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Editorial Results (free)
1. Villas at Cordova Complex Sells for $14.2M in Foreclosure
- Tuesday, July 26, 2011
8546 Prestine Loop
Cordova, TN 38018
Sale Amount: $14.2 million
Sale Date: May 11, 2011
2. American Snuff Files 2nd Permit in 2 Weeks
- Monday, July 25, 2011
Memphis-based American Snuff LLC, owned by Reynolds American, has filed a second permit in two weeks for its facility at 5106 Tradeport Ave. in Hickory Hill. The latest permit application filed with the city-county Office of Construction Code Enforcement is $1.4 million and covers tank pumps and pipeline control systems, among other things.
3. American Snuff to Lay Off 45
- Friday, August 27, 2010
Memphis-based American Snuff LLC has notified the Tennessee Department of Labor and Workforce Development that it plans to lay off 45 salaried employees.
4. SunTrust Files Permit for Uptown “St. Jude” Branch
- Tuesday, June 29, 2010
600 A.W. Willis Ave.
Memphis, TN 38103
Permit Amount: $720,000
Project Cost: TBA
Permit Date: Applied June 2010
Completion: First Quarter 2011
Owner: SunTrust Banks Inc.
Tenant: SunTrust Banks Inc.
5. American Snuff Files $4 Million Permit
- Friday, June 25, 2010
American Snuff Co. LLC – formerly known as Conwood Co. LLC – has filed a $4 million permit with the city-county Office of Construction Code Enforcement as part of ongoing improvements at the company’s newly acquired facility, 5106 Tradeport Ave. in Hickory Hill.
6. Cautious Optimism
- Tuesday, June 15, 2010
Industrial real estate, which thrives whenever companies choose one of the city’s numerous warehouses and distribution centers to store their goods, plays a significant role in Memphis’ economy.
So as the recession improves and consumerism rebounds, the industrial sector is bound to show improvement as will the city’s financial climate.
7. American Snuff Files Permit for Improvements to Hickory Hill Property
- Tuesday, May 4, 2010
5106 Tradeport Drive
Memphis, TN 38115
Permit Amount: $3.2 Million
Project Cost: $3.2 million
Permit Date: Applied April 2010
Owner: American Snuff Co. LLC
Tenant: American Snuff Co. LLC
8. American Snuff Files $3.2 Million Permit
- Friday, April 30, 2010
American Snuff Co. LLC – formerly known as Conwood Co. LLC – has filed a $3.2 million permit with the city-county Office of Construction Code Enforcement to perform interior alterations in the company’s newly acquired building at 5106 Tradeport Ave. in Hickory Hill.
9. CRE Market Sweats Tight Times
- Tuesday, March 16, 2010
From Downtown to the eastern suburbs, from the airport to Millington, the landscape is bleak for commercial real estate brokers.
Everywhere they look, they see signs that the local market has endured and continues to endure its share of black eyes. In the past 12 months, for example, two of the area’s four biggest sales occurred on the Shelby County Courthouse steps.
10. Negative Absorption Dings Market
- Tuesday, February 23, 2010
The strength of Memphis’ commercial real estate market is its industrial sector, but the city’s bread and butter suffered a rare misstep in 2009, the most recent data show.
Memphis saw negative absorption of 352,797 square feet during the fourth quarter and negative absorption of 913,871 during 2009, according to a year-end report from CB Richard Ellis.
11. Conwood Acquisition Helps Salvage November Commercial Sales
- Thursday, December 24, 2009
A single, high-dollar transaction helped salvage November’s commercial sales total, accounting for half of the dollar volume last month. Beyond that, the most noteworthy trend to arise from the most recent data was a dearth of activity as Shelby County nears the end of 2009 – the slowest year for commercial transactions in at least two decades.
12. Conwood Buys Hickory Hill Facility For Planned $133 Million Expansion
- Tuesday, November 17, 2009
5106 Tradeport Drive
Memphis, TN 38141
Sale Amount: $19.3 Million
Sale Date: Nov. 5, 2009
Buyer: Conwood Co. LLC
Seller: Chickasaw and Goodman Realty Holding Co.
Details: Conwood Co. LLC on Nov. 5 formally acquired the 787,500-square-foot facility at 5106 Tradeport Drive in Hickory Hill South for $19.3 million. Conwood earlier this year announced plans to buy the building, where it will expand its manufacturing operation of the smokeless tobacco products Kodiak and Grizzly.
13. Conwood Closes On Facility for $19.3 Million
- Wednesday, November 11, 2009
Conwood Co. LLC on Nov. 5 formally acquired the 787,500-square-foot facility at 5106 Tradeport Drive in Hickory Hill South for $19.3 million. Conwood earlier this year announced plans to buy the building, where it will expand its manufacturing operation of the smokeless tobacco products Kodiak and Grizzly.
14. Conwood Co. Receives $6.7M Tax Benefit
- Monday, September 7, 2009
Conwood Co. LLC, a manufacturer of smokeless tobacco, has been awarded a seven-year payment-in-lieu-of-taxes (PILOT) benefit from the local city-county Industrial Development Board, which represents $6.7 million in savings to the company.