner of Quince Road and Kirby Parkway from Shops at Kirby Gate LLC, according to public records.

28. US Home Sales Bounced Back in March, But Can the Gain Last? - Thursday, April 23, 2015

WASHINGTON (AP) – U.S. home sales bloomed in March after a brutal winter, a sign of possible newfound momentum for housing.

Sales of existing homes jumped 6.1 percent last month to a seasonally adjusted annual rate of 5.19 million, the National Association of Realtors said Wednesday. The gains were solid enough to suggest that housing might be returning to stable footing after enduring a boom, a bust and a stubbornly tepid recovery over the past dozen years.

29. Sweet Potato Baby Cooks Up Awards - Wednesday, March 25, 2015

Aryen Moore-Alston, executive chef and owner of Sweet Potato Baby, recently received two honors for the boutique catering and baked-goods company she opened in Memphis last year.

Sweet Potato Baby was named a winner of the American Small Business Championship by SCORE, a national organization that mentors entrepreneurs and small-business owners. It was also named to the Greater Memphis Chamber’s “10 to Watch” in 2015 list, which recognized companies and organizations that stood out in 2014 for their leadership in the community.

30. Holding On - Saturday, March 14, 2015

The national outlook for traditional enclosed malls is bleak. No new enclosed mall has been built in the U.S. since 2006. More than 24 have closed since 2010, and an additional 60 are teetering on the edge, according to data from Green Street Advisors. Around 15 percent of malls nationwide are expected to close in the next decade.

31. Real Estate Pros Upbeat - Saturday, February 28, 2015

After finally latching on to the broader national economic recovery in 2013, the Memphis-area commercial real estate market shook of the last vestiges of the Great Recession and roared back to life in 2014 with the office, retail, industrial and apartment sectors all producing solid gains.

32. Plans Emerge for Universal Life Building - Friday, January 16, 2015

In major Downtown news, the on-again, off-again redevelopment of the Universal Life Insurance Co. building Downtown appears to be on.

33. Overton Square Highlights Commercial Real Estate Positives - Monday, November 10, 2014

The old owners of Overton Square had a plan to remove existing local tenants and retailers and replace them with national retailers.

They succeeded in emptying Overton Square of tenants, but couldn’t attract new national retailers, leaving what was left to twist in the wind.

34. Midtown Success Highlights Commercial Real Estate Growth - Tuesday, November 4, 2014

Loeb Properties Inc. plans to build on the momentum it has created at Overton Square while turning its attention to other parts of Midtown.

35. Experts to Provide Commercial Real Estate Outlook at Seminar - Monday, October 20, 2014

Yes, Overton Square is booming, but that may not have been the case without Memphis-based Loeb Properties Inc.

36. Knoxville-Area Real Estate Bouncing Back - Saturday, September 6, 2014

Knoxville’s housing market seems to be making steady gains after the setbacks of the Great Recession.

Doyle Webb, president of the Knoxville Area Association of Realtors and a Realtor with Realty Executives Associates, says the area’s housing market will continue to improve over the next five to 10 years and surpass its 2007 sales’ levels.

37. Crye-Leike Removes Some Listings From Websites - Wednesday, June 4, 2014

Memphis-based Crye-Leike Realtors Inc. is pulling its Little Rock and Hot Springs, Ark., listings from Zillow.com and Trulia.com, two of the Web’s biggest third-party listing services.

38. Forest Hill Technology Center Sells for $5.2 Million - Tuesday, April 29, 2014

3860 Forest Hill-Irene Road
Germantown, TN 38125
Sale Amount: $5.2 million

Sale Date: March 31, 2014
Buyer: 3860 Forest Hills Irene LLC
Seller: BACM 2007-1 Irene Road LLC
Loan Amount: $5.6 million
Loan Date: April 17, 2014
Maturity Date: N/A
Lender: First Tennessee Bank NA

39. New Life - Saturday, January 18, 2014

When Rob Clark and his wife moved into their home in the historic Evergreen neighborhood in 1993, catalog and distribution operations were still active at the Sears Crosstown building.

That soon changed, and for roughly two decades the hulking property stood as a towering, painful reminder of the area’s faded glory.

40. New Life - Monday, January 20, 2014

When Rob Clark and his wife moved into their home in the historic Evergreen neighborhood in 1993, catalog and distribution operations were still active at the Sears Crosstown building.

That soon changed, and for roughly two decades the hulking property stood as a towering, painful reminder of the area’s faded glory.

41. Wenco Files Construction Loan for Volvo of Memphis - Tuesday, November 19, 2013

7910 Trinity Road
Cordova, TN 38018
Loan Amount: $4.2 million

Loan Date: Nov. 7, 2013
Maturity Date: n/a
Borrower: Wenco Properties LLC
Lender: Wells Fargo Bank NA
Details: Wenco Properties LLC has filed a $4.2 million construction loan through Wells Fargo Bank for the Volvo of Memphis dealership it is building at 7910 Trinity Road in Cordova.

42. Commercial Real Estate Market Reawakens - Saturday, November 9, 2013

After suffering through a prolonged slump, the Memphis commercial real estate market this year began to shake off the rust that gathered during the “Great Recession,” and brighter days could be ahead for the prime markets in the apartment, retail, office and industrial sectors, according to local experts.

43. Baptist Begins Work on Germantown Rehabilitation Facility - Wednesday, October 9, 2013

Baptist Memorial Health Care Corp. is moving ahead with a new rehabilitation facility on South Germantown Road, aimed at helping meet increased demand from an aging population seeking to continue their independence after a devastating injury or illness.

44. Keystone Landing Complex Sells for $4.6 Million - Tuesday, September 24, 2013

4266 Ridgestone Road
Memphis, TN 38128
Sale Amount: $4.6 million

Sale Date: Sept. 12, 2013
Buyer: Keystone Landing Apartments LLC
Seller: Ridgemont Investors LLC
Loan Amount: $3.5 million
Loan Date: Sept. 12, 2013
Maturity Date: N/A
Lender: Arbor Commercial Funding LLC
Details: The 150-unit Keystone Landing apartment complex at 4266 Ridgestone Road in Raleigh has sold for $4.6 million.

45. Cresthaven Medical Building Sells for $2.5 Million - Tuesday, May 21, 2013

1068 Cresthaven Road Memphis, TN 38119

Sale Amount: $2.5 million

Sale Date: May 2, 2013

46. Obama Nominates Pritzker, Froman for Economic Jobs - Friday, May 3, 2013

WASHINGTON (AP) – President Barack Obama on Thursday chose two old friends with corporate executive experience for top posts on his economic team, naming longtime fundraiser Penny Pritzker as Commerce secretary and adviser Michael Froman as U.S. Trade Representative.

47. Foreclosures Drop 17 Percent - Thursday, April 18, 2013

Regulators and major lenders are still on the hot seat over flawed and sometimes abusive foreclosures that were carried out in recent years.

On Main Street, the ebbs and flows of foreclosure patterns – things like the public notice of a sale and the actual foreclosure transaction – still haven’t returned to a predictable or natural rhythm.

48. Signs of Life - Saturday, April 13, 2013

Home sales activity picked up in the first quarter of this year across the Mid-South, and brokers believe the market recovery is gaining traction.

Shelby County home sales rose 6 percent during the first quarter, with 3,382 sales from January to March compared to 3,179 during the first quarter of 2012, according to real estate information company Chandler Reports, www.chandlerreports.com.

49. Commercial Practitioners Have Voice With Council - Tuesday, April 9, 2013

The Memphis Area Association of Realtors Commercial Council has grown and evolved over the past nine years since its inception, with membership increasing from 150 members in 2004 to more than 350 members this year.

50. Breaking the Mold - Saturday, February 23, 2013

When Rosemarie Fair was named Broker of the Year in investment sales at last year’s Pinnacle Awards, she became the first woman ever to do so.

Before Fair founded One Source Commercial Inc. in 1993, she worked with Carlisle Corp. in the early 1980s on Beale Street Landing Downtown. She remembers often what her mentor Gene Carlisle taught her – “Somebody will take care of the big stuff, it’s the nickels and dimes that make the difference.”

51. Soul Fish to Open in Wolf Camera Spot on Poplar - Wednesday, February 13, 2013

Soul Fish Café has selected a prime piece of real estate in East Memphis for its third location.

The catfish and Southern-inspired restaurant has signed a lease for the old Wolf Camera space in the Poplar Avenue/Perkins Road corridor. The 3,100-square-foot freestanding building at 4720 Poplar Ave. will mark Soul Fish’s third location in Memphis, behind its original spot in Midtown’s Cooper-Young district and its Germantown location near Forest Hill-Irene Road.

52. Soul Fish to Open in Old Wolf Camera at Poplar and Perkins - Tuesday, February 12, 2013

Soul Fish Café has selected a prime piece of real estate in East Memphis for its third location.

The catfish and Southern-inspired restaurant has signed a lease for the old Wolf Camera space in the Poplar Avenue/Perkins Road corridor. The 3,100-square-foot freestanding building at 4720 Poplar Ave. will mark Soul Fish’s third location in Memphis, behind its original spot in Midtown’s Cooper-Young district and its Germantown store near Forest Hill-Irene Road.

53. Events - Tuesday, January 15, 2013

The University of Memphis School of Public Health will host Dr. John Dreyzehner, Tennessee Commissioner of Health, for “Public Health is Everybody’s Business” Tuesday, Jan. 15, from 11 a.m. to 1:30 p.m. in the FedEx Institute of Technology fishbowl room 203, 365 Innovation Drive. Visit memphis.edu/sph for details.

54. Events - Monday, January 14, 2013

The Memphis Chapter International Association of Administrative Professionals will meet Monday, Jan. 14, at 6 p.m. at Memphis Marriott East, 5795 Poplar Ave. Pamela D. Pitts, financial adviser with Waddell & Reed Inc., will discuss financial planning and investments. Cost is $22. R.S.V.P. to Sharon Gardner at sharon.gardner@asentinel.com or 752-6213.

55. Shelby County Home Sales Up 19 Percent in 2012 - Monday, January 14, 2013

Shelby County had the most home sales recorded in 2012 since 2008 when the housing market started drastically declining.

There were 14,946 home sales last year, up 19 percent from 12,600 unit sales during 2011, according to real estate information company Chandler Reports, www.chandlerreports.com. And industry professionals say the outlook for 2013 is continued modest improvement.

56. First National Expanding Into Memphis-Area Walmart Stores - Monday, December 31, 2012

The New Year marks a major milestone for First National Realty Inc., as the Memphis-based residential real estate brokerage firm has plans to expand branch offices into 13 Walmart Supercenters in the Memphis metro area.

57. October Home Sales Rise 36 Percent - Tuesday, November 13, 2012

The Shelby County housing market continues to improve with 1,407 home sales recorded in October, up 36 percent from the 1,034 sales tallied in October 2011.

And year-to-date home sales activity is up 18 percent, with 12,585 sales recorded through October, according to real estate information company Chandler Reports, www.chandlerreports.com.

58. Nashville Company Buys Wolf River Medical Building for $11 Million - Tuesday, October 16, 2012

8040 Wolf River Blvd.
Germantown, TN 38138
Sale Amount: $11 million

Sale Date: Oct. 9, 2012
Buyer: HRT of Tennessee Inc.
Seller: Bayrock Investment Co. LLC
Details: HRT of Tennessee Inc., an affiliate of Nashville-based Healthcare Realty Trust Inc., has paid slightly less than $11 million for the medical office building at 8040 Wolf River Blvd. in Germantown.

59. Midtown Utopia - Monday, September 24, 2012

Of Memphis’ tales of humble beginnings, of which there are many, the fluctuating renaissance of the Cooper-Young neighborhood is certainly compelling throughout.

The area has cycled from its 19th century roots to 1970s crime and neglect to its present-day status as one of the largest historic districts in the Southeast, a magnet of all ages and walks of life. All thanks to individuals and organizations that wouldn’t settle for sub-par quality in their tiny town within the bustling Bluff City.

60. Snyder’s-Lance Signs Deal In Southaven - Friday, September 21, 2012

A well-known snack food company has boosted its distribution presence in the Memphis area.

Snyder’s-Lance Inc. signed a 26,757-square-foot lease at Airways Distribution Center Building F, 8425 Airways Blvd., in Southaven.

61. Literacy Mid-South’s Dean Appointed to State Coalition - Wednesday, June 27, 2012

Kevin Dean, executive director of Literacy Mid-South, has been appointed to the Tennessee Literacy Coalition’s board of directors. The board unanimously approved Dean’s nomination, and he will serve as a representative from West Tennessee for three years.

62. Evans Joins MERI As Finance Director - Wednesday, June 13, 2012

Devonya Evans has joined the Medical Education & Research Institute as director of finance. Evans, a licensed certified public accountant, will be responsible for heading MERI’s finance and information technology departments.

63. Singer Continues Path Down Real Estate Journey - Monday, June 11, 2012

Mary Singer started her commercial real estate career out of necessity, managing and leasing multifamily units.

64. Events - Wednesday, June 6, 2012

Kiwanis Club of Memphis will meet Wednesday, June 6, from noon to 1 p.m. at The Peabody hotel, 149 Union Ave. Hattiloo Theatre founder Ekundayo Bandele will speak. Cost is $25 for nonmembers.

65. FDIC Signs Lease In Lakecrest - Friday, May 25, 2012

Federal Deposit Insurance Corp. has inked a substantial lease in Lakecrest III, marking the market’s largest office lease signing this year.

66. Poag, N.Y. Investor Buy The Avenue - Friday, May 11, 2012

The Avenue Collierville – the largest lifestyle center in the Memphis metropolitan area at Houston Levee Road and Bill Morris Parkway – has been bought by an affiliate of Memphis-based Poag Lifestyle Centers.

67. Poag, N.Y. Investor Buy The Avenue - Thursday, May 10, 2012

The Avenue Collierville – the largest lifestyle center in the Memphis metropolitan area at Houston Levee Road and Bill Morris Parkway – has been bought by an affiliate of Memphis-based Poag Lifestyle Centers.

68. Thorpe Products Inks New Deal On Democrat - Friday, April 6, 2012

Thorpe Products Co. is relocating its Memphis branch location to a site with higher ceiling heights and better proximity to its clients.

69. Housing Market Slowly Improving - Wednesday, March 14, 2012

Memphis last month was named as one of 29 metropolitan areas to be included on the National Association of Home Builders/First American Improving Markets Index, which is now nearing 100 cities.

The index identifies metro areas that have shown improvement from their respective troughs in housing permits, employment and house prices for at least six consecutive months. Other notable new entrants to the list in February were Miami; Boston; Detroit; Kansas City, Mo.; Portland, Ore.; and Salt Lake City.

70. CK’s Moves Into Jackson as Part of Expansion - Friday, March 2, 2012

A longtime Memphis diner chain is expanding its presence into the Jackson, Tenn., market.

CK’s Coffee Shop has signed a five-year lease for 1,390 square feet of the existing 4,900-square-foot Old Medina Market Gas Station at 2800 Old Medina Road.

71. Local QR Real Estate Usage Grows Slowly - Tuesday, February 21, 2012

First seen in Japan in the mid-1990s, quick response codes could add momentous efficiency in the residential real estate world, allowing virtual tours of houses to take place on mobile devices.

But only 14 million American mobile device users have interacted with a QR code, according to recent study by digital business analytics firm comScore Inc. That means less than 5 percent of the American public has scanned a QR code.

72. C-III Capital Acquires NAI Global - Tuesday, January 31, 2012

The parent company of Memphis-based NAI Saig Co. has been acquired by an Irving, Texas-based real estate investment and special loan servicing firm for an undisclosed amount.

73. That's a Wrap - Monday, January 2, 2012

If the grand sweep of 2011 could be captured on celluloid and presented to an audience on the big screen, all the components of a great film would be readily apparent.

There was drama, in the form of a deluge and historic flooding that led the Mississippi River to crest at nearly 48 feet early in the year. One of the year’s big surprises saw President Barack Obama give the commencement address for the Booker T. Washington High School class of 2011 at the Memphis Cook Convention Center.

74. 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.

75. 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.”

76. Stonebridge Apartments Sells for $22 Million - Tuesday, December 20, 2011

9135 U.S. 64 and 9225 U.S. 64
Memphis, TN 38016

Sale Amount: $21.9 million

Sale Date: Dec. 6, 2011

Buyer: AB Merion Stonebridge LLC

77. Dunkin’ Donuts Franchisee to Open East Memphis Store - Monday, October 31, 2011

Dunkin’ Donuts is entering the prime East Memphis trade area with the sixth store in the Memphis area.

Franchisee Akshar Mendenhall Inc., doing business as Dunkin’ Donuts/Baskin Robbins, has signed a 2,700-square-foot lease at 5150 Poplar Ave. on the northwest corner of Poplar and Brookhaven Circle East. This will be his fifth store.

78. Preserve at Southwind Apts. Sell for $22.2 Million - Tuesday, October 25, 2011

7991 Capilano Drive
Memphis, TN 38125
Sale Amount: $22.2 million

Sale Date: Oct. 12, 2011

79. Company Buys 11 Acres On Thousand Oaks - Friday, September 30, 2011

NAI Saig Co. has negotiated a pair of investment sales in recent weeks. Corolla Management Corp. has purchased two sites totaling 10.6 acres on Thousand Oaks Cove from Bank of Bartlett for $925,000.

80. Multifamily Comeback - Tuesday, September 13, 2011

With signs of resurgence in the commercial real estate industry, the multifamily sector looks to bounce back at an impressive clip.

So far this year, Memphis has seen a handful of big-ticket multifamily sales, including Preserve at Forest Creek ($45.5 million), Lynnfield Place ($22.4 million), Legends at Wolfchase ($27.8 million) and Orchards at Collierville ($15.7 million).

81. The Burger Joint Joins Ridgeway Trace - Friday, August 19, 2011

Another national burger chain is setting up shop locally, except this one selected Memphis as its entrance into the Tennessee market.

BGR The Burger Joint is the latest tenant to join Ridgeway Trace Center, the 347,358-square-foot development at Poplar Avenue and Interstate 240 anchored by Target, Best Buy, PetSmart and Sports Authority.

82. First National Realty Acquires Local Biz Brokerage Firm - Tuesday, July 26, 2011

First National Realty Inc. has acquired Memphis-based Elite Business Brokers LLC in efforts to expand First National Realty’s regional and virtual market presence.

83. EDR Sees Q2 Net Income Rise - Monday, July 25, 2011

Education Realty Trust Inc. on Thursday, July 21, announced net income of $0.6 million, or $0.1 per diluted share, in the second quarter.

84. Housing Market Plunges 16 Pct. in Q2 - Monday, July 11, 2011

Residential sales during the second quarter of 2011 proved to be an improvement from the previous quarter but still shy of totals during the same period last year.

Shelby County saw just 3,453 new and existing home sales in the second quarter (April 1 to June 30), a 16 percent drop from Q2 2010, which totaled 4,099, according to real estate information company Chandler Reports, www.chandlerreports.com.

85. Driver Services Center Site Sells for $1.6M - Friday, July 1, 2011

An Omaha, Neb.-based real estate investment firm has acquired a single-tenant office building near Poplar Avenue and the Union Avenue crossover.

Circo Enterprises LLC purchased the 10,180-square-foot Department of Safety & Homeland Security building at 3040 Walnut Grove Road for $1.6 million.

86. Ga.-Based Coastal Logistics Signs Lease - Friday, June 24, 2011

A budding Savannah, Ga.-based third-party logistics firm is expanding into the Southeast Memphis industrial market. Coastal Logistics Group Inc. has signed a new 50,000-square-foot lease at 5715 Distribution Drive.

87. Housing Gap - Monday, June 20, 2011

The push for home ownership has been a fundamental element of the American Dream since the 1960s.

And because a home is typically a person’s most valuable asset, research indicates home ownership stabilizes neighborhoods while also contributing positively to the overall economy. Leading this promotional effort is the National Association of Realtors, which regularly links a healthy housing market to job creation.

88. Davis-Kidd Owner Inks New Lease - Friday, April 29, 2011

One of Memphis’ most celebrated booksellers is here to stay. The new owner of Davis-Kidd Booksellers signed a 22,000-square-foot lease Tuesday at 387 Perkins Road Extended in Laurelwood Shopping Center for 10 years as first reported in The Daily News. The lease will begin Friday.

89. Mayall Celebrates 1 Year With Real Estate Board - Monday, March 21, 2011

It’s been nearly one year since First National Realty Inc. principal Larry Mayall challenged the established order and formed his own independently operated Mid-South Real Estate Board. Mayall touts the new board, which includes all school districts and all mapping for the Mid-South region, as “one board and one MLS (Multiple Listing Service) for the tri-state market area.”

90. Market Factors Give Caution to Younger Homebuyers - Monday, March 21, 2011

When Jonathan Lyons, 25, went looking to buy a home, he planned each step carefully – he found a good job, enlisted the help of a Realtor, educated himself on the various costs, and got pre-approval from a bank.

91. Changes On Tap For 2011 Pinnacle Awards - Tuesday, March 15, 2011

After a decade of awarding excellence in the commercial real estate industry, the Memphis Area Association of Realtors’ Commercial Council Pinnacle Awards will celebrate its 10th anniversary by recognizing the industry’s top producers and offering a few surprises as well.

92. Dotzour Outlines CRE Future at MAAR Summit - Thursday, February 10, 2011

For this year’s version of the commercial real estate industry to differ from 2010, the economy needs one thing – jobs.

That was the message Mark Dotzour, chief economist and director of research for the Real Estate Center at Texas A&M University, told a room full of local brokers, bankers and appraisers at Wednesday’s Commercial Property Forecast Summit, held at the Germantown Performing Arts Centre and sponsored by the Memphis Area Association of Realtors Commercial Council.

93. Regal Group Joins First National Realty - Tuesday, February 8, 2011

Yet another set of local real estate firms are joining forces, further proof that reposition is vital amid current economic times.

Memphis-based The Regal Group LLC has announced its office will become First National Realty East – a division of Memphis-based First National Realty Inc., which also has offices in Jackson, Tenn., Jackson, Miss., Nashville and Little Rock with about 300 agents collectively.

94. Wolfchase Auto Dealer Site Sells for $4M - Friday, February 4, 2011

A Wolfchase auto dealership facility is officially changing hands and names.

First Tennessee Trust Department has bought the 48,085-square-foot auto dealership formerly known as Cadillac SAAB of Memphis, 7727 U.S. 64, for $4 million.

95. Eastgate Sells for $31.5 Million - Tuesday, January 4, 2011

The Eastgate Shopping Center on Park Avenue in East Memphis has sold to a Dallas-based entity for $31.5 million from Belz Enterprises Inc., according to documents filed with the Shelby County Register of Deeds.

96. Eastgate Sells for $31.5 Million - Monday, January 3, 2011

The Eastgate Shopping Center on Park Avenue in East Memphis has sold to a Dallas-based entity for $31.5 million from Belz Enterprises, according to documents filed with the Shelby County Register of Deeds.

97. Collierville Office Building Sells for $1.3M in Foreclosure - Tuesday, December 28, 2010

472 W. Poplar Ave.
Collierville, TN 38017
Sale Amount: $1.3 million

Sale Date: Dec. 14, 2010
Buyer: First Citizens National Bank
Seller: Ralph Henson, trustee
Orig. Borrower: Loyal Featherstone Realtors Inc.
Orig. Lender: First Citizens National Bank
Orig. Loan Amount: $1.6 million
Orig. Loan Date: March 7, 2007
Orig. Maturity: March 7, 2008

98. Loeb Buys Park Place for $10.3M - Wednesday, December 22, 2010

Loeb Properties Inc. has bought Park Place Centre from Belz Enterprises Inc. for $10.3 million – the biggest retail transaction of the year.

99. Collierville Office Building Sells for $1.3M in Foreclosure - Thursday, December 23, 2010

First Citizens National Bank has bought a low-rise office building at 472 W. Poplar Ave. in Collierville at a foreclosure sale. The sale was due to Loyal Featherstone Realtors Inc.’s default on a $1.6 million loan. First Citizens paid $1.3 million for the property.

100. Loeb Buys Park Place for $10.3M - Thursday, December 23, 2010

Loeb Properties Inc. has bought Park Place Centre from Belz Enterprises Inc. for $10.3 million – the biggest retail transaction of the year.