1115 E. Getwell Loop St., Memphis, TN 38152 - Turner Construction Co. is beginning the first phase of a $10.6 million expansion and renovation of the University of Memphis’ athletic training facility on its Park Avenue campus. 

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

0 Tchulahoma Rd.
Memphis, TN 38118

Tenant: DHL Supply Chain

Landlord: Belz Enterprises

3. Trinity Ridge Business Center Sells for $16M - Tuesday, October 27, 2015

7730, 7740, 7750, 7760, 7866 Trinity Road
Cordova, TN 38018
Sale Amount: $16 million

4. Toshiba Warehouse Sold For $7.7 Million - Saturday, October 24, 2015

Toshiba America Inc.’s Hickory Hill home has changed hands for $7.7 million.

Delaware-based Net Magan Property Owner One LP sold the 207,472-square-foot industrial property at 5400 Distriplex Farms Drive to national real estate investment group Sealy & Company.

5. Toshiba Warehouse Sold For $7.7 Million - Friday, October 23, 2015

Toshiba America Inc.’s Hickory Hill home has changed hands for $7.7 million.

Delaware-based Net Magan Property Owner One LP sold the 207,472-square-foot industrial property at 5400 Distriplex Farms Drive to national real estate investment group Sealy & Company.

6. Toshiba Warehouse Sold For $7.7 Million - Thursday, October 22, 2015

Toshiba America Inc.’s Hickory Hill home has changed hands for $7.7 million.

Delaware-based Net Magan Property Owner One LP sold the 207,472-square-foot industrial property at 5400 Distriplex Farms Drive to national real estate investment group Sealy & Company.

7. 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.

8. 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.

9. Kroger Buys Union Space for Expansion - Friday, September 14, 2012

Kroger has acquired the Belvedere Apartments in Midtown as part of a long-term project to reconfigure the grocery store’s antiquated and challenged layout.

Kroger Delta Division closed Wednesday, Sept. 12, on the 10-story apartment high-rise at 1733 Union Ave. from Belvedere Apartment Inc. The sale includes Belvedere’s attached and front parking areas.

10. 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.

11. Ambulance Co. Signs New Lease, Ups Space - Friday, May 20, 2011

A Nashville-based health care company is expanding its Memphis presence. First Call Ambulance Services LLC has signed a three-year, 13,500-square-foot lease at 5155 Wilfong Road, more than doubling its existing space on Federal Avenue.

12. 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.

13. 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.

14. Archived Article - Tuesday, June 26, 2007

5539 Elvis Presley Blvd.
Memphis, TN 38116
Sale Amount: $3.1 million

Sale Date: June 8, 2007

Buyer: ArciTerra DG Memphis TN LLC

15. Sitting Pretty - Thursday, June 21, 2007

For anyone who can't see how important FedEx is to Memphis' economy, Wyatt Aiken, senior vice president of Commercial Advisors LLC, paints the following picture:

"If Memphis wasn't a great distribution hub, FedEx wouldn't be here," he said, "and if FedEx wasn't here, we'd be Little Rock."

16. 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 O

17. Archived Article - Tuesday, September 20, 2005

1885 Appling Road
Cordova, TN 38016
Cost: $5.9 million

Buyer: Net Magan Property Owner One LP

Seller: Farnsworth Distribution Properties Partnership

18. 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

19. Archived Article - Tuesday, September 6, 2005

24 properties
and two leaseholds
Cost: $68.6 million

Borrower: Net Magan Property Owner One LP

Lender: Eurohypo AG

20. 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.