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Editorial Results (free)

1. FedExFamilyHouse Breaks Ground on $12M Expansion -

918 Poplar Ave.
Memphis, TN 38105

Project Cost: $12 million 

Owners: Le Bonheur Children’s Hospital and FedEx

2. Permit Filed for Car Wash Near Audubon Park -

A $1.2 million building permit application was filed with the city-county Office of Construction Code Enforcement for a new car wash in near Audubon Park.

The application for an automated car wash tunnel with self-service columns cites 1202 Getwell Road as the address.

3. Poplar Ave. Car Wash Sells for $2.5 Million -

The Boomerang Carwash at 4831 Poplar Ave. has sold for $2.5 million

Arkansas-based Washpop LLC purchased the property from Bailey’s Tunnel Wash LLC in a Dec. 23 warranty deed. In conjunction with the sale, Washpop filed a five-year, $2.5 million mortgage with First Capital Bank.

4. Poplar Ave. Car Wash Sells for $2.5 Million -

The Boomerang Carwash at 4831 Poplar Ave. has sold for $2.5 million

Arkansas-based Washpop LLC purchased the property from Bailey’s Tunnel Wash LLC in a Dec. 23 warranty deed. In conjunction with the sale, Washpop filed a five-year, $2.5 million mortgage with First Capital Bank.

5. Belz Sells Champion Hills Office Building for $7.8M -

3725 Champion Hills Drive
Memphis, TN 38125
Sale Amount: $7.8 million

Sale Date: Oct. 8, 2015
Buyer: Champion Hills Realty Holdings LLC
Seller: Belz Investco GP
Loan Amount: $5.5 million
Loan Date: Oct. 5, 2015
Lender: C-III Commercial Mortgage LLC
Details: Belz Enterprises made another big real estate deal on the tail of its recent announcement to redevelop the corner of McLean Boulevard and Union Avenue into a mixed-use development.

6. Arlington Car Wash Sells for $3 Million -

The Boomerang Carwash located at 9809 Highway 64 in Arlington sold for $3 million on Sept. 30.

Scottsdale Ariz.-based Spirit Master Funding X LLC purchased the 3,150-square-foot property located on Highway 64 just west of North Houston Levee Road.

7. Arlington Car Wash Sells for $3 Million -

The Boomerang Carwash located at 9809 Highway 64 in Arlington sold for $3 million on Sept. 30.

Scottsdale Ariz.-based Spirit Master Funding X LLC purchased the 3,150-square-foot property located on Highway 64 just west of North Houston Levee Road.

8. Woods at Ridgeway Apartments Sell for $18.5 Million -

6277 Lake Arbor Drive and 6206 Knight Arnold Road
Memphis, TN 38115
Sale Amount: $18.5 million

9. Arizona REIT Buys Three Properties for $6.4 Million -

An Arizona-based real estate investment trust has snatched up three Memphis-area car wash facilities for $6.4 million.

Store Master Funding VII LLC, an affiliate of Scottsdale-based STORE Capital, acquired the properties at 1565 N. Germantown Road, 5795 Raleigh Lagrange Road and 4234 Hacks Cross Road from Little Rock, Ark.-based Baileys Tunnel Wash LLC, according to three March 16 warranty deeds.

10. Arizona REIT Buys Three Properties for $6.4 Million -

An Arizona-based real estate investment trust has snatched up three Memphis-area car wash facilities for $6.4 million.

Store Master Funding VII LLC, an affiliate of Scottsdale-based STORE Capital, acquired the properties at 1565 N. Germantown Road, 5795 Raleigh Lagrange Road and 4234 Hacks Cross Road from Little Rock, Ark.-based Baileys Tunnel Wash LLC, according to three March 16 warranty deeds.

11. Wright Medical Buys Arlington Bldg. For Distribution Needs -

11481 Gulf Stream Ave.
Arlington, TN 38002
Sale Amount: $1.6 Million

Sale Date: Oct. 29, 2009
Buyer: Wright Medical Technology Inc.
Seller: Covington Furniture Manufacturing Co.
Details:  Wright Medical Group Inc. has bought a 56,340-square-foot building at 11481 Gulf Stream Ave. near its Arlington campus to increase distribution capacity. Operating in the transaction as Wright Medical Technology Inc., the company paid $1.6 million for the building, which was completed in 1973 and sits on 4.29 acres near the intersection of Tenn. 385 and U.S. 70.

12. SunShine Car Wash Slated For Poplar and Colonial -

SunShine Carwash Partners LLC has bought the parcel at 4831 Poplar Ave. in East Memphis with plans to build a tunnel wash facility there. The company on Oct. 30 paid $500,000 for the property from BCH Investments LLC and on the same day filed a $1 million loan through Landmark Community Bank.

13. Redevelopment Ahead for Poplar-Colonial Intersection -

Change is coming to a busy East Memphis intersection, where a car wash will soon be built as the first piece of a larger redevelopment plan.

SunShine Car Wash is planning a new facility at the southeast corner of Poplar Avenue and Colonial Road, on land the company’s owners recently acquired. Last month a group called BCH Investments LLC bought three parcels – 4811, 4825 and 4831 Poplar Ave. – for $1.4 million.

14. Microsoft Warns Of Computer Security Hole -

Microsoft Corp. has taken the rare step of warning about a serious computer security vulnerability it hasn’t fixed yet.

15. Car Wash USA Refis Summer Ave. Loan -

Car Wash USA Express has filed a $1.8 million loan through First State Bank for its car wash at 4349 Summer Ave., at the corner of Summer and Waring Road in Berclair. Operating locally as Car Wash USA Express 4349 LLC, the Byhalia-based company took out the loan May 12, a refinance of a construction loan from May 2008.

16. New Car Wash USA Slated for Summer Ave. -

Car Wash USA Express has filed a $1.8 million construction loan to build a car wash at 4349 Summer Ave., at the corner of Summer and Waring Road.

Operating locally as Car Wash USA Express 4349 LLC, the Byhalia-based company took out the loan May 16 through First State Bank.

17. Car Wash USA to OpenNew Collierville Location -      Car Wash USA LLC has bought an existing car wash at 161 Byhalia Road in Collierville from GRL Investors LLC for $325,000. In conjunction with the sale, Car Wash USA took out a loan from Paragon National Bank for $1.6 mil

18. Holley Distributors Delivers 'Fast-Food Car Washing' -

Kerry Sewell can remember a time when visiting a fast-food restaurant meant time spent with family. As a child, his parents would take him to McDonald's. And back then, he said, that was a big deal.

19. Archived Article -

Collierville Crossing
Shopping Center
Sale Amount: $15.4 million

Sale Date: Aug. 10, 2007

Buyer: MCW-RD Collierville Crossing LLC

20. Mississippi Co. BuildsLocal 'Tunnel Washes' -      Car Wash USA has filed a construction loan for an express tunnel car wash at 3405 Austin Peay Highway, the latest of several Car Wash USA locations in the Memphis area. Working under the name Car Wash USA Express 3405 LL