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Editorial Results (free)

1. Faropoint Sells Germantown Retail Center for $13M -

Faropoint Ventures, doing business as Germantown Square Retail LLC, has sold a 142,000-square-foot retail building to Florida investor Nash Fields LLC for $12.6 million.

2. One Beale, St. Jude, Sedgwick Projects Move Forward -

263 Wagner Place, Memphis, TN 38103: Carlisle Corp.’s expanded plans for One Beale received unanimous approval from the Center City Revenue Finance Corp. on Tuesday, May 29.

3. Gregory Realty Grows Industrial Portfolio -

Memphis-based Gregory Realty has acquired more than 53,000 square feet of industrial/flex space at 3920 S. Perkins Road and 3900 Perkins Cut Off Road for $1.6 million.

4. Gregory Realty Grows Industrial Portfolio -

Memphis-based Gregory Realty has acquired more than 53,000 square feet of industrial/flex space at 3920 S. Perkins Road and 3900 Perkins Cut Off Road for $1.6 million.

5. Gregory Realty Grows Industrial Portfolio -

Gregory Realty has acquired more than 53,000 square feet of industrial/flex space at 3920 S. Perkins Rd. and 3900 Perkins Cut Off Rd. for just over $1.6 million.

6. Trane US Renews 23,000 SF Lease -

Trane U.S. Inc. has renewed its 23,000-square-foot lease at 1775 Pyramid Place in Nonconnah Corporate Center for an additional seven years.

7. NAI Saig’s Martin Elected To SIOR Board of Directors -

Hank Martin, vice president of NAI Saig Co., has been elected southeast regional director of the Society of Industrial and Office Realtors.

8. NAI Saig’s Martin Appointed To SIOR Board of Directors -

Hank Martin, vice president of NAI Saig Co., has been elected southeast regional director of the Society of Industrial and Office Realtors.

9. Faropoint, Belz Sell of Part of Retail Portfolio -

7501 Goodman Road, Olive Branch, MS 38654 and 7685 Hacks Cross Road, Olive Branch, MS 38654:  Faropoint Ventures continues to remain active in the Greater Memphis Area with the sale of two Olive Branch retail centers for a combined $9.24 million.

10. Faropoint Sells Two Olive Branch Retail Centers -

Faropoint Ventures continues to remain active in the greater Memphis area with the sale of two Olive Branch retail centers for a combined $9.2 million.

NAI Saig Co. executive vice president Brian Califf and Elliot Embry negotiated the sale of the more than 54,000 square feet of retail space by representing Faropoint in the deal.

11. Faropoint Sells Two Olive Branch Retail Centers for Almost $10M -

Faropoint Ventures continues to remain active in the Greater Memphis Area with the sale of two Olive Branch retail centers for a combined $9.24 million.

NAI Saig Co. executive vice president Brian Califf and Elliot Embry negotiated the sale of the more than 54,000 square feet of retail space by representing Faropoint in the deal.

12. Faropoint Converting ‘Diamond In The Rough’ -

So far this year Faropoint Ventures has already acquired $37 million in property in the Memphis area and has its sights set on another $38 million by year’s end.

But of all those properties, one in particular stood out to NAI Saig Co.’s Hank Martin and Brian Califf, who are representing Faropoint in the Memphis market.

13. Two Large Industrial Portfolios in Southeast Memphis Sold -

4049 Willow Lake Blvd., Memphis, TN 38118 (portfolio)

Sale Amount: $21.8 million

Buyer: Faropoint Ventures

Buyer Rep: Brian Califf, NAI Saig Co.

14. Faropoint Grows Portfolio By Nearly 1M Square Feet -

Faropoint Ventures has purchased another batch of properties in the Memphis area, effectively increasing its local footprint by almost 1 million square feet.

NAI Saig Co. executive vice president Brian Califf represented Faropoint in the $21.8 million multiproperty deal.

15. Faropoint Expands Portfolio By Nearly 1M Square Feet -

Faropoint Ventures has purchased another batch of properties in the Memphis area, effectively increasing its local footprint by almost 1 million square feet.

NAI Saig Co. executive vice president Brian Califf represented Faropoint in the $21.8 million multiproperty deal.

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

2028 Memphis Depot Pkwy.
Memphis, TN 38114

Sale Amount: $50 million

17. Stage Stop Retail Center Switches Hands -

A Raleigh retail bay containing a long-time music venue has switched hands.

Prewitt Andrews LLC sold the retail strip center that contains longtime tenant and popular music venue The Stage Stop to Land Mark Retail LLC for $365,000. The strip center is located at 4336 Stage Road.

18. Stage Stop Retail Center Switches Hands -

A Raleigh retail bay containing a long-time music venue has switched hands.

Prewitt Andrews LLC sold the retail strip center that contains longtime tenant and popular music venue The Stage Stop to Land Mark Retail LLC for $365,000. The strip center is located at 4336 Stage Road.

19. Toof Printing Inks New Lease -

Toof Printing, doing business as 670 S. Cooper St LLC, has signed a 24,000-square-foot lease in Southeast Memphis to house its warehouse and distribution operations.

20. Wolfchase Retail Building Sells for $2.3 Million -

A 17,000-square-foot retail building near Wolfchase Galleria has sold for $2.3 million.

NAI Saig Co. executive vice president Brian Califf and vice president Bryan Evans represented the seller, Stone Gallery LLC, in the transaction.

21. Wolfchase Retail Building Sells for $2.3 Million -

A 17,000-square-foot retail building near Wolfchase Galleria has sold for $2.3 million.

NAI Saig Co. executive vice president Brian Califf and vice president Bryan Evans represented the seller, Stone Gallery LLC, in the transaction.

22. Memphis Hilton Sale, New FedEx Hub Building Highlight Busy Week -

939 Ridge Lake Blvd.

Memphis, TN 38120

Sale Amount: $31 million

Sale Date: Jan. 3, 2018

Buyer: Linchris Hotel Corp.

Seller: Davidson Hotels and Resorts

23. Car Product Manufacturer Signs 400,000 SF Lease -

Car care product manufacturer Meguiar's Inc. has executed a new lease for 403,000 square feet in the Raines Distribution Center at 5555 E. Raines Road.

24. Texas Investor Buys $14.6M Industrial Portfolio -

Sealy & Co., a Texas-based real estate investment firm, has purchased a 584,000-square-foot industrial portfolio in the Southeast Memphis submarket for $14.6 million.

25. Texas Investor Buys $14.6M Industrial Portfolio -

Sealy & Co., a Texas-based real estate investment firm, has purchased a 584,000-square-foot industrial portfolio in the Southeast Memphis submarket for $14.6 million.

26. Gibson Guitar Factory Property Fetches $14.4M, New Midtown Tiki Bar Opening Soon -

145 Lt. George W Lee Ave.

Memphis, TN 38103

Sale Amount: $14.4 million

Sale Date: Dec. 27, 2017

Buyer: Somera Road Inc., Tricera Capital

27. Summer Ave. Retail Building Gets New Owner -

A 10,000-square-foot retail building on Summer Avenue has sold for $500,000.

Commercial Capital Group LLC purchased the property at 4798 Summer Ave., which currently houses Plasma Biological Services, from Irvin D. Califf, the Sue Ballin Family Trust and M.N. Silverman. NAI Saig Co. executive vice president Brian Califf and executive sales associate Daniel McPhail represented the sellers in the deal.

28. Remodeling Business Signs Lease Near Memphis Airport -

King Chow, doing business as Stone Gallery Inc., has signed a three-year lease for 15,000 square feet 3345 One Place, near Memphis International Airport.

29. Possible Trader Joe’s Update, New $35M Airport Facility -

In this week’s Real Estate Recap, a new development in the saga of Germantown’s Trader Joe’s, Memphis International Airport begins work on a new $35 million facility, and Central BBQ announces a new a location...

30. Faropoint Sells Asset Near FedEx Headquarters -

A 15,400-square-foot retail center around the corner from FedEx’s World Headquarters has been purchased by a California investor for $2.7 million.

Judith Obermeir of San Luis Obispo bought the center at 3315 Hacks Cross Road from Israeli investment firm Faropoint Ventures, which had purchased it in June 2016 for $2.2 million.

31. Faropoint Sells Asset Near FedEx Headquarters -

A 15,400-square-foot retail center around the corner from FedEx’s World Headquarters has been purchased by a California investor for $2.7 million.

Judith Obermeir of San Luis Obispo bought the center at 3315 Hacks Cross Road from Israeli investment firm Faropoint Ventures, which had purchased it in June 2016 for $2.2 million.

32. Northeast Memphis Flex Building Switches Hands -

A flex building at 5055 Covington Way in northeast Memphis has switched hands for $810,000.

Visual Projects and Martabra Real Estate sold the parcel to 5055 Covington Way LLC. NAI Saig vice president Bryan Evans represented the sellers.

33. Faropoint Buys 2 Properties After Trustmark Centre Sale -

Fresh off of the sale of Trustmark Centre, Faropoint Ventures has acquired two more substantial office assets.

The Israeli investment firm bought the Lipscomb & Pitts Building, 2670 Union Ave. Extended, and Poplar Towers, 6263 Poplar Ave., for a combined $19.3 million using capital from the Trustmark Centre sale. The purchase also includes the high-end restaurant Fleming’s, 6245 Poplar, and an AT&T store at 6267 Poplar, both outparcels to Poplar Towers.

34. Iconic E. Memphis Office Building Sells for $19.7M -

Nashville-based Magnolia Capital Investments has purchased the Trustmark Centre located at 5350 Poplar Ave. from Israeli investors, Faropoint Ventures. Faropoint intends to reinvest proceeds from the sale to buy other Memphis properties.

35. Faropoint Acquires Office Portfolio for $19.3M -

Fresh off of the sale of the Trustmark Centre, Faropoint Ventures has acquired two more substantial office assets.

The Lipscomb Pitts Building, located at 2670 Union Ave. Ext.,  and Poplar Towers, located at 6263 Poplar Ave., were both purchased by the Israeli investment firm for $19.3 million using the capital they accrued from the aforementioned deal.

36. Trustmark Centre Sells for Nearly $20M -

An iconic East Memphis office building has switched hands for $19.7 million.

Nashville-based Magnolia Capital Investments has purchased the Trustmark Centre located at 5350 Poplar Ave. from Israeli investment group Faropoint Investments.

37. Trustmark Centre Sells for Nearly $20M -

An iconic East Memphis office building has switched hands for $19.7 million.

In the deal, Nashville-based Magnolia Capital Investments purchased the Trustmark Centre located at 5350 Poplar Ave. from Israeli investors, Farpoint Investments.

38. Outdoors Retailer REI Planning First Memphis Store -

5895 Poplar Ave.
Memphis, TN 38119

Permit Amount: $900,000

Owner: Weingarten Realty

Tenant: REI

Details: Seattle, Washington-based sporting and camping goods retailer REI has filed a $900,000 building permit application for tenant improvement in the former Sports Authority building at 5895 Poplar Ave. in the Ridgeway Trace shopping center.

39. Constant Aviation Inks Deal Near Airport -

Cleveland, Ohio-based Constant Aviation recently signed a lease to occupy 33,950 square feet at 3720 Distriplex Drive near the intersection of Getwell Road and Shelby Drive.

40. Constant Aviation Inks Deal Near Airport -

Cleveland, Ohio-based Constant Aviation recently signed a lease to occupy 33,950 square feet at 3720 Distriplex Drive near the intersection of Getwell Road and Shelby Drive.

41. DHL Planning New Memphis Distribution Facility -

0 Tchulahoma Rd.
Memphis, TN 38118

Tenant: DHL Supply Chain

Landlord: Belz Enterprises

42. Dayco Inks Lease In Airport Industrial Park -

Dayco Products Inc. has signed a lease to occupy 45,700 square feet in the Airport Industrial Park at 4292 E. Raines Road.

43. Germantown Medical Office Sells for $16M -

1325 Wolf Park Drive, Germantown, TN 38138

Sale Amount: $15.9 million

Buyer: Global Medical REIT

44. Local Investor Buys NE Memphis Auto Shop -

Local entrepreneur Jose Serratos has purchased an auto repair shop in northeast Memphis where he plans to open his first Maaco Collision Repair & Auto Painting franchise.

Serratos, doing business as JAS Total Enterprises LLC, bought the building at 6397 Summer Gale Drive from PHP Investments for $412,500.

45. MAAR Elects Five New 2018 Board Members -

The Memphis Area Association of Realtors elected five new members for its 2018-19 board of directors at its annual meeting Thursday, Aug. 31.

The new members include Amanda Lott and Loura Edmondson of Crye-Leike Inc. Realtors; Eric Fuhrman of Crye-Leike Commercial; Keith Gilliam of Weichert Realtors; and Grace Uhlhorn of Keller Williams Realty.

46. Tennessee Taco Opens in Former Los Compadres Space -

3295 Poplar Ave.
Memphis, TN 38111

47. Honeywell Inks Lease At Airport Industrial Park -

Honeywell International Inc., a Fortune 100 software-industrial company based in New Jersey, has signed a lease to occupy 100,000 square feet inside the Airport Industrial Park.

48. ThyssenKrupp Signs Southeast Memphis Lease -

ThyssenKrupp Materials NA, Inc. has signed lease to occupy 80,000 square feet in the Raines Distribution Center in Southeast Memphis.

49. Bartlett Retail Portfolio Sells for $2.3 Million -

A six-building retail portfolio in Bartlett has switched hands for $2.3 million.

In the deal, Kam Investments purchased the buildings, which total 34,000 square feet and are located in the 5800 block of Stage Road near the intersection of Stage and Bartlett Boulevard.

50. Financial Services Firm Takes Floor in Clark Tower -

In this week’s Real Estate Recap, a financial services firm inks a full floor in Clark Tower and Crosstown High School files a $4.1 million permit to build-out space in the Crosstown Concourse for its charter school that is scheduled to open next fall. 

51. MAAR Elects Five New 2018 Board Members -

The Memphis Area Association of Realtors elected five new members for its 2018-19 board of directors at its annual meeting Thursday, Aug. 31.

The new members include Amanda Lott and Loura Edmondson of Crye-Leike Inc. Realtors; Eric Fuhrman of Crye-Leike Commercial; Keith Gilliam of Weichert Realtors; and Grace Uhlhorn of Keller Williams Realty.

52. Financial Services Firm Takes Floor in Clark Tower -

In this week’s Real Estate Recap, a financial services firm inks a full floor in Clark Tower and Crosstown High School files a $4.1 million permit to build-out space in the Crosstown Concourse for its charter school that is scheduled to open next fall. 


53. Bartlett Retail Portfolio Sells for $2.3 Million -

A six-building retail portfolio in Bartlett has switched hands for $2.3 million.

Kam Investments purchased the buildings, which total 34,000 square feet and are located in the 5800 block of Stage Road near the intersection of Stage and Bartlett Boulevard.

54. ThyssenKrupp Signs Southeast Memphis Lease -

ThyssenKrupp Materials NA, Inc. has signed lease to occupy 80,000 square feet in the Raines Distribution Center in Southeast Memphis.

55. Pottery Studio/Coffee House to Open on Highland Strip -

549 S. Highland St.
Memphis, TN 38122

Lease Size: 2,788 square feet

56. Appliance Company Inks Memphis Industrial Lease -

CE North America, a subsidiary of appliance maker CEM Global, recently signed a lease to occupy a 45,000-square-foot facility in Southeast Memphis.

Hank Martin, NAI Saig Co. vice president and business manager, represented the tenant in the deal, while Tim Mashburn, vice president of Collier International’s Industrial Division, represented the landlord, DP 73 LLC.

57. Appliance Company Inks Lease in Southeast Memphis -

CE North America, a subsidiary of appliance maker CEM Global, recently signed a lease to occupy a 45,000-square-foot facility in Southeast Memphis.

Hank Martin, NAI Saig Co. vice president and business manager, represented the tenant in the deal, while Tim Mashburn, vice president of Collier International’s Industrial Division, represented the landlord, DP 73 LLC.

58. First Alliance Bank Inks 10-Year Lease to Move to Clark Tower -

Memphis-based First Alliance Bank has signed a 10-year lease to relocate its Poplar Avenue branch into the recently remodeled Clark Tower office building.


5100 Poplar Ave.
Memphis, TN 38137

59. Expeditors Signs Lease In Pilot Distribution Center -

Seattle-based logistics company Expeditors has signed 100,000-square-foot lease in the Pilot Distribution Center, located at 4221 Pilot Drive.

60. Developer Sells Pair Of Bartlett Office Buildings -

Freestanding office buildings at 6590 and 6591 Summer Ave. in Bartlett have sold for just less than $1 million.

61. Developer Sells Pair of Bartlett Office Buildings -

Freestanding office buildings at 6590 and 6591 Summer Ave. in Bartlett have sold for just less than $1 million.

62. Malco Pulls Additional Building Permit for Downtown Theater -

Malco Theatres’ Downtown movie theater continues to take shape, with the Memphis-based cinema chain seeking its second multimillion-dollar building permit for the project in recent months.


45 E. G.E. Patterson Ave.
Memphis, TN 38103
Permit Amount: $5 million

63. Malco Pulls Additional Building Permit for Downtown Theater -

45 E. G.E. Patterson Ave.

Memphis, TN 38103

Permit Amount: $5 million

Project Cost: $55 million

Application Date: July 2017

Owner: Henry Turley Co. and Community Capital

64. Cordova Shopping Center Sells for $2.3 Million -

The Woodchase Center, located at 2075 N. Germantown Parkway, has a new owner.

Dr. Alan Werner purchased the 28,484-square-foot retail building from MAM Realty Holdings of Memphis LLC for $2.3 million. Brian Califf, executive vice president of NAI Saig, represented Werner, while Melanie Myers with the Gary Myers Co. represented MAM Realty Holdings.

65. UWT Logistics Renews Lease in Pilot Center -

UWT Logistics will renew its 100,000-square-foot lease in the Pilot Distribution Center located at 4221 Pilot Drive in Southeast Memphis.

66. East Memphis Office Building Sells for $7 Million -

A 79,000-square-foot office building in East Memphis has switched hands in a multimillion-dollar deal.

Gregory Realty GP purchased the Class B building at 855 Ridge Lake Blvd. for $7 million from Israel-based investors Faropoint Ventures, doing business as Ridge Lake TN Realty Holdings LLC.

67. East Memphis Office Building Sells for $7 Million -

A 79,000-square-foot office building in East Memphis has switched hands in a multimillion-dollar deal.

Gregory Realty GP purchased the Class B building at 855 Ridge Lake Blvd. for $7 million from Israel-based investors Faropoint Ventures, doing business as Ridge Lake TN Realty Holdings LLC.

68. Cooper-Young Getting New Coffee House -

945 Cooper St.
Memphis, TN 38104

Permit Amount: $85,750

Application Date: July 2017

69. UWT Logistics Renews Lease in Pilot Center -

UWT Logistics will renew its 100,000-square-foot lease in the Pilot Distribution Center located at 4221 Pilot Drive. Hank Martin and Elliot Embry with NAI Saig Co. represented the landlord, Sealy Co., in the deal.

70. Two Bartlett Buildings Sell for $2.7M -

Two flex buildings totaling 30,796 square feet on 3.16 acres of land at 7895 Stage Hills Blvd. in Bartlett were sold for $2.7 million.

71. $18.5 Million Permit Filed for Central Station Project -

In this week’s Real Estate Recap, developers pull an $18 million permit for the Central Station overhaul, another new Downtown hotel is in the works and the new Laurelwood bookstore gets a restaurant...

72. Cordova Shopping Center Inks Tenant Wing King -

The Wolf River Commons Shopping Center, located at 420 S. Germantown Parkway, is now fully leased as a three-year, $69,459 deal will bring a Wing King into the last 1,335-square-foot bay.

73. Demand for Smaller Industrial Facilities Growing -

Even though massive deals like Niagara Bottling’s 554,000-square-foot facility and McCormick & Co.’s 615,000-square-foot operation next door in Gateway Global Logistics Center often steal the spotlight, they only paint part of the picture of North Mississippi’s industrial market.

74. North Mississippi Developers Gear Up to Land Large Clients -

With almost 3.5 million square feet of speculative space floating around in North Mississippi just between Crossroads Distribution Center and Gateway Global Logistics Center alone, it appears that there is no shortage of interest in the region from prospective clients.

75. Medical District Apartments Sell for $5.2 Million -

A medical district apartment switches hands in a multimillion-dollar deal, a Downtown developer plans an apartment complex near FedExForum, and a California investor buys a local industrial portfolio. Details in this week’s Real Estate Recap...

76. Collierville Retail Building Sells for $2.5 Million -

A Collierville retail center at 1204 W. Poplar Ave. has sold for $2.5 million.

Bryan Evans with NAI Saig Co. represented the buyer, TH Magnolia Sands, in the purchase of the 7,562-square-foot building. Patt Bullock with Gill Properties represented the seller, Gill Retail GP.

77. Collierville Retail Building Sells for $2.5 Million -

A Collierville retail center at 1204 W. Poplar Ave. has sold for $2.5 million.

Bryan Evans with NAI Saig Co. represented the buyer, TH Magnolia Sands, in the purchase of the 7,562-square-foot building. Patt Bullock with Gill Properties represented the seller, Gill Retail GP.

78. Faropoint Acquires Massive Industrial Portfolio for $33.1M -

Looking to continue its recent trend of bullish activity in the Memphis market, Faropoint Ventures has acquired a 1.1-million-square-foot industrial portfolio for $33.1 million. Details on that and more commercial real estate news in this week's Real Estate Recap...

79. Faropoint Acquires Massive Industrial Portfolio for $33.1M -

Looking to continue its recent trend of bullish activity in the Memphis market, Faropoint Ventures has acquired a 1.1 million-square-foot industrial portfolio for $33.1 million.

The seller was Greenfield Partners LLC, a Connecticut-based private equity firm. 

80. Shops of Wolflake Near Wolfchase Sells for $4.8M -

2965 N. Germantown Parkway
Bartlett, TN 38133 

Sale Amount: $5 million

Sale Date: March 31

Buyer: WFL Retail LLC

81. Shops of Wolflake Sells for $4.8 Million -

A Germantown Parkway shopping center near Wolfchase Galleria has switched hands for nearly $5 million, according to a warranty deed filed with the Shelby County Register of Deeds March 31.

Called the Shops of Wolflake, the Bartlett shopping center is located between St. Francis Hospital-Bartlett and the Wolfchase mall and is anchored by Eat Well Sushi and Grill.

82. Shops of Wolflake Near Wolfchase Sold for $4.8M -

A Germantown Parkway shopping center near Wolfchase Galleria has switched hands for nearly $5 million, according to a warranty deed filed with the Shelby County Register of Deeds March 31.

Called the Shops of Wolflake, the Bartlett shopping center is located between St. Francis Hospital-Bartlett and the Wolfchase mall and is anchored by Eat Well Sushi and Grill.

83. Hickory Hill Home Depot Site Sells for $15 Million -

3469 Riverdale Road
Memphis, TN 38115 

Sale Amount: $15.7 million

Sale Date: March 3, 2017

Buyer: Spirit Realty Capital

84. Six Acres Sold In Southeast Memphis -

A sizeable parcel of undeveloped land near a busy intersection in Southeast Memphis has switched hands for $784,000.

Bryan Evans with NAI Saig Co. represented the buyer, New Development LLC, while Andrew Phillips with Colliers International represented the seller, Forest Bend Properties LLC, in the Feb. 24 deal.

85. Mallory Alexander Inks Three-Year Industrial Lease -

Memphis-based shipping company Mallory Alexander International Logistics has signed a three-year lease for space at 4221 Pilot Drive.

86. Six Acres Sold In Southeast Memphis -

A sizeable parcel of undeveloped land near a busy intersection in Southeast Memphis has switched hands for $784,000.

Bryan Evans with NAI Saig Co. represented the buyer, New Development LLC, while Andrew Phillips with Colliers International represented the seller, Forest Bend Properties LLC, in the Feb. 24 deal.

87. Mallory Alexander Inks Three-Year Lease -

Memphis-based shipping company Mallory Alexander International Logistics has signed a three-year lease for space at 4221 Pilot Drive.

88. CRE Brokers Speculate on Future of Commercial Appeal Headquarters -

When USA Today Network executive and president of The Tennessean newspaper Laura Hollingsworth came into town the day after The Commercial Appeal announced printing operations will be moving to Jackson, Tennessee, she told the staff that while no immediate plans were in place, selling the daily paper’s iconic building was certainly a possibility down the road.

89. Temple Israel Expanding Into Crosstown Concourse -

495 N Watkins St.
Memphis, TN 38104

Tenant: Temple Israel

Details: In a letter that went out to its congregation over the weekend, Temple Israel announced plans to expand into the Crosstown Concourse this summer.
Officials said the new Crosstown campus won’t be a second synagogue, but will instead enhance the Temple’s community outreach programs.
“We believe that Temple will thrive in Crosstown and that you, the members, will be truly amazed by the collaboration in the years ahead,” Temple Israel president Elkan Scheidt said in the email. “Crosstown’s creativity, innovation, and social-action focus aligns seamlessly with Temple and Reform Judaism’s inclusive philosophy.”
Temple Israel formed a preliminary Crosstown committee, which included Cara Greenstein, Alex Shindler, Daniel Kiel, Meggan Kiel, Bruce Landau, Susanne Landau, Joanna Lipman, Josh Lipman, Liz Rudnick and Elton Parker to discuss the move before deciding to sign a lease for a 1,200-square-foot “Midtown Living Room” in the Concourse.
“By offering countless programming and Tikkun Olam opportunities, Temple Israel Crosstown will bring the celebrated Temple Israel spirit of 38120 to 38104,” the announcement went on to say. “It will also become a new member gateway for unaffiliated Downtown/Midtown Jews and newcomers to Memphis.”
“Tikkun Olam, Hebrew for “repairing this broken world,” expresses the fundamental Jewish idea that what we do to heal the hurt and help those who are suffering most – in our city and in this world – is what matters most to the one God who loves us all,” Rabbi Micah Greenstein, senior rabbi at Temple Israel, said.
The email outlined some of the programs Temple Israel could offer in Crosstown, such as partnerships with their Crosstown neighbors, lunch and learns, baby-and-me classes, Hebrew tutoring and Women of Reformed Judaism-Sisterhood knitting for the Manna House.
Temple Israel, which is located at 1376 E. Massey Road, was founded in 1854 as the first permanent Jewish house of worship in Tennessee and now serves 1,500 member families in the Memphis area. 

90. Airport-Area Property Sells for $300,000 -

A nearly 3-acre parcel with a pair of 30,000-plus-square-foot buildings near the Memphis International Airport has sold for $300,000.

The parcel, which is located at 3592 Knight Arnold Road near Kathy Cove, is home to a 35,000-square-foot warehouse and a 31,200-square-foot office building.

91. Airport-Area Property Sells for $300,000 -

A nearly 3-acre parcel with a pair of 30,000-plus-square-foot buildings near the Memphis International Airport has sold for $300,000.

The parcel, which is located at 3592 Knight Arnold Road near Kathy Cove, is home to a 35,000-square-foot warehouse and a 31,200-square-foot office building.

92. Ernest Strickland Takes On Workforce Role at Chamber -

The Greater Memphis Chamber has promoted Ernest Strickland to senior vice president of workforce development, a newly created role. Strickland, who has worked at the chamber since 2006, previously served as vice president of international and business partnerships.
In his new position, he is responsible for creating and implementing the chamber’s workforce development strategy. His department serves as a liaison, working directly with existing and prospective businesses to ensure they are able to attract and retain a qualified workforce today and in the future.

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

7930 Germantown Parkway
Memphis, TN 38133 

Landlord: Brixmor Property Group 

Tenant: Dave & Buster’s 

94. Former Collierville Church Sells for $500,000 -

The building that formerly housed Orchard Fellowship Church, located at 140 S. Main St. in Collierville, has been purchased by Chris Dickens and Associates LLC for $500,000.

95. Midtown Retail Property Sells for $5 Million -

1625 Poplar Avenue

Memphis, TN 38104 

Sale Amount: $5 million

Sale Date: Dec. 21, 2016

96. Large Deals, Office Construction Among Memphis' Commercial Real Estate Trends -

Coming off of a strong year in 2015, the commercial real estate market in the Memphis metropolitan area continued to do well in 2016.

Larry Jensen, president and CEO of Cushman & Wakefield/Commercial Advisors, said his company was tracking approximately 6 million square feet of net absorption in the industrial market headed into the last week of 2016, as compared to 8.4 million in 2015.

97. Developer Buys Former Merle Norman Warehouse -

3670 S. Perkins Road

Memphis, TN 38118

Sale Amount: $1.3 million

Sale Date: December 2016

Buyer: Farnsworth Investment Co.

98. American Car Care Signs 9-Year Lease at Lenox Park -

American Car Care has signed a lease with Lenox Park C-F Owner LLC for 17,427 square feet in Lenox Park Building E, located at 6775 Lenox Center Court.

99. Developer Buys Former Merle Norman Warehouse -

Merle Norman Cosmetics Inc. has sold its former Memphis distribution center to local real estate developer Thomas Farnsworth Jr. for $1.3 million.

100. Local Developer Buys Former Merle Norman Warehouse -

Merle Norman Cosmetics Inc. has sold its former Memphis distribution center to local real estate developer Thomas Farnsworth Jr. for $1.3 million.