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Editorial Results (free)

1. Home Builders Group Buys Building for Headquarters -

The West Tennessee Home Builders Association has paid $4.4 million for an office building at 5400 Poplar Ave. in East Memphis that will house the organization’s new headquarters.

2. LeSaint Logistics Leases Space Near Airport -

LeSaint Logistics LLC is entering the Memphis market, having recently leased 57,285 square feet at 3300 Jet Cove.

3. Trinity Place Sells For Third Time In Five Years -

A Cordova retail center is under new ownership for the third time in five years. Atlanta-based Altus Real Estate Advisors LLC has purchased Trinity Place, 7990 Trinity Road, for $2.8 million.

4. MEPPI Buys Rivergate Park Acreage For Transformer Plant -

186.2 Acres In Rivergate Industrial Park
Sale Amount: $3.7 million
Sale Date: May 31, 2011

Buyer: Mitsubishi Electric Power Products Inc.
Seller: Belz Investco GP
Details: Warrendale, Pa.-based Mitsubishi Electric Power Products Inc. has bought three parcels in Rivergate Industrial Park from Belz Investco GP for $3.7 million. The deal closed May 31. The first parcel is 9.3 acres on the north side of Riverport Road (listed in the deed as Rivergate Road). It backs McKellar Lake, and the Shelby County Assessor of Property’s 2011 appraisal is $419,000. The second parcel is 63 acres on the south side of Riverport Road, appraised at $604,600. The third parcel is 113.9 acres on the north side of Riverport Road, wrapping around the 9.3-acre parcel and including an offshoot of McKellar Lake. Its 2011 appraisal is $769,600.
MEPPI announced in mid-February it would build a $200 million transformer manufacturing plant in Belz Enterprises Inc.-owned Rivergate Industrial Park.
In March, the Shelby County Commission and Memphis City Council each put in $1 million toward infrastructure financing for the project.

5. Bartlett Warehouses Sell for $15M in Foreclosure -

CMLT 2008-LS1 Wolf Lake Drive LLC, an entity affiliated with Miami Beach, Fla.-based LNR Partners LLC, has bought 10 parcels comprising 15 addresses in Bartlett Logistics Center at a foreclosure sale for $15 million. CMLT 2008-LS1 Wolf Lake Drive LLC was the current lender for the property.

6. WPG Americas Signs Lease in Southaven -

A San Jose, Calif.-based worldwide electronics distributor is entering the Memphis area with full force.

WPG Americas Inc. has signed a 54,000-square-foot lease at Airways Distribution Center, 481 Industrial Drive, in Southaven. The project – a relocation of the WPG America’s New York facility – represents a $1.5 million investment by the company and will create 60 jobs over the next three years.

7. Loan Filed for Phase Two Of Centennial Gardens Apartments -

7751 Centennial Drive
Memphis, TN 38125
Loan Amount: $11.5 Million

Loan Date: Jan. 15, 2009
Maturity Date: Jan. 15, 2013
Borrower: Lightman Centennial Gardens Co.
Lender: SunTrust Bank

8. Cordova’s Trinity Place Sells for $4.3 Million -

The Trinity Place shopping center at 7990 Trinity Road in Cordova sold for $4.3 million in a trustee’s deed to JPMCC 2006-LDP7 Trinity Place LLC.

9. Archived Article -

2362 and 2382 N. Germantown Parkway
Memphis, TN 38016
Sale Amount: $14.6 million

Sale Date: Nov. 9, 2006

10. Shops at Rock CreekGoes for $15 Million -      The 61,000-square-foot Shops at Rock Creek at 2362 and 2382 N. Germantown Parkway has been bought by two California investors for $14.6 million. Dominion Partners I LLC sold an 83.5 percent interest in the center to Kapr

11. Archived Article -

Related Transaction
7990 Trinity Road
Cost: $6.5 million

Borrower: Kapree Trinity LLC

12. California Investor Buys Trinity Place for $7.9 Million -

7990 Trinity Road
Cordova, TN 38018
Cost: $7.9 million

Buyer: Kapree Trinity LLC

Seller: Crews Trinity Place LLC

13. Trinity Place SellsFor $7.9 Million - Kapree Trinity LLC has purchased Trinity Place shopping center from Crews Trinity Place LLC for $7.9 million. The 48,720-square-foot center is on 4.61 acres at 7990 Trinity Road near Moriarty Road. Lease agreements are in place with Baumer's Birkenst

14. Archived Article: Events - The Memphis City Council meets at 3:30 p

The National Association of Women in Construction meets at 6 p.m. today at Andertons Restaurant, 1901 Madison Ave. Cost is $20. Call 372-7502. The American Business Womens Association meets at 6:15 p.m. to...

15. Archived Article: Events - The Memphis Regional Chamber presents International Commerce Day 2004 from 7:30 a

The Memphis Regional Chamber presents International Commerce Day 2004 from 7:30 a.m. to 6 p.m. Tuesday at The Peabody, 149 Union Ave. Cost is $75 for members; $100 ...

16. Archived Article: Daily Digest - Baptist hospital tops list

Baptist hospital tops list

of health care networks

Baptist Memorial Health Care was named among the top health care networks in the nation in a recent survey published by Modern Healthcare and conducted by Verispa...

17. Archived Article: Comm Briefs - The Baptist Mobile Mammography Unit will set up at the Sprint PCS store in Cordova, 7990 Trinity Road from 9 a The Baptist Mobile Mammography Unit will set up at the Sprint PCS store in Cordova, 7990 Trinity Road from 9 a.m. to 3 p.m. Monday. Those ...

18. Archived Article: Crabs - By SUZANNE THOMPSON Two Joes Crab Shacks will open in fall By SUZANNE THOMPSON The Daily News Crab lovers in East Memphis will not have to go far to find a feast this fall, as Landrys Seafood Restaurants will open two Joes Crab Shacks, according to ...