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. One Beale, St. Jude, Sedgwick Projects Move Forward - Monday, June 4, 2018

263 Wagner Place, Memphis, TN 38103: Carlisle Corp.’s expanded plans for One Beale received unanimous approval from the Center City Revenue Finance Corp. on Tuesday, May 29.

3. Trey Carter Honored Among Top 35 Millennial Influencers - Wednesday, March 7, 2018

Patrick “Trey” Carter III has been named one of the Top 35 Millennial Influencers in the Country by the Next Big Thing Movement, a global network of more than 20,000 young professionals and creatives. Carter, president of Olympic Career Training Institute and an active community volunteer, is the only Tennessean to be included on the list. He will be honored Saturday, March 10, at NBTM’s Forward Conference in New York City alongside other influencers, including “The Daily Show” host Trevor Noah, Teen Vogue editor Elaine Welteroth and YouTube vlogger Tyler Oakley.

4. Tennessee Taco Opens in Former Los Compadres Space - Monday, September 11, 2017

3295 Poplar Ave.
Memphis, TN 38111

5. The Buying And Selling Of Memphis - Saturday, May 27, 2017

Even before he went to federal prison for 25 years on a racketeering conviction in 1995, Danny Owens had a real estate portfolio. The strip-club kingpin who defined the industry in Memphis across a 20-year period owned the old Memphian movie theater and made possible its 1986 sale to Playhouse on the Square by donating $160,000 toward its purchase.

6. Memphis Office Market Off to Good Start - Thursday, April 20, 2017

Though small to mid-sized leases comprised the majority of leasing activity, the Memphis area office market got off to a healthy start in 2017, according to Cushman & Wakefield/Commercial Advisors’ first quarter Marketbeat report.

7. 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

8. 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.

9. 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.

10. Council Auctions Old Police Building - Tuesday, May 17, 2016

The city holds a rare auction at the Tuesday, May 17, session of the Memphis City Council, selling the old Central Police building at 128 Adams Ave. to the highest bidder.

11. $12.6M Building Permit For New Ballet Memphis HQ - Thursday, April 21, 2016

2144 Madison Ave.
Memphis, TN 38104
Permit Amount: $12.6 million

Owner: Ballet Memphis
Tenant: Ballet Memphis
Architect: Archimania
Contractor: Grinder, Taber & Grinder
Details: Ballet Memphis is setting the stage for its Overton Square headquarters as Grinder, Taber & Grinder recently applied for a $12.6 million building permit for new construction.

12. Beale Authority Encounters Familiar Headwinds - Monday, March 21, 2016

Somewhere near the beginning of the Thursday, March 17, meeting of the Beale Street Tourism Development Authority, Caren Nichol talked about how unique the entertainment district is because of its cultural and historical importance.

13. Beale Authority Reopens Management Firm Search, Draws Fire - Friday, March 18, 2016

The Beale Street Tourism Development Authority has decided to reopen the process for finding a manager for the entertainment district, putting off the selection of a firm possibly until September.

In seeking new proposals by the end of June, the authority voted to keep the proposals from four companies the group has been reviewing for several months and allow those companies to amend their proposals if they wish.

14. Memphis Leaders Taking New Offers for Old Police HQ - Wednesday, March 16, 2016

The city of Memphis now has three offers to buy the old Central Police Station at 128 Adams Ave. and renovate it as a hotel. It will likely have even more offers by the time the Memphis City Council decides who, if anyone, to sell the circa-1910 building to at its April 19 meeting.

15. Beale Street Management Firm Possibly On March Agenda - Monday, February 22, 2016

The Beale Street Tourism Development Authority may be ready to pick a day-to-day manager for the entertainment district at its March 10 meeting.

But after meeting with leaders of the four companies who have formally applied for the job, members of the authority said last week they have a lot of information and are looking for some more detail before making a decision.

16. Four Beale Street Proposals Feature Different Backgrounds - Monday, January 18, 2016

Jeff Sanford fielded inquiries from 17 or 18 companies, local and out of town, expressing some level of interest in the contract to manage the Beale Street entertainment district.

17. 4 Applicants Up for Beale Street Gig - Friday, January 15, 2016

A Fortune 500 corporation, the Memphis-based company behind the Delta Fair, a Memphis real estate management firm with office experience, and a newly formed group of Memphians with experience in real estate, entertainment and restaurants as well as commercial development and financing. Those are the four companies that have applied to manage the Beale Street entertainment district.

18. Mall of Memphis Property Bought by Trucking Company - Tuesday, January 5, 2016

113-Acre Former
Mall of Memphis Site
Sale Amount: $3.9 million

Sale Date: Dec. 29, 2015
Buyer: TAG Real Estate Holdings LLC
Seller: Memphis Industrial Properties LLC (Johnson Development Associates Inc.)
Loan Amount: $23 million
Loan Date: Dec. 29, 2015
Lender: Mercedes-Benz Financial Services USA LLC
Details: The 113-acre former Mall of Memphis property has a new owner. TAG Real Estate Holdings, an affiliate of Memphis-based TAG Truck Enterprises LLC, paid $3.9 million, or $34,513 an acre, to buy the property from Johnson Development Associates Inc., acting as Memphis Industrial Properties LLC.

19. Former Highwoods COO Retires, Then Promptly Starts New Career in Memphis - Friday, October 2, 2015

Mike Harris’ idea of retirement doesn’t involve the golf course, free time or carefree travel.

20. Biomedical Company Expanding in Southeast Memphis - Friday, July 17, 2015

Cognate Bioservices Inc. is launching a 32,500-square-foot expansion at its manufacturing facility at 4600 E. Shelby Drive in southeast Memphis near Lamar Avenue.

21. Snapshot: Memphis-Based Public Companies - Saturday, May 30, 2015

Here's a look at what's going on at the dozen public companies headquartered in Memphis:

AutoZone Inc.

AutoZone Inc. is one of the largest auto parts retailers and distributors in the U.S., with a store count of 5,476 as of Feb. 14. Since 1998, the company has repurchased $15.7 billion worth of its own shares. At the end of March, AutoZone continued its share buyback program with the authorization to buy back another $750 million in company stock. The company followed that news with plans to pursue a $650 million debt offering to be used for “general corporate purposes.” – Andy Meek

22. REIT Acquires Three Hotels for $39.6 Million - Tuesday, April 14, 2015

7905 Giacosa Place, 5320 Poplar Ave. and 7855 Wolf River Boulevard
Memphis, TN
Sale Amount: $39.6 million

23. Pinnacle Awards Honor Commercial Real Estate Standouts - Monday, April 13, 2015

The local commercial real estate community gathered at the Memphis Botanic Garden Thursday, April 9, for the 14th annual Pinnacle Awards. Every year, the Memphis Area Association of Realtors Commercial Council honors its members based on their transactional volume, merit and community activity.

24. Chicago-Based LivCor Snaps Up Memphis Apartment Community - Tuesday, March 17, 2015

9230 Thornbury Boulevard
Memphis, TN 38125
Sale Amount: $51.3 million

Sale Date: Feb. 27, 2015
Buyer: BRE Piper MF Forest Creek TN LLC, an affiliate of Chicago-based LivCor LLC,
Seller: Forest Creek Apartment Associate LLC and Forest Creek Land Associates LLC, affiliates of Carter Hastin Real Estate Services Inc.
Loan Amount: $44.2 million
Loan Date: Feb. 27, 2015
Lender: Wells Fargo Bank
Details: The Preserve at Forest Creek Apartments in Southeast Memphis has been sold for $51.3 million.

25. Wave of New Retail Construction Boosts Contractors - Saturday, March 7, 2015

Retail development in the Memphis area is booming in what construction and retail officials describe as the most active period for retail construction since the recession, with everything from a massive outlet mall in Southaven to grocery stores and smaller, traditional retail centers going up.

26. Bank of Bartlett Buys Germantown Property - Tuesday, January 13, 2015

1870 Kirby Parkway
Germantown, TN 38138
Sale Amount: $4.1 million

Sale Date: Dec. 29, 2014
Buyer: Bank of Bartlett
Seller: Spence Ray
Details: Bank of Bartlett has bought back a site on Kirby Parkway in Germantown for $4.1 million.

27. Green Hills in Full Boom Despite Traffic Woes - Saturday, November 22, 2014

Stephen Graw first moved to Green Hills in 2004 right after college, renting a house with a bunch of buddies from school. Like his neighborhood, he’s done a lot of growing in the last decade and is now a senior advisor at Sperry Van Ness Nashville and on the Chamber West Leadership Council.

28. Marx-Bensdorf Expands in East Memphis - Friday, September 19, 2014

A prominent Memphis realty company has expanded its presence in East Memphis. Marx-Bensdorf Realtors has grown in the office building at 5860 Ridgeway Loop Blvd. by 526 square feet, bringing its total to 4,653 square feet.

29. FedEx Decides Not to Renew a Renaissance Center Lease - Thursday, September 4, 2014

FedEx has decided not to renew a lease at a prominent East Memphis office building.

FedEx Services is not renewing a roughly 11,000-square-foot lease at the 189,644-square-foot Renaissance Center office building at 1715 Aaron Brenner Drive that expires Oct. 1. Employees affected by the decision will be moved to FedEx facilities, part of a broader consolidation and efficiency plan the company has been pursuing.

30. Knowledge Tree Buys Cordova Retail Center - Tuesday, July 22, 2014

8195 Dexter Road
Memphis, TN 38016
Sale Amount: $1.3 million

Sale Date: July 8, 2014
Buyer: K Tree LLC
Seller: 8195 Dexter Road LLC
Loan Amount: $1.5 million
Loan Date: July 11, 2014
Maturity Date: N/A
Lender: First Tennessee Bank NA
Details: An affiliate of the Knowledge Tree learning center has paid $1.5 million for the 28,575-square-foot shopping center at 8195 Dexter Road in Cordova.

31. Gestalt Schools Signs Lease in Hickory Hill - Friday, June 20, 2014

A charter school operator has inked a lease for space on Winchester Road in Hickory Hill.

Gestalt Community Schools has leased 57,000 square feet of space at 5360 Winchester Road inside the Mendenhall Square shopping center.

32. Market Mystery - Saturday, April 5, 2014

Over the last several years, investors ranging from mom-and-pop shops to large hedge funds have been acquiring single-family homes in Memphis at a historic pace.

But determining the long-term impact that investor purchases have made on neighborhoods remains elusive.

33. Lakecrest II Sells for $4.6 Million - Friday, March 7, 2014

The Lakecrest II office building in East Memphis has changed hands again.

Southland Primacy LLC acquired the 129,104-square-foot office building at 6055 Primacy Parkway from Jefferson-Pilot Investments Inc. Feb. 28 for $4.6 million.

34. MalmoMemphis Completes Three Law Firm Leases - Friday, February 28, 2014

Three Memphis law firms represented by MalmoMemphis Real Estate Inc. have renewed their office leases or leased new spaces.

35. New Life - Saturday, January 18, 2014

When Rob Clark and his wife moved into their home in the historic Evergreen neighborhood in 1993, catalog and distribution operations were still active at the Sears Crosstown building.

That soon changed, and for roughly two decades the hulking property stood as a towering, painful reminder of the area’s faded glory.

36. New Life - Monday, January 20, 2014

When Rob Clark and his wife moved into their home in the historic Evergreen neighborhood in 1993, catalog and distribution operations were still active at the Sears Crosstown building.

That soon changed, and for roughly two decades the hulking property stood as a towering, painful reminder of the area’s faded glory.

37. Oakhaven Warehouse Sells for $1.2 Million - Tuesday, January 7, 2014

4300 Air Trans Road
Memphis, TN 38118
Sale Amount: $1.2 million

Sale Date: Dec. 17, 2013
Buyer: Chob Realty LLC
Seller: Tenn Trans LLC
Loan Amount: $950,000
Loan Date: Dec. 19, 2013
Maturity Date: N/A
Lender: BankPlus
Details: The 109,626-square-foot warehouse at 4300 Air Trans Road in Oakhaven has traded hands for $1.2 million.

38. Stonebrook Apartments Owner Files $4.6 Million Loan - Monday, January 6, 2014

The owner of the 244-unit Stonebrook Apartments at 6371 Winchester Road in Hickory Hill North has filed a $4.6 million loan on the property.

39. Wenco Files Construction Loan for Volvo of Memphis - Tuesday, November 19, 2013

7910 Trinity Road
Cordova, TN 38018
Loan Amount: $4.2 million

Loan Date: Nov. 7, 2013
Maturity Date: n/a
Borrower: Wenco Properties LLC
Lender: Wells Fargo Bank NA
Details: Wenco Properties LLC has filed a $4.2 million construction loan through Wells Fargo Bank for the Volvo of Memphis dealership it is building at 7910 Trinity Road in Cordova.

40. Levenger Leases Up EastPark IV - Friday, December 14, 2012

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.

41. Bioventus Inks Deal for 40,000 Square Feet - Thursday, November 22, 2012

A Durham, N.C.-based biologics company is relocating its Memphis presence, signifying a boon to the Northeast office submarket.

Bioventus LLC has inked 38,880 square feet of office and manufacturing space in Goodlett Farms Business Campus, 1900 Charles Bryan Road, in Cordova.

42. Brinkley Plaza Sells to Olymbec for $7.2 Million - Monday, October 29, 2012

Downtown’s Brinkley Plaza has sold for $7.2 million to a Canadian real estate investment firm.

Montreal-based Olymbec USA LLC, an entity of Olymbec Corporate Group, acquired the 219,557-square-foot tower at 80 Monroe Ave., its ground lease and the adjacent 300-space covered parking garage.

43. Brinkley Plaza Sells to Olymbec for $7.2M - Friday, October 26, 2012

Downtown’s Brinkley Plaza has sold for $7.2 million to a Canadian real estate investment firm.

Montreal-based Olymbec USA LLC, an entity of Olymbec Corporate Group, acquired the 219,557-square-foot tower at 80 Monroe Ave., its ground lease and the adjacent 300-space covered parking garage.

44. J.D. Byrider Brings First Franchise To Memphis - Friday, October 26, 2012

The nation’s largest used car franchise company has entered the Memphis market. Carmel, Ind.-based J.D. Byrider has inked 30,900 square feet at 2580 Mount Moriah Road, marking the company’s second Tennessee dealership.

45. Nashville Company Buys Wolf River Medical Building for $11 Million - Tuesday, October 16, 2012

8040 Wolf River Blvd.
Germantown, TN 38138
Sale Amount: $11 million

Sale Date: Oct. 9, 2012
Buyer: HRT of Tennessee Inc.
Seller: Bayrock Investment Co. LLC
Details: HRT of Tennessee Inc., an affiliate of Nashville-based Healthcare Realty Trust Inc., has paid slightly less than $11 million for the medical office building at 8040 Wolf River Blvd. in Germantown.

46. Lease Brings New Breed Footprint to 3 Million Feet - Friday, October 12, 2012

New Breed Inc. is enhancing its Memphis operations with a new distribution warehouse lease in the Southeast industrial submarket.

47. LSI Buys Flex Space to Expand - Friday, August 24, 2012

A northeast industrial flex warehouse in Appling Center Industrial Park has been snatched up by an expanding Bartlett-based engineering firm.

Larry W. Bailey, trustee of the Bailey Children’s Trust, bought the 30,397-square-foot facility and its 2.55 acres at 2756 Appling Center Cove for $1.5 million.

48. New York REIT Buys Williams-Sonoma Distribution Center - Thursday, August 23, 2012

American Realty Capital Trust III Inc., a New York-based real estate investment trust, has acquired the 1.1 million-square-foot Williams-Sonoma distribution center in Olive Branch for $52.4 million, or $47 per square foot, from a private investor.

49. New York REIT Buys Williams-Sonoma Distribution Center - Wednesday, August 22, 2012

American Realty Capital Trust III Inc., a New York-based real estate investment trust, has acquired the 1.1 million-square-foot Williams-Sonoma distribution center in Olive Branch for $52.4 million, or $47 per square foot, from a private investor.

50. 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.

51. New Network Affiliation Bolsters Investec Realty - Monday, April 2, 2012

Commercial real estate firm Investec Realty Services has broadened its reach beyond the Memphis market thanks to a partnership with the international network of Sperry Van Ness.

A recent franchise affiliation increases the company’s footprint from 10 brokers in Tennessee to more than 700 affiliates in 145 markets, plus another 35,000 brokers who subscribe to the Sperry Van Ness network.

52. Grinding it Out - Monday, February 6, 2012

After most recessions, real estate bounces back.

But the Great Recession has been notably different – long, deep and very prolonged.

That’s the message Dr. John Gnuschke, director of the Sparks Bureau of Business and Economic Research and co-director of the Center for Real Estate at the University of Memphis, delivered in December at the Urban Land Institute’s Real Estate Outlook for the Mid-South.

53. C-III Capital Acquires NAI Global - Tuesday, January 31, 2012

The parent company of Memphis-based NAI Saig Co. has been acquired by an Irving, Texas-based real estate investment and special loan servicing firm for an undisclosed amount.

54. That's a Wrap - Monday, January 2, 2012

If the grand sweep of 2011 could be captured on celluloid and presented to an audience on the big screen, all the components of a great film would be readily apparent.

There was drama, in the form of a deluge and historic flooding that led the Mississippi River to crest at nearly 48 feet early in the year. One of the year’s big surprises saw President Barack Obama give the commencement address for the Booker T. Washington High School class of 2011 at the Memphis Cook Convention Center.

55. CRE Activity Stays Strong During 2011 - Friday, December 30, 2011

Despite hard times, local commercial real estate firms were able to ink plenty of deals in the past 12 months.

Memphis’ industrial leasing activity kicked off in January when Buena Park, Calif.-based Pacific Logistics Corp. signed a 60,000-square-foot lease in ProLogis Park DeSoto for its first Memphis-area location.

56. Green Shoots - Monday, November 28, 2011

As the local commercial real estate market approaches the end of 2011, experts say it appears to be in line with national fundamentals for secondary and tertiary markets.

Shelby County commercial sales in the third quarter were the highest sales volume since Q3 2007, with $259 million, according to real estate information company Chandler Reports, www.chandlerreports.com.

57. Preserve at Southwind Apts. Sell for $22.2 Million - Tuesday, October 25, 2011

7991 Capilano Drive
Memphis, TN 38125
Sale Amount: $22.2 million

Sale Date: Oct. 12, 2011

58. Preserve at Southwind Sells for $22.2 Million - Thursday, October 20, 2011

The Preserve at Southwind apartment complex has sold for $22.2 million. G&I VII Preserve at Southwind LLC, an affiliate of New York-based DRA Advisors LLC, bought the 306-unit complex from 7991 Capilano Drive Holdings LLC. The purchase was financed with a $15.4 million loan through CW Capital LLC.

59. Former French Village Apts. Sell for $2.8 Million - Tuesday, July 12, 2011

4055 Summer Ave.
Memphis, TN 38122
Sale Amount: $2.8 million

Sale Date: June 30, 2011

60. 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.

61. Davis-Kidd Owner Inks New Lease - Friday, April 29, 2011

One of Memphis’ most celebrated booksellers is here to stay. The new owner of Davis-Kidd Booksellers signed a 22,000-square-foot lease Tuesday at 387 Perkins Road Extended in Laurelwood Shopping Center for 10 years as first reported in The Daily News. The lease will begin Friday.

62. Popular Burger Chain Moves Into Memphis - Friday, March 11, 2011

After years of Five Guys Burgers and Fries having a presence in the Nashville and Knoxville areas, the chain is setting up shop in one of Memphis’ most densely populated areas.

Jubilee Restaurant Group LLC, owner of the franchise, signed a 2,882-square-foot lease in Primacy Place, 1615 Ridgeway Road.

63. Electrolux Officials Sign Downtown Office Lease - Friday, March 4, 2011

Before it builds a new manufacturing plant at Frank C. Pidgeon Industrial Park, Electrolux will set up shop in Memphis with a Downtown office.

The Swedish appliance maker has signed a 14,000-square-foot lease at One Commerce Square, 40 S. Main St., where it will occupy the building’s entire 24th floor.

64. Collierville Office Building Sells for $1.3M in Foreclosure - Tuesday, December 28, 2010

472 W. Poplar Ave.
Collierville, TN 38017
Sale Amount: $1.3 million

Sale Date: Dec. 14, 2010
Buyer: First Citizens National Bank
Seller: Ralph Henson, trustee
Orig. Borrower: Loyal Featherstone Realtors Inc.
Orig. Lender: First Citizens National Bank
Orig. Loan Amount: $1.6 million
Orig. Loan Date: March 7, 2007
Orig. Maturity: March 7, 2008

65. Investors to Pump $3M Into Hotel Renovation - Thursday, December 23, 2010

When Jay Michael and Alex Samoylovich make an impulse purchase, they’re not talking about candy bars in the checkout lane.

66. Colliers Sells Property to Union Forklift - Friday, October 22, 2010

Colliers International recently sold an 18,750-square-foot building in the Perimeter Point Business Park, 2188 Spicer Cove.

67. Shoppes at Misty Meadows Sells to Hariom Enterprise - Tuesday, October 19, 2010

3810 Hacks Cross Road
Memphis, TN 38125
Sale Amount: $1.9 Million

Sale Date:Sept. 22, 2010
Buyer:Hariom Enterprise Inc.
Seller:The Bank of New York Mellon Trust Co. NA, as trustee for Morgan Stanley Capital I Inc. commercial mortgage pass-through certificates, series 2007-IQ14
Loan Amounts:$950,000; $760,000
Loan Dates:Oct. 8, 2010
Maturity Dates:Oct. 8, 2020; April 8, 2011
Lender:Landmark Community Bank

68. MAAR Commercial Council Welcomes New Board Members - Monday, August 16, 2010

The Memphis Area Association of Realtors Commercial Council held its annual board of directors meeting Thursday, approving three new members for its 2011 board.

Greg deWitt of Grubb & Ellis Co. will take over one of the council’s director seats next year before becoming the council’s vice president in 2012. He will inherit the seat occupied by John Mercer of Highwoods Properties in 2011.

69. Gill Enterprises Sells Land to CVS for Cordova Pharmacy - Tuesday, August 3, 2010

786 N. Germantown Parkway
Cordova, TN 38018
Sale Amount: $2.2 Million

Sale Date: July 28, 2010
Buyer: CVS 6628 TN LLC
Seller: Gill Enterprises GP

70. Realizing Dreams - Tuesday, July 6, 2010

William Adair’s quad-cab, four-wheel-drive pickup truck is splattered with mud. The office where he parks it out back, a converted country home at the corner of Tenn. 196 and U.S. 72, is littered with maps.

71. Colvett Named Greenscape President - Wednesday, March 17, 2010

Frank Colvett Jr. has been promoted to president of GreenScape Inc.

Colvett previously was executive vice president and corporate treasurer. He has been at GreenScape since 1992 and has served in various capacities including project manager, estimator and vice president of marketing.

72. Local CRE Market Falters in February - Tuesday, March 16, 2010

All the talk about commercial real estate’s doldrums is bolstered by Shelby County’s latest numbers, which underscore how much the sector is still hurting.

Because of tightened lending guidelines and companies’ hesitance to make real estate moves, the numbers continue to shrink with each month of the recession.

73. Lightman Files Permit for Retail Center - Tuesday, February 2, 2010

7706 Winchester Road
Memphis, TN 38125
Permit Amount: $1 Million

Project Cost: $3 million
Permit Date: Applied January 2010
Completion: Late summer
Owner: Michael Lightman Realty LLC
Tenant: TBD
Contractor: Linkous Construction Co. Inc.
Architect: Al Davidson of Davidson LLC

74. Buena Vista Apartments in Frayser Foreclosed, Sold to Atlanta Company - Monday, January 18, 2010

3431 N. Trezevant St.
Memphis, TN 38127
Sale Amount: $1.3 Million

Sale Date: Jan. 12, 2010
Buyer: Tritex Real Estate Advisors Inc.
Seller: Emily Bowman, successor trustee

75. Commercial Real Estate Hits Doldrums - Friday, December 18, 2009

When it comes to trends, commercial real estate usually lags residential real estate, sometimes by as much as a year. So with the housing market showing its first signs of improvement during the last month or so, the commercial sector needs to prepare itself for a long, bumpy road to recovery.

76. Lending Biz At a Standstill - Friday, December 18, 2009

Rick Wood, senior vice president for Financial Federal Savings Bank, recently gave a speech about the drastic decline in institutional lending for commercial real estate loans.

77. Lit Refrigeration Set to Bring ‘Jr.’ Version of Store to Whitehaven - Tuesday, September 1, 2009

1665 Winchester Road
Memphis, TN 38116
Sale Amount: $500,000

Sale Date: Aug. 18, 2009
Buyer: Noble Partners Winchester LLC
Seller: Remark Chism
Loan Amount: $400,000
Loan Date: Aug. 18, 2009
Maturity Date: N/A
Lender: SunTrust Bank

78. Commercial Real Estate Pocked by Financial Ruins - Monday, August 3, 2009

Commercial real estate deals used to be hammered out in boardrooms, but with the rise of foreclosures in that sector, many of them are now being negotiated at the courthouse.

The steps of the Shelby County Courthouse proved to be a hot spot for high-dollar, high-profile commercial deals in June, a month that saw the most lucrative transaction and two of the top three sales occur following foreclosures.

79. Barboro Flats Developer To Begin Second Phase - Tuesday, July 21, 2009

100 S. Main St.
Memphis, TN 38103
Permit Amount: $8 Million
Project Cost: $18.2 million
Permit Date: Applied July 2009
Completion: Summer 2010
Owner: 100 South Main Partners
Tenant: TBA
Contractor: Montgomery Martin Contractors LLC
Architect: Looney Ricks Kiss Architects Inc.

80. Office Building Fetches $5M in Foreclosure Sale - Tuesday, July 14, 2009

The Class A office building at 6555 Quince Road in the Quince/Ridgeway area of East Memphis sold June 19 for $5 million on the steps of the Shelby County Courthouse in a substitute trustee’s deed.

81. Mixed-Use Development Slated For Southeast Shelby County - Tuesday, July 14, 2009

50 acres at Forest Hill-Irene Road and Tenn. 385
Memphis, TN 38125
Sale Amount: $4 Million

Sale Date: June 26, 2009
Buyer: Edward Rose Development Co. LLC
Seller: Turley LP

82. Commercial Real Estate Takes a Beating - Tuesday, June 30, 2009

Commercial real estate suffered a sharp decline in May, with sales falling dramatically from the same month a year ago and the previous month.

Shelby County saw just 35 commercial sales in May, marking a 49 percent dropoff from 69 sales in May 2008 and a 35 percent dropoff from 54 sales in April, according to the latest data from real estate information company Chandler Reports, www.chandlerreports.com.

83. Commercial Real Estate Hangs on for Dear Life - Friday, March 20, 2009

The pulse of commercial real estate is barely detectable, but the fact that it’s still registering a beat is remarkable considering the trauma it’s suffered over the past year.

From March 2008 through February 2009, commercial sales in Shelby County declined 35 percent compared to the prior 12-month period, according to the latest data from real estate information company Chandler Reports, www.chandlerreports.com.

84. Keller Williams Set to Expand in Memphis - Wednesday, January 28, 2009

At a time when real estate companies everywhere are closing offices and agents are abandoning the profession, Keller Williams Realty is expanding.

85. Newly Merged Renal Firm To Improve Poplar Ave. Building - Tuesday, January 6, 2009

1333-1341 Poplar Ave.
Memphis, TN 38104
Permit Amount: $1.2 Million

Project Cost: $1.2 million
Permit Date: Applied December 2008
Completion: TBA
Owner: National Renal Alliance LLC
Tenant: National Renal Alliance LLC
Contractor: N/A
Architect: N/A

86. Dillihunt Joins Southeast Community Capital - Wednesday, December 3, 2008

Craig Dillihunt has joined nonprofit financial institution Southeast Community Capital as assistant fund manager for the Memphis Business Opportunity Fund, a partnership between the city of Memphis, local banks and SCC.

87. Houston REITs Buy $42M Share In Local Shopping Centers - Thursday, November 20, 2008

A newly formed joint venture between Weingarten Realty Investors and Hines Real Estate Investment Trust (REIT), both of Houston, has bought a majority share of two local Kroger-anchored retail centers for a combined $41.6 million.

88. LaPaloma Treatment Center To Start Building $4 Million Wing - Tuesday, July 15, 2008

1248 Lapaloma St.
Memphis, TN 38114
Permit Amount: $4 Million

Project Cost: $4 million
Permit Date: Applied July 2008
Completion: End of year
Owner: LaPaloma Treatment Center
Tenant: LaPaloma Treatment Center
Architect: Looney Ricks Kiss
Contractor: Grinder, Tabor & Grinder Inc.
Details: LaPaloma Treatment Center is preparing to break ground on a new wing for its 10-acre campus on Lapaloma Street, south of Lamar Avenue near Foster Avenue in the Defense Depot area.

89. United Liquors Corp. Sells Parkway Village Warehouse - Tuesday, July 8, 2008

4009 Air Park Cove
Memphis, TN 38118
Sale Amount: $1.5 Million

Sale Date: June 30, 2008
Buyer: TCD Co.
Seller: United Liquors Corp.
Loan Amount: $11.2 million
Loan Date: June 30, 2008
Maturity Date: June 10, 2013
Lender: Columbus Bank and Trust Co.

90. Colonial Grand Transaction Gives Boost To Local Commercial Market - Wednesday, July 2, 2008

The commercial real estate market received a much-needed boost last week when Louisville, Ky.-based NTS Realty Holdings LP followed through on its plans to buy the Colonial Grand at Shelby Farms apartment complex for $41 million.

91. NTS Realty Holdings Buys Apartments Near Shelby Farms - Friday, June 13, 2008

NTS Realty Holdings LP has entered into agreements with Colonial Realty LP and Colonial Properties Services Inc. to buy a multifamily property in Memphis known as Colonial Grand at Shelby Farms for $41 million.

92. Archived Article - Tuesday, November 13, 2007

10505 U.S. 64
Arlington, TN 38002
Sale Amount: $4.4 million

Sale Date: Nov. 2, 2007

Buyer: RMLP Lock and Latch Holdings LLC (56.7% interest) and Lock and Latch Holdings LLC (43.3% interest)

93. Peterson Named Director of Purchasing at UTHSC - Wednesday, October 3, 2007

Kenneth M. Peterson has been appointed director of purchasing for the University of Tennessee Health Science Center. Previously, Peterson was a career employee of the U.S. government, and formerly served as director of the National Acquisition Center for the Customs and Border Patrol Protection Service in the Department of Homeland Security.

94. Archived Article - Tuesday, March 20, 2007

3737 Stage-James Road
Memphis, TN 38128
Sale Amount: $4.6 million

Sale Date: Feb. 15, 2007

Buyer: Heavon Co. LLC (50 percent interest), Eastern Management & Financial LLC (45 percent) and DA Realty Holdings LLC (5 percent)

95. Archived Article - Tuesday, January 30, 2007

1645 W. Massey Road
Memphis, TN 38120
Sale Amount: $19.7 million

Sale Date: Jan. 12, 2007

Buyer: WC-Memphis LLC

96. Triple Net PropertiesBuys Lenox Park - Tuesday, January 9, 2007
     Triple Net Properties LLC, a Santa Ana, Calif.-based investment firm, has bought the Lenox Park office complex near Kirby Parkway and Tenn. 385 from limited liability companies affiliated with local development company C

97. Give 'Em Credit: Teachers' Credit Union Official Says New Branches Will Keep It Competitive - Tuesday, December 19, 2006

New MATCU Branches on
Union Avenue and White Station Road
Project Cost: Not released

Permit Date: Dec. 4, 2006

98. Archived Article: Daily Digest - Thursday, March 3, 2005
Winchester, Riverdale Land

Winchester, Riverdale Land

Financed for $27.5 Million

Michael A. Lightman Sr. has financed 38.78 acres near Winchester and Riverdale roads for $27.5 million, according to The Daily News Public Records Database, ww...

99. Archived Article: Real Recap - Tuesday, February 8, 2005
3

Kirby Gate Property Financed for $4.1 Million

2715-2725 Kirby Road

Memphis, TN 38119

Cost: $4.1 million

Borrower: 2715 Kirby Parkway LLC

Lender: UBS Real Estate Investments Inc.

Trustee: Security Title Co. Inc.

Property: 27...

100. Archived Article: Lead - Wednesday, November 3, 2004
Ann King, assett manager with Lurie & Associates

Germantown Retail Center Sees Changes

Following sale, Germantown Collection gets new management

ANDY MEEK

The Daily News

A new third-party management group has taken over management...