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Editorial Results (free)
1. Changing Market
- Wednesday, January 2, 2013
Much of 2012’s commercial real estate deals could be summed up in one of three phrases: speculative construction, institutional buyers and unusual transactions.
The first quarter was kicked off when Industrial Developments International Inc. revealed plans to add one build-to-suit and two speculative buildings in its Crossroads Distribution Center in Olive Branch – marking the area’s first spec construction since 2008.
2. Milwaukee Electric Tool Building Bought by Monmouth for $28 Million
- Wednesday, December 26, 2012
Freehold, N.J.-based Monmouth Real Estate Investment Corp. has acquired the Milwaukee Electric Tool Corp. building at 12385 Crossroads Drive in Olive Branch for $28 million.
3. IDI Set to Begin Construction On Three Olive Branch Bldgs.
- Friday, April 20, 2012
Industrial Developments International Inc. soon will begin construction on three buildings in Crossroads Distribution Center in Olive Branch, marking the first substantial Memphis-area speculative development since 2008.
4. IDI to Begin Construction on 1.75M Square Feet in Olive Branch
- Thursday, April 19, 2012
Industrial Developments International Inc. will soon begin construction on three buildings in Crossroads Distribution Center in Olive Branch, marking the first substantial Memphis-area speculative development since 2008.
5. Monmouth REIT Acquires Anda's Olive Branch Site
- Friday, March 23, 2012
Monmouth Real Estate Investment Corp. has acquired the 234,660-square-foot Crossroads Distribution Center in Olive Branch for $16.2 million.
6. Holmes Road Acreage, Lots Sell for $1.6M in Foreclosure
- Monday, December 26, 2011
Property on Holmes Road
Memphis, TN 38109
Sale Amount: $1.6 million
Sale Date: Nov. 18, 2011
Buyer: Renasant Bank
7. FedEx-Leased Building Financed for $9.9M
- Wednesday, December 21, 2011
Monmouth Real Estate Investment Corp. has filed a $9.9 million trust deed through First SunAmerica Life Insurance Co. for a warehouse at 5025 Tuggle Road occupied by FedEx Global Supply Chain Services Inc.
8. Cautious Optimism
- Tuesday, June 15, 2010
Industrial real estate, which thrives whenever companies choose one of the city’s numerous warehouses and distribution centers to store their goods, plays a significant role in Memphis’ economy.
So as the recession improves and consumerism rebounds, the industrial sector is bound to show improvement as will the city’s financial climate.
9. N.J. Company Buys FedEx Global Supply Building
- Tuesday, October 27, 2009
Another out-of-town company has discovered the value of Memphis’ commercial real estate with a multimillion-dollar investment in the city.
Freehold, N.J.-based Monmouth Real Estate Investment Corp. has bought the 449,262-square-foot, Class A warehouse at 5025 Tuggle Road for $14.6 million. The facility, which just underwent a $1 million expansion, is 100 percent leased by FedEx Global Supply Chain Services Inc.