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Editorial Results (free)

1. Summit Distribution Center Sells for $21.6 Million -

5155 U.S. 78
Memphis, TN 38118

Sale Amount: $21.6 million

Sale Date: Oct. 21, 2015

Buyer: Summit I Distribution Center LLC

2. Three Midtown Apartment Complexes Sell for $4.3M -

A local development company has purchased three Midtown apartment complexes.

Memphis-based Dakota Partners LLC bought the properties from Margaret Brent for $4.3 million, according to an Oct. 22 special warranty deed.

3. Three Midtown Apartment Complexes Sell for $4.3M -

A local development company has purchased three Midtown apartment complexes.

Memphis-based Dakota Partners LLC bought the properties from Margaret Brent for $4.3 million, according to an Oct. 22 special warranty deed.

4. Calif. Firm Finds Niche With ‘Premium Properties’ -

Investment firms nationwide are snatching up single-family real estate-owned (REO) properties, renovating and renting them, and then selling them to other investors.

This “house flipping” is seen as especially opportunistic in Memphis, where median asking prices are dwarfed by national averages and vacancies are widespread.

5. Pacific Logistics Picks Olive Branch for Hub -

Pacific Logistics Corp. has signed a lease for its first Memphis-area location, which will serve as a regional hub for the company’s growing shoe and retail business.