The Tennessee Department of General Services is set to award a statewide contract for facility management services to Jones Lang LaSalle, a company that already handles 10 percent of state office space and estimates a 15.9 percent savings if all higher education institutes participate.

2. Shelby Farms Conservancy Seeks $7.2 Million in Permits - Tuesday, February 03, 2015

6093 N Patriot Lake Blvd.
415 E. Patriot Lake Blvd.
Memphis, TN 38118
Permit Amount: $7.2 million

3. Airport Business Park Sells for $4.7 Million - Saturday, January 31, 2015

A group affiliated with a Dallas-based commercial real estate financing company has acquired Airport Business Park at a significant discount.

CRE ABP Memphis LLC, which is affiliated with Dallas-based Gearing Capital Partners Inc., bought Airport Business Park from Allegiance Realty Corp. for $4.7 million, according to a Jan. 21 warranty deed.

4. Airport Business Park Sells for $4.7 Million - Tuesday, January 27, 2015

A group affiliated with a Dallas-based commercial real estate financing company has acquired Airport Business Park at a significant discount.

CRE ABP Memphis LLC, which is affiliated with Dallas-based Gearing Capital Partners Inc., bought Airport Business Park from Allegiance Realty Corp. for $4.7 million, according to a Jan. 21 warranty deed.

5. U of M Files Permit for New Residence - Tuesday, February 26, 2013

3615 Central Ave. Memphis, TN 38111

Permit Cost: $43.5 million

Project Cost: $53 million

6. Changing Market - Wednesday, January 02, 2013

Much of 2012’s commercial real estate deals could be summed up in one of three phrases: speculative construction, institutional buyers and unusual transactions.

The first quarter was kicked off when Industrial Developments International Inc. revealed plans to add one build-to-suit and two speculative buildings in its Crossroads Distribution Center in Olive Branch – marking the area’s first spec construction since 2008.

7. Makowsky Ringel Greenberg Beefs Up Commercial Team - Tuesday, December 18, 2012

Makowsky Ringel Greenberg LLC is sharpening the focus of its commercial real estate division to stabilize its existing portfolio as well as build its third-party brokerage in the Memphis market.

8. J.C. Penney Gets Rid of Hundreds of Sales - Thursday, January 26, 2012

NEW YORK (AP) – J.C. Penney is permanently marking down all of its merchandise by at least 40 percent so shoppers no longer have to wait for sales to get bargains.

Penney said Wednesday that it is getting rid of the hundreds of sales it offers each year in favor of a simpler approach to pricing. Starting on Feb. 1, the retailer is rolling out an "Every Day" pricing strategy with much fewer sales throughout the year.

9. Tubing Maker Doubles Space in Willow Lake - Friday, December 16, 2011

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.

10. Trinity Place Sells For Third Time In Five Years - Friday, July 08, 2011

A Cordova retail center is under new ownership for the third time in five years. Atlanta-based Altus Real Estate Advisors LLC has purchased Trinity Place, 7990 Trinity Road, for $2.8 million.

11. BofA Could Eventually Cut 10 Pct of Branches - Wednesday, July 29, 2009

CHARLOTTE, N.C. (AP) - Bank of America Corp. could eventually shrink its 6,100-branch network by about 10 percent as consumers utilize other methods of banking, a company spokesman said Tuesday.

12. Credit Crunch Crimps Commercial Development - Wednesday, July 23, 2008

With a vision of transforming downtown Seattle, the Clise family spent more than a century buying up key pieces of land. But the credit chaos has forced Al Clise to postpone his plans for a grand, 13-acre commercial and residential development.

13. Real-Estate Brokers Take a Real Bruising - Thursday, August 23, 2007

Brokerage firms have prospered along with commercial-real-estate markets in the past few years, reaping record profits.

But over five weeks, shares of the biggest firm, CB Richard Ellis Group Inc., have plunged 30 percent as the credit mess leads investors to predict a severe slowdown in property sales and worry that an economic slowdown could hurt leasing. Yet, some analysts and investors believe that the selloff went too far.

14. Archived Article - Tuesday, May 29, 2007

15 buildings in
Bartlett Industrial Park
Sale Amounts: $20.7 million; $9.4 million; $2.9 million; $1.5 million; and $1.2 million

Sale Date: May 17, 2007

15. California Investment Co. BuysBartlett Industrial Park for $36M - Wednesday, May 23, 2007
     A California-based private real estate investment company has bought McNeill Investment Co.'s 15-building portfolio in Bartlett Industrial Park for $35.8 million.
     Bartlett Logistics One

16. Archived Article - Tuesday, May 15, 2007

6525 N. Quail Hollow Road
Memphis, TN 38120
Sale Amount: $17.5 million

Sale Date: April 27, 2007

Buyer: Memphis-NCR LLC

17. Archived Article - Tuesday, February 27, 2007

Airport Business Park
North of Democrat Road
Sale Amount: $13.8 million

Sale Date: Feb. 21, 2007

18. Airport Business ParkSells for Nearly $14 Million - Monday, February 26, 2007
     A real estate investment firm based in Charlotte, N.C., has entered the Memphis market with the purchase of Airport Business Park.
     Allegiance Realty Corp., under the names Airport Busin

19. Archived Article - Tuesday, February 13, 2007

3800-3810 Hacks Cross Road
Memphis, TN 38125
Sale Amount: $6.9 million

Sale Date: Jan. 24, 2007

20. Triple Net PropertiesBuys Lenox Park - Tuesday, January 09, 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

21. Archived Article: Real Review - Tuesday, November 16, 1999
Real Review 11-16-99 Clark & Clark completes sale of 717 White Station Road By LAURIE JOHNSON The Daily News Local real estate firm Clark & Clark completed the sale last week of its building at 717 White Station Road to a locally based priva...

22. Archived Article: Real Briefs - Tuesday, May 04, 1999
Mid-America Apartment Communities Cornerstone Suburban Office LP, a Hartford, Conn.-based real estate investment company, has sold its 123,265-square-foot Lakecrest II office building to LaSalle Advisors Capital Management Inc. LaSalle also owns Lak...

23. Archived Article: Lasalle Acquisition Lj - Friday, July 11, 1997
By LAURIE JOHNSON LaSalle Advisors buys two Memphis office properties By LAURIE JOHNSON The Daily News One of the countrys largest real estate service and investment groups has closed a $22 million deal for two office properties in Memphis. LaSalle ...