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Editorial Results (free)

1. Community, Real Estate Drive Crye-Leike’s Fuhrman -

Crye-Leike Commercial Real Estate president and managing broker Eric Fuhrman is a busy man.

For starters, he is in charge of a bustling division of one of the largest real estate firms in the country.

2. $3.5 Million McVay Station Begins -

Three Class A speculative office buildings have broken ground in Germantown at McVay Road and Poplar Pike.

The $3.5 million development, named McVay Station Professional Center, is by Jason Speed, local developer and contractor whose claim to fame was Corporate Gardens, a $24 million, 148,000-square-foot retail and office park delivered in 2001 on 14 acres at Forest Hill Irene Road and Poplar Pike.

3. LSI Buys Flex Space to Expand -

A northeast industrial flex warehouse in Appling Center Industrial Park has been snatched up by an expanding Bartlett-based engineering firm.

Larry W. Bailey, trustee of the Bailey Children’s Trust, bought the 30,397-square-foot facility and its 2.55 acres at 2756 Appling Center Cove for $1.5 million.

4. Brownstone Lands First Tenant In Radiological and Vascular Center -

7695 Poplar Pike
Germantown, TN 38138
Sale Amount: $1.6 Million

Sale Date: May 28, 2010
Buyer: MRPC Building LLC
Seller: Salvaggio Group LLC
Loan Amount: $1.2 million
Loan Date: May 28, 2010
Maturity Date: Aug. 21, 2011
Lender: MedArm Inc.

5. Browder Bets on Market Recovery -

Reading the recovery of the commercial real estate market in the last year has been like picking a horse at the races with largely unknown odds, but Mack Browder is putting his money on an old favorite to pull through in the end.

6. Hacks Cross Z-Market Sells for $1 Million -

A few months after signing a lease to open a Z-Market convenience store at 4215 Hacks Cross Road in unincorporated Southeast Shelby County, the tenants have bought the property for $1 million.

Ziad S. Ozrail and Mohd Hassan bought the former Advance Auto Parts store May 24 from The Phillips Group Inc.

7. CRE Market Sweats Tight Times -

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.

8. Commercial Real Estate Hits Doldrums -

When it comes to trends, commercial real estate usually lags residential real estate, sometimes by as much as a year. So with the housing market showing its first signs of improvement during the last month or so, the commercial sector needs to prepare itself for a long, bumpy road to recovery.

9. Weathering the Storm -

The commercial real estate story in DeSoto County is much broader than a single retail property, but the myriad departures and arrivals at the open-air Southaven Towne Center perhaps sum up the county’s market better than anything else.

10. Commercial Real Estate Slump Continues -

The start of spring brought the first sign of hope in the commercial real estate market.

But while March sales showed a decent gain over the previous month, the numbers were significantly down compared to the same month a year ago.

11. Realtor Launches Reappraisal Site to Help Commercial Clients -

Last month, Eric Fuhrman of Crye-Leike Commercial experienced his own version of March Madness. During the first week of the month, Fuhrman’s commercial real estate clients began calling him about their property reappraisals, which were arriving in the mail.

12. Archived Article: Standout (beck) - By SUZANNE THOMPSON Selling Downtown By SUZANNE THOMPSON The Daily News Many people who spend time Downtown may be familiar with the name Tucker Beck. Thats because his name, along with partner Sam Bond, is prominently displayed on Crye-Leike Commer...

13. Archived Article: Real Briefs - Tashal LLC has purchased 2 Tashal LLC has purchased 2.2 acres at Southwind on T&B Boulevard to build at 20,000-square-foot office building. The office building is 80 percent pre-leased, said managing partner Jon Albright. Construction is expecte...

14. Archived Article: Real Briefs - 01/23 Real briefs Charlene Brown has been named the franchise marketing director for Re/Max real estate in western and central Tennessee. Re/Max plans to sell and open 25 new franchises in western and central Tennessee and an additional 25 franchise...