Editorial Results (free)
1.
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?
2.
Last Word: Bike Second Line Protest, Loeb's Portrait and SCS Budget Notes -
Wednesday, May 23, 2018
“Get on your bikes and ride.” The local bike share program begins Wednesday at 60 different Explore Bike Share stations at different points around town. The bike rental program is considered a milestone in the city’s bicycle culture. And like all milestones there has to be a ceremony. This effort to make it easier to mix bikes into your daily journeys will kick off Wednesday morning in Court Square at 9:30 a.m.
3.
Office Vacancy, Asking Rents Both Rise -
Wednesday, May 23, 2018
Despite an uptick in the vacancy rate, direct asking prices continued to rise in the Memphis office market during the first quarter of 2018, according to research complied by commercial real estate firm Avison Young.
4.
Boyle Investment Co. Celebrating 85th Year -
Monday, March 26, 2018
Boyle Investment Co. celebrated its 85th anniversary with a luncheon on Friday, March 23, for its 113 employees on the top floor of its new Class A office building at 949 S. Shady Grove Road.
5.
Commercial Developers See Bright Future With Collierville's Growth -
Saturday, October 28, 2017
The town of Collierville has been enjoying strong development activity in all sectors over the past several years, fueled by the area’s strong schools, low crime rate, plentiful amenities and an abundance of developable land.
6.
Amid Retail and Industrial Successes, DeSoto Office Market Lags -
Tuesday, August 22, 2017
In the last few years, DeSoto County has become a magnet not only for retail development, but also for the industrial market.
Numerous new retail ventures have opened, and several other companies have opened industrial locations there, including FedEx Supply Services, XPO Logistics and Sephora.
7.
Amid Retail and Industrial Growth, DeSoto County Office Market Lags -
Saturday, August 19, 2017
In the last few years, DeSoto County has become a magnet not only for retail development, but also for the industrial market.
Numerous new retail ventures have opened, and several other companies have opened industrial locations there, including FedEx Supply Services, XPO Logistics and Sephora.
8.
Last Word: Sticker Shock Questions, Council Day Recap and Mueller's Move -
Wednesday, May 24, 2017
It’s not the final vote on the county property tax rate. But Monday’s acceptance by the Shelby County Commission of the state-certified property tax rate is an important insight into how the state and local governments get together on setting a tax rate that takes into account changes in overall property values from the countywide property reappraisal to set a tax rate that produces the same amount of revenue as the current rate.
9.
Mueller Approved for 10-Year Tax Abatement to Relocate to Collierville -
Tuesday, May 23, 2017
The Collierville Board of Mayor and Aldermen approved Mueller Industries’ request for a 10-year tax abatement, paving the way for the company to begin the process of relocating its corporate headquarters to Collierville.
10.
Mueller Industries Eyeing Relocation to Collierville -
Friday, April 28, 2017
Memphis-based Mueller Industries has filed a payment-in-lieu-of-taxes application with the Collierville Industrial Development Board to relocate its corporate headquarters to the Schilling Farms mixed-use development from its current location in Southeast Memphis.
11.
Last Word: Election Day, Game 6 and School Vouchers Get Rolled -
Thursday, April 27, 2017
Intermission in the NBA playoffs as tipoff of Game 6 approaches Thursday evening at the Forum. Look at all of the clouds as the lights dimming and letting you know it’s time to take your seats for the show that is reigniting the local passion for basketball.
12.
Blends Donut Cafe Opens in Schilling Farms -
Saturday, April 1, 2017
Blends Donut Café has opened as the new 1,200-square-foot corner retail tenant in Boyle Investment Co.’s multifamily community, The Carrington at Schilling Farms in Collierville.
13.
Last Word: Watching the Masthead, Dunavant Award Winners and Gin Blossoms -
Thursday, March 30, 2017
Jones Lang LaSalle says it can save the University of Memphis and by extension the state 12.5 percent of the cost of running its facilities. That’s included in a statewide higher education facilities contract the Haslam administration appears poised to award in a fast-moving return to privatization proposals. But the administration is encountering resistance from legislators who cite a letter from the Tennessee Comptroller that calls into question the cost savings estimates.
14.
Blends Donut Cafe Opens in Schilling Farms -
Thursday, March 30, 2017
Blends Donut Café has opened as the new 1,200-square-foot corner retail tenant in Boyle Investment Company’s multifamily community, The Carrington at Schilling Farms in Collierville.
The new donut shop, which specializes in cake-style donuts decorated to replicate popular desserts and flavor combinations, is located at 914 Carrington Oak Lane, near the northeast corner of East Winchester and Schilling boulevards.
15.
New Midtown Brewery Files $1.2M Building Permit Application -
Thursday, March 9, 2017
1350 Concourse Ave.
Memphis, TN 38104
Permit Amount: $1.2 million
Application Date: March 2017
Owner: Crosstown Concourse
16.
Cheffie’s Cafe Expands to Collierville -
Monday, March 6, 2017
Cheffie’s Café is bringing a new location to Boyle’s Schilling Farms developing in Collierville.
The Cheffie’s Cafe location is 956 Winchester Blvd. According to Tate Conrad, vice president of design and development for Cheffie’s parent company, the new location “will be the prototype” for the company, and it will add about 15 to 20 jobs.
17.
Last Word: Changes on EP Boulevard, March Madness at Rhodes and Cheffies -
Friday, March 3, 2017
I don’t think it worked out this way on purpose – but the $45 million, 200,000 square foot entertainment complex “Elvis Presley’s Memphis” opens the same day that episode two of “Sun Records” airs on CMT.
18.
Cheffie’s Café Opening 2nd Location in Collierville -
Friday, March 3, 2017
A popular restaurant that encourages the customer to “be the chef” is opening a second location in Collierville.
Cheffie’s Café announced it will open its newest spot at 956 Winchester Road inside of Boyle Investment Co.’s Schilling Farms community, adding roughly 15 to 20 new jobs in the area.
19.
Strickland Calls For Review of City Hall Escort List -
Monday, February 20, 2017
Memphis Police Director Michael Rallings is reviewing a list of 81 citizens who cannot come to City Hall without a police escort to wherever they are going in the building after Memphis Mayor Jim Strickland requested the review Saturday, Feb. 18.
20.
Strickland Calls For Review of City Hall Escort List -
Saturday, February 18, 2017
Memphis Police Director Michael Rallings is reviewing a list of 81 citizens who cannot come to City Hall without a police escort to wherever they are going in the building after Memphis Mayor Jim Strickland requested the review Saturday, Feb. 18.
21.
Strickland Calls For Review of City Hall Escort List -
Saturday, February 18, 2017
Memphis Police Director Michael Rallings is reviewing a list of 81 citizens who cannot come to City Hall without a police escort to wherever they are going in the building after Memphis Mayor Jim Strickland requested the review Saturday, Feb. 18.
22.
State Of The Suburbs -
Saturday, February 11, 2017
With its central location, unparalleled access to major roads, rails, runways and rivers and low cost-of-living, it’s no surprise that Memphis and the surrounding area is a popular destination for corporate headquarters, national retail brands and major industrial centers.
23.
Last Word: Liberty Bowl Memories, Talk About Violence and The Year In Ed & Med -
Wednesday, December 28, 2016
Grizz fall to the Celtics in Boston Tuesday 113-103. With Mike Conley and five other starters out. Away from triple digits, it is SMU over the Tigers at the Forum Tuesday 58-54.
24.
Real Estate Awakening -
Saturday, October 29, 2016
The year’s biggest office deal didn’t affect Memphis’ office absorption at all, but everyone in real estate has felt its reverberations.
When ServiceMaster Global Holdings announced its move to the shuttered Peabody Place Mall from Ridge Lake office park, it promised new life for a 328,000-square-foot black hole in Downtown’s retail market.
25.
Last Word: Stewart Case Conclusion, River Re-View and Rhodes Hacks -
Wednesday, September 28, 2016
81.4 million of you watched Monday’s Trump-Clinton debate which aired on 11 networks altogether, according to the preliminary numbers from Nielsen, the television rating business.
The day after the debate here in Memphis was a reminder of the urgent issues that will likely remain once all of the votes – popular and electoral -- are counted and estimated on Nov. 8.
26.
Last Word: Busy Council Day, Crosstown High and Local Democratic Post Mortem -
Tuesday, August 23, 2016
There aren’t any terms yet. But it would appear that there is enough common ground between the owners of Wiseacre Brewing and the administration of Memphis Mayor Jim Strickland to take what amounts to a letter of intent on the Mid-South Coliseum to the City Council Tuesday.
27.
Downtown Office Market Picking Up, Industrial Market Could Get Hotter -
Saturday, August 20, 2016
Memphis’ office and industrial markets saw strong second quarters, with increased absorption and positive outlooks for the rest of the year.
The quarter was dominated by ServiceMaster Global Holdings’ announcement that it was moving its headquarters from East Memphis to the shuttered Peabody Place mall. The home services and tech company will transform the former mall into a $27 million, Class A office building.
28.
Largest Multifamily Sale Takes Place for $39.1M -
Thursday, August 18, 2016
8285 Irene Blvd.
Memphis 38125
Sale Amount: $39.1 million
Sale Date: Aug. 5, 2016
Buyer: WDC Greens Investment LLC and MEM Greens at Irene LLC
29.
Greens at Irene Apartments Sold for $39 Million -
Saturday, August 13, 2016
The Greens at Irene apartment community in southeast Memphis has sold for $39.1 million.
WDC Greens Investment LLC and MEM Greens at Irene LLC purchased the property from The Greens at Irene L.P. and the Greens at Irene Phase II L.P. in a Aug. 5 warranty deed.
30.
Last Word: SEC and GMF, Wiseacre's Growth and Apartment Action -
Thursday, August 11, 2016
The Securities and Exchange Commission has been investigating Global Ministries Foundation since mid-July. The revelation turned up Wednesday in a Memphis Federal Court filing by the receiver appointed to oversee and sell the Tulane and Warren apartments.
31.
Greens at Irene Apartments Sells for $39 Million -
Thursday, August 11, 2016
The Greens at Irene apartment community in southeast Memphis has sold for $39.1 million.
WDC Greens Investment LLC and MEM Greens at Irene LLC purchased the property from The Greens at Irene L.P. and the Greens at Irene Phase II L.P. in a Aug. 5 warranty deed.
32.
Last Word: The Sound of Dominoes, Brexit Anxiety and Schilling Farms Backstory -
Tuesday, July 26, 2016
The Memphis Newspaper Guild makes it official – filing grievances against Gannett, the new owner of The Commercial Appeal, over the first significant changes in how the paper is put out. Those changes involve abolishing copy editing positions and making them part of the new job of digital producers.
33.
Boyle Completing Key Quadrant At Schilling Farms, Eyeing More Retail -
Saturday, July 23, 2016
Boyle Investment Co. is wrapping up construction on a critical corner of Schilling Farms that will bring more retail and encourage more office users to consider the development. The three adjacent projects fill in the southern quadrant of Schilling Boulevard and Winchester Road, a small part of the sprawling 443-acre, city-within-a-city in Collierville.
34.
Boyle Expanding Schilling Farms Development -
Saturday, July 16, 2016
Construction is nearing completion on several new projects at Schilling Farms on an 11-acre site at the corner of Schilling and Winchester boulevards.
A new 50,000-square-foot Class A office building opens at 255 Schilling Blvd. Half of the space is pre-leased to Helena Chemical Co. and the other 25,000 square feet of ground-floor space is available for office or retail uses.
35.
Last Word: Regrouping, Freedom Awards and The View From Another Bridge -
Thursday, July 14, 2016
It will be a year come Sunday – a year since Darrius Stewart, a passenger in a car pulled over by Memphis Police in Hickory Hill was shot and killed by Officer Conner Schilling.
36.
Madison Hotel Sells to Chicago-Based Hotel Group -
Thursday, July 14, 2016
79 Madison Ave.
Memphis, TN 38103
Sale Date: June 21
Buyer: 79 Madison Avenue LLC
37.
Last Word: The Day After The Bridge, Big River Plans and the U of M Train Tracks -
Tuesday, July 12, 2016
The lure of the bridge was tempting some of the organizers of Sunday’s Black Lives Matter protest that shut down the Hernando DeSoto Bridge on the day after the protest that drew thousands.
38.
Boyle Completes Office, Starts Multi-Family Expansion -
Tuesday, July 12, 2016
Construction is nearing completion on several new projects at Schilling Farms on an 11-acre site at the corner of Schilling and Winchester boulevards.
On Thursday, July 21, a new 50,000-square-foot Class A office building will open at 255 Schilling Blvd. Half of the space is pre-leased to Helena Chemical Co. and the other 25,000 square feet of ground-floor space is available for office or retail uses.
39.
Collierville Sees Year’s Largest Multifamily Sale -
Thursday, June 9, 2016
160 Madison Farms Drive
Collierville, TN 38017
Sale Amount: $34.3 million
Buyer: Spyglass-Collierville LLC
40.
Collierville Apartments Sell for $34.3 Million -
Monday, June 6, 2016
Collierville’s 324-unit Madison at Schilling Farms apartment community has changed hands in the largest multifamily sale in Shelby County over the past year.
New Jersey-based private equity firm Spyglass Capital Partners LLC, working as Spyglass-Collierville LLC, paid $34.3 million, or $105,864 per unit, for the Class A property. The seller, Arenda Capital Management affiliate Madison 324 LLC, had purchased the community four years ago for $32 million.
41.
Madison at Schilling Farms Sells for $34.3 Million -
Friday, June 3, 2016
Collierville’s 324-unit Madison at Schilling Farms apartment community has changed hands in the largest multifamily sale in Shelby County over the past year.
New Jersey-based private equity firm Spyglass Capital Partners LLC, working as Spyglass-Collierville LLC, paid $34.3 million, or $105,864 per unit, for the Class A property. The seller, Arenda Capital Management affiliate Madison 324 LLC, had purchased the community four years ago for $32 million.
42.
Memphis Multifamily Action Gets Second-Quarter Boost -
Monday, September 21, 2015
Multifamily fundamentals were strong for the second quarter of 2015 as Downtown and Collierville continued to perform well in their new-construction booms.
New construction is ahead compared to second quarter 2014, with 567 units coming online in the Memphis metro area compared to 466 units last year, according to CBRE Memphis’ Multifamily MarketView. By year-end, construction will total 1,280 units.
43.
Build Out -
Saturday, July 25, 2015
Boyle Investment Co. is building a 52,000-square-foot office building at its Schilling Farms community in Collierville in which Helena Chemical Co.’s Southern Business Unit will lease half of the space.
44.
Aitken Makes Case for Collierville’s New $99 Million School -
Tuesday, June 16, 2015
There is the effort to sell Collierville residents on the specific plan for a $99 million comprehensive high school for 3,000 students. And then there is the effort to avoid a referendum on the $99 million bond issue that could follow approval of a property tax hike for the new school construction.
45.
Brown Joins Michael Hatcher & Associates -
Wednesday, April 1, 2015
Lana L. Brown has joined Michael Hatcher & Associates Inc. as controller. In her new role, Brown is responsible for the accounting operations of the company, which includes financial reporting, cash management, risk management and maintaining a good system of accounting policies.
46.
Boyle-Affiliated Company Buys Schilling Farms Land -
Saturday, March 21, 2015
A company affiliated with Boyle Investment Co. has sold vacant land inside the Memphis-based company’s Schilling Farms development in Collierville to another Boyle-related entity.
47.
Boyle-Affiliated Company Buys Schilling Farms Land -
Wednesday, March 18, 2015
A company affiliated with Boyle Investment Co. has sold vacant land inside the Memphis-based company’s Schilling Farms development in Collierville to another Boyle-related entity.
48.
Building Boom -
Saturday, March 7, 2015
With the greater Memphis area slower to recover from the recession and economic downturn than other parts of the country, frustrated local general contractors watched in 2012 and 2013 as firms across the country participated in what appeared to be a robust national economic rebound.
49.
Collierville Schools OKs High School Site Search -
Saturday, January 31, 2015
The Collierville Schools board voted Tuesday, Jan. 28, to begin site selection for a new high school.
The vote involves architects and planners in a move toward a second high school for the suburban school district that began last year as the school system’s first school year began.
50.
Collierville Schools OKs High School Site Search -
Thursday, January 29, 2015
The Collierville Schools board voted Tuesday, Jan. 28, to begin site selection for a new high school.
The vote involves architects and planners in a move toward a second high school for the suburban school district that began last year as the school system’s first school year began.
51.
Lot Shortage Leads to Fewer New Homes -
Wednesday, January 28, 2015
Shelby County homebuilding activity slowed in 2014 as builders filed fewer permits and sold fewer homes than in 2013.
Homebuilders filed 850 permits in 2014, down 8.6 percent from 930 permits filed in 2013 and down 7 percent from 914 permits filed in 2012, according to real estate information company Chandler Reports, www.chandlerreports.com.
52.
Lynnfield Place Apartments Sell for $22.4 Million -
Tuesday, November 25, 2014
1400 Lynnfield Road
Memphis, TN 38119
Sale Amount: $22.4 million
Sale Date: Nov. 7, 2014
Buyer: Lynnfield Apartments LLC
Seller: Lynnfield Holdings LLC
Loan Amount: $20 million
Loan Date: Nov. 3, 2014
Borrower: Lynnfield Apartments LLC
Lender: Arbor Commercial Funding LLC
Details: The Lynnfield Place apartment community in East Memphis has sold for $22.4 million.
53.
Collierville Daycares Sell for $4.4 Million -
Saturday, November 22, 2014
Two Collierville daycare centers have sold for a combined $4.4 million.
SDK Properties LLC sold the center at 105 Crescent Drive to Store Master Funding VII LLC for $2.5 million and the center at 1649 S. Shea Road to the same entity for $1.8 million, according to warranty deeds filed Nov. 14. The buyer, Store Master Funding VII LLC, is an affiliate of Scottsdale, Ariz.-based real estate investment trust STORE Capital. The centers operate as Kid Tech #1 and Kid Tech #2.
54.
Collierville Daycares Sell for $4.4 Million -
Friday, November 21, 2014
Two Collierville daycare centers have sold for a combined $4.4 million.
SDK Properties LLC sold the center at 105 Crescent Drive to Store Master Funding VII LLC for $2.5 million and the center at 1649 S. Shea Road to the same entity for $1.8 million, according to warranty deeds filed Nov. 14. The buyer, Store Master Funding VII LLC, is an affiliate of Scottsdale, Ariz.-based real estate investment trust STORE Capital. The centers operate as Kid Tech #1 and Kid Tech #2.
55.
Boyle Sees Opportunity in East Memphis -
Friday, November 21, 2014
Memphis-based Boyle Investment Co. hopes to break ground next year on a new office building at its Ridgeway Center complex near Poplar Avenue and Shady Grove Road, according to company officials.
56.
Makowsky Ringel Greenberg Still Going Strong -
Monday, November 17, 2014
In 2008, Memphis-based Makowsky Ringel Greenberg LLC acquired land inside the Schilling Farms community in Collierville for a new high-end apartment development.
57.
Memphis Multifamily Sector on Firm Ground -
Saturday, August 23, 2014
It was 2008 and Memphis-based Makowsky Ringel Greenberg had just acquired a swath of property inside Boyle Investment Co.’s master planned Schilling Farms community in Collierville for a new multifamily development.
58.
Dohmen Life Science Adds Space in SE Memphis -
Friday, August 1, 2014
Dohmen Life Science Services is expanding its footprint in Southeast Memphis.
The operator of the pharmaceutical logistics company DDN recently inked lease renewals and an expansion that pushed its occupancy to 628,000 square feet.
59.
Legacy Farm Owner Files $29.8 Million Loan -
Tuesday, June 24, 2014
1120 Winchester Road
Collierville, TN 38017
Loan Amount: $29.8 million
Loan Date: June 18, 2014
Maturity Date: July 1, 2021
Borrower: Legacy Farm LLC
Lender: CBRE Capital Markets Inc.
Details: The owner of the 368-unit Legacy Farm apartment complex at 1120 Winchester Road in Collierville has filed a $29.8 million loan on the property.
60.
Legacy Farm Owner Files $29.8 Million Loan -
Monday, June 23, 2014
The owner of the 368-unit Legacy Farm apartment complex at 1120 Winchester Road in Collierville has filed a $29.8 million loan on the property.
61.
Building Community -
Thursday, May 15, 2014
The Carrington at Schilling Farms looks like an apartment community you might find in Downtown Memphis or a town square, but the development – Boyle Investment Co.’s first apartment project in more than 30 years – is in the heart of Collierville.
62.
Events -
Tuesday, March 11, 2014
Calvary Episcopal Church will hold its 2014 Lenten Preaching Series and Waffle Shop weekdays through April 11 at the church, 102 N. Second St. Speakers from various faiths will speak from 12:05 p.m. to 12:40 p.m.; the Waffle Shop will be open from 11 a.m. to 1:30 p.m. Visit calvarymemphis.org for a list of speakers.
63.
Events -
Monday, March 10, 2014
Methodist South Hospital will host a stroke support group meeting for survivors and caregivers Monday, March 10, in the outpatient rehabilitation center, 1251 Wesley Drive, suite 141. The topic is “Advanced care directives: Making your health care wishes known.” Email patricia.morgan@mlh.org or rushali.naik@mlh.org.
64.
SCS Attendance Zone Proposal Affects 7,000 Students -
Thursday, February 20, 2014
Shelby County Schools board members got their first detailed look Wednesday, Feb. 19, at a set of more than two dozen changes in student attendance zones in the 2014-2015 school year that could affect nearly 7,000 students in the school system.
65.
Orpheum Files Permit For Performing Arts Center -
Tuesday, February 18, 2014
225 S. Main St.
Memphis, TN 38103
Permit Cost: $10.2 million
Project Cost: $14.5 million
66.
D1 Sports Buys Land, Files Construction Loan -
Thursday, February 13, 2014
An affiliate of Franklin, Tenn.-based D1 Sports Training has bought 1.9 acres of land in Collierville and filed a construction loan for a 19,062-square-foot sports facility on the property.
DP Memphis LLC paid $375,000 for the vacant parcel, whose address is known as 85 Market Center Drive, in a Feb. 4 special warranty deed from Schilling Farms LLC.
67.
Events -
Saturday, January 4, 2014
Hattiloo Theatre will present “One Monkey Don’t Stop No Show” Thursday, Jan. 9, to Jan. 26 at the theater, 656 Marshall Ave. Visit hattiloo.org.
68.
Events -
Friday, January 3, 2014
Playhouse on the Square will present “Almost, Maine” as part of the POTS@TheWorks series Friday, Jan. 3, through Jan. 26 at TheatreWorks, 2085 Monroe Ave. Buy tickets at playhouseonthesquare.com.
69.
Propelling City Forward Bloodworth’s Design Goal -
Friday, June 21, 2013
As he grew up in Memphis, Russell E. “Rusty” Bloodworth was fascinated by art, design and the use of space.
As a young boy his appetite for creation – through art and using household materials to build little communities – grew.
70.
MRG Breaks Ground on Schilling Farms Apartment Complex -
Thursday, June 13, 2013
Memphis-based Makowsky Ringel Greenberg LLC is launching a new apartment community at Schilling Farms.
71.
Collierville Office Building Owner Files $1.8 Million Loan -
Monday, May 27, 2013
The owner of the 15,632-square-foot office building at 60 Market Center Drive in Collierville has filed a $1.8 million loan on the property.
72.
Boyle Celebrates 80 Years, Sponsors Art Exhibit -
Monday, March 18, 2013
Boyle Investment Co. turns 80 this year, and has partnered with the Memphis Brooks Museum of Art to celebrate.
73.
Shelby Home Permits Stagnate, Sales Decrease -
Wednesday, March 13, 2013
New home permits were flat in February compared to the same month last year.
Shelby County homebuilders filed 70 permits in February averaging 3,142 square feet and $222,975, according to real estate information company Chandler Reports, www.chandlerreports.com. That compared to 72 permits filed in February 2012, averaging 3,520 square feet and $294,109.
74.
Changing Times -
Saturday, March 2, 2013
After a four-decade existence, the Morgan Keegan name has been retired.
The announcement Raymond James Financial Inc. is dropping the Morgan Keegan name was made during Raymond James’ first quarter earnings conference call last month. Raymond James CEO Paul Reilly was giving analysts listening to the call an update on the firm’s acquisition of the Memphis investment firm last year and its integration since then.
75.
Rheumatology Clinic Buys Germantown Office Building -
Tuesday, November 27, 2012
7660 Poplar Pike Germantown, TN 38138
Sale Amount: $986,850
Sale Date: Nov. 14, 2012
76.
California Investor Buys Apartments for $25.5 Million -
Wednesday, November 21, 2012
Torrance, Calif.-based Arenda Capital Management LLC has bought its second Memphis-area multifamily property this year, paying $25.5 million for the Grove at Trinity Pointe apartments at 555 Wood Arbor Parkway in Cordova.
77.
Brown Joins REACH As Vice President -
Wednesday, August 29, 2012
Stephen Brown has joined REACH Human Capital as vice president of business development. In his new role, Brown will assist companies in selecting and training employees.
78.
Boyle’s Binkley, Thompson Awarded CNU Accreditation -
Thursday, August 9, 2012
Les Binkley and Gary Thompson of Boyle Investment Co. have been awarded CNU Accreditation by The Congress for the New Urbanism on the nomination of the faculty of the University of Miami School of Architecture.
79.
G&I Sells 2 Multifamily Sites For Combined $55.8 Million -
Tuesday, July 3, 2012
160 Madison Farms Drive
Collierville, TN 38017
Sale Amount: $32 million
Sale Date: June 20, 2012
80.
Bailey Creek Apts. Sells for $23.8M -
Monday, July 2, 2012
The 232-unit Bailey Creek Apartments in Collierville has sold for $23.8 million to New York-based private real estate investment firm Somerset Partners LLC, marking Somerset’s fourth Memphis-area purchase.
81.
Madison at Schilling Farms Sells for $32 Million -
Tuesday, June 26, 2012
Arenda Capital Management, a Los Angeles-based private real estate investment firm, has bought the 324-unit Madison at Schilling Farms apartment complex in Collierville for $32 million.
Arenda, working under the name Madison 324 LLC, closed on the purchase from G&I IV Madison LP on Wednesday, June 20. G&I is a joint venture between New York-based investment advisor DRA Advisors LLC and Memphis’ Fogelman Properties.
82.
Fla. Company Buys Cordova Retail Center -
Friday, June 8, 2012
Coral Springs, Fla.-based Swiss Capital Group LLC has acquired The Shops of Woodland Hills in Cordova for $3.1 million.
83.
DRA Advisors Closes on Two Shelby Drive Warehouses -
Friday, June 1, 2012
New York-based DRA Advisors LLC has closed on two Memphis warehouse properties for $12.3 million, as part of a larger portfolio purchase from Houston-based Weingarten Realty Investors.
84.
Poag, N.Y. Investor Buy The Avenue -
Friday, May 11, 2012
The Avenue Collierville – the largest lifestyle center in the Memphis metropolitan area at Houston Levee Road and Bill Morris Parkway – has been bought by an affiliate of Memphis-based Poag Lifestyle Centers.
85.
Poag, N.Y. Investor Buy The Avenue -
Thursday, May 10, 2012
The Avenue Collierville – the largest lifestyle center in the Memphis metropolitan area at Houston Levee Road and Bill Morris Parkway – has been bought by an affiliate of Memphis-based Poag Lifestyle Centers.
86.
Weingarten Realty to Sell Two Industrial Properties -
Friday, April 13, 2012
Weingarten Realty Investors, a Houston-based owner, manager and developer of shopping centers, is preparing to sell its wholly-owned industrial portfolio – which includes two properties in Memphis – to New York-based DRA Advisors LLC for $382.4 million.
87.
Housing Market Slowly Improving -
Wednesday, March 14, 2012
Memphis last month was named as one of 29 metropolitan areas to be included on the National Association of Home Builders/First American Improving Markets Index, which is now nearing 100 cities.
The index identifies metro areas that have shown improvement from their respective troughs in housing permits, employment and house prices for at least six consecutive months. Other notable new entrants to the list in February were Miami; Boston; Detroit; Kansas City, Mo.; Portland, Ore.; and Salt Lake City.
88.
Boyle Promotes Binkley to VP -
Wednesday, December 14, 2011
Boyle Investment Co. has promoted Les Binkley to vice president.
Along with overseeing day-to-day activities that pertain to Boyle’s mixed-use developments, Binkley will explore potential property acquisitions for future Boyle projects.
89.
MRG Bullish On Multifamily Market -
Wednesday, August 17, 2011
With pending uncertainty about the housing market, the local multifamily market appears to be staging a healthy comeback.
This year has been especially kind to Makowsky Ringel Greenberg LLC, a 45-year-old commercial real estate firm whose business model is about 80 percent multifamily work.
90.
Ripples From Stanford Scheme Still Felt in Memphis -
Monday, February 21, 2011
The court-appointed receiver who’s unwinding the now-defunct operations of Stanford Financial Group – once fueled by money from a giant Ponzi scheme – is preparing to sell off Stanford property in Collierville.
91.
Ripples From Stanford Scheme Still Felt in Memphis -
Friday, February 18, 2011
The court-appointed receiver who’s unwinding the now-defunct operations of Stanford Financial Group – once fueled by money from a giant Ponzi scheme – is preparing to sell off Stanford property in Collierville.
92.
Monthly Building Dips, But 2010 Numbers Up -
Thursday, December 16, 2010
While the holidays typically slow down the pace of building new homes, November’s permits took a bigger hit than usual as the industry continues to work through the recession.
Shelby County homebuilders filed 38 permits last month, a 34.5 percent decrease from 58 permits the same month a year ago, according to real estate information company Chandler Reports, www.chandlerreports.com.
93.
Wynstone Mill Lots Hit Auction Block -
Tuesday, May 25, 2010
Thirty-six lots in the Wynstone Mill subdivision of the Schilling Farms Planned Development have been foreclosed and will be sold in a substitute trustee’s sale, according to a pair of notices that begin on Page 38 of today’s print edition of The Daily News and also at The Daily News Online, www.memphisdailynews.com.
94.
NSA Files $50 Million Line on Collierville Land -
Tuesday, May 4, 2010
NSA LLC, the Collierville-based maker and distributor of Juice Plus nutritional products, has filed a $50 million line of credit through SunTrust Bank for land it owns in Collierville’s Schilling Farms Planned Development.
95.
Klazmer/Sklar Bullish on C’ville’s Schilling Farms -
Thursday, December 31, 2009
Scott Klazmer, a principal at the homebuilder Klazmer/Sklar Homes, understands why someone would question the company’s recent purchase of 12 lots in the Schilling Farms Planned Development for $500,000.
96.
Events -
Thursday, May 21, 2009
Christian Brothers University will present the second session of its Family Business Enrichment Series today from 7:30 a.m. to 9:30 a.m. in the Thomas Center of the Sabbatini Lounge. The topic of the lecture is “Engaging Your Workforce in Challenging Economic Times.” For reservations, call 321-3999 or e-mail rsvp@cbu.edu.
97.
12 Lots, Two Homes Sold in Trustee’s Sale -
Friday, May 1, 2009
Eleven lots and two homes in the Schilling Farms subdivision in Collierville have been sold to Regions Bank for $1.1 million in a substitute trustee’s sale. The owner of the properties is Albertine Co. LLC.
98.
Assisted Living/Alzheimer’s Facility Near Completion in Schilling Farms -
Tuesday, February 3, 2009
15 Schilling Bend Commons
Collierville, TN 38017
Loan Amount: $4 Million
Loan Date: Jan. 7, 2009
Maturity Date: Jan. 7, 2009
Borrower: Southridge Nursing LLC
Lender: Financial Federal Savings Bank
99.
Southridge Nursing Files $4 Million Loan -
Friday, January 30, 2009
Southridge Nursing LLC has filed a $4 million loan through Financial Federal Savings Bank on 1.9 acres in Collierville’s Schilling Farms Planned Development. Southridge Nursing is the local limited liability company of Sikeston, Mo.-based Americare.
100.
Rhodes College’s Stuart Receives Distinguished Service Award -
Wednesday, June 4, 2008
Forrest Stuart, director of financial aid at Rhodes College, recently received the Distinguished Service Award at the spring conference of the Tennessee Association of Student Financial Aid Administrators (TASFAA).