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Editorial Results (free)

1. Heat Wave -

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. Bank of Bartlett Eyes An Expanded Footprint to Meet Consumer Demand -

Bank of Bartlett will soon consolidate its two Germantown branches into one enhanced location at Poplar and Kirby, and is eyeing Midtown and Arlington as areas for additional brick-and-mortar branches.

3. Beale Hotel, South Main Mixed-Use Top Busy Week In Development -

It’s a busy week for the city of Memphis when it comes to economic development. The Downtown Memphis Commission has two of its affiliate boards, the Center City Revenue Finance Corp. and the Design Review Board, in action this week, while the Economic Development Growth Engine for Memphis and Shelby County is holding a meeting for its Economic Development Finance Committee.

4. Taking Flight -

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. 

5. EdR to Be Acquired In $4.6 Billion Deal -

Memphis-based collegiate housing developer and manager EdR has entered into an agreement to be acquired by the newly formed, perpetual-life fund Greystar Student Housing Growth and Income Fund in a $4.6 billion all-cash transaction.

6. EdR to be Acquired in $4.6 Billion Deal -

Memphis-based collegiate housing developer and manager EdR has entered into an agreement to be acquired by the newly-formed, perpetual-life fund Greystar Student Housing Growth and Income Fund in a $4.6 billion all-cash transaction.

7. Tenn. Brewery’s 1st Phase 100 Percent Leased -

The first phase of the Tennessee Brewery development is now completely leased, according to multifamily investment and property management company Fogelman Properties.

Since opening its doors December 2017, the Tennessee Brewery has become the real estate company’s fastest “opening to stabilization” community to date.

8. Hollywood Feed Promotes Ross To Director of Marketing -

Anne Ross has been promoted to director of marketing at Hollywood Feed. Having been with the Memphis-based natural pet food chain for more than five years, she now oversees all of the company’s marketing and communication efforts throughout the region in its 70 stores.

9. Fogelman: Tennessee Brewery’s First Phase 100 Percent Leased -

The first phase of the Tennessee Brewery development is now completely leased, according to multifamily investment and property management company Fogelman Properties.

Since opening its doors December 2017, the Tennessee Brewery has become the real estate company’s fastest “opening to stabilization” community to date.

10. 100 North Main -

The city’s tallest building, the 37-story 100 North Main Building – may or may not become the city’s second convention center hotel. But the skyscraper that has been vacant for four years and counting is the centerpiece of a 3-acre planned commercial complex anchored by a 600-room hotel, no matter where it winds up in the footprint. The complex, as much as the hotel, promises to change more than the city’s convention business.

11. Tackling Transit, Reappraisal at Once Not Smart -

Nashville’s Metro Council is taking the hit for falling asleep at the wheel in a period of unprecedented prosperity and waking up to a budget shortfall in mid-2018.

“We’ve been drunken by our growth and the label of the It City,” Councilwoman Tanaka Vercher admits. “But this is what happens in growth. It stabilizes.”

12. Merging Past, Present -

The Medical Arts Building at the corner of Madison Avenue and Fourth Street in Downtown Memphis, much like its hometown, has seen its share of ups and downs for nearly a century.

But as the city continues to reinvent itself, Walk-Off Properties, the building’s current owner, is also in the process of reimaging the iconic property.

13. Faropoint, Belz Sell of Part of Retail Portfolio -

7501 Goodman Road, Olive Branch, MS 38654 and 7685 Hacks Cross Road, Olive Branch, MS 38654:  Faropoint Ventures continues to remain active in the Greater Memphis Area with the sale of two Olive Branch retail centers for a combined $9.24 million.

14. Faropoint Sells Two Olive Branch Retail Centers -

Faropoint Ventures continues to remain active in the greater Memphis area with the sale of two Olive Branch retail centers for a combined $9.2 million.

NAI Saig Co. executive vice president Brian Califf and Elliot Embry negotiated the sale of the more than 54,000 square feet of retail space by representing Faropoint in the deal.

15. Three Projects Get Green Light from EDGE Board -

The Economic Development Growth Engine for Memphis and Shelby County approved a trio of projects that could create as many as 255 new jobs and retain nearly 300 more during a busy Wednesday, May 16, agenda. 

16. Faropoint Sells Two Olive Branch Retail Centers for Almost $10M -

Faropoint Ventures continues to remain active in the Greater Memphis Area with the sale of two Olive Branch retail centers for a combined $9.24 million.

NAI Saig Co. executive vice president Brian Califf and Elliot Embry negotiated the sale of the more than 54,000 square feet of retail space by representing Faropoint in the deal.

17. Fogelman Properties Adds VP of Acquisitions -

Fogelman Properties has appointed Mike Aiken vice president of acquisitions, a newly created position at the Memphis-based multifamily real estate services company.

18. Two Large Industrial Portfolios in Southeast Memphis Sold -

4049 Willow Lake Blvd., Memphis, TN 38118 (portfolio)

Sale Amount: $21.8 million

Buyer: Faropoint Ventures

Buyer Rep: Brian Califf, NAI Saig Co.

19. Faropoint Grows Portfolio By Nearly 1M Square Feet -

Faropoint Ventures has purchased another batch of properties in the Memphis area, effectively increasing its local footprint by almost 1 million square feet.

NAI Saig Co. executive vice president Brian Califf represented Faropoint in the $21.8 million multiproperty deal.

20. 3D Realty Plans to Bring Additional Mixed-Use Communities to Memphis -

Fresh off the Shelby County Board of Adjustment’s April 25 unanimous vote to advance 3D Realty’s mixed-use community underneath the iconic Broad Avenue water tower, James Maclin says the company doesn’t intend on slowing down anytime soon.

21. Last Word: About The Election Turnout, Luttrell's Last Budget and Gold Records -

It turns out election turnout in Tuesday’s county primary elections was up from the same election cycle four years ago – almost 19,000 more voters – a 14.9 percent turnout if you only go by the number of “active” voters – 13.4 percent if you go with combined active and “inactive”. Yes, when last we met, I said it was a decrease from 2014. It’s not. And here is how that happened.

22. Faropoint Expands Portfolio By Nearly 1M Square Feet -

Faropoint Ventures has purchased another batch of properties in the Memphis area, effectively increasing its local footprint by almost 1 million square feet.

NAI Saig Co. executive vice president Brian Califf represented Faropoint in the $21.8 million multiproperty deal.

23. Memphis Army Depot, CA Building Get New Owners -

2028 Memphis Depot Pkwy.
Memphis, TN 38114

Sale Amount: $50 million

24. Commercial Appeal Building Sells for $2.8M -

The Commercial Appeal building, 495 Union Ave., has been sold to a New York investment company for $2.8 million.

25. Commercial Appeal Building Sells for $2.8 Million -

The Commercial Appeal building, 495 Union Ave., has been sold to a New York investment company for $2.8 million.

26. CA Sells Land, CBRE Inks New Office Deal -

597 Beale St., Memphis, TN 38103: Gannett Co. Inc., The Commercial Appeal’s parent company, has sold 5 acres adjacent to the CA’s 495 Union Ave. location to a New York-based investment company that specializes in acquiring underperforming and underutilized locations from legacy newspapers.

27. Last Word: Failed Test, Trolley Back Story and Violent Crime Down City and County -

The state’s third problem with online student achievement testing in three years is gathering political force in Nashville. And that force is aimed for the most part at testing in general and the role it plays in evaluating teachers and students.

28. Overton Square Adds Two New Restaurants in One Week -

2110 Madison Ave.

Memphis, TN 38104

Lease Amount: 3,790 square feet 

Tenant: Bogard

Tenant’s Agent: Barry Maynard, LRG

Landlord: Loeb Properties Inc.

29. New Apartments Coming to Broad, Clark Tower Inks Another Tenant -

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

30. Massive Mixed-Use Project Slated for Broad Avenue -

In many ways the Broad Avenue water tower has become the defining emblem of the iconic arts district, but the empty warehouse it sits on stands in stark contrast from the vibrant shops, restaurants and art galleries that line the more developed south side of the street.

31. EPE Expansion in Limbo, Overton Square Restaurant Sets Opening Date -

3734 Elvis Presley Blvd.
Memphis, TN 38116

Project Cost: $22 million

Owner: Elvis Presley Enterprises

Details: Elvis Presley Enterprises’ expansion plans have been put on hold for the second straight month as the Economic Development Growth Engine for Memphis and Shelby County board continues to sort out if any implications will stem from approving bond financing for the Whitehaven project.

32. Riviana, Ebrofrost Continue Work On $26M Frozen Food Facility -

2360 Prospect St.

Memphis, TN 38106

Permit Amount: $3.1 million

Project Cost: $26.5 million

Application Date: March 2018

Owner: Riviana Foods

33. Digest -

Memphis Grizzlies Suffer 15th Consecutive Loss

The Grizzlies lost their 15th straight game, 119-110 at Chicago, on Wednesday, March 7.

The team has not won since defeating the Phoenix Suns at FedExForum on Jan. 29.

34. CRE Owners Look To Reap Rewards Of New Tax Cuts -

The start of the year enjoyed a flurry of commercial real estate sales and building permits, on the heels of federal tax cuts passed late last year that are expected to benefit CRE owners and possibly impact the number of new projects and sales announced this year.

35. Not Your Father’s Office Building -

2017 was a big year for Clark Tower, with more than $9 million in physical improvements. But perhaps one of the biggest changes to the 34-story East Memphis office tower, located at 5100 Poplar Ave., is a change in perception.

36. Two Residential Infill Projects Get Green Light -

Two residential infill projects in South Main and Midtown that will add density to the city’s core were approved for financial incentives Tuesday afternoon, Feb. 13.

A new mixed-use development slated for South Main will be headlined by a long-time Blue Monkey employee.

37. Long-Time Blue Monkey Employee Opening Deli Downtown -

A new mixed-use development slated for South Main will be headlined by a long-time Blue Monkey employee.

Michael Johnson of Blue Monkey Enterprises told the Center City Revenue Finance Corp. on Tuesday, Feb. 13, that 18-year employee Brandon Moss will be running a deli on the bottom floor of a new three-story, 7,500-square-foot building that will be located at 529 S. Front St.

38. Hotel Indigo, Trader Joe’s Move Ahead -

22 N B.B. King Blvd., Memphis, TN 38103: Atlanta-based Three P Partners has filed a $5 million building permit application with the Office of Construction Code Enforcement to construct a 118-room Hotel Indigo at the corner of North B.B. King Boulevard and Court Avenue.

39. DMC to Review Plans For New Downtown Mixed-Use Building, Midtown Apartments -

A local investment group is seeking a nine-year tax break from the Downtown Memphis Commission to construct a new mixed-use building where the Downtown Blue Monkey once stood at 529 S. Front St.

40. Digest -

Memphis Toys R Us

To Remain Open

A representative with Toys R Us has confirmed to The Daily News that the retailer’s Memphis location, at 7676 Polo Ground Blvd., won’t close after all.

41. MAA Releases Fourth-Quarter Results -

Memphis-based real estate investment trust MAA wrapped up what chief operating officer Tom Grimes called a “year of significant change for our organization” by reporting fourth-quarter net income of $122.5 million, or $1.08 per diluted common share.

42. TVA CEO Talks Water, Economic Development, Solar and Fixed Costs -

During his visit to Memphis last week, Tennessee Valley Authority CEO Bill Johnson left the door open to a change in TVA’s plans to use its own water wells when the new TVA natural gas-fired plant in southwest Memphis goes online later this year.

43. Rolling on the River -

Despite being the fifth-largest inland port in the United States, the Port of Memphis often gets outshined by its counterparts like Memphis International Airport and BNSF Railway’s intermodal facilities. 

44. Council Talks With Head of TVA, Votes on Two More Ballot Questions -

Memphis City Council members talk with Tennessee Valley Authority president Bill Johnson Tuesday, Jan. 23, meet Mayor Jim Strickland’s nominee to replace retiring Memphis Light, Gas and Water Division president Jerry Collins and may renew discussions of electric and gas rate hikes proposed by MLGW that it voted down two weeks ago.

45. Downtown Office Tower Reclaimed at Auction; Lafayette's to Expand -

100 N. Main St.

Memphis, TN 38103

Sale Amount: $1 million

Sale Date: Jan. 11, 2018

Buyer: THM Memphis Acquisitions

46. Downtown Office Tower Reclaimed at Auction; Lafayette's to Expand -

100 N. Main St.

Memphis, TN 38103

Sale Amount: $1 million

Sale Date: Jan. 11, 2018

Buyer: THM Memphis Acquisitions

47. 100 North Main Building Reclaimed at Auction; Lafayette’s Expanding -

100 N. Main St.

Memphis, TN 38103

Sale Amount: $1 million

Sale Date: Jan. 11, 2018

Buyer: THM Memphis Acquisitions

48. Lender Reclaims City’s Tallest Building, Lafayette’s Expanding -

100 N. Main St., Memphis, TN 38103 - THM Memphis Acquisitions LLC effectively bought the 100 North Main Building, a 37-story office tower, at a foreclosure auction on the courthouse steps after the property failed to receive any bids. A substitute trustee’s deed for the $1 million transaction was recorded with the Register’s Office Thursday, Jan. 11.

49. Teaming Up -

Several factors have combined to upend business conditions at the Tunica casinos in recent years, but there is renewed optimism among gaming operators there who are discovering there is strength in numbers.

50. Memphis Hilton Sale, New FedEx Hub Building Highlight Busy Week -

939 Ridge Lake Blvd.

Memphis, TN 38120

Sale Amount: $31 million

Sale Date: Jan. 3, 2018

Buyer: Linchris Hotel Corp.

Seller: Davidson Hotels and Resorts

51. Fogelman Properties Acquires Atlanta-Area Apartments -

Memphis-based Fogelman Properties has acquired Nesbit Ferry Crossing Apartments, a 284-unit, multifamily development in the Atlanta suburb of Alpharetta, Georgia.

Fogelman, which will rebrand the property as Station Heights Apartments, plans to upgrade the unit interiors and invest in enhancements to common-area amenities.

52. City Council to Consider Ideas to Mitigate Kroger Closures -

Memphis City Council members will talk Tuesday, Jan. 9, about the decision of Kroger’s Delta Division to close two of its Memphis stores in 3 1/2 weeks.

The sudden announcement could create food deserts in those areas of the city and make it difficult of recruit replacement stores.

53. Texas Investor Buys $14.6M Industrial Portfolio -

Sealy & Co., a Texas-based real estate investment firm, has purchased a 584,000-square-foot industrial portfolio in the Southeast Memphis submarket for $14.6 million.

54. Texas Investor Buys $14.6M Industrial Portfolio -

Sealy & Co., a Texas-based real estate investment firm, has purchased a 584,000-square-foot industrial portfolio in the Southeast Memphis submarket for $14.6 million.

55. Downtown Hotel Revival; Two Companies Look to Expand in Southwest Memphis -

5050 E. Holmes Road
Memphis, TN 38118

Project Cost: $720,000

Application Date: Dec. 20, 2017

56. Technicolor, Agilent Approved for Tax Incentives -

The Economic Development Growth Engine for Memphis and Shelby County approved a pair of tax abatements Wednesday, Dec. 20, that have the potential to affect more than 1,000 jobs in the county.

The payment-in-lieu-of-taxes agreement for California-based life sciences, diagnostics and applied chemical company Agilent Technologies would create 117 new jobs, while one for a division of multimedia production and distribution giant Technicolor would retain anywhere from 158 to 916 jobs.

57. Possible Trader Joe’s Update, New $35M Airport Facility -

In this week’s Real Estate Recap, a new development in the saga of Germantown’s Trader Joe’s, Memphis International Airport begins work on a new $35 million facility, and Central BBQ announces a new a location...

58. Cooper-Young Historic District, Shelby Farms Mixed-Use Project Approved by LUCB -

During its last meeting of 2017, The Shelby County Land Use Control Board tackled a particularity large slate of notable projects, including a massive $142 million mixed-use development on the outskirts of Shelby Farms and the fate of Cooper-Young’s Landmarks status.

59. Piece by Piece: Construction Projects Flourishing Throughout Mid-South -

With $11 billion spread out among more than 300 active projects in the Memphis area, according to data from brokerage firm Cushman & Wakefield/Commercial Advisors, it’s safe to say business in the region is good.

60. ALCO to Renovate Two Affordable Housing Sites -

Memphis-based affordable housing management company ALCO Management Inc. has announced two of its properties, Eastern Heights and Creekwood Apartments, will undergo an $8 million upgrade using funding from financial and governmental partnerships, since both locations are considered affordable housing properties.

61. ALCO to Renovate Two Affordable Housing Sites -

Memphis-based affordable housing management company ALCO Management Inc. has announced two of its properties, Eastern Heights and Creekwood Apartments, will undergo an $8 million upgrade using funding from financial and governmental partnerships, since both locations are considered affordable housing properties.

62. Destined for Greatness -

A modest eight-unit apartment building in the shadows of the $200 million Crosstown Concourse may not carry the name value or financial gravitas of its massive neighbor, but for a group of local kids, it has the chance to change their lives.

63. Shelby Farms Draws $142 Million, 71-Acre Development -

Elmington Capital Group has submitted plans for a 71-acre senior housing, apartment and single-family development next to Shelby Farms Park. Dwell at Shelby Farms is a new $142 million development to be located on the north side of Raleigh-LaGrange Road near the intersections of Trinity and Fischer Steel roads.

64. Faropoint Buys 2 Properties After Trustmark Centre Sale -

Fresh off of the sale of Trustmark Centre, Faropoint Ventures has acquired two more substantial office assets.

The Israeli investment firm bought the Lipscomb & Pitts Building, 2670 Union Ave. Extended, and Poplar Towers, 6263 Poplar Ave., for a combined $19.3 million using capital from the Trustmark Centre sale. The purchase also includes the high-end restaurant Fleming’s, 6245 Poplar, and an AT&T store at 6267 Poplar, both outparcels to Poplar Towers.

65. Iconic E. Memphis Office Building Sells for $19.7M -

Nashville-based Magnolia Capital Investments has purchased the Trustmark Centre located at 5350 Poplar Ave. from Israeli investors, Faropoint Ventures. Faropoint intends to reinvest proceeds from the sale to buy other Memphis properties.

66. Exeter Closes on Fifth Major Purchase in October -

Pennsylvania-based real estate investment management firm Exeter Property Group made its fifth significant local investment within a month with the $13.8 million purchase of a 400,000-square-foot industrial property in southeast Memphis.

67. Trustmark Centre Sells for Nearly $20M -

An iconic East Memphis office building has switched hands for $19.7 million.

Nashville-based Magnolia Capital Investments has purchased the Trustmark Centre located at 5350 Poplar Ave. from Israeli investment group Faropoint Investments.

68. Trustmark Centre Sells for Nearly $20M -

An iconic East Memphis office building has switched hands for $19.7 million.

In the deal, Nashville-based Magnolia Capital Investments purchased the Trustmark Centre located at 5350 Poplar Ave. from Israeli investors, Farpoint Investments.

69. Exeter Closes on Fifth Major Purchase in October -

Pennsylvania-based real estate investment management firm Exeter Property Group made its fifth significant local investment within a month with the $13.8 million purchase of a 400,000-square-foot industrial property in southeast Memphis.

70. Real Estate Market In Focus At Seminar -

The Daily News will host its annual Commercial Real Estate Review & Forecast Seminar on Thursday, Nov. 2, at the Memphis Brooks Museum of Art, 1934 Poplar Ave.

71. Gibson Plans to Sell Downtown Factory, Build a New One -

145 Lt. George W. Lee Ave., Memphis, TN 38103: Nashville-based guitar maker Gibson Brands Inc. confirmed Friday, Oct. 20, it is putting its Downtown Memphis factory on the market and plans to build and lease a new facility nearby.

72. Pennsylvania Investor Buys More Memphis Property -

Exeter Property Group has made its second significant splash in the Memphis market with the combined $34.5 million acquisition of two industrial properties.

In the first purchase, Exeter Property Group, doing business as Exeter 4755 Southpoint LLC, purchased a 700,000-square-foot Class A warehouse located at 4755 Southpoint Drive from New York-based Treeview Real Estate Advisors LP for $17.3 million.

73. Construction Continues On Hickman Building -

Walk Off Properties, the new owners of the historic Hickman Building at 240 Madison Ave. in Downtown Memphis, are continuing their renovation of the property.

74. Construction Continues On Hickman Building -

Walk Off Properties, the new owners of the historic Hickman Building at 240 Madison Ave. in Downtown Memphis, are continuing their renovation of the property.

75. Fogelman Properties Adds Day As Senior VP of Investments -

Matthew Day has joined Fogelman Properties as senior vice president of investments. Day comes to the Memphis-based multifamily real estate services company with 15 years of investment experience and will spearhead its investment platform across the Southeast, Southwest and Midwest regions.

76. Pennsylvania Investment Group Makes $34.5M Splash -

Exeter Property Group as make its second significant splash in the Memphis market with the combined $34.5 million acquisition of two industrial properties.

In the first purchase, Exeter Property Group, doing business as Exeter 4755 Southpoint LLC, purchased a 700,000-square-foot Class A warehouse located at 4755 Southpoint Drive from New York-based Treeview Real Estate Advisors LP for $17.3 million.

77. Prologis Sells Two Industrial Buildings for $23.8M -

San Fransisco-based Prologis Inc. has sold two parcels of its Memphis portfolio for a combined $23.8 million.

78. Wright Investments To Buy Up to $400M in Hotels -

Wright Investments, a Memphis-based hotel management, investment and project management company, is planning to acquire up to $400 million in hotel properties over the next two to three years by investing the firm’s newly raised Hospitality Opportunity Fund II.

79. 2 Cooper St. Projects In Midtown Seek Incentives -

Two separate Midtown projects, both located on Cooper Street, are seeking 11-year tax abatements from the Downtown Memphis Commission’s Center City Revenue Finance Corp. board.

80. Two Midtown Projects Apply for Tax Incentives -

Two separate Midtown projects, both located on Cooper Street, are seeking 11-year tax abatements from the Downtown Memphis Commission’s Center City Revenue Finance Corp. board.

The first project, located at 663 and 673 Cooper St., is an office/residential mixed-use development submitted by filament LLC, the development wing of local architectural firm, archimania.

81. Hotel Management Co. to Buy Up to $400M in Properties -

Wright Investments, a Memphis-based hotel management, investment and project management company, is planning to acquire up to $400 million in hotel properties over the next two to three years by investing the firm’s newly raised Hospitality Opportunity Fund II.

82. Crosstown Crossroads -

For the past 90 years, Crosstown has seen its share of ups and downs. In the beginning, it was a shining beacon for the city’s eastward expansion; at its height, it anchored several vibrant and diverse neighborhoods; and at its lowest, Crosstown became the poster child for once-great inner-city areas of Memphis that had deteriorated.

83. High-Def Experience Awaits Grizzlies, Tigers Fans -

The Memphis Grizzlies recently held a small reception at FedExForum to show off improvements, and the biggest one – literally – was a new video board hanging over the court that offers four times the amount of display space as the previous scoreboard.

84. GPAC Planning New Open-Air Venue -

1801 Exeter Road, Germantown, TN 38138

Owner: Germantown Performing Arts Center

85. Highwoods Sells Southwind Portfolio for $39M -

Highwoods Properties Inc. has sold a massive portion of its portfolio in Southwind to a New York-based investment group for $39 million.

86. Highwoods Sells Southwind Portfolio for Nearly $40M -

Highwoods Properties has sold a massive portion of its portfolio in Southwind to a New York-based investment group for $39 million.

In the deal, Highwoods Properties, doing business as Highwoods Reality Limited Partnership, sold eight parcels of land near the intersection of Players Club Parkway and Tournament Drive to Group RMC, which purchased the property under the name of Southwind Memphis Reality LP.

87. Germantown Medical Office Sells for $16M -

1325 Wolf Park Drive, Germantown, TN 38138

Sale Amount: $15.9 million

Buyer: Global Medical REIT

88. MAA Moves Forward With New Headquarters -

Memphis-based real estate investment trust MAA is moving forward with its corporate relocation to Germantown’s TraVure development.

The apartment-only REIT pulled a $7 million building permit with construction code officials to build out the fourth and fifth floors. It lists Grinder, Taber & Grinder as the contractor, developer Gill Properties as the owner and MAA as the tenant.

89. Memphis Industrial Center Sells for $3.7 Million -

Boston-based real estate investment firm Plymouth Industrial REIT has expanded its local portfolio with the acquisition of a 132,000-square-foot industrial center in southeast Memphis.

In the deal, Plymouth purchased the property from Huntington Industrial Partners for $3.7 million.

90. SE Memphis Industrial Center Sells for $3.7 Million -

Boston-based real estate investment firm Plymouth Industrial REIT has expanded its local portfolio with the acquisition of a 132,000-square-foot industrial center in southeast Memphis.

In the deal, Plymouth purchased the property from Huntington Industrial Partners for $3.7 million.

91. Plymouth REIT Expands Memphis Portfolio -

Boston-based real estate investment firm Plymouth Industrial REIT has expanded its local portfolio with the acquisition of a 132,000-square-foot industrial center in southeast Memphis.

In the deal, Plymouth purchased the property from Huntington Industrial Partners for $3.7 million.

92. REIT Set to Make Fifth Downtown Memphis Investment -

Alpha Residential Trust, a Pittsburgh, Pennsylvania-based real estate investment trust, has entered into an agreement to purchase the 266 Lofts development at the corner of Front Street and Dr. Martin Luther King Jr. Boulevard.

93. MAA Moving Forward With New HQ -

Memphis-based real estate investment trust MAA is moving forward with its corporate relocation to Germantown’s TraVure development by seeking a $7 million building permit to build out the fourth and fifth floors.

94. Kemmons Wilson Co. Subsidiary to Merge with International Hotel Developer -

Wilson Hotel Management, a subsidiary of Kemmons Wilson Co., will merge with Valor Hospitality Partners, an international hotel developer with headquarters in Atlanta, Georgia, and London, England. And the new company's headquarters will be in Atlanta and London with an office in Memphis.

95. Memphis Heritage Catalogs Historic Local Properties -

Memphis Heritage has announced the completion of a comprehensive catalog book, three years in the making, of all the historic properties in the city of Memphis and Shelby County that are listed in the National Park Service’s National Register of Historic Places.

96. Council OKs $6M Loan for Wonder Bread Garage -

The Memphis City Council approved a $6 million loan on Tuesday, Aug. 22, to help finance the development of a 481-space parking garage that’s a key part of the $73 million Wonder Bread redevelopment.

97. South City Redevelopment Activity Heating Up -

The up-and-coming South City neighborhood is enjoying a resurgence of redevelopment activity lately, with the restoration of several historic properties, new multifamily construction and talk of bringing in a grocery store. The city and the Downtown Memphis Commission have been instrumental in the renewed interest, with noteworthy projects including the Clayborn Temple, the Universal Life Building and the demolition of Foote Homes.

98. South City Redevelopment Heats Up With Renovations, New Construction -

The up-and-coming South City neighborhood is enjoying a resurgence of redevelopment activity lately, with the restoration of several historic properties, new multifamily construction and talk of bringing in a grocery store. The city and the Downtown Memphis Commission have been instrumental in the renewed interest, with noteworthy projects including the Clayborn Temple, the Universal Life Building and the demolition of Foote Homes.

99. Cordova Apartment Community Sells for $27.9M -

The Charleston, a 284-unit apartment community on the east side of Houston Levee Road just south of U.S. 64, has sold for $27.9 million, marking a new chapter for a property that was built just last year.

100. Cordova Apartment Community Sells for $27.9M -

The Charleston, a 284-unit apartment community on the east side of Houston Levee Road just south of U.S. 64, has sold for $27.9 million, marking a new chapter for a property that was built just last year.