The red letters grow fainter as the years pass in North Memphis. The Firestone Tire & Rubber Co. plant’s smokestack, once a symbol of the industrial base that defined North Memphis, has become a different kind of symbol in the 35 years since the tire plant closed.

2. Poplar Corridor TIF Gets First Green Light - Thursday, July 26, 2018

The board of the city-county Economic Development Growth Engine approved a tax increment financing, or TIF, district for the Poplar Avenue business corridor Wednesday, July 25, after a debate about the use of city and county property tax revenue in a corridor with an estimated $1 billion in appraised property.

3. 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

4. Frayser Bauhaus Draws Preview Crowd of 300 - Monday, July 16, 2018

The investor developer of a Bauhaus-style home from the late 1940s in Frayser says the area is the “next frontier” in Memphis real estate.

“I’m super passionate about Frayser. When I came out here and saw the beautiful rolling hills, I’m like, ‘This is the next frontier,’” Dana Gabrion told a group of 300 people outside the house at 3590 Thomas St. at Floyd Avenue Thursday, July 12.

5. Heat Wave - Saturday, July 14, 2018

After what was a banner year in many ways for Memphis commercial real estate in 2017, projections for this year were bullish. But at the halfway point of 2018, have expectations in the area risen with the temperatures or have they begun to dry out under the sweltering summer heat? 

6. New Apartments Coming to Broad, Clark Tower Inks Another Tenant - Monday, April 2, 2018

A multifamily project planned for Broad Avenue could provide the housing element that takes the arts district to the next level.

2542 Broad Ave.
Memphis, TN 38112

7. Lake District, Raleigh Springs Town Center Moving Forward with Transformative Projects - Monday, March 5, 2018

3536 Canada Road
Lakeland, TN 38002

Tenant: The Stock Market

Landlord: Gilad Development

8. Last Word: Higher Ed Pushback, 50 Years Later and Attack Ads in the Race for Gov. - Tuesday, February 13, 2018

The idea that higher education is primarily about getting people into jobs as soon as possible is getting some push back. And it comes several years into an emphasis at the state level on associate degrees and trade certifications. Rhodes College president Marjorie Hass said several times during our talk on “Behind The Headlines” that she isn’t downplaying the importance of trade skills and the education necessary for those skills.

9. Trader Joe’s, H&M, Mempops Announce New Locations - Monday, January 29, 2018

2130 Exeter Road, Germantown, TN 38138: It looks like the Memphis area is finally getting a Trader Joe's. A $750,000 building permit application that lists Trader Joe’s as a tenant has been filed with the Office of Construction Code Enforcement.

10. 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...

11. Shelby Farms Draws $142 Million, 71-Acre Development - Monday, November 13, 2017

Elmington Capital Group has submitted plans for a 71-acre senior housing, apartment and single-family development next to Shelby Farms Park. Dwell at Shelby Farms is a new $142 million development to be located on the north side of Raleigh-LaGrange Road near the intersections of Trinity and Fischer Steel roads.

12. U of M Files $33.5M Permit for Land Bridge - Monday, October 23, 2017

570 Houston St. 

Memphis, TN 38111

Permit Amount: $33.5 million

Owner: University of Memphis

Details: The University of Memphis has filed a $33.5 million building permit application with the Office of Construction Code Enforcement to move forward with a parking garage and a long-awaited land bridge over the Southern Avenue railroad track.

13. DHL Planning New Memphis Distribution Facility - Monday, October 2, 2017

0 Tchulahoma Rd.
Memphis, TN 38118

Tenant: DHL Supply Chain

Landlord: Belz Enterprises

14. Tennessee Taco Opens in Former Los Compadres Space - Monday, September 11, 2017

3295 Poplar Ave.
Memphis, TN 38111

15. Pottery Studio/Coffee House to Open on Highland Strip - Monday, August 28, 2017

549 S. Highland St.
Memphis, TN 38122

Lease Size: 2,788 square feet

16. Memphis Music Initiative To Occupy Old Downtown Firehouse - Thursday, July 27, 2017

198 Dr. Martin Luther King Jr. Ave., Memphis, TN 38103

Tenant: Memphis Music Initiative

17. 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...

18. New York Firm Pays $23M for 3 Germantown Hotels - Thursday, May 4, 2017

7750 Wolf River Blvd., 9314 Poplar Pike and 9320 Poplar Pike, Germantown, TN 38138 | Sale Amount: $23 million

Sale Date: April 28, 2017

19. 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

20. MEI Survey: Strong Memphis Economy Ahead in ’17 - Tuesday, January 24, 2017

The Memphis-area economy across several key sectors – construction, real estate, retail spending, and others – is continuing to improve.

That’s according to the “Beige Book,” the Federal Reserve’s latest survey of economic conditions in the region that includes Memphis , which was released in recent days. It’s a report that each of the regional Fed districts publishes as a survey of their respective territories.

21. Final Goodbye: Roll Call of Some of Those Who Died in 2016 - Monday, January 2, 2017

Death claimed transcendent political figures in 2016, including Cuba's revolutionary leader and Thailand's longtime king, but also took away royals of a different sort: kings of pop music, from Prince and David Bowie to George Michael.

22. 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

23. 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.

24. 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. 

25. 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

26. Enoble Business Capital Offices Sell in Foreclosure - Thursday, September 8, 2016

813 Ridge Lake Blvd.

Memphis, TN 38120

Sale Amount: $9.6 million

Sale Date: Aug. 31, 2016

Buyer: Merchants Capital Real Estate LLC

27. Nonconnah Center Sale Could Boost Market - Friday, September 2, 2016

In what is sure to be one of the top commercial real estate transactions of the year, the majority of the 1.2 million-square-foot Nonconnah Corporate Center has sold. ReMark Trust, an out-of-town investment group, purchased the property for $57 million.

28. More Student Housing For University District - Thursday, May 12, 2016

3557 Mynders Ave. 
Memphis, TN 38111
Permit Amount: $15.5 million

Completion: Fall 2017
Owner: 908 Group
Tenant: The Nine
Architect: BDG Architects
Details: A student housing tower near the University of Memphis has taken a step forward nearly two years after a development on that site was first announced.

29. Collierville Breaks Ground On $93.5M High School - Thursday, May 5, 2016

11605 E. Shelby Drive
Collierville, TN 38017

Project Cost: $93.5 million

Completion: August 2018

30. Collierville Assisted Living Facility Sells for $17 Million - Tuesday, January 12, 2016

601 Wolf River Blvd.
Collierville, TN 38017

Sale Amount: $17 million

Sale Date: Dec. 29, 2015

31. 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.

32. LEDIC’s High-Tech HQ To Be LEED Certified - Wednesday, November 18, 2015

LEDIC’s new East Memphis headquarters will aim for a LEED-certified silver status and bring high-speed fiber optic Internet to the area, according to documents recently submitted to the Memphis-Shelby County Economic Development Growth Engine.

33. Office, Industrial Real Estate Enjoy Strong Third Quarter - Saturday, October 31, 2015

Memphis’ industrial and office sectors are seeing healthy activity, and some areas are experiencing record fundamentals.

At the Crescent Center building in East Memphis, prices per square foot have reached $30.50, a level that hasn’t been seen before in the Memphis market.

34. Camy’s To Relocate In Midtown - Friday, July 24, 2015

Camy’s, the Midtown delivery and carry-out institution, will relocate soon.

Camy Archer, founder and owner of Camy’s, will move the business from 3 S. Barksdale to 2886 Walnut Grove Road, which is near the Union Avenue viaduct and was most recently occupied by the Love Shack.

35. 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

36. Plans Emerge for Universal Life Building - Friday, January 16, 2015

In major Downtown news, the on-again, off-again redevelopment of the Universal Life Insurance Co. building Downtown appears to be on.

37. Fogelman Affiliate Files Loan on Former Cozymel’s Site - Tuesday, December 30, 2014

6450 Poplar Ave.
Memphis, TN 38119
Loan Amount: $6.1 million

Loan Date: Dec. 17, 2014
Maturity Date: Jan. 1, 2023
Borrower: Crown Centre LLC
Lender: Financial Federal Bank
Details: A company affiliated with Robert F. Fogelman II has filed a loan on a key piece of East Memphis land.

38. 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.

39. 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.

40. Former FedEx Headquarters Up for Auction - Tuesday, November 11, 2014

This week you can acquire a sizeable piece of Memphis business history at a deep discount.

The Commerce Center complex on Lamar Avenue – former home to Memphis-based corporate titans Holiday Inn and FedEx – is on the auction block.

41. Real Estate Rally - Saturday, November 1, 2014

Commercial real estate can offer insight into the strength of the local economy. Through the office, retail, industrial and apartment developments that mark the region the economy at work in the real world can be seen.

42. Kyocera Inks ProLogis Park Lease Renewal - Friday, May 23, 2014

ProLogis has landed a major renewal at one of its industrial parks.

Kyocera Document Solutions America Inc., which manufactures and markets network-ready digital copiers and printers, laser printers, color copiers and printers, digital laser facsimiles and multifunctional, wide-format imaging products, has renewed its lease for 300,000 square feet at 5510 Getwell Road in Memphis.

43. Volvo Group’s Byhalia Facility to Employ 250 - Tuesday, May 13, 2014

The Volvo Group will build a massive new distribution center in Byhalia, Miss., that should employ around 250 people.

The 1 million-square-foot distribution center will support the company’s Mack, Volvo and UD truck brands, as well as Volvo Construction Equipment and Volvo Penta. 

44. Eastgate Set for Possible Makeover - Friday, May 2, 2014

A venerable shopping center in East Memphis could be getting a significant makeover, according to a recent retail market report from CB Richard Ellis Memphis.

Eastgate Center LLC, the owner of Eastgate Shopping Center at Park Avenue and White Station Road in East Memphis, could make significant aesthetic improvements to the retail center beginning this year.

45. Dallas Company Buys Macon Road Center - Tuesday, April 15, 2014

6100 Macon Road
Memphis, TN 38134
Sale Amount: $1.2 million

Sale Date: March 26, 2014
Buyer: PNL Cumberland LLC
Seller: Flagstar Bank FSB
Loan Amount: $862,500
Loan Date: April 1, 2014
Maturity Date: N/A
Lender: Pinnacle Bank
Details: An affiliate of Dallas-based The PNL Cos. has paid $1.2 million for the 30,000-square-foot shopping center at 6100 Macon Road in Northeast Memphis.

46. Industrial Portfolio Sells for $43 Million - Tuesday, April 1, 2014

4550 Swinnea Road, 6005 Freeport Ave., 3399 E. Raines Road
Memphis, TN
Sale Amounts: $10.1 million; $14.8 million; $18 million

47. Galvanizing Company Files Permit for Facility - Tuesday, March 11, 2014

3328 Fite Road
Millington, TN 38053
Permit Cost: $1.9 million

Project Cost: N/A
Permit Date: Applied March 2014
Completion: N/A
Owner: 3328 Fite LLC
Tenant: 3328 Fite LLC
Architect: N/A
Contractor: N/A
Details: An affiliate of Columbus, Ohio-based “hot dip galvanizing” company Voigt & Schweitzer LLC plans to construct a 63,120-square-foot facility near Millington.

48. New Life - Saturday, January 18, 2014

When Rob Clark and his wife moved into their home in the historic Evergreen neighborhood in 1993, catalog and distribution operations were still active at the Sears Crosstown building.

That soon changed, and for roughly two decades the hulking property stood as a towering, painful reminder of the area’s faded glory.

49. New Life - Monday, January 20, 2014

When Rob Clark and his wife moved into their home in the historic Evergreen neighborhood in 1993, catalog and distribution operations were still active at the Sears Crosstown building.

That soon changed, and for roughly two decades the hulking property stood as a towering, painful reminder of the area’s faded glory.

50. Cordova Creek Apartments Sell for $12.5 Million - Tuesday, December 24, 2013

1175 N. Germantown Parkway
Memphis, TN 38016
Sale Amount: $12.5 million

51. Olymbec Acquires 13-Building Bellbrook - Friday, November 15, 2013

Olymbec USA LLC has snatched up two more key Memphis properties, including the 1.8 million-square-foot Bellbrook industrial park.

52. Bass Pro Shops Files $40 Million Permit - Tuesday, September 17, 2013

1 A.W. Willis Ave.
Memphis, TN 38103
Permit Cost: $40 million

Project Cost: $150 million

Permit Date: Applied September 2013

Completion: 2014

Owner: City of Memphis

53. Business Leaders Say Tax Incentive Process is Tough - Tuesday, August 6, 2013

It still takes too long to make a deal to move a business to Memphis with tax incentives, but without them, Memphis can’t compete with tax rates in other cities in the Southeast U.S., according to two local business leaders.

54. Raleigh Sam’s Club Sells for $11.4 Million - Tuesday, July 30, 2013

2150 Covington Pike
Memphis, TN 38128
Sale Amount: $11.4 million

Sale Date: June 25, 2013
Buyer: Realty Income Properties 25 LLC
Seller: Dune SC Sub II LLC
Details: The Sam’s Club at 2150 Covington Pike in Raleigh has sold for $11.4 million to a California investor.

55. LeSaint Logistics Leases Space Near Airport - Friday, July 12, 2013

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

56. Freeport, Raines Warehouses Sell for $19.4 Million - Tuesday, March 19, 2013

Industrial properties at 6005 Freeport Avenue and 3399 E. Raines Road have sold for a combined $19.4 million in lieu of foreclosure.

57. Swinnea Warehouse Sold in Lieu of Foreclosure - Tuesday, March 19, 2013

4550 Swinnea Road, Memphis, TN 38118

Sale Amount: $4.2 million
Sale Date: March 7, 2013
Buyer: JPMCC 2007-LDP10 – 4550 SWINNEA RD LLC
Seller: Industrial Memphis International Owner LLC
Details: The Memphis International Distribution Center at 4550 Swinnea Road in Oakhaven has sold for $4.2 million in lieu of foreclosure.

58. Swinnea Warehouse Sold in Lieu of Foreclosure - Friday, March 15, 2013

The Memphis International Distribution Center at 4550 Swinnea Road in Oakhaven has sold for $4.2 million in lieu of foreclosure.

59. Fayette, Marshall Prep for Ambitious Industrial - Monday, December 17, 2012

With Norfolk Southern Corp.’s Memphis Regional Intermodal Terminal now operational in Rossville and a pair of large-scale industrial manufacturing buildings under way in the area, stakeholders say the future is bright for the region.

60. Hickory Hill Warehouse Sells for $15.7 Million - Tuesday, December 11, 2012

6380 Holmes Road Memphis, TN 38141

Sale Amount: $15.7 million

Sale Date: Dec. 5, 2012

61. Slow and Steady - Monday, December 3, 2012

The local office market saw little change in the third quarter, and brokers say the fourth quarter will likely yield similar results.

Memphis’ vacancy rate ended the quarter in the mid-14 percent range, the same levels as 2008, according to Colliers International Memphis’ Q3 office report. Vacancy during that period in 2007 was below 12 percent.

62. I-Bank Grows in Namesake East Memphis Office Tower - Friday, November 30, 2012

Independent Bank has expanded its headquarters at I-Bank Tower to primarily accommodate its Mortgage Lending Division.

63. Bioventus Inks Deal for 40,000 Square Feet - Thursday, November 22, 2012

A Durham, N.C.-based biologics company is relocating its Memphis presence, signifying a boon to the Northeast office submarket.

Bioventus LLC has inked 38,880 square feet of office and manufacturing space in Goodlett Farms Business Campus, 1900 Charles Bryan Road, in Cordova.

64. Gen X Inks State’s First Location on Austin Peay - Friday, November 16, 2012

A trendy Vernon, Calif.-based retailer has inked its first Tennessee location in Austin Peay Plaza.

Gen X Clothing Inc. signed a 35,000-square-foot lease at 3252 Austin Peay Highway. The space was formerly occupied by Big Lots.

65. Corporate Avenue Building Sells for $1.2 Million - Tuesday, November 6, 2012

1721 Corporate Ave. Memphis, TN 38132

Sale Amount: $1.2 million

Sale Date: Oct. 26, 2012

66. Lender Buys MIAC for $14.3 Million - Monday, November 5, 2012

Memphis International Airport Center sold back to the lender for $14.3 million Wednesday, Oct. 31, on the Shelby County Courthouse steps following a foreclosure.

CSMC 2007-C1 Air Center LLC bought the nine-building, 1.1 million-square-foot industrial portfolio from substitute trustee Harris P. Quinn, shareholder with Prochaska Thompson Quinn & Ferraro P.C. The lender was the only bidder at the sale.

67. Lender Buys MIAC for $14.3M - Thursday, November 1, 2012

Memphis International Airport Center sold back to the lender for $14.3 million Wednesday, Oct. 31, on the Shelby County Courthouse steps following a foreclosure.

CSMC 2007-C1 Air Center LLC bought the nine-building, 1.1 million-square-foot industrial portfolio from substitute trustee Harris P. Quinn, shareholder with Prochaska Thompson Quinn & Ferraro P.C. The lender was the only bidder at the sale.

68. Lender Buys MIAC for $14.3M - Friday, November 2, 2012

Memphis International Airport Center sold back to the lender for $14.3 million Wednesday, Oct. 31, on the Shelby County Courthouse steps following a foreclosure.

CSMC 2007-C1 Air Center LLC bought the nine-building, 1.1 million-square-foot industrial portfolio from substitute trustee Harris P. Quinn, shareholder with Prochaska Thompson Quinn & Ferraro P.C. The lender was the only bidder at the sale.

69. Case Management Buys Airport-Area Office Building - Tuesday, October 23, 2012

3171 Directors Row Memphis, TN 38116

Sale Amount: $1.3 million

Sale Date: Sept. 28, 2012

70. Commercial Advisors Capital Markets to Zero In on ‘Untapped Segment’ - Friday, October 12, 2012

Cushman & Wakefield/Commercial Advisors Asset Services LLC has launched a Capital Markets Group, a new service line to complement the firm’s tenant representation and third-party leasing and management businesses.

71. Lease Brings New Breed Footprint to 3 Million Feet - Friday, October 12, 2012

New Breed Inc. is enhancing its Memphis operations with a new distribution warehouse lease in the Southeast industrial submarket.

72. Merchandiser Five Below Signs Lease in Olive Branch - Friday, October 5, 2012

A growing Philadelphia-based value retailer has inked a substantial industrial lease deal in Olive Branch.

Five Below Inc. has leased 605,427 square feet in Hacks Cross Logistics Center Building 1, 9105 Hacks Cross Road.

73. Broadway Pizza Buys Building for East Memphis Expansion - Tuesday, October 2, 2012

627 S. Mendenhall Road Memphis, TN 38117

Sale Amount: $365,000

Sale Date: Sept. 13, 2012

74. Lease Takes Appling Farms to Capacity - Friday, September 28, 2012

A distributorship of Pella Corp. has inked 11,300 square feet in Appling Farms Corporate Park, 6972 Appling Farms Parkway.

75. LeMoyne-Owen to Begin Work on $13.5 Million Residence Hall - Tuesday, September 18, 2012

869 Saxon Ave.
Memphis, TN 38126

Permit Cost: $9 million

Permit Date: Applied September 2012

76. Invacare Inks Lease in SE Memphis - Friday, August 17, 2012

Invacare Continuing Care Inc. has inked a 3,500-square-foot lease at 4187 Senator St. in Southeast Memphis.

77. Dot-Com Moves Distribution To Memphis - Friday, August 10, 2012

Wilsonville, Ore.-based LinenTablecloth.com has entered the Memphis industrial market, leasing 82,500 square feet at 3046 Datsun Drive for its new distribution center.

78. Colliers Trio Nearly Triples Retail Portfolio - Tuesday, July 31, 2012

In the past 12 months, Colliers International Memphis’ retail team of Andrew Phillips, Ed Thomas and Laura Frazier has grown its retail portfolio from about 300,000 square feet to nearly 850,000 square feet.

79. Hillwood Buys Pilot Drive Warehouse - Friday, July 6, 2012

Hillwood Investment Properties has purchased the 605,000-square-foot warehouse at 4221 Pilot Drive in Southeast Memphis for $7.5 million from Addison, Texas-based MM Industrial Memphis LLC.

80. Canadian Company Adds To Memphis Portfolio - Wednesday, July 4, 2012

A Canadian real estate investment group has purchased a 157,000-square-foot industrial warehouse in South Memphis for $1.5 million, marking the firm’s second Memphis acquisition in 18 months.

Montreal-based Olymbec USA LLC bought the Class C facility at 3615 Lamar Ave. from FUCMS 2001-C2 Lamar Industrial LLC, an entity affiliated with Miami-based loan servicer LNR Partners LLC.

81. Canadian Firm Acquires South Memphis Warehouse for $1.5M - Tuesday, July 3, 2012

A Canadian real estate investment group has purchased a 157,000-square-foot industrial warehouse in South Memphis for $1.5 million, marking the firm’s second Memphis acquisition in 18 months.

82. Aren Buys SE Memphis Warehouse For $1.3M - Friday, June 22, 2012

Trane U.S. Inc. has sold its parts distribution center in Southeast Memphis for $1.3 million.

Aren Investments LLC of Memphis acquired the 99,375-square-foot distribution warehouse at 4250 Concord Road. The company, which used a 1450 Massey Road address on the Shelby County Register of Deeds, financed the purchase with an $800,000 loan through BancorpSouth Bank. Igal Elfezouaty signed the trust deed as managing member of Aren.

83. Colliers Duo Has Stellar Start to ’12 - Friday, June 1, 2012

Colliers International’s industrial team of Andy Cates and Preston Thomas has closed on 34 transactions (sales and leases) to date in 2012. Here’s a rundown of some of the team’s most recent industrial transactions:

84. Office Opportunities - Thursday, May 3, 2012

Memphis’ office real estate landscape is changing, and for three firms, those changes are creating opportunities.

Orlando, Fla.-based Parkway Properties Inc. in March completed the sale of its interest in Renaissance Center – a 190,000-square-foot office building at 1715 Aaron Brenner Drive in the Poplar Avenue corridor – to partner Parkway Properties Office Fund LP.

85. Growing Power - Wednesday, April 11, 2012

The outlook is as bright as ever for the local solar industry. Two large solar arrays are opening this week in Memphis and Haywood County, while industry leaders are gathering here this week to tout solar power and its growth in Tennessee in recent years.

86. Mitsubishi Chem Subsidiary Files Permit App for HQ - Tuesday, March 27, 2012

2665 Fite Road
Memphis, TN 38127

Permit Cost: $8.2 million

Permit Date: Applied March 2012

87. Former Cleo Site Sells For $2.6M - Friday, March 16, 2012

A Memphis-based buyer has bought more than 1 million square feet formerly occupied by Cleo Inc. gift-wrapping company in Airport Industrial Park Section A for less than two-thirds of the listing price.

88. Client Satisfaction Key To Linkous’ Success - Monday, February 13, 2012

Since its grand opening on May 2, 2010, Highland Church of Christ on Houston Levee Road in Cordova has been a special source of inspiration and promise for congregation member Rusty Linkous, owner and director of business development for Linkous Construction Co. Inc.

89. Grinding it Out - Monday, February 6, 2012

After most recessions, real estate bounces back.

But the Great Recession has been notably different – long, deep and very prolonged.

That’s the message Dr. John Gnuschke, director of the Sparks Bureau of Business and Economic Research and co-director of the Center for Real Estate at the University of Memphis, delivered in December at the Urban Land Institute’s Real Estate Outlook for the Mid-South.

90. Ewing Signs New Lease In SE Memphis - Friday, January 13, 2012

Ewing Moving Service Inc. & Storage is relocating its operations in Southeast Memphis for better efficiencies and more office space.

91. Commitment, Teamwork Help Whitaker Realty Thrive - Monday, November 28, 2011

Though the last four years of the recession-afflicted economy have been a dark cloud of pessimism in the real estate world, Whitaker Realty LLC owner Mark Whitaker has weathered the storm and found success by carefully choosing his clients and providing careful oversight on expenditures.

92. Willow Lake Apartments Fetch $7.8M - Thursday, November 24, 2011

A North Hickory Hill apartment complex has traded hands for the second time in 18 months.

Bloomington, Minn.-based New Life Core Willow Lake LLC has bought Willow Lake Apartments at 2774 Mendenhall Road from NW-Willow Lake LLC for $7.8 million. The purchase was financed with a $7 million loan through KeyBank NA.

93. Arlington Pet Hospital Files $1.2M Permit For Expansion - Friday, November 18, 2011

Construction plans for a new stand-alone space for a growing Arlington veterinary clinic are under way near its current shopping center space.

Samuel Garrett Davis, founder of Arlington Pet Hospital PLLC, has filed a $1.2 million building permit application with the city-county Department of Construction Code Enforcement for a 5,200-square-foot facility, complete with hospital boarding and grooming capabilities.

94. Franklin Sports Extends Lease in ProLogis Park - Monday, November 14, 2011

Franklin Sports Inc. has signed a four-year lease extension for its 300,000-square-foot industrial distribution warehouse in ProLogis Park Stateline, 5510 Getwell Road.

95. Investing in Memphis - Tuesday, September 27, 2011

You’d have to have been hiding under a rock for the last several years not to know that real estate values have dropped across the board. Whether it’s residential or any type of commercial real estate, you’ll hear it said over and over that it is a buyer’s market. That may be a reasonably accurate generalization, but when it comes to commercial real estate, “location, location, location” alone hasn’t been sufficient investment criteria for today’s buyers.

96. JLS Enterprises Buys SE Market Warehouse - Friday, September 2, 2011

A 51,000-square-foot industrial building in the Southeast submarket has traded hands. JLS Enterprises LLC purchased 4021 Delp St. in Airport Industrial Park for $850,000. The warehouse currently houses Coca-Cola Enterprises Inc. and is 100 percent occupied.

97. LensRentals.com Moves Into Trinity Ridge - Friday, July 22, 2011

A local camera- and lens-rental company is expanding into a significant amount of space in the already tight Northeast submarket.

LensRentals.com has signed a 16,800-square-foot lease in Cordova’s Trinity Ridge Business Center, 7730 A Trinity Road, suite 110.

98. MC Ionic Solutions US Begins Work on Fite Rd. Site - Tuesday, July 19, 2011

2665 Fite Road
Memphis, TN 38127
Permit Amount: $1.3 million

Permit Date: Applied July 2011

99. Cable Service Provider Signs New Lease - Friday, June 3, 2011

A Madison, Tenn.-based cable service provider is taking advantage of lower rates in a competitive leasing environment.

FTS USA has signed a 4,002-square-foot lease in East Pointe Business Center, 3915 S. Mendenhall Road.

100. Beutelschies Guides IDB Through Wide Range of Issues - Thursday, May 26, 2011

The rules of economic development are as specific as the terms of any business agreement. That’s because the incentives used to bring new businesses to Memphis and expand existing businesses here are contractual agreements.