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Editorial Results (free)

1. Piece by Piece: Construction Projects Flourishing Throughout Mid-South -

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.

2. Fully Loaded -

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.

3. Memphis MSA Industrial Sector Has A Strong First Quarter After Record 2015 -

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.

4. Hot-Button Issue -

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.

5. Commercial Real Estate Market Reawakens -

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.

6. Experts to Provide CRE Outlook at Seminar -

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.

7. Optimism Returns to Industrial Market -

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.

8. Norfolk Southern Increases Activity -

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.

9. Levenger Leases Up EastPark IV -

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.

10. Foreclosure Notices Filed for Panattoni Land -

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.

11. Panattoni Begins Second PhaseOf Memphis Oaks -      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

12. Pricey Merchandise -

Earlier this year, the Gary Myers Co. sold a 17,000-square-foot office warehouse at 3121 Bartlett Corporate Center Drive to an investment group for $1.5 million. The multi-tenant building, purchased by BCH Investments, is a short drive from Interstate 40 and counts big users like Brother International Corp. as neighbors.

13. Archived Article: Law Focus - 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 ...

14. Archived Article: Real Review - 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...

15. Archived Article: Panattoni (lead) - 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...

16. Archived Article: Idb (lead) - By Stacey Wiedower SBC plan to bring 124 jobs to county By Stacey Wiedower The Daily News Several projects that would create jobs and add industry to the Memphis area are scheduled for consideration by the Industrial Development Board at its monthly...

17. Archived Article: Real Review - Trammell Crow Co Trammell Crow Co. represented three tenants in recent office lease transactions. Norwest Mortgage signed a lease for 12,085 square feet at 1775 Pyramid Place in Nonconnah Corporate Center. The office will be the headquarters for Nor...

18. Archived Article: Real Review - By LAURIE JOHNSON Lauderdale-Quince L.L.C., a Delaware limited liability company, purchased eight acres in Country Club Estates Commercial Subdivision from Quince Partners L.P., a Georgia limited partnership, for $5 million, according to a special w...

19. Archived Article: Warehouse (lead) - By SUZANNE THOMPSON Warehouse construction drops in third quarter By SUZANNE THOMPSON The Daily News The number of building permits filed for warehouse construction is down from 70 in the third quarter of 1997 to 58 in the third quarter of 1998, rep...

20. Archived Article: Warehouse Starts - By SUZANNE THOMPSON Warehouse construction down in fourth quarter Absorption of space soared at 3 million square feet   By SUZANNE THOMPSON The Daily News Warehouse construction starts were down in the fourth quarter of 1997, but leasing activi...