Editorial Results (free)
1.
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
2.
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.
3.
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.
4.
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.
5.
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.
6.
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.
7.
Faropoint Converting ‘Diamond In The Rough’ -
Tuesday, May 15, 2018
So far this year Faropoint Ventures has already acquired $37 million in property in the Memphis area and has its sights set on another $38 million by year’s end.
But of all those properties, one in particular stood out to NAI Saig Co.’s Hank Martin and Brian Califf, who are representing Faropoint in the Memphis market.
8.
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.
9.
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.
10.
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.
11.
Possible Trader Joe’s Update, New $35M Airport Facility -
Monday, December 18, 2017
In this week’s Real Estate Recap, a new development in the saga of Germantown’s Trader Joe’s, Memphis International Airport begins work on a new $35 million facility, and Central BBQ announces a new a location...
12.
Faropoint Sells Asset Near FedEx Headquarters -
Saturday, December 16, 2017
A 15,400-square-foot retail center around the corner from FedEx’s World Headquarters has been purchased by a California investor for $2.7 million.
Judith Obermeir of San Luis Obispo bought the center at 3315 Hacks Cross Road from Israeli investment firm Faropoint Ventures, which had purchased it in June 2016 for $2.2 million.
13.
Faropoint Sells Asset Near FedEx Headquarters -
Thursday, December 14, 2017
A 15,400-square-foot retail center around the corner from FedEx’s World Headquarters has been purchased by a California investor for $2.7 million.
Judith Obermeir of San Luis Obispo bought the center at 3315 Hacks Cross Road from Israeli investment firm Faropoint Ventures, which had purchased it in June 2016 for $2.2 million.
14.
Faropoint Buys 2 Properties After Trustmark Centre Sale -
Saturday, November 11, 2017
Fresh off of the sale of Trustmark Centre, Faropoint Ventures has acquired two more substantial office assets.
The Israeli investment firm bought the Lipscomb & Pitts Building, 2670 Union Ave. Extended, and Poplar Towers, 6263 Poplar Ave., for a combined $19.3 million using capital from the Trustmark Centre sale. The purchase also includes the high-end restaurant Fleming’s, 6245 Poplar, and an AT&T store at 6267 Poplar, both outparcels to Poplar Towers.
15.
Iconic E. Memphis Office Building Sells for $19.7M -
Monday, November 6, 2017
Nashville-based Magnolia Capital Investments has purchased the Trustmark Centre located at 5350 Poplar Ave. from Israeli investors, Faropoint Ventures. Faropoint intends to reinvest proceeds from the sale to buy other Memphis properties.
16.
Faropoint Acquires Office Portfolio for $19.3M -
Friday, November 3, 2017
Fresh off of the sale of the Trustmark Centre, Faropoint Ventures has acquired two more substantial office assets.
The Lipscomb Pitts Building, located at 2670 Union Ave. Ext., and Poplar Towers, located at 6263 Poplar Ave., were both purchased by the Israeli investment firm for $19.3 million using the capital they accrued from the aforementioned deal.
17.
Malco Pulls Additional Building Permit for Downtown Theater -
Thursday, July 13, 2017
Malco Theatres’ Downtown movie theater continues to take shape, with the Memphis-based cinema chain seeking its second multimillion-dollar building permit for the project in recent months.
45 E. G.E. Patterson Ave.
Memphis, TN 38103
Permit Amount: $5 million
18.
Malco Pulls Additional Building Permit for Downtown Theater -
Thursday, July 13, 2017
45 E. G.E. Patterson Ave.
Memphis, TN 38103
Permit Amount: $5 million
Project Cost: $55 million
Application Date: July 2017
Owner: Henry Turley Co. and Community Capital
19.
East Memphis Office Building Sells for $7 Million -
Saturday, July 8, 2017
A 79,000-square-foot office building in East Memphis has switched hands in a multimillion-dollar deal.
Gregory Realty GP purchased the Class B building at 855 Ridge Lake Blvd. for $7 million from Israel-based investors Faropoint Ventures, doing business as Ridge Lake TN Realty Holdings LLC.
20.
East Memphis Office Building Sells for $7 Million -
Thursday, July 6, 2017
A 79,000-square-foot office building in East Memphis has switched hands in a multimillion-dollar deal.
Gregory Realty GP purchased the Class B building at 855 Ridge Lake Blvd. for $7 million from Israel-based investors Faropoint Ventures, doing business as Ridge Lake TN Realty Holdings LLC.
21.
Faropoint Acquires Massive Industrial Portfolio for $33.1M -
Thursday, May 18, 2017
Looking to continue its recent trend of bullish activity in the Memphis market, Faropoint Ventures has acquired a 1.1-million-square-foot industrial portfolio for $33.1 million. Details on that and more commercial real estate news in this week's Real Estate Recap...
22.
Faropoint Acquires Massive Industrial Portfolio for $33.1M -
Thursday, May 11, 2017
Looking to continue its recent trend of bullish activity in the Memphis market, Faropoint Ventures has acquired a 1.1 million-square-foot industrial portfolio for $33.1 million.
The seller was Greenfield Partners LLC, a Connecticut-based private equity firm.
23.
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
24.
Shops of Wolflake Sells for $4.8 Million -
Saturday, April 8, 2017
A Germantown Parkway shopping center near Wolfchase Galleria has switched hands for nearly $5 million, according to a warranty deed filed with the Shelby County Register of Deeds March 31.
Called the Shops of Wolflake, the Bartlett shopping center is located between St. Francis Hospital-Bartlett and the Wolfchase mall and is anchored by Eat Well Sushi and Grill.
25.
Shops of Wolflake Near Wolfchase Sold for $4.8M -
Thursday, April 6, 2017
A Germantown Parkway shopping center near Wolfchase Galleria has switched hands for nearly $5 million, according to a warranty deed filed with the Shelby County Register of Deeds March 31.
Called the Shops of Wolflake, the Bartlett shopping center is located between St. Francis Hospital-Bartlett and the Wolfchase mall and is anchored by Eat Well Sushi and Grill.
26.
Midtown Retail Property Sells for $5 Million -
Thursday, December 29, 2016
1625 Poplar Avenue
Memphis, TN 38104
Sale Amount: $5 million
Sale Date: Dec. 21, 2016
27.
Three Industrial Properties Sell for $9.6 Million -
Thursday, September 15, 2016
Malone Distribution Park
Memphis, TN 38118
Sale Amount: $9.6 million
Sale Date: Sept. 8
28.
2 Millington Retail Centers Sell for $4.8 Million -
Tuesday, September 13, 2016
A California investor has purchased two Millington retail strip centers for a combined $4.8 million.
Mitchell Kitay, who lists an address in West Hollywood, Calif., purchased the 26,720-square-foot retail center at 8510 Wilkinsville Road from Millington Realty Holdings LLC, an entity of Israel-based Faropoint Ventures, according to a Sept. 2 warranty deed.
29.
Belz Sells Champion Hills Office Building for $7.8M -
Tuesday, October 13, 2015
3725 Champion Hills Drive
Memphis, TN 38125
Sale Amount: $7.8 million
Sale Date: Oct. 8, 2015
Buyer: Champion Hills Realty Holdings LLC
Seller: Belz Investco GP
Loan Amount: $5.5 million
Loan Date: Oct. 5, 2015
Lender: C-III Commercial Mortgage LLC
Details: Belz Enterprises made another big real estate deal on the tail of its recent announcement to redevelop the corner of McLean Boulevard and Union Avenue into a mixed-use development.
30.
Belz Sells Office Building Near Windyke for $7.8M -
Monday, October 12, 2015
Belz Enterprises made another big real estate deal on the tail of its recent announcement to redevelop the corner of McLean Boulevard and Union Avenue into a mixed-use development.
In an Oct. 8 warranty deed, Belz Investco GP sold the four-story office building at 3725 Champion Hills Drive for $7.8 million to Faropoint Ventures LLC acting as Champion Hills Realty Holdings LLC.
31.
Belz Sells Office Building Near Windyke for $7.8 Million -
Friday, October 9, 2015
Belz Enterprises made another big real estate deal on the tail of its recent announcement to redevelop the corner of McLean Boulevard and Union Avenue into a mixed-use development.
In an Oct. 8 warranty deed, Belz Investco GP sold the four-story office building at 3725 Champion Hills Drive for $7.8 million to Faropoint Ventures LLC acting as Champion Hills Realty Holdings LLC.