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Editorial Results (free)
1.
CA Sells Land, CBRE Inks New Office Deal -
Monday, April 23, 2018
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.
2.
Dixon Files Permit For New Addition -
Saturday, April 21, 2018
The Dixon Gallery and Gardens has filed a $2.1 million building permit application with the Office of Construction Code Enforcement to construct a new addition to the historic property.
Grinder, Taber & Grinder is listed as the project’s contractor.
3.
Dixon Prepares to Break Ground on New Education Building -
Monday, April 16, 2018
Dixon Gallery and Gardens will break ground on construction of a new education building later this spring.
The 6,000-square-foot building is being built with a $2.5 million gift from Liz and Tommy Farnsworth. It is one of the largest contributions in the history of the fine art museum and public garden at 4339 Park Ave.
4.
Defense Depot Property Sells for $1.1 Million -
Tuesday, October 4, 2011
2085 W.E. Freeman Drive
Memphis, TN 38114
Sale Amount: $1.1 million
Sale Date: Sept. 14, 2011
Buyer: Varma Family LP
5.
14-Acre Defense Depot Site Sells for $1.1 Million -
Tuesday, September 27, 2011
Varma Family LP has bought a 14.4-acre site with an existing building at 2085 W.E. Freeman Drive in Memphis Defense Depot from The Depot Redevelopment Corp. of Memphis and Shelby County, Tennessee, for $1.1 million.
6.
Memphis Defense Depot Slated for Sale -
Monday, March 14, 2011
Memphis Defense Depot – the 4.2 million-square-foot industrial park and former Army base just north of Memphis International Airport – is back on the market.
Once sold, the property will return to the city and county tax base and deliver anticipated tax revenue of approximately $1 million annually, making it one of the more successful national Army base closures.
7.
Memphis Defense Depot Slated for Sale -
Friday, March 11, 2011
Memphis Defense Depot – the 4.2 million-square-foot industrial park and former Army base just north of Memphis International Airport – is back on the market.
Once sold, the property will return to the city and county tax base and deliver anticipated tax revenue of approximately $1 million annually, making it one of the more successful national Army base closures.
8.
Net Magan, Others Sued for Breach of Contract -
Thursday, August 9, 2007
The parties involved in a $78 million real estate portfolio sale from 2005 now are going to court over what one group calls a breach of contract.
Distriplex Investors LLC has filed a $3.5 million breach of contract complaint in Shelby County Chancery Court against Net Magan Land GP One LLC, Net Magan Land Mezz LLC and Joseph Mizrachi, according to The Daily News Online, www.memphisdailynews.com.
9.
PharMEDium Expected to Create Up to 250 Jobs In First Five Years -
Friday, July 13, 2007
Illinois-based pharmacy compounding company PharMEDium Healthcare Corp. has closed on nine acres of property in the Distriplex Farms industrial park south of Holmes Road and is moving ahead with plans to create a compounding facility in Memphis.
10.
PharMEDium Buys LandFor Memphis Facility -
Wednesday, June 20, 2007
PharMEDium Healthcare Corp. is moving ahead with plans to create a Memphis compounding facility with the purchase of nine acres in Distriplex Farms industrial park. The company bought the land from Net Magan Land Owner O11.
Distriplex Property Part of Farnsworth Sale -
Tuesday, September 13, 2005
5400 Distriplex Farms Drive
Memphis, TN 38141
Cost: $10.2 million
Buyer: Net Magan Property Owner One LP
12.
Farnsworth Investment Founder Looks to Future -
Tuesday, September 6, 2005
Farnsworth Investment Co.'s recent sale of its entire 28-building industrial portfolio signals a new beginning for the longstanding Memphis industrial real estate company.
The sale included just under 2 million square feet of industrial space and 169 acres of undeveloped land. But the company is not all that will experience change as a result of the deal. Company founder Tommy Farnsworth Jr. is scaling back his involvement in the industry after a 40-year real estate career.
13.
Archived Article: Lead -
Wednesday, January 12, 2005
Businesses Deal with Property Reappraisals Business Owners Brace for Reappraisal
Higher appraisals mean higher taxes for commercial tenants
LANCE ALLAN
The Daily News
Among the estimated 300,000 parcels of property examined for the up...
14.
Archived Article: Lead -
Friday, November 19, 2004
Industrial Market Update Industrial Market Sees Signs of Strength
Local property sales rise, leasing remains strong
LANCE ALLAN
The Daily News
Opinions have varied during this election year of whether or not the economy is on an upswi...
15.
Archived Article: Standout -
Friday, September 24, 2004
Tommy Farnsworth standout Farnsworth Balances Service on Several Fronts
LANCE ALLAN
The Daily News
When the phone call came, Tommy Farnsworth III did the only thing that seemed natural he took it.
On the line was Kirk Bailey, presiden...
16.
Archived Article: Newsmakers -
Wednesday, September 15, 2004
Beverly Bond was appointed vice president of Rhodes Colleges newly formed division of external programs Crye-Leike Hires New Corporate Counsel
Sabrena Clinton was named corporate counsel for Crye-Leike Realtors. Clinton previously was a civil ...
17.
Archived Article: Real Focus -
Tuesday, March 25, 2003
Industrial real estate market further hampered by war Industrial real estate market further hampered by war
By STACEY WIEDOWER
The Daily News
With companies hesitant to make major operating decisions in a national climate characterized b...
18.
Archived Article: Southwind P.2 -
Tuesday, July 25, 2000
Southwind, Distriplex Southwind, Distriplex properties change hands Laureate Capital Corp., a subsidiary of Resource Bancshares Mortgage Group, Inc., recently arranged permanent financing in the amount of $17.9 million for three Memphis properties t...19.
Archived Article: Scit (lead) -
Tuesday, June 23, 1998
By LAURIE JOHNSON Security Capital starts large-user warehouse By LAURIE JOHNSON The Daily News Security Capital Industrial Trust has started constructing a 500,000-square-foot speculative distribution facility at 5461 Davidson Road in Southeast Mem...20.
Archived Article: Ameriserve -
Monday, May 11, 1998
Ameriserve Food Distribution Dallas food distribution company buys vacant land in Memphis By CAMILLE H. GAMBLE The Daily News Dallas-based AmeriServe Food Distribution Inc. has purchased vacant land in Memphis on Shelby View Drive near Raleigh-LaGra...21.
Archived Article: Warehouse -
Thursday, April 23, 1998
By CAMILLE H Warehouse construction steady in first quarter Most major area developers have projects underway or planned By CAMILLE H. GAMBLE The Daily News Warehouse construction in the first quarter remained steady in Shelby County with seven perm...22.
Archived Article: Resourcenet Chg -
Thursday, October 9, 1997
Construction has started on a 45,600 square foot addition to ResourceNet ResourceNet doubles space at Airport Industrial Park By CAMILLE H. GAMBLE The Daily News Farnsworth Investment Co. has borrowed $2.7 million from Deposit Guaranty National Bank...23.
Archived Article: Farnsworth Chg -
Tuesday, May 21, 1996
By CAMILLE H. GAMBLE Farnsworth breaks ground on 15th building at Distriplex Center FedEx to house city station in 90,000-square-foot warehouse By CAMILLE H. GAMBLE The Daily News Farnsworth Investment Co. recently broke ground on its 15th building ...