Editorial Results (free)
1.
Five Below Store Coming to Bartlett Towne Center -
Thursday, September 13, 2018
A store that’s hot in the market for selling “hot,’’ trendy products for $5 or less to teens and tweens is coming to Bartlett.
Five Below has signed a lease for 8,680 square feet in Bartlett Towne Center at the southeast corner of Stage and Bartlett Boulevard, according to the Memphis office of The Shopping Center Group.
2.
Gordon, Never a Hurricane, Killed Child in Mobile Home -
Thursday, September 6, 2018
DAUPHIN ISLAND, Alabama (AP) — Tropical Storm Gordon never became a hurricane but it was deadly all the same, killing a child by blowing a tree onto a mobile home as it made landfall. The storm later weakened into a depression on Wednesday but remained dangerous, dumping rain, spawning tornadoes and kicking up heavy surf in its wake.
3.
As Expected, Study Shows Memphis Lags Behind Peer Cities in Economic Development -
Friday, August 10, 2018
Greater Memphis Chamber leaders say they’re moving aggressively to improve economic development efforts after a new study confirmed what they already suspected: that Memphis and Shelby County are at a serious competitive disadvantage to a number of peer communities.
4.
Germantown Retail Center Sells for $13M, Orion Files Permit for New HQ -
Monday, July 23, 2018
1245 N. Germantown Parkway,
Cordova, TN 38016
Sale Amount: $12.6 million
5.
Faropoint Sells G'town Retail Center for $13M -
Saturday, July 21, 2018
Faropoint Ventures, doing business as Germantown Square Retail LLC, has sold a 142,000-square-foot retail building to Florida investor Nash Fields LLC for $12.6 million.
6.
Faropoint Sells Germantown Retail Center for $13M -
Monday, July 16, 2018
Faropoint Ventures, doing business as Germantown Square Retail LLC, has sold a 142,000-square-foot retail building to Florida investor Nash Fields LLC for $12.6 million.
7.
Bank of Bartlett Eyes An Expanded Footprint to Meet Consumer Demand -
Wednesday, July 11, 2018
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.
8.
Faropoint, Belz Sell of Part of Retail Portfolio -
Monday, May 21, 2018
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.
9.
Faropoint Sells Two Olive Branch Retail Centers -
Saturday, May 19, 2018
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.
10.
Faropoint Sells Two Olive Branch Retail Centers for Almost $10M -
Wednesday, May 16, 2018
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.
11.
Two Large Industrial Portfolios in Southeast Memphis Sold -
Monday, May 7, 2018
4049 Willow Lake Blvd., Memphis, TN 38118 (portfolio)
Sale Amount: $21.8 million
Buyer: Faropoint Ventures
Buyer Rep: Brian Califf, NAI Saig Co.
12.
Faropoint Grows Portfolio By Nearly 1M Square Feet -
Saturday, May 5, 2018
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.
13.
Faropoint Expands Portfolio By Nearly 1M Square Feet -
Wednesday, May 2, 2018
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.
14.
Last Word: Failed Test, Trolley Back Story and Violent Crime Down City and County -
Wednesday, April 18, 2018
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.
15.
Riviana, Ebrofrost Continue Work On $26M Frozen Food Facility -
Monday, March 19, 2018
2360 Prospect St.
Memphis, TN 38106
Permit Amount: $3.1 million
Project Cost: $26.5 million
Application Date: March 2018
Owner: Riviana Foods
16.
Clark Tower, Primacy Parkway Ink New Tenants -
Monday, March 12, 2018
5100 Poplar Ave.
Memphis, TN 38137
Lease Amount: 1,830 square feet
Tenant: Accurate Communications Corp.
17.
Not Your Father’s Office Building -
Saturday, February 24, 2018
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.
18.
Pizza, Donuts and Pinnacle Planned For Midtown -
Monday, February 5, 2018
1350 Concourse Ave., Memphis, TN 38104: Two local restaurateurs are looking to carve out their own slice of the Crosstown Concourse with the opening of Elemento’s Neapolitan Pizza.
19.
Digest -
Monday, January 29, 2018
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.
20.
Cooper-Young Historic District, Shelby Farms Mixed-Use Project Approved by LUCB -
Friday, December 15, 2017
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.
21.
TraVure Developer Unveils East Memphis Project -
Friday, November 3, 2017
With two highly-anticipated developments already in the works, Gill Properties has announced plans for a new mixed-use development East Memphis.
Known as The Grove at White Station, the new office/retail development will be located on South White Station Road just north of Poplar Avenue.
22.
Developer Eyes Former Sports Authority Site -
Saturday, September 2, 2017
A $1.2 million building permit application has been filed for the former Sports Authority located at 5895 Poplar Ave. in East Memphis’ Ridgeway Commons shopping center.
23.
Financial Services Firm Inks Deal At Clark Tower -
Wednesday, August 30, 2017
According to multiple sources close to the deal, the Memphis arm of MassMutual will merge with a Nashville-based financial group and move its combined operations into the 23rd floor of the Clark Tower.
24.
New Tenant to Take 23rd Floor of Clark Tower -
Tuesday, August 29, 2017
According to multiple sources close to the deal, the Memphis arm of MassMutual will merge with a Nashville-based financial group and move its combined operations into the 23rd floor of the Clark Tower.
25.
Developer Pulls Permit for Former Sports Authority Site -
Monday, August 28, 2017
A $1.2 million building permit application has been filed for the former Sports Authority located at 5895 Poplar Ave. in East Memphis’ Ridgeway Commons shopping center.
26.
Orion Federal Credit Union Looks to Move HQ to Edge District -
Thursday, August 17, 2017
Orion Federal Credit Union is in talks to move its corporate headquarters to the former Wonder Bread bakery building.
That’s according to Orion CEO Daniel Weickenand, who said Thursday, Aug. 17, the credit union saw an opportunity to relocate its headquarters from 7845 U.S. 64 in the Wolfchase area “to transition a visibly neglected neighborhood in Memphis.”
27.
First Alliance Bank Inks 10-Year Lease to Move to Clark Tower -
Thursday, August 3, 2017
Memphis-based First Alliance Bank has signed a 10-year lease to relocate its Poplar Avenue branch into the recently remodeled Clark Tower office building.
5100 Poplar Ave.
Memphis, TN 38137
28.
First Alliance Bank Moving to Clark Tower -
Tuesday, August 1, 2017
Memphis-based First Alliance Bank has signed a 10-year lease to relocate its Poplar Avenue branch into a new facility inside the recently remodeled Clark Tower office building.
The new 3,920 office will be located adjacent to Clark Tower’s lobby, and will offer full banking services and a drive-through facility.
29.
Atlanta Retail Investor Makes $29M Purchase -
Thursday, July 20, 2017
In this week’s Real Estate Recap, an 18-acre shopping center in the heart of Bartlett sells for $28.8 million, Ulta Beauty prepares to build out its space in Poplar Commons, and Dave & Buster’s continues work on its first Memphis location...
30.
Bartlett Shopping Center Sells for Nearly $30M -
Wednesday, July 19, 2017
An Atlanta-based real estate investment firm has made its first purchase in the Memphis market with the acquisition of a 198,103-square-foot shopping center in the heart of Bartlett.
The Bartlett Towne Centre, located at 6005 Stage Road, was acquired by Branch Properties LLC from Houston-based real estate investment trust Weingarten Realty for $28.8 million.
31.
Bartlett Shopping Center Sells for Nearly $30M -
Tuesday, July 18, 2017
A 198,103-square-foot shopping center in the heart of Bartlett has sold for $28.8 million.
In the deal, The Bartlett Towne Centre, located at 6005 Stage Road, was acquired by Atlanta-based private real estate investment firm Branch Properties LLC from Houston, Texas-based real estate investment trust, Weingarten Realty.
32.
Last Word: The List Lawsuit, Charlie Morris on 1939 and New Rules for Democrats -
Thursday, July 6, 2017
This looks like the end of Grit ‘n’ Grind as we wait for the other shoe to drop following Zach Randolph’s exit from the Grizzlies to Sacramento. There were a lot of rumors Wednesday, the day after Randolph’s $24 million free agency deal, including some about Marc Gasol and the Celtics. And then Tony Allen dropped a Grizz reference from his Twitter account causing even more speculation.
33.
Former MAA veteran wants to use expertise to build a better city -
Tuesday, June 20, 2017
After wrapping up a successful career spanning three decades with an empty nest on the horizon, most people are ready to ride off into the sunset and enjoy a relaxing retirement, but James Maclin was never like most people.
34.
Racist Phone Tirade Prompts Reactions, Denials -
Saturday, April 15, 2017
A recorded racist telephone tirade purportedly by a former membership programs and services director of the Greater Memphis Chamber and her husband directed at the staff of a restaurant in Turks & Caicos went viral Friday, April 14, a week ahead of the chamber’s announcement of a new minority business effort.
35.
Racist Phone Tirade Prompts Reactions, Denials -
Saturday, April 15, 2017
A recorded racist telephone tirade purportedly by a former membership programs and services director of the Greater Memphis Chamber and her husband directed at the staff of a restaurant in Turks & Caicos went viral Friday, April 14, a week ahead of the chamber’s announcement of a new minority business effort.
36.
Racist Phone Tirade Prompts Reactions, Denials -
Saturday, April 15, 2017
A recorded racist telephone tirade purportedly by a former membership programs and services director of the Greater Memphis Chamber and her husband directed at the staff of a restaurant in Turks & Caicos went viral Friday, April 14, a week ahead of the chamber’s announcement of a new minority business effort.
37.
Racist Phone Tirade Prompts Reactions, Denials -
Saturday, April 15, 2017
A recorded racist telephone tirade purportedly by a former membership programs and services director of the Greater Memphis Chamber and her husband directed at the staff of a restaurant in Turks & Caicos went viral Friday, April 14, a week ahead of the chamber’s announcement of a new minority business effort.
38.
Shops of Wolflake Near Wolfchase Sells for $4.8M -
Thursday, April 13, 2017
2965 N. Germantown Parkway
Bartlett, TN 38133
Sale Amount: $5 million
Sale Date: March 31
Buyer: WFL Retail LLC
39.
Earth Day Every Day: April Brings 30 Days of Memphis Clean-Up Efforts -
Tuesday, April 4, 2017
On one hand, the Greater Memphis Chamber’s Memphis Clean by 2019 moon mission seems daunting. The goal is to restore the city’s status as the cleanest city in the U.S. by 2019, when Memphis celebrates its bicentennial.
40.
$12 Million Permit Filed For Hickman Building -
Thursday, March 2, 2017
240 Madison Ave.
Memphis, TN 38103
Permit Amount: $12 million
Project Cost: $16 million
Application Date: February 2016
41.
Criswell Take Reins As MAAR Board President -
Wednesday, February 15, 2017
Tommie Criswell has begun her yearlong tenure as president of the Memphis Area Association of Realtors’ board of directors. Criswell has actively volunteered with MAAR for more than 20 years. At Crye-Leike East Memphis, where she serves as broker/manager, she focuses on residential real estate along with some commercial real estate sales.
42.
Large Deals, Office Construction Among Memphis' Commercial Real Estate Trends -
Wednesday, December 28, 2016
Coming off of a strong year in 2015, the commercial real estate market in the Memphis metropolitan area continued to do well in 2016.
Larry Jensen, president and CEO of Cushman & Wakefield/Commercial Advisors, said his company was tracking approximately 6 million square feet of net absorption in the industrial market headed into the last week of 2016, as compared to 8.4 million in 2015.
43.
Evolving PILOT Programs in Memphis Look to Restore Competitive Balance -
Saturday, December 10, 2016
When the Memphis-Shelby County Economic Development Growth Engine approved its Fast Track payment-in-lieu-of-taxes (PILOT) program earlier this year, it was with the hopes of bringing back a competitive balance between Memphis and North Mississippi.
44.
Outsourcing: Savings, But No Specifics -
Thursday, December 8, 2016
The Haslam administration is forging ahead with plans to nab a statewide facilities services contractor after an outside analysis backed up a study showing estimated cost savings of more than $35 million a year at Tennessee universities.
45.
Kirk-Ivy Named 2016 Mississippi Commercial Realtor -
Wednesday, November 30, 2016
Bambi K. Kirk-Ivy, a commercial Realtor and marketing director at Olive Branch-based Utley Properties, recently was recognized as the 2016 Mississippi Commercial Realtor of the Year at the annual Mississippi Realtors Convention and Expo.
As a landlord representative for all of Utley’s properties, most of Kirk-Ivy’s work has been in retail; however, she says the company is now focusing on light industrial-type flex spaces consisting of office, showroom and warehouse uses.
In 2017, she also will serve as the northern district director on the Mississippi Commercial Association of Realtors board of directors.
46.
Morris Auction Group Adds New Services in Destin, Fla. -
Saturday, November 26, 2016
Six months after Memphis-based Morris Auction Group expanded into Destin, Florida, the company is expanding the scope of its services there.
Morris’ Destin branch, Luxury Estates Auction Co., has added a new arm focused on traditional real estate services. Called Luxury Estates Realty Group, the arm will focus on showcasing and selling high net worth properties in the Destin/30A area and the Northwest Florida region.
47.
Morris Auction Group Adds New Services in Destin, Fla. -
Thursday, November 24, 2016
Six months after Memphis-based Morris Auction Group expanded into Destin, Florida, the company is expanding the scope of its services there.
Morris’ Destin branch, Luxury Estates Auction Co., has added a new arm focused on traditional real estate services. Called Luxury Estates Realty Group, the arm will focus on showcasing and selling high net worth properties in the Destin/30A area and the Northwest Florida region.
48.
Gill Seeks $25 Million Permit For New MAA Headquarters -
Thursday, November 24, 2016
6815 U.S. 72
Germantown, TN 38138
Permit Amount: $25 million
Future Tenant: MAA
49.
Lennox Cos. Raising Its Profile -
Tuesday, November 22, 2016
When Lennox Cos. was founded in 2014, the upstart apartment management company owned only three properties with 800 units, but a mere 2 ½ years later it manages 18 properties with more than 3,700 units.
50.
St. Jude Planning Renovation Of Tri Delta Place -
Thursday, November 17, 2016
350 N. Third St.
Memphis, TN 38105
Permit Amount: $3.5 million
Application Date: November 2016
51.
Auto Safety Supplier Autoliv Moves Into Memphis -
Monday, November 14, 2016
Autoliv, the world’s largest auto safety supplier, has signed a lease to move into a 157,366-square-foot distribution facility in Olive Branch, Mississippi.
Hillwood Investment Properties announced the lease Monday, Nov. 14.
52.
Industrial Real Estate Competition Heats Up Between DeSoto, Marshall -
Saturday, October 29, 2016
A North Mississippi industrial park more than 10 years in the making is reaching the finish line. By next May, Hillwood Investment Co. will wrap construction on a 947,000-square-foot warehouse on the final parcel in the DeSoto Trade Center.
53.
Last Word: Beale Street Blues, Feds Review MPD and Midtown Kroger -
Wednesday, October 26, 2016
It’s the Grizz season opener against the Minnesota Timberwolves at FedExForum Wednesday. But there was plenty of drama in the Grizzlies office Tuesday afternoon of the non-Grizz variety but nevertheless a shade of Beale Street blue.
54.
Southeast Memphis Portfolio Sells for $23.6 Million -
Thursday, October 13, 2016
Multiple Properties
Memphis, TN 38118
Sale Amount: $23.6 million
Sale Date: Sept. 27, 2016
55.
Memphis Drawing More Out-of-Town Retailers -
Wednesday, September 14, 2016
Second- and third-tier retail markets are seeing a resurgence nationally, and Memphis’ own economic recovery is garnering attention from out-of-town retailers.
Among the higher-end retailers preparing for their first local store are Ikea, which is set to open in the next few months, and Trader Joe’s and Nordstrom Rack, both of which are in their early stages and are expected to open by the end of 2017.
56.
Williams Hired for Memphis Blight-Fighting Fellowship -
Wednesday, July 6, 2016
The city of Memphis and University of Memphis Cecil C. Humphreys School of Law recently hired Brittany J. Williams as the city’s first Neighborhood Preservation Fellow. In that role, Williams will represent the city in Environmental Court lawsuits against property owners who have vacant, abandoned or dilapidated properties that violate city codes.
57.
Chamber Names Simmons Director of Public Policy -
Wednesday, June 29, 2016
Haley Simmons has joined the Greater Memphis Chamber as the director of public policy, a new position in the chamber’s community development department. In this role, Simmons will be focused on enhancing the chamber’s advocacy efforts to inform and engage its members on important policy issues, and he’ll also be responsible for growing the chamber’s role in education initiatives.
58.
Nordstrom Rack-Anchored Center Gets $15.5M Construction -
Thursday, June 2, 2016
4572 Poplar Ave.
Memphis, TN 38117
Permit Amount: $10.5 million
Project Cost: $15.5 million
Completion: Fall 2017
59.
Memphis MSA Industrial Sector Has A Strong First Quarter After Record 2015 -
Saturday, May 7, 2016
The Memphis MSA industrial sector had a strong first quarter after a record-breaking year in 2015.
Last year saw a record absorption rate of 8.4 million square feet, which is 2 million square feet higher than 2006’s pre-recession levels.
60.
Moving Dirt -
Saturday, April 9, 2016
The Memphis development community is looking inward and upward to increase density in the urban core. New construction is happening across all four commercial real estate sectors, with long-anticipated projects like Trader Joe’s and the redevelopment of Central Station finally coming to fruition. Construction and operating costs continue to be a challenge as new projects hit the top of their class to command higher rents.
61.
Community Mortgage Corp. Opens New Oxford Branch -
Saturday, March 19, 2016
Community Mortgage Corp. has opened a new branch location in Oxford, Miss.
The new branch is located just off the Oxford downtown square, at 400 S. Lamar Blvd.
62.
Community Mortgage Corp. Opens New Oxford Branch -
Thursday, March 17, 2016
Community Mortgage Corp. has opened a new branch location in Oxford, Miss.
The new branch is located just off the Oxford downtown square, at 400 S. Lamar Blvd.
63.
Numbers Show Memphis’ Commercial Real Estate Market Stable in 2015 -
Saturday, February 27, 2016
Across all sectors, the Memphis market was stable in 2015.
That’s according to the latest data from Integra Realty Resources, a national appraisal and advisory firm. At its annual Viewpoint local market presentation Wednesday, Feb. 24, local Integra leaders spoke on the industrial sector’s banner year, multifamily’s expansion cycle, what’s next for an office market without any remaining Class A space, and growth in the retail sector.
64.
Work Begins On Brewery Development -
Thursday, February 25, 2016
502 Tennessee St.
Memphis, TN 38103
Permit Amount: $4.5 million
Application Date: Feb. 18, 2016
Tenant: Brewery Master Tenant LLC
Architect: LRK Architects
Contractor: Montgomery Martin Contractors
65.
New Numbers: Memphis Industrial Market Breaks Records -
Friday, February 12, 2016
The Memphis industrial sector had a banner year in 2015. According to year-end data from Cushman & Wakefield/Commercial Advisors, last year’s absorption level came in at 8.4 million square feet, 2 million square feet higher than 2006’s pre-recession levels and a record for the market.
66.
Mall of Memphis Property Bought by Trucking Company -
Tuesday, January 5, 2016
113-Acre Former
Mall of Memphis Site
Sale Amount: $3.9 million
Sale Date: Dec. 29, 2015
Buyer: TAG Real Estate Holdings LLC
Seller: Memphis Industrial Properties LLC (Johnson Development Associates Inc.)
Loan Amount: $23 million
Loan Date: Dec. 29, 2015
Lender: Mercedes-Benz Financial Services USA LLC
Details: The 113-acre former Mall of Memphis property has a new owner. TAG Real Estate Holdings, an affiliate of Memphis-based TAG Truck Enterprises LLC, paid $3.9 million, or $34,513 an acre, to buy the property from Johnson Development Associates Inc., acting as Memphis Industrial Properties LLC.
67.
iBank Tower Sells for $19.2 Million -
Thursday, December 31, 2015
The iBank Tower, located at 5050 Poplar Ave., has sold for $19.2 million, and for the first time, the same owner controls both the iBank Tower and the nearby Clark Tower at 5100 Poplar Ave.
68.
Whitehaven View Apartments Sell for $2.7 Million -
Tuesday, December 22, 2015
1594 E. Holmes Road
Memphis, TN 38116
Sale Amount: $2.7 million
Sale Date: Dec. 14, 2015
69.
Council OKs Raleigh Springs Mall Conversion, Again -
Saturday, November 21, 2015
The Memphis City Council on Tuesday, Nov. 17, approved – for the second time in a year and a half – the plan to turn the Raleigh Springs Mall into a “town center” with a city library branch, new police precinct and the Memphis Police Department’s traffic precinct.
70.
Council OKs Raleigh Springs Mall Conversion, Again -
Thursday, November 19, 2015
The Memphis City Council on Tuesday, Nov. 17, approved – for the second time in a year and a half – the plan to turn the Raleigh Springs Mall into a “town center” with a city library branch, new police precinct and the Memphis Police Department’s traffic precinct.
71.
Council Delays Central Station and Graceland West Votes -
Wednesday, November 18, 2015
Memphis City Council members delayed approval Tuesday, Nov. 17, of the lease agreement and financing of the Central Station redevelopment project for two weeks. And it also delayed a vote on the Graceland West renovation and expansion.
72.
Boyle Buys Vining Sparks HQ For $16.3M -
Tuesday, October 20, 2015
776 Ridge Lake Boulevard
Memphis, TN 38120
Sale Amount: $16.3 million
Sale Date: Oct. 15
73.
'En Fuego' -
Saturday, August 1, 2015
When Southaven Mayor Darren Musselwhite took office in June 2013, one of the first tasks that landed on his desk was a long-planned regional outlet mall.
The outlet mall, planned for a roughly 33-acre site at Church Road and Interstate 55 in the DeSoto County city, had been on the drawing board for some time, but the recession and its aftermath caused developers and Mississippi officials to put it on hold.
74.
Michigan Investor Pays $7.5 Million for Hickory Hill Apartments -
Tuesday, June 23, 2015
5995 Waterstone Oak Way
Memphis, TN
Sale Amount: $7.5 million
Sale Date: June 11, 2015
Buyer: RoCo-Lakes LLC
Seller: RRE Waterstone Holdings LLC
Loan Amount: $6.2 million
Loan Date: June 11, 2015
Maturity Date: June 11, 2017
Lender: Keybank NA
Details: RoCo-Lakes LLC, a Michigan limited liability company, purchased two parcels comprising The Lakes at Ridgeway Apartments on June 11.
75.
Hickory Hill Retirement Home Sells for $1.2 Million -
Thursday, June 18, 2015
FLH Assisted Living Residences LP, a Tennessee limited partnership based in Collierville, purchased the Franklin Park retirement home located at 3393 Kirby Road in Hickory Hill on June 11 for $1.2 million.
76.
Hillwood Pays $17.7 Million for FedEx SupplyChain Facility -
Tuesday, June 16, 2015
5050 E. Holmes Road and 0 Lamar Ave.
Memphis, TN 38118
Sale Amount: $17.7 million
77.
Del-Nat Sells Warehouse, Newby’s Makes A Comeback -
Friday, June 12, 2015
Del-Nat Tire Co. has unloaded a 500,000-square-foot warehouse in Southwest Memphis.
Sunhill Holdings LLC acquired the warehouse at 2365 Texas Drive for $6 million from Del-Nat Realty.
78.
Shelby County Commercial Sales Revenue Surges in First Quarter -
Friday, May 1, 2015
The number of commercial sales in Shelby County dipped in the first quarter when compared to last year but the average sale amount and total sales revenue surged ahead of 2014 levels, according to real estate information company Chandler Reports.
79.
Wal-Mart Moves Forward With New Supercenter -
Tuesday, April 21, 2015
6790 Raleigh Lagrange Road
Memphis, TN 38134
Permit Amount: $600,000
Permit Application Date: April 2015
Owner: Wal-Mart Stores Inc.
Tenant: Wal-Mart Stores Inc.
Architect: Carlos Perez
Details: Wal-Mart Stores Inc. is moving forward with plans for a new supercenter near Interstate 40 and Whitten Road.
80.
Investors Buy Germantown Parkway Property -
Tuesday, April 14, 2015
A pair of Olive Branch, Miss., investors have acquired an outparcel on Germantown Parkway for $950,000.
Infinite Wealth Properties USA LLC, operating in care of Hieu Hong Pham and Dinh Quang Le of Olive Branch, acquired the property at 1650 N. Germantown Parkway from JPMorgan Chase Bank NA, according to a March 30 warranty deed.
81.
Orion Acquires Medical Center Property for New Branch -
Tuesday, March 31, 2015
821 Poplar Ave.
Memphis, TN 38105
Sale Amount: $1.3 million
Sale Date: March 20, 2015
Buyer: Orion Federal Credit Union
Seller: Georgia Commercial Stores Inc.
Details: Orion Federal Credit Union has acquired a key piece of Memphis Medical Center real estate for a new branch.
82.
Wave of New Retail Construction Boosts Contractors -
Saturday, March 7, 2015
Retail development in the Memphis area is booming in what construction and retail officials describe as the most active period for retail construction since the recession, with everything from a massive outlet mall in Southaven to grocery stores and smaller, traditional retail centers going up.
83.
MRG Enjoys Flurry of Leasing Activity -
Friday, March 6, 2015
Memphis-based Makowsky Ringel Greenberg LLC is reporting leasing activity at its retail, office and industrial properties.
84.
Commercial Advisors Asset Services Sees Strong Growth -
Saturday, February 28, 2015
Kemp Conrad joined the asset services team at Cushman & Wakefield/Commercial Advisors in 2007 after CB Richard Ellis acquired his former employer, Trammel Crow Co.
85.
Bank of Bartlett Buys Germantown Property -
Tuesday, January 13, 2015
1870 Kirby Parkway
Germantown, TN 38138
Sale Amount: $4.1 million
Sale Date: Dec. 29, 2014
Buyer: Bank of Bartlett
Seller: Spence Ray
Details: Bank of Bartlett has bought back a site on Kirby Parkway in Germantown for $4.1 million.
86.
26 Industrial Properties Facing Foreclosure -
Saturday, December 13, 2014
The company that purchased Farnsworth Investment Co.’s industrial portfolio in 2005 has defaulted on a $69 million loan, and now 26 of its properties are facing foreclosure, according to a first-run foreclosure notice in the Friday, Dec. 12, edition of The Daily News.
87.
26 Industrial Properties Facing Foreclosure -
Friday, December 12, 2014
The company that purchased Farnsworth Investment Co.’s industrial portfolio in 2005 has defaulted on a $69 million loan, and now 26 of its properties are facing foreclosure, according to a first-run foreclosure notice in the Friday, Dec. 12, edition of The Daily News.
88.
FedEx Supply Chain Expansion Wins Tax Freeze -
Thursday, November 27, 2014
FedEx Supply Chain Services appears poised to move ahead with an expansion in Memphis.
The third-party logistics arm of FedEx, recently won a five-year tax freeze for a $6.8 million expansion to its 454,713-square-foot warehouse at 5050 E. Holmes Road.
89.
Olive Branch Business Park Closer to Development -
Friday, October 3, 2014
A Texas-based development firm could start turning dirt soon on a massive new business park in Olive Branch.
Hillwood Investment Properties is expected to close on a land purchase next week that will clear the way for Legacy Park, a 265-acre distribution and business park on the south side of Goodman Road, just east of Hacks Cross Road near Polk Lane.
90.
Williams-Sonoma Growth Highlights DeSoto Push -
Wednesday, October 1, 2014
In 1999, Williams-Sonoma Inc. opened its first DeSoto County distribution center on Polk Lane in Olive Branch.
91.
Real Estate Experts Look at Impact of North Mississippi -
Tuesday, September 30, 2014
Six years after the real estate bubble burst nationally, the recovery of the commercial and residential sectors in Memphis is slower than in other parts of the country. But they are recovering on their own new terms, say the incoming president of the Memphis Area Association of Realtors, the president of the West Tennessee Home Builders Association and a mortgage lender.
92.
Memphis Banks Expanding Without Actually Moving -
Saturday, September 13, 2014
In banking, growth and expansion don’t have to mean scouting other cities and markets for ideal spots on which to set up new brick-and-mortar locations.
Such locations, in fact, are particularly costly propositions at a time when customers are visiting the drive-thrus and bank tellers at such locations increasingly less as mobile options proliferate. But just because a bank’s physical location doesn’t expand outside of its core market, it doesn’t mean the bank’s deal flow is confined to the same area.
93.
Pain Treatment Center to Open Second Locale -
Friday, September 12, 2014
Comprehensive Pain Specialists, a national player in the field of medical pain treatment centers from Nashville, has signed a lease for 4,713 square feet in Healthcare Realty Trust’s building at 8000 Wolf River Blvd.
94.
Indmar Marine Engines Files Expansion Permit -
Monday, September 1, 2014
5400 Old Millington Road
Unincorporated Shelby County
Permit Cost: $2 million
95.
Source: Horizon Under Contract To Be Purchased -
Thursday, August 21, 2014
The Horizon, an uncompleted 16-story residential tower overlooking the Mississippi River on the southern end of Downtown, could change hands soon.
A yet-to-be-identified buyer is under contract to purchase the tower, according to sources familiar with the effort.
96.
Renovation, Expansion Underway at Saddle Creek -
Friday, June 13, 2014
The Shops at Saddle Creek has picked up a new tenant as the lifestyle center undergoes a renovation.
Marmi Shoes has leased 1,395 square feet between Vera Bradley and Madewell at Saddle Creek. St. Louis-based Marmi Shoes offers a wide variety of women’s shoe styles and sizes with a European influence. The Saddle Creek location, the first in the Memphis area and the second in Tennessee, is expected to open in the fall.
97.
Shelby Farms Files $25 Million Permit for Lake Expansion -
Monday, May 26, 2014
500 Pine Lake
Memphis, TN 38134
Permit Cost: $25 million
Project Cost: $52 million
Permit Date: Applied May 2014
Completion: June 2016
Owner: Shelby Farms Park Conservancy
Tenant: Shelby Farms Park Conservancy
Architect: james corner field operations
Contractor: Montgomery Martin Contractors LLC
Details: The Shelby Farms Park Conservancy has filed a $25 million permit with the city-county Office of Construction Code Enforcement to expand Patriot Lake.
98.
Houston Levee Parcel Sells for $1 Million -
Tuesday, April 22, 2014
A vacant 1.4-acre parcel at Houston Levee Road and Poplar Avenue in Collierville has traded hands for $932,700.
PHD @ Houston Levee LLC bought the land in a November 6 special warranty deed from Interface Houston Levee LLC. Though the sale closed in November, the Shelby County Register of Deeds didn’t process the paperwork until last week.
99.
New Perspective -
Thursday, April 10, 2014
When the U.S. Postal Service closed its branch office at 826 Mississippi Blvd. near E.H. Crump Boulevard in 2012, workers carted off an oil painting that hung there for several decades with little thought about the man portrayed in the painting.
100.
Hillview Village Apartments Sell for $5.9 Million -
Tuesday, April 8, 2014
2051 E. Alcy Road
Memphis, TN 38114
Sale Amount: $5.9 million
Sale Date: March 27, 2014
Buyer: 2013 Hillview LP
Seller: Alcy Partners LP
Details: The 265-unit Hillview Village Apartments at 2051 E. Alcy Road in the Defense Depot neighborhood have sold for $5.9 million.