1115 E. Getwell Loop St., Memphis, TN 38152 - Turner Construction Co. is beginning the first phase of a $10.6 million expansion and renovation of the University of Memphis’ athletic training facility on its Park Avenue campus. 

2. Young Gun - Thursday, July 26, 2018

While most people were still taking general education classes in college or just trying to figure out their place in the world, Cameron Ellis was investing in real estate.

3. Young Gun - Thursday, July 26, 2018

While most people were still taking general education classes in college or just trying to figure out their place in the world, Cameron Ellis was investing in real estate.

4. Germantown Retail Center Sells for $13M, Orion Files Permit for New HQ - Monday, July 23, 2018

1245 N. Germantown Parkway,
Cordova, TN 38016

Sale Amount: $12.6 million

5. Affordable Housing Management Firm Buys Two Memphis Apartment Complexes - Monday, July 23, 2018

One of the fastest-growing affordable housing property management companies in the U.S. has entered Tennessee with the purchase of two Memphis apartment properties.

Denver-based Monroe Group bought the 150-unit Keystone Landing Apartments, located at 4266 Ridgestone Drive in Raleigh, from Keystone Landing Apartments LLC for $6.5 million. It purchased the 120-unit Pendleton Apartments, located at 1764 Pendleton St. near Cherokee Park, from Pendleton Apartments LLC for $6 million.

6. Lake District Lands Malco Theater, Former Benchmark Seeks New Life - Monday, June 11, 2018

3536 Canada Road,
Lakeland, TN 38002

Tenant: Malco Theatres Inc.

Tenant’s Agent: Michael Lightman, Michael Lightman Realty

Landlord: The Lake District

7. LEO Events Preparing For New Headquarters - Saturday, February 24, 2018

LEO Events has filled a building permit application with the Office of Construction Code Enforcement to begin work on its new Medical District headquarters.

The $1.7 million tenant buildout application lists Metro Construction as the general contractor.

8. CRE Owners Look To Reap Rewards Of New Tax Cuts - Saturday, February 24, 2018

The start of the year enjoyed a flurry of commercial real estate sales and building permits, on the heels of federal tax cuts passed late last year that are expected to benefit CRE owners and possibly impact the number of new projects and sales announced this year.

9. LEO Events Preparing For New Headquarters - Tuesday, February 20, 2018

LEO Events has filled a building permit application with the Office of Construction Code Enforcement to begin work on its new Medical District headquarters.

The $1.7 million tenant buildout application lists Metro Construction as the general contractor.

10. LEO Events Preparing For New Headquarters - Monday, February 19, 2018

LEO Events has filed a building permit application with the Office of Construction Code Enforcement to begin work on its new Medical District headquarters.

The $1.7 million tenant buildout application lists Metro Construction as the general contractor.

11. Memphis College of Art Taps CW/CA for Sale - Saturday, February 10, 2018

Memphis College of Art has tapped real estate brokerage firm Cushman & Wakefield/Commercial Advisors to handle the sale of its Midtown portfolio, including Rust Hall and a dozen other properties.

12. Hotel Indigo, Trader Joe’s Move Ahead - Monday, February 12, 2018

22 N B.B. King Blvd., Memphis, TN 38103: Atlanta-based Three P Partners has filed a $5 million building permit application with the Office of Construction Code Enforcement to construct a 118-room Hotel Indigo at the corner of North B.B. King Boulevard and Court Avenue.

13. DMC to Review Plans For New Downtown Mixed-Use Building, Midtown Apartments - Friday, February 9, 2018

A local investment group is seeking a nine-year tax break from the Downtown Memphis Commission to construct a new mixed-use building where the Downtown Blue Monkey once stood at 529 S. Front St.

14. New Apartments Planned for Overton Square - Wednesday, February 7, 2018

PMT Investments LLC, a newly formed business partnership between Aaron Petree, Cliff McLemore and Ed Thomas III, is seeking an 11-year tax abatement to construct a 16-unit apartment building on the periphery of Overton Square.

15. Cushman & Wakefield Tapped to Handle MCA Sale - Monday, February 5, 2018

Memphis College of Art has tapped real estate brokerage firm Cushman & Wakefield/Commercial Advisors to handle the sale of its Midtown portfolio.

The 80-plus-year-old institution announced in October it would be shuttering its doors for good in May 2020. Proceeds from the sale of MCA's real estate will create a reserve fund for the teach-out of the current students and retire the college’s real estate debt, according to MCA president Laura Hine.

16. Orion, LEO Buy Slice of Wonder Bread - Thursday, January 11, 2018

The Center City Revenue Finance Corp. approved a trio of sales on Tuesday, Jan. 9, including two involving the $73 million Bakery Development in the Medical District and the Beale Street Hampton Inn.

17. New Owners of Downtown Hotel Seeking PILOT Transfer, Bakery Development Project Progressing - Saturday, January 6, 2018

Richmond, Virginia-based Apple Hospitality REIT is seeking an assignment from the Center City Revenue Finance Corp. in order to complete the purchase of the Hampton Inn & Suites Memphis – Beale Street located at 175 Peabody Place in Downtown Memphis.

18. New Owners of Downtown Hotel Seeking PILOT Transfer, Bakery Development Project Progressing - Friday, January 5, 2018

Richmond, Virginia-based Apple Hospitality REIT is seeking an assignment from the Center City Revenue Finance Corp. in order to complete the purchase of the Hampton Inn & Suites Memphis – Beale Street located at 175 Peabody Place in Downtown Memphis.

19. Gibson Plans to Sell Downtown Factory, Build a New One - Monday, October 30, 2017

145 Lt. George W. Lee Ave., Memphis, TN 38103: Nashville-based guitar maker Gibson Brands Inc. confirmed Friday, Oct. 20, it is putting its Downtown Memphis factory on the market and plans to build and lease a new facility nearby.

20. Brooks Pursues Riverfront Site for New Museum - Tuesday, October 17, 2017

The board of the Memphis Brooks Museum of Art announced Tuesday, Oct. 17, it is working with city government to relocate the museum from its Overton Park home to a Downtown site on Front Street between Union and Monroe avenues.

21. Brooks Museum Eyes Downtown Fire Station Site - Friday, October 6, 2017

Brooks Museum officials are considering relocating to a Downtown site at Front Street and Union Avenue that is currently occupied by the Memphis Fire Department headquarters.

While officials with the city and the museum would not comment, the idea of putting a “cultural amenity” on the river side of Front Street between Union and Monroe avenues first surfaced about two months ago.

22. Brooks Museum Eyes Downtown Fire Station Site - Thursday, October 5, 2017

The city fire station at Union Avenue and Front Street and the adjacent parking garage appears to be under consideration as the new site for the Memphis Brooks Museum of Art, according to a source close to the situation who did not want to be identified by The Daily News.

23. GPAC Planning New Open-Air Venue - Monday, September 25, 2017

1801 Exeter Road, Germantown, TN 38138

Owner: Germantown Performing Arts Center

24. Council OKs $6M Loan for Wonder Bread Garage - Thursday, August 24, 2017

The Memphis City Council approved a $6 million loan on Tuesday, Aug. 22, to help finance the development of a 481-space parking garage that’s a key part of the $73 million Wonder Bread redevelopment.

25. Cordova Apartment Community Sells for $27.9M - Friday, August 4, 2017

The Charleston, a 284-unit apartment community on the east side of Houston Levee Road just south of U.S. 64, has sold for $27.9 million, marking a new chapter for a property that was built just last year.

26. Developers Baking $73 Million Deal at Wonder Bread Plant - Wednesday, August 2, 2017

A development group wants to breathe new life into the former Wonder Bread plant that used to fill the Memphis Medical District with the smell of fresh bread before it closed in 2013.

A group of investors spearheaded by Chisca Hotel Developers – Development Services Group – has submitted a $73 million plan to create 286 upscale multifamily units, a 480-space parking garage and 150,000 square feet of office and retail space.

27. Wonder Bread Factory Rebirth Eyed by Chisca Hotel Developer - Wednesday, August 2, 2017

A new plan submitted to city officials would breathe new life into the former Wonder Bread factory that used to fill the Memphis Medical District with the smell of fresh bread before it closed in 2013.

28. Midtown Retail Property Sells for $5 Million - Thursday, December 29, 2016

1625 Poplar Avenue

Memphis, TN 38104 

Sale Amount: $5 million

Sale Date: Dec. 21, 2016

29. Cordova’s Future LA Fitness Site Sells for $2.4M - Monday, December 26, 2016

LA Fitness is one step closer to opening a Cordova location.

Insomnia Inc., the company owned by former topless-club operator Steve Cooper, sold two parcels near its former restaurant/nightclub on Fischer Steel Road to Orlando, Florida-based National Retail Properties Inc. for $2.4 million, according to a Dec. 20 warranty deed. The same day as the sale, Fitness International LLC, an affiliate of L.A. Fitness International LLC, signed a lease with National Retail Properties for the property.

30. International Real Estate Firms Find Purchase Potential in Memphis - Tuesday, January 26, 2016

International investors and developers are increasingly looking to Memphis because the market is stable and the returns are high, according to a variety of real estate professionals doing business locally.

31. CCRFC Approves $1.7M For Convention Center Work - Saturday, January 16, 2016

The Center City Revenue Finance Corp. approved up to $1.7 million in revenue bonds Tuesday, Jan. 12, for Memphis Cook Convention Center improvements.

32. CCRFC Approves $1.7M For Convention Center Work - Wednesday, January 13, 2016

The Center City Revenue Finance Corp. approved up to $1.7 million in revenue bonds Tuesday, Jan. 12, for Memphis Cook Convention Center improvements.

33. Last Word: El Chapo and Memphis, First Filers for August and Origins in Graffiti - Monday, January 11, 2016

The Mississippi River at Memphis crested and then it rained.
The weekend rain added about two-tenths of an inch by Saturday to Friday’s crest.
But by Sunday, the river had dropped to 39.12 feet, which is still more than five feet above flood stage.

34. Crestview Collection Makes New HQ in Oakhaven - Tuesday, December 29, 2015

4300 Concorde Road
Memphis, TN 38118

Sale Amount: $6.9 million

Sale Date: Dec. 15

Buyer: CLI Inc.

Seller: Lester McMahan Partnership

Loan Amount: $6 million

35. The Week Ahead: Nov. 30, 2015 - Monday, November 30, 2015

How was your weekend, Memphis? Here’s our weekly rundown of local happenings you need to know about, from snow and sledding at the Levitt Shell to orientation for members of the new Memphis City Council...

36. $9.5 Million Permit Filed For Downtown Hotel - Tuesday, August 11, 2015

310 Union Ave.
Memphis, TN 38103

Permit Cost: $9.5 million

Permit Date: Applied August 2015

37. On Edge - Friday, July 17, 2015

In February Sam Carolan was planning to move from Austin, Texas, to Memphis to become a digital sales specialist for Nexstar Broadcasting Group Inc., which owns the ABC24 and CW30 television channels.

38. Wonder Bread Bakery Under Contract - Tuesday, July 7, 2015

The former Wonder Bread bakery at 400 Monroe Ave. could soon have a new owner.

The bakery, idled by a labor strike before being sold in 2013, is under contract to a potential buyer, according to a commercial real estate broker.

39. East Tennessee’s Endangered 8 - Saturday, May 16, 2015

The East Tennessee Preservation Alliance’s list of endangered heritage sites for the region:

1. The Stonecipher-Kelly House in Morgan County was built around 1814 by the first permanent white settlers in that area, as part of a Revolutionary War land-grant.

40. Preserving East Tennessee's Endangered Buildings - Saturday, May 16, 2015

When preservation comes up in conversation, it brings to mind crumbling Victorian mansions or maybe an old Woolworth’s sitting idle downtown.

That’s definitely been the case in and around Knoxville, and it’s a mindset that Knox Heritage and the East Tennessee Preservation Alliance (ETPA) are working hard to break.

41. Germantown Parkway Parcels Sell for $3.4 Million - Tuesday, May 5, 2015

789 and 725 N. Germantown Parkway
Memphis, TN 38018
Sale Amount: $3.4 million

42. Germantown Parkway Sites Bought for $3.4 Million - Saturday, May 2, 2015

Two parcels of rarely available land on Germantown Parkway have been purchased for $3.4 million.

Marketplace Monroe LLC acquired the parcels at 789 and 725 N. Germantown Parkway, according to two April warranty deeds.

43. Germantown Parkway Sites Bought for $3.4 Million - Wednesday, April 29, 2015

Two parcels of rarely available land on Germantown Parkway have been purchased for $3.4 million.

Marketplace Monroe LLC acquired the parcels at 789 and 725 N. Germantown Parkway, according to two April warranty deeds.

44. Sounds Like a Hit for Neighbors - Saturday, April 25, 2015

For months, sounds of construction surrounded the Nashville Sounds’ sparkling new First Tennessee Park in Germantown.

The constant thump-thump-thump of pounding jackhammers competed with the irritating, high-pitched beeps of vehicles backing up. Ka-ching! Cranes lifted steel beams into place, keeping time with a syncopated thrumming of never-ending drilling. Ka-ching!

45. Planned Downtown Hotel Features Urban Design - Friday, February 13, 2015

A new rendering of a proposed LaQuinta Inn & Suites hotel at Union Avenue and Danny Thomas Boulevard Downtown shows a more urban design than a previous stock rendering sent to city and county planners.

46. Renting Out Homes for Super Bowl Can Bring Big Bucks - Thursday, January 29, 2015

PHOENIX (AP) – Hundreds of people gather every year to hobnob with A-list celebrities at a charity bash thrown in the Super Bowl's host city. But instead of heading to a trendy nightclub or swanky restaurant, organizers this year are throwing the party inside a private home.

47. Willow Lake Sales Positive News For The Market - Friday, October 24, 2014

The sale this week of five properties inside Willow Lake Business Park and Corporate Park for $4.2 million was welcome news for several reasons.

For one, true owners tend to take much better care of properties and market them more aggressively than special servicers like Bethesda, Md.-based CWCapital Asset Management.

48. Focus on Teens ‘At Risk of Being Homeless’ - Saturday, September 6, 2014

Not only is Crossroads Campus a successful non-profit operation that’s building a bridge to help homeless animals and potentially homeless young people, it’s also a thriving retail business operation driven by the savvy of executive director Lisa Stetar and her staff.

49. 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.

50. Overton Square Parking Gets Latest Solution - Tuesday, April 22, 2014

Work on a pair of pedestrian crosswalks across Cooper Street at Monroe Avenue in the next two months could be the beginning of remedying traffic problems in Overton Square.

The crosswalks are the first crucial part in the plan that so far includes permits for residential parking on Monroe and some reserved parking in the Overton Square garage specifically for businesses in the area.

51. Olymbec Acquires 13-Building Bellbrook - Friday, November 15, 2013

Olymbec USA LLC has snatched up two more key Memphis properties, including the 1.8 million-square-foot Bellbrook industrial park.

52. Olymbec Acquires Bellbrook Industrial Park - Thursday, November 14, 2013

Olymbec USA LLC has snatched up two more key Memphis properties, including the 1.8 million-square-foot Bellbrook industrial park.

53. Square Roots - Friday, November 8, 2013

Breakaway Running owner Barry Roberson was blown away by the crowds who visited his new Overton Square store, which opened Oct. 30.

54. French Quarter Deal Collapses - Friday, November 1, 2013

A Texas-based group had inked a deal to purchase the long-vacant French Quarter Suites Hotel near Overton Square, but the proposed sale fell through the cracks.

Austin, Texas-based ASC Management had until Oct. 31 to close on the purchase of the 105-room inn at the northeast corner of Madison Avenue and Cooper Street but did not complete the sale.

55. French Quarter Suites Deal Hangs in Balance - Wednesday, October 30, 2013

A planned deal to redevelop the long-vacant French Quarter Suites Hotel near Overton Square is nearing a critical deadline.

Austin, Texas-based ASC Management has until Oct. 31 to close on the purchase of the 105-room inn at the northeast corner of Madison Avenue and Cooper Street but has not yet done so, according to one of the property’s current owners.

56. French Quarter Deal Hangs in Balance - Tuesday, October 29, 2013

A planned deal to redevelop the long-vacant French Quarter Suites Hotel near Overton Square is nearing a critical deadline.

Austin, Texas-based ASC Management has until Oct. 31 to close on the purchase of the 105-room inn at the northeast corner of Madison and Cooper Avenues but has not yet done so, according to one of the property’s current owners.

57. Overton Square Garage Opens - Tuesday, October 8, 2013

Visitors to Overton Square know that parking has been at a premium recently, with side streets around the entertainment district filling up as quickly as the restaurants and shops there.

Parking at Overton Square should get much easier with the opening of its 451-space parking garage at the northeast corner of Monroe Avenue and Florence Street. The city-owned garage opened this weekend, and parking is free for the rest of October.

58. Mary Carter Decorating Center to Grow, Relocate - Friday, September 13, 2013

A venerable Memphis cake decorating and supply store is moving to a new location on Summer Avenue.

Mary Carter Decorating Center signed a 4,800-square-foot lease in Cloverleaf Shopping Center at 733 N. White Station Road.

59. September 6-12, 2013: This week in Memphis history - Saturday, September 7, 2013

2012: On the front page of The Daily News, the city and developers with Loeb Properties Inc. broke ground on a parking garage at Monroe Avenue and Florence Avenue and Local Gastropub was nearing build out completion at Madison Avenue and Cooper Street.

60. Construction Begins on Hattiloo Theatre - Saturday, August 3, 2013

Construction has begun on the Hattiloo Theatre in Overton Square.

The $2.8 million, 10,600-square-foot black repertory theater is rising at the northwest corner of Monroe Avenue and Cooper Street and will feature two stages for larger and smaller shows.

61. Construction Begins on Hattiloo Theatre - Thursday, August 1, 2013

Construction has begun on the Hattiloo Theatre in Overton Square.

The $2.8 million, 10,600-square-foot black repertory theater is rising at the northwest corner of Monroe Avenue and Cooper Street and will feature two stages for larger and smaller shows.

62. Midtown Mix - Thursday, August 1, 2013

Go by Overton Square during lunch or at night, and the place is usually overflowing with visitors – some who want lunch, dinner or a libation, and some who come just to enjoy the simple pleasure of people-watching.

63. State Delays Office Lease Announcement - Wednesday, July 24, 2013

Groups hoping to garner the state’s real estate needs Downtown will have to wait a little longer to find out if they placed the winning bid.

The state had originally planned to issue a notice of awarding the lease for its office space needs Tuesday, July 23, but that date has been changed to Aug. 19, when the executive subcommittee of the State Building Commission meets.

64. Five Groups Bid for State Office Space - Monday, July 8, 2013

Five groups have submitted bids to become the new home to roughly 900 state workers.

JP-Memphis, Memphis Commerce Square Partners, Peabody Tower GP, Peabody Place Gold GP and Hertz Memphis all submitted bids for the state’s real estate needs.

65. Square Planners Focus on Pedestrians - Friday, June 21, 2013

Overton Square planners are focusing on “the spaces between” and making the area more comfortable for pedestrians while increasing density and expecting more traffic in the arts, theater and retail district.

66. Hattiloo Theatre Ready to Rise at Overton Square - Thursday, March 21, 2013

Hattiloo Theatre is preparing to break ground on its build-to-suit facility at Overton Square in Midtown within the next 45 days, as it finalizes some last-minute financing and lines up subcontractors.

67. Olymbec Files $5.5 Million Mortgage on Brinkley Plaza - Saturday, March 9, 2013

Montreal-based Olymbec USA LLC, an entity of Olymbec Corporate Group, has filed a $5.45 million mortgage on Brinkley Plaza in Downtown Memphis.

68. Olymbec Files $5.5 Million Mortgage on Brinkley Plaza - Wednesday, March 6, 2013

Montreal-based Olymbec USA LLC, an entity of Olymbec Corporate Group, has filed a $5.45 million mortgage on Brinkley Plaza in Downtown Memphis.

69. Olymbec USA LLC Buys Again in Memphis - Saturday, March 2, 2013

Olymbec USA LLC has acquired 40,000 square feet of land and three small shed buildings totaling 12,000 square feet at 373 W. Brooks Road through a January auction from the Estate of George E. Smith for $50,600.

70. Olymbec USA LLC Buys Again in Memphis - Friday, March 1, 2013

Olymbec USA LLC has acquired 40,000 square feet of land and three small shed buildings totaling 12,000 square feet at 373 W. Brooks Road through a January auction from the Estate of George E. Smith for $50,600.

71. Loeb: City Should Increase Investment in Urban Core - Thursday, January 31, 2013

The relevance of Overton Square is that it’s one of many initiatives the city has in place to make Memphis a better place and a city of choice for the millennial generation.

Seventy-seven percent of those born from the early 1980s to the early 2000s want to live in the urban core and to drive less.

72. High Cotton Brewing Kicks Off Renovations - Saturday, January 5, 2013

Plans are moving forward for High Cotton Brewing Co. LLC’s facility in Memphis’ Edge District.

73. High Cotton Brewing Kicks Off Renovations - Friday, January 4, 2013

Plans are moving forward for High Cotton Brewing Co. LLC’s facility in Memphis’ Edge District.

74. Events - Thursday, January 3, 2013

Shelby County Trustee David Lenoir and Chandler Reports will hold the third Real Estate Road Show, a seminar about the growing portfolio of county-owned properties and how to buy them at tax sale, Thursday, Jan. 3, at 3 p.m. in the conference room at The Memphis Leadership Foundation, 1548 Poplar Ave. R.S.V.P. to csheffield@shelbycountytrustee.com or 432-4884.

75. Events - Wednesday, January 2, 2013

Shelby County Trustee David Lenoir and Chandler Reports will hold the third Real Estate Road Show, a seminar about the growing portfolio of county-owned properties and how to buy them at tax sale, Thursday, Jan. 3, at 3 p.m. in the conference room at The Memphis Leadership Foundation, 1548 Poplar Ave. R.S.V.P. to csheffield@shelbycountytrustee.com or 432-4884.

76. Events - Saturday, December 29, 2012

The 54th AutoZone Liberty Bowl Football Classic, featuring Iowa State University vs. University of Tulsa, will be held Monday, Dec. 31, at 2:30 p.m. at Liberty Bowl Memorial Stadium, 335 S. Hollywood St. The Temptations will perform at halftime. For a list of bowl week events, visit autozonelibertybowl.org.

77. Children’s Heart Foundation Given $15,000 for Relocation - Friday, November 16, 2012

The International Children’s Heart Foundation was awarded a $15,000 commercial office grant Wednesday, Nov. 14, by the Center City Development Corp. to move its offices from 1750 Madison Ave., suite 500, to Downtown’s Brinkley Plaza, 80 Monroe Ave., suite G-1.

78. Center City Revenue Finance Corp. to Consider Brinkley Plaza Tax Break - Thursday, November 8, 2012

The Downtown Memphis Commission’s Center City Revenue Finance Corp. (CCRFC) has a full agenda for its Tuesday, Nov. 13, board meeting, with leasing and financing requests for Brinkley Plaza, Toyota Plaza and the Peabody Hotel Tract.

79. 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.

80. 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.

81. 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.

82. ‘More the Merrier’ - Thursday, September 6, 2012

Following a shaky last few years for Overton Square, the area has finally seen tangible evidence of change in recent weeks and the area’s long-term tenants appear to be waiting in anticipation of its new neighbors.

83. Nursing Home Owner Files $13 Million Loan - Tuesday, July 24, 2012

3549 Norriswood Ave.
Memphis, TN 38111

Loan Amount: $13 million

Loan Date: July 13, 2012

84. Loeb Closes On $7M Purchase Of Overton Square - Monday, July 23, 2012

Loeb Properties Inc. has closed its $7 million acquisition of Overton Square, after many months of negotiations with former owner, Denver Colo.-based Overton Square Investors LLC.

85. Loeb Closes on $7M Purchase of Overton Square - Friday, July 20, 2012

Loeb Properties Inc. has closed its $7 million acquisition of Overton Square, after many months of negotiations with former owner, Denver Colo.-based Overton Square Investors LLC.

86. Square Again Abuzz With Entertainment Options - Monday, July 16, 2012

After three years of culinary success Downtown, owner Jeff Johnson is looking forward to taking his popular restaurant and bar Local Gastropub to the next level.

87. Another Round - Monday, July 9, 2012

The revitalization of Overton Square can perhaps be best summed up with a famous quote often attributed to Mark Twain: “History does not repeat itself, but it does rhyme.”

The history of the Midtown entertainment district dates back to late 1970, when T.G.I. Friday’s opened its first franchised location on Madison Avenue near Cooper Street following the passage of a referendum vote allowing liquor by the drink citywide a year prior.

88. City Seeks RFQs for Overton Garage - Tuesday, June 26, 2012

The city of Memphis seeking requests for qualifications for construction of the three-story Overton Square garage and detention basin at the northeast corner of Monroe Avenue and Florence Street. Proposals are due July 12.

89. Tying it All Together - Monday, June 25, 2012

Two of the city’s high-profile architecture firms are behind the design enhancement of one of Memphis’ most cherished spots – Overton Square.

LRK Inc. is the architect of record for both Loeb Properties Inc.’s $20 million revitalization of the Midtown theater district and also for the city’s parking garage at Monroe Avenue and Florence Street.

90. City Files $12 Million Permit App To Build Overton Square Garage - Tuesday, June 19, 2012

2100 Monroe Ave.
Memphis, TN 38104

Permit Cost: $12 million

Permit Date: Applied June 2012

91. City Files $12M Permit App for Overton Square Garage - Monday, June 18, 2012

The city of Memphis has filed a $12 million building permit application with the city-county Office of Construction Code Enforcement for the three-story Overton Square parking garage being built in conjunction with Loeb Properties Inc.’s revitalization of the square.

92. Slice of the Pie - Monday, June 18, 2012

Come mid-July, local restaurateur Aldo Dean will launch Aldo’s Pizza Pies, his group’s third concept in Memphis and second in Downtown’s Central Business District.

Dean is one of three partners behind the new 3,900-square-foot restaurant on the ground floor of Henry Turley Co.’s Barboro Flats at 100 S. Main St. Adam Slovis of Slovis & Associates LLC represented Dean and his group in its seven-year lease for Aldo’s Pizza Pies.

93. Loeb Makes Progress on Square Plan - Tuesday, May 15, 2012

The blue banner that hung until recently at the curved building at Cooper Street and Madison Avenue and read “Returning in 2012” will soon ring true for Overton Square and its developer, Loeb Properties Inc.

94. Loeb Renews Leases for Two Upscale Restaurants - Friday, April 6, 2012

Two local restaurateurs and tenants of Loeb Properties Inc. have renewed leases.

Bill Latham, owner of Interim Restaurant, has renewed his lease for 4,957 square feet at Sanderlin Place, 5040 Sanderlin Ave. Carey White, Loeb senior vice president of asset management, brokered the deal.

95. Monroe Ave. Bldg. Sells For $3.3M - Friday, March 23, 2012

A fully leased Downtown office building has traded hands for more than twice its assessed value.

309 Monroe Property LLC purchased the 22,792-square-foot property at 309 Monroe Ave. for $3.3 million. The Shelby County Assessor of Property’s 2011 appraisal was $1.5 million.

96. Council to Weigh Pink Palace Funding - Tuesday, February 21, 2012

A $20 million upgrade of the Memphis Pink Palace Museum tops the Tuesday, Feb. 21, Memphis City Council agenda that also includes two items key to Overton Square redevelopment and $510,000 in capital appropriations for the Memphis Area Transit Authority.

97. Eating In - Monday, February 20, 2012

Before a restaurateur nails down a concept, builds a menu or begins the financing process, solidifying a location reigns supreme.

The rule of thumb is especially prominent within Downtown Memphis, where many eateries are tucked away into office buildings and operate within hours that capitalize on daytime traffic and repeat business.

98. New Dishes - Thursday, December 29, 2011

Memphis’ eyes were bigger than its stomach in 2011, but in a good way.

Some local restaurateurs launched completely new concepts; others entered new submarkets with additional stores. Even a handful of national retailers entered the Memphis market after having locations elsewhere in Tennessee for years.

99. Beyond Square One - Monday, December 26, 2011

Memphis City Council’s approval for spending $16 million to improve Midtown’s Overton Square marked a milestone for neighborhood supporters, grassroots leaders and financial stakeholders – especially Loeb Properties Inc.

100. ITT Goulds Signs Lease In Southaven - Friday, September 23, 2011

A Seneca Falls, N.Y.-based industrial pumping system manufacturer has inked a deal for a distribution center across the parking lot from its current space in Southaven.

ITT Goulds signed a 68,508-square-foot lease in Industrial Development International Inc.’s Stateline Business Park Building C, at 8890 Commerce Drive.