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Editorial Results (free)

1. Memphis Army Depot, CA Building Get New Owners -

2028 Memphis Depot Pkwy.
Memphis, TN 38114

Sale Amount: $50 million

2. Memphis Industrial Park Sells for $50 Million -

The 4.2 million-square-foot Memphis Depot Industrial Park just north of Memphis International Airport has sold for $50 million.

Atlanta-based Ares Management and Mt. Kisco, New York-based Diamond Properties bought the 43-building industrial park and former U.S. Army supply depot from Mayfield Properties, the Dallas company that had owned it since 2011 under the name Memphis Depot Associates LLC.

3. Memphis Industrial Park Sells for $50 Million -

The 4.2 million-square-foot Memphis Depot Industrial Park just north of Memphis International Airport has sold for $50 million.

Atlanta-based Ares Management and Mt. Kisco, New York-based Diamond Properties bought the 43-building industrial park and former U.S. Army supply depot from Mayfield Properties, the Dallas company that had owned it since 2011 under the name Memphis Depot Associates LLC.

4. Memphis Depot Industrial Park Sells for $50 Million -

The 4.2 million-square-foot Memphis Depot Industrial Park just north of Memphis International Airport has sold for $50 million.

Atlanta-based Ares Management and Mt. Kisco, New York-based Diamond Properties bought the 43-building industrial park and former U.S. Army supply depot from Mayfield Properties, the Dallas company that had owned it since 2011 under the name Memphis Depot Associates LLC.

5. Dave & Buster’s to Open Cordova Location -

7930 Germantown Parkway
Memphis, TN 38133 

Landlord: Brixmor Property Group 

Tenant: Dave & Buster’s 

6. Olive Branch Business Park Closer to Development -

A Texas-based development firm could start turning dirt soon on a massive new business park in Olive Branch.

Hillwood Investment Properties is expected to close on a land purchase next week that will clear the way for Legacy Park, a 265-acre distribution and business park on the south side of Goodman Road, just east of Hacks Cross Road near Polk Lane.

7. Hillview Village Apartments Sell for $5.9 Million -

2051 E. Alcy Road
Memphis, TN 38114
Sale Amount: $5.9 million

Sale Date: March 27, 2014
Buyer: 2013 Hillview LP
Seller: Alcy Partners LP
Details: The 265-unit Hillview Village Apartments at 2051 E. Alcy Road in the Defense Depot neighborhood have sold for $5.9 million.

8. New in Rural Tennessee: Discovery Park of America -

UNION CITY, Tenn. (AP) – The gleaming white building with curved exteriors and a spaceship-like tower emerges from the flat landscape of West Tennessee like something out of science fiction, but it's not a villain's lair or superhero's headquarters.

9. Meyers Returns to Roots at Glankler Brown -

Robert Meyers has joined Glankler Brown PLLC as a member, and it isn’t his first time around this block. He worked for the firm as a newly licensed attorney right out of law school.

10. New Jersey Firm Buys Pendleton Place Apartments -

1780 Pendleton St.
Memphis, TN 38114
Sale Amount: $3.1 million

Sale Date: Sept. 11, 2013
Buyer: Pendleton Apartments LLC
Seller: Pendleton Investors LLC
Details: An affiliate of Teaneck, N.J.-based The Aspen Cos. has paid $3.1 million for the Pendleton Place Apartments at 1780 Pendleton St. in the Defense Depot area.

11. Barnhart Buys Industrial Property for Expansion -

2085 W. E. Freeman Drive
Memphis, TN 38114

Sale Amount: $2.6 million

Sale Date: June 27, 2013

Buyer: Barnhart Crane and Rigging Co.

12. Work Under Way at Cordova Safety Products -

FTN Financial Capital Markets, a divisioRenovation plans are moving forward for Memphis-based Cordova Safety Products’ new digs at 4025 Viscount Ave.

13. Work Under Way at Cordova Safety Products -

Renovation plans are moving forward for Memphis-based Cordova Safety Products’ new digs at 4025 Viscount Ave.

14. Office Depot Relocates Poplar Avenue Store -

Office Depot opened its new Poplar Avenue store Monday, Dec. 17.

The Delray Beach, Fla.-based office products company relocated its East Memphis store from 5014 Poplar Ave. next to Whole Foods to 5510 Poplar Ave. near Yates Road. Office Depot took 18,666 square feet of the 22,000-square-foot space vacated by Samuel’s last year. The balance was filled by Hollywood Feed.

15. Office Depot Relocates Poplar Avenue Store -

Office Depot opened its new Poplar Avenue store Monday, Dec. 17.

The Delray Beach, Fla.-based office products company relocated its East Memphis store from 5014 Poplar Ave. next to Whole Foods to 5510 Poplar Ave. near Yates Road. Office Depot took 18,666 square feet of the 22,000-square-foot space vacated by Samuel’s last year. The balance was filled by Hollywood Feed.

16. Praxair Files $2M Permit App for Pidgeon Park Site Work -

3587 Paul R. Lowry Road
Memphis, TN 38109
Permit Cost: $2 million

Permit Date: Applied June 2012
Owner: Praxair Inc.
Tenant: Praxair Inc.
Contractor: W.G. Yates & Sons Construction Co.
Details: Praxair Inc., an industrial gases company that operates an air separation complex in Frank C. Pidgeon Industrial Park, has filed a $2 million building permit application to lay a foundation at its facility, 3587 Paul. R. Lowry Road.

17. Plenty of Sources For Economic Progress -

Something More Than Feelings A business mentor of mine would retort “cite your source” to qualify any argument I was making. A common argument today asserts that with the developed world economies fragile and global unemployment levels high, the anecdotal information suggests that global consumers live in a tent city.

18. Memphis Advantage -

As the industrial market approaches the end of the first quarter, a handful of deals have local brokers encouraged that the city’s bread-and-butter sector is poised for recovery.

Recent notable industrial leasing transactions – all of which occurred in Class A bulk warehouses – include Trane U.S. Inc.’s 625,000-square-foot lease in Chickasaw Distribution Center; Kimberly Clark Corp.’s 556,000-square-foot lease in Airways Distribution Center; and Impact Innovations’ 275,000-square-foot space at Southridge Corporate Park.

19. Safety Products Importer Seeks Tax Freeze -

International Sourcing Co. Inc., an importer and wholesale distributor of safety products to industrial distributors and retailers, will go before the city-county Economic Development Growth Engine Board this week to request a five-year tax freeze.

20. Former Cleo Site Sells For $2.6M -

A Memphis-based buyer has bought more than 1 million square feet formerly occupied by Cleo Inc. gift-wrapping company in Airport Industrial Park Section A for less than two-thirds of the listing price.

21. Cross Creek Shopping Ctr. Sells for $12.7 Million -

3469 Riverdale Road, 3505 Riverdale Road and 3587 Riverdale Road
Memphis, TN 38115
Sale Amount: $12.7 million

22. Seeing Success -

On the surface, they don’t have much in common other than their home turf. They include everything from a venerable law firm, prominent regional investment companies, tech firms and even a business that manufactures food products like hot dogs and sandwich meats.

23. Defense Depot Property Sells for $1.1 Million -

2085 W.E. Freeman Drive
Memphis, TN 38114
Sale Amount: $1.1 million

Sale Date: Sept. 14, 2011

Buyer: Varma Family LP

24. 14-Acre Defense Depot Site Sells for $1.1 Million -

Varma Family LP has bought a 14.4-acre site with an existing building at 2085 W.E. Freeman Drive in Memphis Defense Depot from The Depot Redevelopment Corp. of Memphis and Shelby County, Tennessee, for $1.1 million.

25. Dallas Co. Pays $35M for Depot -

The Memphis Depot Business Park has sold for $35.8 million after being on the market for less than six months.

Memphis Depot Associates LLC, an affiliated entity of Dallas-based Mayfield Properties LP, on Friday, Aug. 5, bought 260 acres of property containing 4.2 million square feet in buildings in the industrial park and former Army base just north of Memphis International Airport from Depot Redevelopment Corp. of Memphis and Shelby County.

26. Dallas Co. Pays $35M for Depot -

The Memphis Depot Business Park has sold for $35.8 million after being on the market for less than six months.

Memphis Depot Associates LLC, an affiliated entity of Dallas-based Mayfield Properties LP, on Friday, Aug. 5, bought 260 acres of property containing 4.2 million square feet in buildings in the industrial park and former Army base just north of Memphis International Airport from Depot Redevelopment Corp. of Memphis and Shelby County.

27. Blank Palette -

When best-selling author Richard Florida visited Memphis recently, he spelled out to a room full of artists the formula for building a city’s creative class – attract, retain and engage talent.

28. Brand Strategy -

It was two years ago at a Five Guys Burgers and Fries franchisee conference when license rights to Memphis were up for grabs.

Mark Moseley, director of franchising for the Lorton, Va.-based burger chain and friend of FedEx Corp. founder Fred Smith, approached Alabama franchisee Seth Hargett about putting together a package and asked him if he wanted Memphis.

29. Staples to Build First Memphis Location -

The world’s largest office products company will soon enter the Memphis market.

Framingham, Mass.-based Staples Inc. has signed a 17,945-square-foot lease at Ridgeway Trace, the shopping center at Poplar Avenue and Interstate 240 developed by Houston-based Weingarten Realty Investors.

30. Former Bennigan’s Set to be Razed -

5336 Poplar Ave.
Memphis, TN 38119
Permit Amount: $775,000

Project Cost: n/a
Permit Date: Applied August 2010
Completion: Late fourth quarter 2010
Owner: Danco
Tenant: Newk’s Express Café
Contractor: Fleming/Associates/Architects PC
Architect: Horizon Construction LLC

31. Events -

A Survivor Art Show will open today from 6:30 p.m. to 8:30 p.m. in conjunction with an open house at the new office of Carol Risher at Primacy Oaks Office Park, 5158 Stage Road, Suite 130. The art is created as part of the psychological healing and recovery of counseling clients. Risher is a licensed professional counselor specializing in trauma resolution. The exhibit will run through Aug. 31. For more information, call 377-5646.

32. Events -

The Shelby County Beer Board will meet today at 2 p.m. in the fourth floor conference room of the Shelby County Administration Building, 160 N. Main St. For more information, call Stephanie Jones at 545-4301.

33. Events -

Les Passees Inc. will host its first Family Night today from 6 p.m. to 10 p.m. at Golf & Games Family Park, 5484 Summer Ave. Patrons with a Les Passees wristband will have unlimited access to games, rides and putt-putt. Proceeds from the wristband sales will go to the organizations Les Passees supports via grants. Wristbands will cost $15 in advance and $25 at the door. For more information, contact Sally Gentry at 867-7467 or sallygentry@comcast.net.

34. Events -

The University of Memphis will host international financial expert Lynn Turner today at 7:30 a.m. at the Holiday Inn-University of Memphis, 3700 Central Ave. Turner's talk, "What Makes Markets Work or Not Work," is part of the Fogelman College of Business & Economics' 2008 Distinguished Speaker Series. Admission to the breakfast is $25 and can be paid at the door. For more information or to make a reservation, e-mail Tarranda Silas at tsilas@memphis.edu.

35. Events -

The Rotary Club of Memphis will hold the fifth annual Bobby Dunavant Public Servant Awards today at 11:45 a.m. in the Grand Ballroom of The Peabody, 149 Union Ave. Mississippi Gov. Haley Barbour will be the featured speaker. For more information, call Lee Hughes at 754-1615.

36. Events -

The Bartlett United Methodist Church will host its annual Spring Crafts Fair today and Saturday from 9 a.m. to 5 p.m. at the church, 5676 Stage Road. For more information, call 386-4563.

The Memphis Bar Association Access to Justice Committee will hold its monthly free Saturday Legal Clinic Saturday from 9 a.m. to noon at the Church of Jesus Christ of Latter-day Saints, 2450 St. Elmo Ave. To volunteer as an attorney for the clinic or to find out more information for attendees, e-mail Linda Seely at lseely@malsi.org.

37. Former Kmarts, Cordova Shopping Center Have New Options With New Plan -

When New Plan Excel Realty Trust Inc. and Sears Holdings Corp. set up a joint development venture in 2005, the venture's first deal involved transforming three former Kmart stores in Memphis.

Sears had closed the stores in 2005, citing their under-performance. Since then, Sears' partner in its development venture - a New York real estate investment trust (REIT) with assets of about $3.5 billion - has more than lived up to its name.

38. Collierville's Yo-Yo Effect -

Numbers say the real estate market in Collierville has been up and down for the past five years.

But while the town's home sales have indeed experienced a roller coaster ride, it's more akin to a children's version of the amusement park favorite with modest peaks and valleys rather than dramatic ones.

39. Wolfchase Neighbor Up for Grabs? Shopping Center across from mall scoped by NY real estate trust -

Judging by the interest of a New York-based real estate investment trust, ownership of one of the most expensive pieces of property in Shelby County soon could be changing hands.

New Plan Excel Realty Trust is in the early stages of acquiring The Commons, a 33-acre shopping center across from Wolfchase Galleria that includes such tenants as Old Navy, Home Depot and Toys 'R' Us.

40. A GRAVE SITUATION -

Sometime in mid-July, the Sons of Confederate Veterans will show up in Collierville to perform a traditional military ceremony, with friends and family members on hand to observe.

The main order of business will be to relocate the remains of Civil War veteran James M. Northcross from a family plot to a new site in Collierville's Magnolia Cemetery. All of the work will be carefully orchestrated by the Memphis-based urban archaeology firm Weaver and Associates, the same firm that excavated the FedExForum site in 2002.

41. Effort to Overhaul Unified Development Code Continues -

When Lee Einsweiler's children were growing up, he was often the parent who made the dinner runs to fast food joints like Wendy's, Burger King and McDonald's. With three kids, that usually meant orders from three different restaurants, which meant three trips and - most important - three parking lots to navigate.

42. Archived Article: Lead - New Construction to Increase I-40 Office

Work Progresses on I-40 Corporate Park

Third building under way in office, industrial development

LANCE ALLAN

The Daily News

The office market along Interstate 40 in East Memphis is continuing ...

43. Archived Article: Daily Digest - Germantown Property

Germantown Property

Financed for $3.2 Million

BMB & Associates LLC has financed 24.6 acres near Poplar Avenue and Calkins Road in Germantown for $3.2 million, according to The Daily News Public Records Database, www....

44. Archived Article: Bob Ladd (lead) - Last Julys windstorm left its mark on Bob Ladd Incorporated, now located at 764 Scott Street

I-40 Corporate Park Sees More Growth

Golf supply business to move to budding commercial area

ROSALIND GUY

The Daily News

The windstorm that s...

45. Archived Article: Memos - Mark Askew, principal-in-charge of Memphis engineering firm Askew, Hargraves, Harcourt & Associates, was installed as presiden

Mark Askew, principal-in-charge of Memphis engineering firm Askew, Hargraves, Harcourt & Associates, was instal...

46. Archived Article: Real Briefs - Associates of the Memphis Chapter of the American Institute of Architects will host Scavenger Hunt 2000 at 2:30 p Associates of the Memphis Chapter of the American Institute of Architects will host Scavenger Hunt 2000 at 2:30 p.m. April 28. The hunt...

47. Archived Article: Real Review - Real Estate Review Real Estate Review 01-11-00 Valenti Mid-South finances loans worth $23.7 million Valenti Mid-South Realty LLC, a Tennessee limited liability company, and Valenti Mid-South Management LLC, a Tennessee limited liability company whos...

48. Archived Article: Memos - Jim Holt has been named executive director of the Memphis in May International Festival Jim Holt has been named executive director of the Memphis in May International Festival. Holt, who has 18 years of event booking, marketing, production and major...

49. Archived Article: Comm Briefs - Lawyer and civil rights activist Morris Dees, a co-founder of the Southern Poverty Law Center, will be the speaker at this springs Gilliland Symposium at Rhodes College Lawyer and civil rights activist Morris Dees, a co-founder of the Southern Pover...

50. Archived Article: Malco - lj 10/5 cates Construction begins on Malcos largest theater to date By LAURIE JOHNSON The Daily News Construction has begun on Malco Theatres Inc.s largest movie house to date an 11-screen theater located on Winchester Road in East Shelby Countys ra...

51. Archived Article: Depot Jts - 7/30 jts depot Memphis Depot transition moving forward Consultants close to facilities report, agency has January deadline By JAMES SNYDER The Daily News The Memphis Depot Redevelopment Agency has a consulting firm in hand and a public hearing on th...

52. Archived Article: Council Advance - 11/5 jts council advance Council to vote on $20 million in sewer bonds Last phase of Overton Park improvement, acceptance of $100,000 depot aid also considered By JAMES SNYDER The Daily News The City Council will consider a $20 million bond release ...