Ohio-based tire manufacturer Cooper Tire & Rubber Co. will lease a 1 million-square-foot warehouse in Gateway Global Logistics Center in Marshall County that Newport, California-based Panattoni Development Co. broke ground on Wednesday, Feb. 7. 

2. Industrial Market Closes 2017 With Strong Q4 - Wednesday, January 3, 2018

The Memphis industrial market finished the year strong by adding almost 1 million square feet of net absorption in the fourth quarter, bringing the 2017 total to more than 4.3 million square feet.

It also marked the 18th consecutive quarter of positive net absorption for the Memphis market, capping off a more than four-year span that has seen more than 23 million square feet of space absorbed, according to brokerage firm CBRE’s Q4 Industrial MarketView report.

3. Piece by Piece: Construction Projects Flourishing Throughout Mid-South - Saturday, December 9, 2017

With $11 billion spread out among more than 300 active projects in the Memphis area, according to data from brokerage firm Cushman & Wakefield/Commercial Advisors, it’s safe to say business in the region is good.

4. Avison Young’s Memphis Office Uses Diversified Approach - Tuesday, August 22, 2017

Eighteen months ago, real estate brokers Shane Soefker and Jacob Biddle decided they wanted to do things a little differently, so they left their jobs at a local brokerage firm and set off on their own.

5. Avison Young’s Memphis Office Finds Strength In Diversified Approach - Saturday, August 19, 2017

Eighteen months ago, real estate brokers Jacob Biddle and Shane Soefker decided they wanted to do things a little differently, so they left their jobs at a local brokerage firm and set off on their own.

6. Fully Loaded - Saturday, July 29, 2017

It’s almost like the first half of 2017 was a decade in the making, at least when it comes to commercial real estate. Throughout all four major sectors of the Memphis-area commercial real estate market – industrial, office, retail and multifamily – figures are consistently reaching or exceeding pre-recession marks.

7. Demand for Smaller Industrial Facilities Growing - Wednesday, May 31, 2017

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.

8. Last Word: Popovich's Tip, Strickland's Budget and Haslam's Jump Start on Roads - Wednesday, April 26, 2017

Game 5 goes to the Spurs in San Antonio 116-103 over the Grizz who are back here Thursday. Spurs coach Gregg Popovich is not effusive in his comments to the media, which is fun to watch, but it does make tracking down and veryifying this next story a bit difficult. A credit card receipt showed up on Redditt that appears to show Popovich left a $5,000 tip on an $815.73 bill at McEwen’s Friday night between the two Memphis-based playoff games.

9. Panattoni Moving Forward With Phase Two of Industrial Park - Wednesday, April 26, 2017

Since it first broke ground in 2014, Panattoni Development Co.’s Gateway Global Logistics Center has delivered 4.4 million square feet of industrial facilities, $276 million in investment and almost 700 jobs to a formerly vacuous tract of land spanning the Tennessee-Mississippi border.

10. Memphis Industrial Market Continues Strength in Q1 - Tuesday, April 11, 2017

The Memphis area industrial real estate market closed the first quarter with positive net absorption, a strong start to 2017 that builds on a nearly four-year streak.

The market closed with 1.3 million square feet of positive net absorption and a total vacancy rate of 8 percent, according to commercial real estate company CBRE’s Q1 2017 Memphis Industrial MarketView report. It is the 15th consecutive quarter the market has closed with positive net absorption.

11. Memphis Industrial Market Continues Positive Trend in 2017 - Monday, April 10, 2017

The Memphis area industrial real estate market closed the first quarter with positive net absorption, a strong start to 2017 that builds on a nearly four-year streak.

The market closed with 1.3 million square feet of positive net absorption and a total vacancy rate of 8 percent, according to commercial real estate company CBRE’s Q1 2017 Memphis Industrial MarketView report. It is the 15th consecutive quarter the market has closed with positive net absorption.

12. Water Bottler to Open $78M Plant Near Byhalia, Hiring 38 - Friday, December 16, 2016

BYHALIA, Miss. (AP) – A water bottling company will open a $78 million facility in Marshall County next year, hiring 38 workers.

Niagara Bottling, based in Ontario, California, is buying a 554,000-square-foot building in the Chickasaw Trail Industrial Park from Panattoni Development Co. Niagara makes private-label bottled waters, tea and sports drinks for retailers.

13. Commercial Real Estate Market On Strong Run - Wednesday, November 2, 2016

When it comes to commercial real estate, Memphis is on a tear at the moment.

That’s according to Andy Cates, president and CEO of brokerage services for Colliers International in Memphis. Looking back on 2016, he’s ebullient about the abundant new construction that has characterized the year, as well as the large amount of capacity still in place and the promise of what’s to come in 2017.

14. Last Word: Election Impact, Fun with Election Cross Tabs and DeSoto vs. Marshall - Tuesday, November 1, 2016

Now, about the idea being discussed starting late last week that when the Feds are looking at someone running for office or holding office they have to take into consideration how close the next election is for that person.

15. Industrial Real Estate Competition Heats Up Between DeSoto, Marshall - Saturday, October 29, 2016

A North Mississippi industrial park more than 10 years in the making is reaching the finish line. By next May, Hillwood Investment Co. will wrap construction on a 947,000-square-foot warehouse on the final parcel in the DeSoto Trade Center.

16. Logistical Nightmare - Saturday, October 1, 2016

Lamar Avenue is a $300 million problem. Rush hour on Lamar turns into several hours, and for the hundreds of distribution centers located near the corridor, just-in-time delivery is nearly impossible in the face of miles of congested traffic.

17. Downtown Office Market Picking Up, Industrial Market Could Get Hotter - Saturday, August 20, 2016

Memphis’ office and industrial markets saw strong second quarters, with increased absorption and positive outlooks for the rest of the year.

The quarter was dominated by ServiceMaster Global Holdings’ announcement that it was moving its headquarters from East Memphis to the shuttered Peabody Place mall. The home services and tech company will transform the former mall into a $27 million, Class A office building.

18. Memphis MSA Industrial Sector Has A Strong First Quarter After Record 2015 - Saturday, May 7, 2016

The Memphis MSA industrial sector had a strong first quarter after a record-breaking year in 2015.

Last year saw a record absorption rate of 8.4 million square feet, which is 2 million square feet higher than 2006’s pre-recession levels.

19. Moving Dirt - Saturday, April 9, 2016

The Memphis development community is looking inward and upward to increase density in the urban core. New construction is happening across all four commercial real estate sectors, with long-anticipated projects like Trader Joe’s and the redevelopment of Central Station finally coming to fruition. Construction and operating costs continue to be a challenge as new projects hit the top of their class to command higher rents.

20. Biden Praises Benefits of 2009 Stimulus Package at Rail Yard - Friday, February 19, 2016

For 36 years Vice President Joe Biden was an Amtrak train commuter, traveling an estimated 2 million miles in his daily trips to Washington D.C. as a U.S. senator from Delaware.

So when he arrived at the Memphis Regional Intermodal Facility in Rossville Wednesday, Feb. 17, Biden’s photo-op with workers at the Norfolk Southern rail yard before his speech became a long walk to the podium.

21. New Numbers: Memphis Industrial Market Breaks Records - Friday, February 12, 2016

The Memphis industrial sector had a banner year in 2015. According to year-end data from Cushman & Wakefield/Commercial Advisors, last year’s absorption level came in at 8.4 million square feet, 2 million square feet higher than 2006’s pre-recession levels and a record for the market.

22. Memphis, North Mississippi Competition Raises Questions - Saturday, December 5, 2015

When leaders of the city-county Economic Development Growth Engine didn’t grant developers a $24 million tax abatement to build an industrial park on the site of the former Mall of Memphis, some saw it as more kindling for competition between the industrial markets of North Mississippi and Southeast Shelby County.

23. St. Jude Files $10 Million Construction Permit - Tuesday, December 1, 2015

650 St. Jude Place
Memphis, TN 38105

Permit Amount: $10 million

Application Date: Nov. 24, 2015

Owner: St. Jude Children’s Research Hospital

Tenant: St. Jude Children’s Research Hospital

24. Post Brands Signs Major Lease In Marshall County - Saturday, November 28, 2015

Memphis is home to a distribution facility for Post Consumer Brands thanks to a 677,160-square-foot lease recently signed at the Gateway Global Logistics Center.

The second-largest industrial lease for the third quarter is housed at Panattoni Development Co.’s speculative Building II.

25. Post Brands Signs Major Lease in Marshall County - Thursday, November 26, 2015

Memphis is home to a distribution facility for Post Consumer Brands thanks to a 677,160-square-foot lease recently signed at the Gateway Global Logistics Center.

The second-largest industrial lease for the third quarter is housed at Panattoni Development Co.’s speculative Building II.

26. Office, Industrial Real Estate Enjoy Strong Third Quarter - Saturday, October 31, 2015

Memphis’ industrial and office sectors are seeing healthy activity, and some areas are experiencing record fundamentals.

At the Crescent Center building in East Memphis, prices per square foot have reached $30.50, a level that hasn’t been seen before in the Memphis market.

27. Huge Memphis Industrial Lease Caps Busy Q3 - Friday, October 23, 2015

The largest lease of the year has gone to a Fortune 500 Company.

TJX Cos., the parent company of T.J. Maxx, Homegoods and Marshalls, signed on with 800,000 square feet at Memphis Oaks III in Southeast Memphis.

28. Boyle Buys Vining Sparks HQ For $16.3M - Tuesday, October 20, 2015

776 Ridge Lake Boulevard
Memphis, TN 38120

Sale Amount: $16.3 million

Sale Date: Oct. 15

29. Holmes Road Warehouse Gets $5M Expansion - Friday, October 16, 2015

Panattoni Development Co. has filed a $5 million building permit for interior alterations to the Memphis Oaks III warehouse.

30. 'En Fuego' - Saturday, August 1, 2015

When Southaven Mayor Darren Musselwhite took office in June 2013, one of the first tasks that landed on his desk was a long-planned regional outlet mall.

The outlet mall, planned for a roughly 33-acre site at Church Road and Interstate 55 in the DeSoto County city, had been on the drawing board for some time, but the recession and its aftermath caused developers and Mississippi officials to put it on hold.

31. Volvo Group Unveils $70M Byhalia Distribution Center - Saturday, July 4, 2015

Volvo Group inaugurated its new 1 million-square-foot distribution center in Byhalia, Miss.

The $70 million facility – located at 100 Global Gateway Drive inside Panattoni Development Co.’s Gateway Global Logistics Center – supports the company’s Mack and Volvo truck brands, as well as Volvo Construction Equipment and Volvo Penta.

32. Volvo Group Unveils $70 Million Byhalia Distribution Center - Wednesday, July 1, 2015

Volvo Group inaugurated its new 1 million-square-foot distribution center in Byhalia, Miss.

The $70 million facility – located at 100 Global Gateway Drive inside Panattoni Development Co.’s Gateway Global Logistics Center – supports the company’s Mack and Volvo truck brands, as well as Volvo Construction Equipment and Volvo Penta.

33. Housing Crash Sends Beeson Into Commercial Real Estate - Saturday, February 28, 2015

Jacque Beeson entered the world of real estate when she was 19-years-old, working as an assistant to a homebuilder developing subdivisions. She stayed in the residential sector for 17 years, until the local housing market bottomed out in 2010.

34. Memphis Industrial Market Rebounds in 2014 - Monday, January 5, 2015

The upswing in the industrial real estate sector that started in 2012 and gained momentum in 2013 continued in 2014 and the Memphis market, fueled by several large transactions late in the year, should top 2013's level of around 3.2 million square feet of absorption.

35. Big Deals Highlight 2014 Real Estate - Thursday, January 1, 2015

In Inked, we like to highlight local real estate transactions and the often-interesting companies leasing or buying commercial real estate space in the Memphis market. We also like to keep you informed about major deals before they happen and track companies that are critical to the local economy. Here are some important items that appeared in Inked in 2014.

36. New Industrial Market Takes Hold in Marshall, Fayette Counties - Saturday, December 13, 2014

In November, Volvo began operations at its new parts distribution center in Marshall County, Miss.

The 1 million-square-foot distribution center inside Panattoni Development Co.’s Gateway Global Logistics Center is the centerpiece of the company’s streamlined North American parts distribution network and helped solidify the Marshall County and Fayette County, Tenn., region as a major player in local industrial real estate.

37. Volvo Parts Center Begins Operations - Saturday, November 29, 2014

Limited operations began this month at the new Volvo parts distribution center in Marshall County, Miss.

The 1 million-square-foot distribution center supports the company’s Mack, Volvo and UD Trucks brands, as well as Volvo Construction Equipment and Volvo Penta.

38. Volvo Parts Center Begins Operations - Monday, November 24, 2014

Limited operations began this month at the new Volvo parts distribution center in Marshall County, Miss.

The 1 million-square-foot distribution center supports the company’s Mack, Volvo and UD Trucks brands, as well as Volvo Construction Equipment and Volvo Penta.

39. Real Estate Rally - Saturday, November 1, 2014

Commercial real estate can offer insight into the strength of the local economy. Through the office, retail, industrial and apartment developments that mark the region the economy at work in the real world can be seen.

40. Roxul Opening 17 Years in Making - Friday, September 26, 2014

U.S Sen. Roger Wicker of Mississippi searched the 1997 Congressional Record this week before he arrived in Marshall County for the formal opening of the Roxul Inc. plant.

41. Cummins Eyes Memphis Site for Expansion - Thursday, September 25, 2014

Cummins Inc. is eyeing a Memphis property for a planned expansion of the company’s distribution operations, a move that would be welcome news for Memphis officials.

42. Roxul Plant Makes Debut in Marshall County - Wednesday, September 24, 2014

Almost a year and a half after breaking ground in Marshall County just south of the state line with Collierville and Fayette County, executives of the Danish company Roxul Inc. will formally open Wednesday, Sept. 24, their $160 million plant and packaging site in the Chickasaw Trail Industrial Park.

43. Marshall County in Running for Cummins Jobs - Tuesday, August 19, 2014

Add the burgeoning industrial area in Marshall County, Miss., to the list of communities competing for a significant chunk of the Cummins Inc. jobs that are currently in Memphis.

44. Asics America to Expand Byhalia Footprint - Saturday, July 19, 2014

Asics is expanding its central footwear and apparel distribution center inside the Chickasaw Trail Industrial Park area by 342,144 square feet.

The expansion comes on the heels of a 513,000-square-foot build-to-suit completed in 2010, and now will consolidate the footwear distribution center with the apparel distribution center, which was previously located in Southaven. Asics hopes to improve its overall efficiency by combining the two components under one roof, which will total 855,144 square feet.

45. Asics America to Expand Byhalia Footprint - Tuesday, July 15, 2014

Asics is expanding its central footwear and apparel distribution center inside the Chickasaw Trail Industrial Park area by 342,144 square feet.

The expansion comes on the heels of a 513,000-square-foot build-to-suit completed in 2010, and now will consolidate the footwear distribution center with the apparel distribution center, which was previously located in Southaven. Asics hopes to improve its overall efficiency by combining the two components under one roof, which will total 855,144 square feet.

46. Asics America Expanding in Byhalia - Saturday, July 12, 2014

Asics America Corp. is expanding its footprint in Byhalia, Miss.

The company is adding 342,144 square feet to its central footwear and apparel distribution center inside the Chickasaw Trail Industrial Park.

47. ‘Significant Headwinds’ - Saturday, July 5, 2014

When Gov. Bill Haslam joined local economic development and civic officials at FedExForum in January to announce that Conduit Global would open a call center in Shelby County that would employ 1,000 people over the next three to five years, it provided a much-needed boost to the local office real estate sector.

48. Problem Solvers - Thursday, July 3, 2014

Rick Smith is director of property management for Finard Properties, the commercial real estate firm that owns and manages properties such as the landmark Poplar Plaza shopping center at Poplar Avenue and Highland Street.

49. Bourland Heflin to Expand, Renovate Poplar Home - Friday, May 16, 2014

A Memphis law firm is expanding its East Memphis office and improving public areas for clients and visitors.

Bourland Heflin Alvarez Minor & Matthews PLC renewed and expanded its lease in the 5400 Poplar Ave. office building.

50. Volvo Group’s Byhalia Facility to Employ 250 - Tuesday, May 13, 2014

The Volvo Group will build a massive new distribution center in Byhalia, Miss., that should employ around 250 people.

The 1 million-square-foot distribution center will support the company’s Mack, Volvo and UD truck brands, as well as Volvo Construction Equipment and Volvo Penta. 

51. Area Industrial Market Poised for Solid Year - Saturday, May 3, 2014

All signs are pointing toward a strong year for the Memphis-area industrial market.

The Memphis market closed the first quarter with 897,829 square feet of absorption and the total vacancy rate for the Memphis market – 10.8 percent - is the lowest the market has experienced in 14 years, according to CB Richard Ellis Memphis.

52. Office Occupancy Ends 2013 on High Note - Tuesday, February 4, 2014

An unusually strong fourth quarter helped push the overall Memphis office market occupancy rate into positive territory for 2013, according to year-end commercial real estate market reports.

The Memphis market recorded absorption of 225,338 square feet in the fourth quarter – the largest positive absorption the market has experienced during any quarter in more than 10 years – to end the year with positive net absorption of 40,558 square feet, according to CB Richard Ellis Memphis.

53. Full Steam Ahead - Monday, January 27, 2014

A burgeoning distribution and logistics market for the Mid-South is taking root in the rich Delta soil in Marshall County, Miss., and Fayette County, Tenn.

Industrial developers and their tenants, lured by the availability of large tracts of land, major infrastructure enhancements, a new intermodal facility and friendly, focused public policy, are increasingly targeting the area.

54. Full Steam Ahead - Saturday, January 25, 2014

A burgeoning distribution and logistics market for the Mid-South is taking root in the rich Delta soil in Marshall County, Miss., and Fayette County, Tenn.

Industrial developers and their tenants, lured by the availability of large tracts of land, major infrastructure enhancements, a new intermodal facility and friendly, focused public policy, are increasingly targeting the area.

55. New Life - Saturday, January 18, 2014

When Rob Clark and his wife moved into their home in the historic Evergreen neighborhood in 1993, catalog and distribution operations were still active at the Sears Crosstown building.

That soon changed, and for roughly two decades the hulking property stood as a towering, painful reminder of the area’s faded glory.

56. New Life - Monday, January 20, 2014

When Rob Clark and his wife moved into their home in the historic Evergreen neighborhood in 1993, catalog and distribution operations were still active at the Sears Crosstown building.

That soon changed, and for roughly two decades the hulking property stood as a towering, painful reminder of the area’s faded glory.

57. Industrial Uptick Seen in Outer Counties - Friday, December 27, 2013

The Memphis industrial market saw the return of speculative development in 2013 and an uptick in tenants seeking blocks of 500,000 square feet or more.

After suffering through a prolonged slump in industrial construction activity following the economic collapse and resulting recession, industrial development outside of Shelby County in the Memphis market roared back to life in 2013.

58. Hot-Button Issue - Saturday, December 14, 2013

When the Economic Development Growth Engine of Memphis and Shelby County was formed in 2011, president and CEO Reid Dulberger knew it would take the organization a little time to gain its footing.

At first, EDGE did not have its own staff or its own office, and it lacked financial and operational control of several key component parts, such as the Port of Memphis and Shelby County and the Depot Area Development Corp.

59. Commercial Real Estate Market Reawakens - Saturday, November 9, 2013

After suffering through a prolonged slump, the Memphis commercial real estate market this year began to shake off the rust that gathered during the “Great Recession,” and brighter days could be ahead for the prime markets in the apartment, retail, office and industrial sectors, according to local experts.

60. Experts to Provide CRE Outlook at Seminar - Friday, October 25, 2013

Class A office space in East Memphis reigns supreme, which should continue to drive up rental rates, while industrial developers are ramping up activity outside the city of Memphis.

Those trends and others in commercial real estate will be the subject of discussion Thursday, Nov. 7, during the 2013 Commercial Real Estate Review & Forecast, one of six seminars in The Daily News’ 2013 Seminar Series.

61. Panattoni’s Speculative Warehouse Underway - Friday, October 18, 2013

In industrial development news, construction on Panattoni Development Co.’s speculative industrial building in Marshall County, Miss., is progressing.

62. Handful of Projects on Horizon, but Construction Still Struggling - Saturday, September 7, 2013

Commercial real estate construction activity in the Mid-South perked up modestly this year following a sluggish 2011 and 2012, and industry execs are cautiously optimistic that the positive trajectory will continue through next year.

63. Bumper Crop - Saturday, July 13, 2013

Unless you see the signs, it is hard to tell when you have crossed the Tennessee-Mississippi state line where Fayette County, Tenn., meets Marshall County, Miss., not too far from the southern city limits of Collierville.

64. Government Largesse - Saturday, June 8, 2013

These days, it seems like office real estate brokers are fighting tooth and nail to find office space for government tenants.

While office brokers are typically chasing new business to town or urging existing firms to grow, they’re now looking for office space for government agencies, which have emerged as prominent players in the local office real estate sector.

65. Optimism Returns to Industrial Market - Saturday, May 25, 2013

Following the bloody recession and its brutal aftermath, one word has begun to creep back into the local industrial real estate lexicon: optimism.

“I wouldn’t say we’re out of the woods yet but there’s a bunch of positive momentum out there,” said Jim Mercer, executive vice president of brokerage services at CB Richard Ellis Memphis. “People are cautiously optimistic.

66. Helen of Troy Plans Build-to-Suit - Thursday, January 10, 2013

Helen of Troy Ltd., a manufacturer and distributor of household products, has finalized plans to build a 1.3 million-square-foot distribution facility in Olive Branch.

The $37 million facility will be constructed on a 77-acre site in the Whispering Woods development on Polk Lane in DeSoto County. CB Richard Ellis Memphis brokers Patrick Burke, Tommy Jackson and Jim Mercer represented Panattoni Development Co. in the land sale and build-to-suit negotiations to Helen of Troy, which closed on Dec. 28.

67. Norfolk Southern Increases Activity - Friday, January 4, 2013

Norfolk, Va.-based Norfolk Southern Corp. expects to continue increasing operations this year at its new Memphis Regional Intermodal Terminal in Rossville, just east of Collierville.

68. Changing Market - Wednesday, January 2, 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.

69. Fayette, Marshall Prep for Ambitious Industrial - Monday, December 17, 2012

With Norfolk Southern Corp.’s Memphis Regional Intermodal Terminal now operational in Rossville and a pair of large-scale industrial manufacturing buildings under way in the area, stakeholders say the future is bright for the region.

70. Levenger Leases Up EastPark IV - Friday, December 14, 2012

A Delray Beach, Fla.-based specialty retail company is relocating its Memphis distribution warehouse within the Southeast submarket.

Levenger has inked 96,400 square feet in EastPark Distribution Center IV, 5265 Hickory Hill Road, bringing the 372,800-square-foot building to full occupancy. Levenger also has an operation at 3530 E. Raines Road.

71. Urban Land Institute: Memphis Recovering Slowly, Behind Nashville - Thursday, December 6, 2012

Memphis’ economy and commercial real estate industry is recovering, but not as fast as other places – like Nashville.

That was the message local professionals heard Tuesday, Dec. 4, at the Urban Land Institute Memphis’ 2013 Real Estate Outlook for the Mid-South.

72. Seminar Underscores Commercial Sectors’ Highs, Lows - Monday, November 5, 2012

Memphis’ commercial real estate market for the most part appears to mirror national trends, with all four sectors boasting challenges and bright spots so far this year.

That was a message a room full of real estate professionals received when The Daily News hosted its second annual Commercial Real Estate seminar Thursday, Nov.1, at the Memphis Brooks Museum of Art, sponsored by Magna Bank and Evans Petree PC.

73. Foreclosure Notices Filed for Panattoni Land - Thursday, March 22, 2012

Vacant parcels on Holmes Road in Hickory Hill could be headed for a foreclosure sale after a group of borrowers that included Panattoni Development Co. leaders defaulted on multimillion-dollar construction loans, according to two first-run foreclosure notices in The Daily News Thursday, March 22.

74. Yogurt Shop Slated for South Main Street - Tuesday, February 1, 2011

94 S. Main St.
Memphis, TN 38103
Permit Amount: $80,000

Project Cost: n/a
Permit Date: Applied January 2011
Completion: n/a
Owner: BMJ LLC
Tenant: BMK of Memphis LLC

75. Hickory Hill Warehouse Sells for $11.4 Million - Monday, January 31, 2011

PanCal Eastpark Four 124 LLC, an affiliate of Principal Real Estate Investors of Des Moines, Iowa, has bought a warehouse at 5265 Hickory Hill Road from five tenants-in-common sellers for $11.4 million.

76. Permit Filed For Hickory Hill Warehouse - Monday, December 15, 2008

A building permit for $700,000 has been filed for property at 5265 Hickory Hill Road. The owner of the property is Panattoni Development Co. and the tenant is Ozburn-Hessey Logistics LLC. Grinder, Taber & Grinder Inc. is listed as the contractor for the project. No architect was listed as of yet.

77. Archived Article - Tuesday, March 4, 2008

7691 Poplar Ave.
Germantown, TN 38138
Permit Amount: $50.9 million
Project Cost: $80 million
Permit Date: Applied February 2008
Completion: 2011
Owner: Methodist Le Bonheur Germantown Hospital
Tenant: Methodist Le Bonheur Germantown Hospital
Architect: TRO Jung/Brennen Inc.
Contractor: Flintco Inc.
Details: Methodist Le Bonheur Germantown Hospital filed application last week to build a 220,000-square-foot pavilion to house women's services, including inpatient beds, operating rooms and support space. In addition to the new construction, the hospital's overall plans include renovation of 88,000 square feet in the existing facility. The expansion at Methodist's Germantown location does not call for any new net beds to the system, a spokesperson said. Instead, it would transfer 100 beds from elsewhere within the system. The entire campus will be about 580,000 square feet once the expansion and renovation are complete. This latest step of the construction process comes on the heels of last summer's $9 million building permit to build a 260,000-square-foot parking deck at the Germantown location.
699 Oakleaf Office Lane
Memphis, TN 38117
Sale Amount: $1.8 million
Sale Date: Feb. 21, 2008
Buyer: Rosecrest
Seller: Oakwood Professional Building LLC
Details: An entity called Rosecrest bought a 14,000-square-foot office building at 699 Oakleaf Office Lane for $1.8 million from Oakwood Professional Building LLC. Built in 2003, the two-story building sits on slightly less than an acre at the northwest corner of Spottswood Avenue and Oakleaf Office Lane east of South Perkins Road. The Shelby County Assessor's 2007 appraisal was $953,900. Tenants include Fitness First Studio, Lindamood-Bell Learning Processes and Fish and Associates financial planning services, among others.
3860 E. Holmes Road
Memphis, TN 38118
Permit Amount: $808,000
Project Cost: N/A
Permit Date: Applied February 2008
Completion: N/A
Owner: Panattoni Development Co.
Contractor: Panattoni Construction Inc.
Details: Panattoni Development Co. has filed an $808,000 building permit to repair an industrial property damaged in the Feb. 5 storm that tore through Southeast Memphis. The 500,000-square-foot warehouse is part of Sacramento, Calif.-based Panattoni's Memphis Oaks Distribution Center on the northeast corner of Getwell Road and East Holmes Road. The Shelby County Assessor's 2007 appraisal was $14.8 million. A call to the company's local office was not returned.

78. Memphis Industrial Market Experiences 'Flat' 3rd Quarter - Monday, November 19, 2007

One large and lingering transaction resulted in a poor showing for Memphis' industrial leasing market during the third quarter of 2007.

Carrier Corp. formally vacated the 500,000 square feet it once occupied in the Southpoint Distribution Center in South Memphis to move to Holly Springs, Miss., in Marshall County.

79. Kornegay Honored WithNational Real Estate Award - Friday, October 26, 2007
     The commercial division of the National Association of Realtors has recognized Brad Kornegay of Colliers Management Services with the 2007 Commercial Alliance National Award.
     The Nationa

80. Panattoni Sells PropertyFor $6.1 Million - Monday, August 6, 2007
     Memphis Oaks 3 LLC, a division of Panattoni Development Co., sold property at 3860 Holmes Road for $6.1 million in an internal trade. The buyer was Moss Properties LLC.
     The 525,000-squa

81. Panattoni Begins Second PhaseOf Memphis Oaks - Friday, May 25, 2007
     Panattoni Development Co. (PDC) is developing the second phase of Building 3 at Memphis Oaks Distribution Center at 3860 Holmes Road.
     The work is a 525,000-square-foot addition to an exi

82. Archived Article - Tuesday, May 8, 2007

Three Memphis
Senior living communities
Sale Amounts: $11 million; $11.6 million; $7.1 million

Sale Date: April 26, 2007

83. Panattoni Development Co.Finances Holmes/Getwell Land - Monday, April 30, 2007
     Real estate developers Panattoni Development Co. (PDC) has filed a construction loan for acreage near Getwell and Holmes roads. The property is zoned for industrial use.
     Four limited lia

84. Commercial Real Estate ExpertsOffer Reviews, Forecasts - Tuesday, March 6, 2007
     See what real estate prognosticators have to say about the Memphis-area commercial market at the fourth annual Commercial Property Forecast Summit. Presented by the Memphis Area Association of Realtors (MAAR) Commercial

85. Panattoni Plans Expansion Of Holmes Road Building - Thursday, February 15, 2007
     Panattoni Development Co. is expanding an industrial building at 3860 E. Holmes Road, bringing the size of the building to more than 1 million square feet. The company has filed a nearly $9 million building permit with t

86. Outside Interest Buys Into Olive Branch - Monday, February 13, 2006
Panattoni Development Co. of Sacramento, Calif., bought 77 acres in the Whispering Woods area at Polk Lane and Goodman Road in Olive Branch recently, with plans to develop two buildings with about 1.7 million square feet between them. Panattoni bough

87. Archived Article: Newsmakers - Wednesday, April 6, 2005
MAAR Pinnacle Awards Winners Announced

MAAR Announces Pinnacle Award Winners

The Memphis Area Association of Realtors announced the following winners of the fourth annual Pinnacle Awards: Al Andrews Jr. of Panattoni Development Co., Commercial...

88. Archived Article: Daily Digest - Friday, February 11, 2005
Ethan Allen Buys

Ethan Allen Buys

Land Near Wolfchase

Ethan Allen Inc. has purchased vacant land in phase three of The Galleria of Memphis from TomBo Properties Inc. for $1.2 million, according to The Daily News Public Records Database, www...

89. Archived Article: Holmes (lead) - Thursday, April 22, 2004
Its gong to be used for bus expansion

Intermodal Cartage Buys Land for Expansion

Road improvements under way in area of industrial growth

ANDREW BELL

The Daily News

A Memphis-based intermodal transportation services company has purcha...

90. Archived Article: Daily Digest - Tuesday, April 20, 2004
March Home Sales

March Home Sales

Increase 26.8 Percent

The Memphis Area Association of Realtors Multiple Listing Service reported 1,445 home sales for March, an increase of 26.8 percent from 1,140 reported in March 2003. Monthly sales volu...

91. Archived Article: Baxter (lead) - Friday, June 20, 2003
Baxter growth prompts move to new facility

Baxter growth prompts move to new facility

By ANDREW BELL

The Daily News

A major medical supply companys local distribution hub is approaching a move into a larger warehouse thanks to steady gro...

92. Archived Article: Memos - Wednesday, April 16, 2003
Dr. Rosie Phillips Bingham

Dr. Rosie Phillips Bingham was promoted to vice president for student affairs at the University of Memphis. The Memphis native will assume the role May 1. She has been U of M assistant vice president for student affairs...

93. Archived Article: Pilot (lead) - Monday, March 17, 2003
Tax freeze plan

Tax freeze plan

heads to Council

By BRYAN MASSEY

The Daily News

At Tuesdays meeting, Memphis City Council members plan to review guidelines for the Community Reinvestment Credit, a payment-in-lieu-of-taxes program that...

94. Archived Article: Future (lead) - Wednesday, February 5, 2003
Future Electronics kicks off distribution center project

Future Electronics kicks off distribution center project

By STACEY WIEDOWER

The Daily News

Future Electronics, a worldwide distributor of electronic components, breaks ground today...

95. Archived Article: Daily Digest - Tuesday, February 4, 2003
Technicolor consolidates

Technicolor consolidates

DVD operations in Memphis

Technicolor Home Entertainment Services, a Thomson Digital Media Solutions business, formalized plans to expand its DVD packaging and distribution operations in Mem...

96. Archived Article: 01building (lead) - Thursday, January 31, 2002
2001 new building falls drastically from year before 2001 commercial construction falls drastically By SUE PEASE The Daily News The number of building permits filed for new commercial construction fell by almost half last year compared to the number...

97. Archived Article: Law Focus - Thursday, July 26, 2001
Mid South industrial growth continues despite slowing economy Mid-South industrial market reflects national slowdown By MARY DANDO The Daily News Although Memphis still holds the top spot as the premier distribution center of the United States, the ...

98. Archived Article: Real Review - Tuesday, February 20, 2001
CRSA lands new contracts CRSA lands new contracts Several new contracts were awarded to the Memphis-based Co-operative Retirement Services of America Inc. CRSA will provide management services for Waverly Gardens in Memphis, a rental retirement comm...

99. Archived Article: Panattoni (lead) - Monday, February 19, 2001
Commuter airline appeals zoning change to City Council Panattoni asks council to rezone 200-acre tract By MARY DANDO The Daily News Cosair Mitchell & Andrews Investments is asking for 202 acres it owns in Southeast Memphis to be rezoned in order...

100. Archived Article: Real Focus (desoto) - Tuesday, November 7, 2000
By SUZANNE THOMPSON Industrial development boom continues in North Mississippi By SUZANNE THOMPSON The Daily News As urban sprawl continues toward northern Mississippi, more developers are crossing the line and taking their industrial projects into ...