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Editorial Results (free)

1. Developer Files Permit for Graceland-Area Hotel -

3411 Elvis Presley Blvd.
Memphis, TN 38116
Permit Cost: $3.5 million

2. Hotel Owner Files $3 Million Loan -

The new owner of the Inn at Thousand Oaks hotel at 2700 S. Perkins Road in Parkway Village has filed a $3 million loan on the property.

3. Perkins Hotel Sells After Foreclosure -

2700 S. Perkins Road
Memphis, TN 38118
Sale Amount: $2.2 million

Sale Date: May 23, 2014
Buyer: HC Memphis LLC
Seller: Douglas M. Alrutz, successor trustee
Details: The Inn at Thousand Oaks hotel at 2700 S. Perkins Road in Parkway Village has sold for $2.2 million following a first-run foreclosure notice filed earlier this year.

4. Perkins Hotel Sells After Foreclosure -

The Inn at Thousand Oaks hotel at 2700 S. Perkins Road in Parkway Village has sold for $2.2 million following a first-run foreclosure notice filed earlier this year.

5. Warehouse Sells for $7 Million Following Foreclosure -

The 474,480-square-foot warehouse at 6125 E. Shelby Drive in Hickory Hill has sold for slightly less than $7 million following a foreclosure.

6. Tubing Maker Doubles Space in Willow Lake -

A Memphis-based tubing supplier is renewing its lease and more than doubling its space in a distressed Hickory Hill industrial park.

Jacob Tubing LP – the U.S. subsidiary of European modular tubing manufacturer Jacob Soehne – has renewed its 10-year lease for 20,232 square feet and expanded into an additional 30,000 square feet at Willow Lake Business Park, 3948 Willow Lake Blvd., in the Southeast industrial submarket.

7. Lender Buys Willow Lake for $26M -

Willow Lake Business Park and Corporate Park in Hickory Hill sold back to the lender for $26 million Friday, Oct. 14, on the Shelby County Courthouse steps following a foreclosure.

A single-purpose entity named 198-6 Memphis Industrial Portfolio Holdings LLC, which is related to U.S. Bank NA, bought the property from substitute trustee R. Spencer Clift III of Baker, Donelson, Bearman, Caldwell & Berkowitz PC.

8. Willow Lake Foreclosure Sale Slated for Oct. 14 -

The foreclosure sale of the 17-building, mixed-use Willow Lake Business Park and Corporate Park in Hickory Hill is slated for Friday, Oct. 14, at noon at the Shelby County Courthouse, 140 Adams Ave.

9. Foreclosure Notice Rerun for Willow Lake Park -

The planned foreclosure sale of the 17-building, mixed-use Willow Lake Business Park and Corporate Park in Hickory Hill has a new date: July 8, according to a first-run foreclosure notice in today’s Memphis Daily News and online at www.memphisdailynews.com.

10. Willow Lake Sale Moved to April 22 -

The foreclosure sale of the 17-building, mixed-use Willow Lake Business Park and Corporate Park in Hickory Hill has been postponed until April 22 at noon at the Shelby County Courthouse, 140 Adams Ave.

11. Willow Lake Sale Moved to April 8 -

The foreclosure sale of the 17-building, mixed-use Willow Lake Business Park and Corporate Park in Hickory Hill has been postponed until Friday, April 8, at noon at the Shelby County Courthouse, 140 Adams Ave.

12. Willow Lake Sale Slated for March 11 -

The foreclosure sale of the 17-building, mixed-use Willow Lake Business Park and Corporate Park in Hickory Hill has been postponed until Friday, March 11, at noon at the Shelby County Courthouse, 140 Adams Ave.

13. Willow Lake Foreclosure Sale Slated for Friday -

The foreclosure sale of the 17-building, mixed-use Willow Lake Business Park and Corporate Park in Hickory Hill has been postponed until Friday, March 4, at noon at the Shelby County Courthouse, 140 Adams Ave.

14. Willow Lake Foreclosure Sales Slated for Friday -

The foreclosure sale of the 17-building, mixed-use Willow Lake Business Park and Corporate Park in Hickory Hill has been postponed until Friday, Feb. 25, at noon at the Shelby County Courthouse, 140 Adams Ave.

15. ‘Big 3’ Reflect Local Banking Scene -

One of the most famous aphorisms about politics is that all of it is local. Bankers and other inhabitants of the finance world know the same often goes for them too.

In the run-up to the recession, financial services firms like Citigroup and Bank of America raced to gobble each other up and built sprawling financial supermarkets.

16. Business Park Slated for Auction Block -

In the past five years, real estate foreclosures have run the gamut from hospitality to retail to multifamily to high-end residential to industrial.

As the commercial market in particular continues to be plagued with record-high vacancies and downward pressure on rental rates, investors are feeling the brunt of the crisis.

17. Multiple Industrial Sites Slated for Foreclosure Sale -

U.S. Bank N.A. has filed a first-run foreclosure notice for several Memphis properties. The substitute trustee’s notice can be read in the print and online editions of The Daily News.

18. Jewell Receives Certificate of Planning -

Laura Jewell of A2H has received a certificate of planning from the American Institute of Certified Planners.

Jewell holds a bachelor's degree in landscape architecture from Mississippi State University in 2002. She has five years' experience in the planning field and more than three years' experience in landscape architecture.

19. Archived Article -

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

Sale Date: July 20, 2007

Buyer: NatTennessee GP

20. TBC-Leased FacilitySells for $13.5 Million -      A 470,000-square-foot-plus warehouse on Shelby Drive that is 100 percent leased to TBC Corp.'s Private Brands division has sold to California investors.
     NatTennessee GP, based in Westlak

21. Crumpler Road WarehouseSells for $8.9 Million -      A California-based company has bought a warehouse at 5025 Crumpler Road in phase three of Tuggle Planned Development for $8.9 million. Memphis Herb GP, which is affiliated with Sherman Oaks, Calif.-based Cardinal Industr

22. Hampton Inn-Memphis Changes Hands, Not Brands -

2700 S. Perkins Road
Memphis, TN 38118
Sale Amount: $7 million

Sale Date: Aug. 7, 2006

Buyer: VMN Memphis, LLC

23. Hampton Inn SellsFor $7 Million -      VMN Memphis LLC has bought Hampton Inn-Memphis at 2700 S. Perkins Road north of American Way from Perkins Hotel Partners LP for $7 million. Built in 1994, the 63,778-square-foot hotel has 132 units on five stories. The s

24. Elmore Road FacilitiesSell for $5.9 Million -     CP Perimeter Point East LLC has purchased manufacturing/warehouse space at 5125 and 5175 Elmore Road from Knickerbocker Properties Inc. XII for $5.9 million, then filed a $6.2 million mortgage through Countrywide Commercial Re

25. Hotels Financedfor $7.3 Million - Tennessee No. 1 LP and Tennessee No. 2 LP have financed a Fairfield Inn & Suites at 8489 U.S. Highway 64 and a SpringHill Suites at 2800 New Brunswick Road through Countrywide Commercial Real Estate Finance Inc. for $7.3 million. The hotels were quit