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Editorial Results (free)

1. Lake District Lands Malco Theater, Former Benchmark Seeks New Life -

3536 Canada Road,
Lakeland, TN 38002

Tenant: Malco Theatres Inc.

Tenant’s Agent: Michael Lightman, Michael Lightman Realty

Landlord: The Lake District

2. THM Buys Last 2 Parcels Near 100 North Main -

New York-based Townhouse Management Co., doing business as THM Memphis Acquisitions LLC, has acquired the last two parcels that share a block with the 37-story 100 North Main building, which it plans to redevelop into a 600-room Loews hotel.

3. THM Buys Remaining Parcels Surrounding 100 North Main -

New York-based Townhouse Management Co., doing business as THM Memphis Acquisitions LLC, has acquired the last two parcels that share a block with the 37-story 100 North Main building, which it plans to redevelop into a 600-room Loews hotel.

4. 100 North Main -

The city’s tallest building, the 37-story 100 North Main Building – may or may not become the city’s second convention center hotel. But the skyscraper that has been vacant for four years and counting is the centerpiece of a 3-acre planned commercial complex anchored by a 600-room hotel, no matter where it winds up in the footprint. The complex, as much as the hotel, promises to change more than the city’s convention business.

5. Overton Square Adds Two New Restaurants in One Week -

2110 Madison Ave.

Memphis, TN 38104

Lease Amount: 3,790 square feet 

Tenant: Bogard

Tenant’s Agent: Barry Maynard, LRG

Landlord: Loeb Properties Inc.

6. Downtown Office Building Sells for $1.1 Million -

National Housing Corp. of Memphis has purchased a 226,848-square-foot office building in Downtown Memphis, according to a March 30 warranty deed filed with the Shelby County Register.

7. 100 N. Main Owner Buys Two Adjacent Parcels -

Less than a month after the 100 North Main Building was effectively reclaimed by the lender at a foreclosure auction, New York-based real estate firm Townhouse Management Co. affiliate THM Memphis Acquisitions LLC has purchased two adjacent parcels.

8. 100 N. Main Owners Buy Additional Property -

80, 86, 88 N. Main St., Memphis, TN 38103: Less than a month after the 100 North Main Building was effectively reclaimed by the lender at a foreclosure auction, New York-based real estate firm Townhouse Management Co. affiliate THM Memphis Acquisitions LLC has purchased adjacent parcels.

9. 100 N. Main Owner Buys Two Adjacent Parcels -

Less than a month after the 100 North Main Building was effectively reclaimed by the lender at a foreclosure auction, New York-based real estate firm Townhouse Management Co. affiliate THM Memphis Acquisitions LLC has purchased two adjacent parcels.

10. 100 North Main Owner Buys Two Adjacent Parcels -

Less than a month after the 100 North Main Building was effectively reclaimed by the lender at a foreclosure auction, New York-based real estate firm Townhouse Management Co. affiliate THM Memphis Acquisitions LLC has purchased two adjacent parcels.

11. Downtown Office Tower Reclaimed at Auction; Lafayette's to Expand -

100 N. Main St.

Memphis, TN 38103

Sale Amount: $1 million

Sale Date: Jan. 11, 2018

Buyer: THM Memphis Acquisitions

12. Downtown Office Tower Reclaimed at Auction; Lafayette's to Expand -

100 N. Main St.

Memphis, TN 38103

Sale Amount: $1 million

Sale Date: Jan. 11, 2018

Buyer: THM Memphis Acquisitions

13. 100 North Main Building Reclaimed at Auction; Lafayette’s Expanding -

100 N. Main St.

Memphis, TN 38103

Sale Amount: $1 million

Sale Date: Jan. 11, 2018

Buyer: THM Memphis Acquisitions

14. Lender Reclaims City’s Tallest Building, Lafayette’s Expanding -

100 N. Main St., Memphis, TN 38103 - THM Memphis Acquisitions LLC effectively bought the 100 North Main Building, a 37-story office tower, at a foreclosure auction on the courthouse steps after the property failed to receive any bids. A substitute trustee’s deed for the $1 million transaction was recorded with the Register’s Office Thursday, Jan. 11.

15. Lender Reclaims 100 North Main at Auction -

More than a year after Memphis’ tallest building went into foreclosure, 100 North Main has been reclaimed by the lender. THM Memphis Acquisitions LLC effectively bought the 37-story office tower at a foreclosure auction on the courthouse steps after the property failed to receive any bids.

16. Lender Reclaims 100 North Main at Auction -

More than a year after Memphis’ tallest building went into foreclosure, 100 North Main has been reclaimed by the lender.

THM Memphis Acquisitions LLC effectively bought the 37-story office tower at a foreclosure auction on the courthouse steps after the property failed to receive any bids. A substitute trustee’s deed for the $1 million transaction was recorded with the Register’s Office Thursday, Jan. 11.

17. Faropoint Acquires Massive Industrial Portfolio for $33.1M -

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. Downtown Condo Connection Added Management Service to Survive Recession -

When Karen Barrows and her husband decided to move back to Memphis from Florida to be closer to their daughter and young granddaughter, they had their eyes set on living in the heart of the city.

They previously had lived in Arlington and knew this time around they were interested in Midtown. Their daughter connected them to Kendall Haney, a Memphis Realtor who operates Downtown Condo Connection.

19. Collier Village Apartments Sell for $4.4 Million -

The 100-unit Collier Village Apartments at 365 Center St. in Collierville has sold for $4.4 million.

Collier Village Apartments Utah LLC – an affiliate of Salt Lake City-based Property Asset Management Inc. – bought the townhouse-style multifamily complex in a Feb. 26 special warranty deed from Collier Village Associates LLC.

20. Raleigh Village Apartments Sell for $2.3 Million -

Raleigh Village, a 182-unit apartment complex constructed in 1974 and 1980, sold June 28 for $2.3 million, or $13,000 per unit.

Tommy Bronson III and Blake Pera with the CBRE Memphis Multifamily Division represented the seller, Grant Investments LLC, in the sale.

21. Raleigh Village Sells for $2.3 Million -

Raleigh Village, a 182-unit apartment complex constructed in 1974 and 1980, sold June 28 for $2.3 million, or $13,000 per unit.

Tommy Bronson III and Blake Pera with the CBRE Memphis Multifamily Division represented the seller, Grant Investments LLC, in the sale.

22. AP IMPACT: Deficient Levees Found Across America -

NEW ORLEANS (AP) – Inspectors taking the first-ever inventory of flood control systems overseen by the federal government have found hundreds of structures at risk of failing and endangering people and property in 37 states.

23. Levenger Leases Up EastPark IV -

A Delray Beach, Fla.-based specialty retail company is relocating its Memphis distribution warehouse within the Southeast submarket.

Levenger has inked 96,400 square feet in EastPark Distribution Center IV, 5265 Hickory Hill Road, bringing the 372,800-square-foot building to full occupancy. Levenger also has an operation at 3530 E. Raines Road.

24. Fairway Manor to Rise in Westwood -

An $8.5 million public housing project called Fairway Manor soon will break ground in Westwood’s 38109 ZIP code.

The facility at 12 W. Fairway Ave. will include a three-story senior living space and a seven-building townhouse apartment complex with clubhouse. The 110,000-square-foot project will contain 96 units between the two properties.

25. Blues City Brewery Buys Hardy Bottling -

5151 E. Raines Road
Memphis, TN 38118
Sale Amount: $10 million

Sale Date: May 2, 2011
Buyer: Blues City Brewery LLC
Seller: Chism Hardy Enterprises LLC

26. Hickory Hill Apartments Sell for $10M -

Three apartment communities in the Hickory Hill Road/Knight Arnold Road area have sold for a combined price of $10 million.

Tommy Bronson III and Blake Pera with CB Richard Ellis Memphis’ multifamily division represented Hallmark Capital in the sale to Bellevue, Wash.-based Emerald Apartment Group. Wilson Management Inc., the managing entity behind Emerald Apartment Group, will retain and manage the properties.

27. Affordable Housing Complex to Get Makeover -

Memphis-based ALCO Management Inc. is on the verge of buying Saints Court apartments at 1032 N. Watkins St. in North Memphis with plans to renovate the 52-year-old multifamily complex.

28. Raynor Named VP of Marketing For Two Hilton Brands -

Carla Raynor has been appointed vice president of marketing for Homewood Suites by Hilton and newly launched Home2 Suites by Hilton.

29. Seasoned Investor Acquires 41 Properties -

Real estate investor Jim Reedy needed only one day to acquire $2.4 million worth of investment properties, beefing up his already extensive portfolio.

Reddoch Management LLC, the business that Reedy and his wife, Debi, established two years ago, has bought 41 multifamily and single-family properties throughout the city from Roy Adams, who had chosen to unload his holdings and get out of the real estate gig. The deals all closed March 19.

30. Apartment PortfolioFetches $16.4 million -      The Poplar Place Townhomes in East Memphis and the Collier Village Apartments in Collierville have sold for a combined $16.4 million to an undisclosed out-of-town investor.
     Lea Heilig of

31. Archived Article -

7819 Crescent Ridge Lane
Memphis, TN 38133
Sale Amount: $16.3 million

Sale Date: Aug. 16, 2007

Buyer: Morgan Crescent at Wolfchase LLC

32. Archived Article -

6125 Shelby Drive
Memphis, TN 38141
Sale Amount: $13.5 million

Sale Date: July 20, 2007

Buyer: NatTennessee GP

33. Top of the Heap -

When it opened with a bang in 1935, the parade of dignitaries, airplanes overhead and boats drifting along the Mississippi River no doubt made for quite a spectacle.

Today, something similar is occurring along Riverside Drive, which remains an upscale, well-maintained "front door" of the city some 70 years after its unveiling. Several real estate projects are bringing new townhomes, condominiums and streetscape improvements to the area.

34. Archived Article: Lead - Minnesota-Based Firm Enters Market

Minnesota Firm Enters Memphis Market

Multifamily developer prepares to start project in Frayser

LANCE ALLAN

The Daily News

A Minnesota company with experience in developing affordable housing and ass...

35. Archived Article: Carolinas (lead) - N.C. developers eye Midtown apartments for condominiums

N.C. developers eye Midtown apartments for condominiums

By ANDREW BELL

The Daily News

A North Carolina-based property investor has architectural changes in store for some vintage Mi...

36. Archived Article: Apartments (lead) - Two apartment complexes sold

Two apartment complexes sold

By ANDREW BELL

The Daily News

Caring Apartment Professionals Real Estate Investment Trust, or CAPREIT, a Rockville, Md.-based company that invests in multifamily residential devel...

37. Archived Article: Sycamore Rdg P.2 - By SUZANNE THOMPSON Chicago firm buys northeast Memphis apartments By SUZANNE THOMPSON The Daily News The Village of Sycamore Ridge, a 114-unit townhouse property located at 1945 Everetts Folly in Raleigh/Bartlett is now under new ownership. Capreit...

38. Archived Article: Back-resortquest - ResortQuest International Enters ResortQuest enters Lake Erie market ResortQuest International Inc. announced it has acquired Shoreline Properties Inc. in Port Clinton, Ohio, for a combination of cash and stock. The acquisition the companys the thir...

39. Archived Article: Real Briefs - Fogelman Management has taken over the management of Poplar Place Apartments, a 220-unit, multi-family apartment community in East Memphis Fogelman Management has taken over the management of Poplar Place Apartments, a 220-unit, multi-family apartme...